Business Analyst Manager at Food Concepts Plc – Abuja

Food Concepts Plc is recruiting a Business Analyst Manager in Abuja to provide business analysis and insights, support day-to-day operations with relevant data and information, and identify pricing opportunities.

Requisition ID: 1442
Grade level: 6
Department: Financial Planning and Analysis
Reports to: Head of FP&A

About the employer

Food Concepts Plc commenced operations in 2001 with the aim of transforming the food sector in West Africa and delivering satisfaction to its stakeholders. Its Chicken Republic subsidiary launched in 2004 and has opened 55 stores in Nigeria and Ghana. The source vacancy describes Chicken Republic as the fastest-growing chicken quick-service restaurant brand in West Africa and the number-one chicken QSR in Nigeria by revenue and number of outlets. It also notes that the brand was ranked among Nigeria’s top 20 brands across all categories at the Financial Standards Awards 2009.

Job purpose

Support the delivery of analysis and insights by providing data and information for the day-to-day operation of the business and identifying pricing opportunities.

Core responsibilities

Recipe costing

• Review food recipes and determine appropriate costing for menu items.
• Convert recipes for use in quantity preparation.
• Ensure that material-item costs are kept up to date.
• Perform margin and pricing-sensitivity analysis to support business initiatives.
• Develop price points for new product launches to improve profit margins and sales volumes.

Business analysis

• Review the product menu to identify the best- and worst-performing products by location.
• Determine theoretical gross profit and cost-benefit performance by location.
• Monitor pricing decisions and product performance proactively to identify when revaluation is needed.
• Ensure pricing accuracy across store types and regions.
• Perform product and volume profitability analysis.

Competitive analysis

• Monitor and update commercial and competitor price lists.
• Analyse market trends, including competitors’ prices, consumer habits, marketing strategies and profitability.
• Work with relevant teams to identify pricing strategies and opportunities.

Data analytics

• Report daily, weekly and monthly product performance.

Key performance indicators

• Maintain an updated product price list by cluster.
• Maintain an updated competitor price list.
• Maintain and regularly update pricing models.
• Develop regular templates to support business operations.

Knowledge and skills

• Good research, quantitative and analytical skills.
• Competence in Microsoft Office programmes, particularly Excel.
• Strong mathematical aptitude and analytical thinking.
• Commercial and economic awareness, including global economic factors that may influence the food, beverage and QSR industry.
• Good written and verbal communication skills.

Education and experience

• First degree in Mathematics, Statistics, Computer Science, Economics or Finance.
• A relevant professional qualification is an added advantage.
• At least five years’ experience in a similar role.

Decision expectations

• Research and prepare pricing reports.
• Prepare competition reports.
• Prepare pricing-impact reports.
• Prepare product-volume profitability reports.

Working conditions

The role typically involves 40 hours per week, Monday to Friday, although some evening or weekend work may be required. It is largely office-based and involves substantial research and analysis.