The number 1 Top Employer in South Africa.
Certified by the Top Employer Institute 2024.
Role Purpose/Business Unit
- To support the Consumer Business Unit (CBU) teams in the with respect to Prepaid and Postpaid products, as well as with pricing analysis, reviews, framework, strategy and high level financial models
- To research and quantify impacts on commercial and revenue metrics resultant from price adjustments or from introduction of new products or services. To collaborate and provide commercial oversight with relevant stake-holders and to ultimately deliver summary outputs and recommendations to the Vodacom executive and senior leadership team
- To assist in generating a concise and competent pricing framework and the necessary governance therein for use by relevant business units
- To interrogate service and product creations from other non-GSM business units (DLS, Financial Services etc.) to ensure any potential arbitrage is mitigated
- To research, gather and quantify impacts resultant from minor to significant pricing changes and product constructs. To consolidate and rationalise findings and present to SLT and CEO and to make recommendations to future pricing strategy and rationalise current portfolio
- Specialist pricing strategy recommendations to C-level staff and CEO
- Analytical and operational support to CBU teams
- Derive and communicate insights obtained from reporting
- Support the various contract CBU teams with pricing related activities
- Perform high level (and in some respects detailed) financial modelling to co-create with Finance Business Partners
- Review performance trends and identify opportunities on an on-going basis
- Determine and review price elasticity for products and services
- Define pricing frameworks and strategies based on supply & demand, costing, regulatory and competition factors
- Provide valuable pricing insights and analysis
- Provide pricing input to detailed financial models and budget/forecasting processes
Must have technical / professional qualifications:
- Relevant B. Sc/B.Comm in Mathematics, Finance, Statistics, Econometrics or relevant degree is essential and
- A minimum of 8 years relevant working experience in Commercial and/or Finance - essential.
- Inclusive of 2- 3 years in pricing and/or financial modelling - essential.
- Understanding of pricing strategies and principles - essential.
- Mobile communication experience an advantage
- Understanding of pricing strategies and principles is essential
- In-depth understanding of overall revenues and direct costs
- An understanding of revenue and cost recognition and alignment to incumbent accounting standards (IFRS15) advantageous
- Understand elasticity and market trends within the prepaid segment
- Advanced skills in Excel, Word and PowerPoint
- Advanced SQL skills is essential
- Deep understanding of competitive environment
- Enticing incentive programs and competitive benefit packages
- Retirement funds, risk benefits, and medical aid benefits
- Cell phone and data benefits, advantages fiber connection discounts, and exclusive staff discounts offered in collaboration with partner companies
The base location for this role is, Vodacom Midrand Offices
The Company s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.
Vodacom is committed to an organisational culture that recognises, appreciates and values diversity & inclusion.
