iKhokha is a place where chance-takers become change-makers. At iKhokha, we believe in better. As you'd expect, our pace is fast-moving and ever-changing. We like it that way. As one of the fastest-growing FinTech's in Africa, we've built a team of global change-makers who want to make an impact. If you believe in a better future, be a chance-taker and help us empower small businesses in South Africa.
Job DescriptionDo you thrive in fast-paced, high-growth environments where innovation drives everything we do?
If you're ready to bring your analytical expertise to a forward-thinking environment, iKhokha is looking for a sharp mind to join our finance team as a Pricing Analyst.
So, what will you do?
You will champion the iKhokha pricing review process by working closely with your colleagues across the business to analyse and propose merchant solutions which align with the objectives of the organisation.
You will play a key role in the quick turn-around of pricing requests to ensure that merchants receive competitive market related proposals.
You will also be exposed to wide ranging financial and commercial analysis on our products, services and distribution channels and will contribute to the overall objectives within the FP&A department.
In addition to the above, you will:
- Review and evaluate pricing proposals from all sales channels.
- Update all pricing structures with approved rates.
- Assist change of ownership process by updating rates.
- Calculate rates refunds due to errors and submit for approval.
- Analysis & validation on month-on-month changes to merchant pricing.
- Review and evaluate free device proposals from all sales and support channels.
- Monitor monthly free device report for approvals.
- Monitor and audit post-sale usage of any free devices dispatched.
- Evaluate win/ loss rates on proposals.
- Understand the relevant drivers of GP (revenue and cost of sale).
- Monthly analysis on iK Prepaid, reviewing performance with the FP&A Analyst.
- Monitor and track iK store monthly operational expenditure.
- Stay abreast of industry trends, market dynamics, and competitive landscape to provide market related solutions to merchants.
- NQF level 6 qualification in Finance or Business Management.
Deal Breakers:
- 3 years plus experience in a junior to mid finance or support role.
- Intermediate to Advanced level experience in MS Excel & CRM suites.
- Junior to Intermediate level experience in PowerBI & MS PowerPoint.
- Prior experience working within a pricing or costing role is advantageous.
- Prior experience working within the payments processing or fintech industries is advantageous.
Perks of joining the Tribe?
- Work in a high-growth company with tangible results you're accountable for.
- Enjoy hybrid, remote, and in-office work models.
- Competitive remuneration and benefits, including reduced Gap cover rates. Medical Aid and Group Risk scheme contributions.
- Visionary leadership.
- Seize the opportunity for study leave.
- Access to on-demand learning at your fingertips.
- Experience a friendly, collaborative culture with a team of all-round-lekker humans (it’s true, we surveyed our Employees and they told us so).
- If you find yourself at HQ, coffee on tap and a selection of hot beverages provided by our very own onsite Barista.
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What We Do
iKhokha is a co-founder led financial technology company that believes every South African entrepreneur should be given the opportunity to compete in the digital economy – because when small businesses grow, Mzansi thrives.All our digital payment solutions are built in-house at our HQ in Umhlanga where we manage the entire product life cycle from research to design, development, user testing, rollout, and product evolution.From Tap & Go enabled card machines to point-of-sale systems, top-tier ecommerce products (such as iK Pay Gateway) and, of course, the iKhokha app, we pride ourselves on building highly competitive products at affordable prices to give businesses the payment tools they need to succeed, both in-person and online.Whether through our speed point machines or our ecommerce payment solutions, our merchants enjoy the lowest transaction rates in South Africa. And to reward them for trading with us, these rates keep getting lower the more they sell!Our merchants can also access working capital after just three months of trade using our iK Cash Advance product and can increase their basket size by selling prepaid products with iK Prepaid on the iKhokha app.At our core, we’re here to help entrepreneurs and businesses of all sizes start, run, and grow. We use tech to create meaningful experiences that uplift our communities, add value, and make running a business less of a dream and more of a reality.
