Merchandizing Specialist at Raya Holding for Financial Investments

Raya Holding for Financial Investments, a leading investment conglomerate, established in 1999 in Egypt with a vision to be a market leader and to grow into a solid financial conglomerate with multifaceted operations. Headquarter located in Cairo, Egypt; Raya Holding is managing a diversified investment portfolio of 12 lines of business in the various industries of e-payment, microfinancing, information technology, contact center, smart buildings, consumer electronics, food and beverage, land transport, automotive, FMCG and home appliances.

Raya Holding is listed in the Egyptian Exchange (EGX) since 2005, while the company empowers more than 16,000 proficient employees, accommodating to a wide international customer base from offices based in Egypt, Saudi Arabia, UAE, Qatar, Poland, Nigeria and Tanzania.

We are recruiting to fill the position below:

Job Title: Merchandizing Specialist

Location: Lagos
Employment Type: Full Time

Responsibilities
What will you do:

• Manage retail & online portfolio and stock level per brand per model by which retail budget plan is achieved.
• Build a strong relationship with the different suppliers and negotiate with them the GPs, rebates, incentive & payment terms and other facilities to maximize Raya’s benefits and profit.
• Communicate promotions activities and mechanism to Retail & Online Team in a clear manner.
• Manage in-store [POSM] branding elements with vendors [tables, life demos, leaflets, promoters…etc] to be regularly updated and maintained.
• Report weekly and monthly required reports to vendors.
• Monitor Raya’s achievement progression with vendors in order to secure rebates and all different payments from vendors as per agreements.
• Prepare vendors claims by which Raya collects the deserved amounts on time.
• Design and update branding manual to be offered to the vendors in an adequate way, to show our branding slots availability.
• Manage coding process and definition of Retail new models and SKUs with concerned parties.
• Manage and control price updates with finance to be responsive to market dynamics.

Requirements
What will you need:

• Very good knowledge of forecasting demand
• Very good knowledge of pricing
• University graduate with a Bachelor's Degree
• Excellent command of the English language

Application Closing Date
13th August, 2024.