Market Analyst, Grade II
2 weeks ago
Position Summary
Purpose
Conducts market research and industry surveys in the relevant product/services domain to support the development of organizational strategies and assessment of potential business opportunities. supports a variety of activities including but not limited to sales support, new product development, and corporate strategy.
Duties & Responsibilities
Functions
ESSENTIAL
§Work on strategic growth projects of the organization, supporting both primary and secondary market research, as well as providing analytical and market-based insights
§Execute and deliver research projects involving competitive analysis & benchmarking, company profiling, market assessment & sizing, and industry/sector analysis, etc.
§Research, collect and consolidate data on the focus market, clients, and competitors into presentations and reports
§Remain abreast on market trends, and third-party research
§Contribute to the monthly market intelligence report by conducting secondary research like market analysis, tracking the performance of key brands, organizations, competitors & industry
§Provide data assistance to business development, finance, and other business teams for various projects
§Identify resources and support required for the work plan to be carried through
§Develop processes and reporting metrics to communicate trends to the business development team
§Collaborate with external business partners like primary market research agencies and data agencies to achieve strategic objectives
§Analyze and benchmark key competitors inside and outside of operational markets.
§Consult with subject matter experts to develop a complete understanding of the relevant trends as and when required.
§Conduct market benchmarking of product lines to identify growth opportunities
§Communicate regular progress updates to stakeholders
§Demonstrate of initiative to accomplish individual/ team objectives
§Work towards individual goals aligned with department and organizational objectives
§Comply with organizational policies and procedures
§Understand and adhere to organizational policies and practices
Safety
Ensure that the Safety policies and procedures are understood and adhered to is reasonably practicable to ensure a safe working environment.
Other
Carry out work in accordance with the Company Health, Safety, Environmental, and Quality Systems.
Perform the assigned tasks with due diligence regarding the Integrated Management Systems on the Company.
Eliminate waste of whatever form, suggest the use of more environmentally friendly substances and practices, and contribute to the continuous improvement of the environment.
Supervisory Responsibilities
§This position does not have any supervisory responsibilities.
Reporting Relationship
§Market Intelligence Manager
Qualifications
Qualifications
REQUIRED
• Post Graduation (MBA) in Marketing/Operations/Finance or Market Research with a minimum of two years of relevant market research experience, OR
• Graduation (bachelor's degree) in Engineering (Mechanical/ Electrical/ Electronics) with a minimum of three years of relevant industry experience
DESIRED
§Good knowledge of Microsoft Office applications, especially Excel and PowerPoint
§Good data analysis skills
§Good exposure to Oil & Gas market and its value chain and/or renewables
§Proficient in Tableau and Power BI
§Great communication skills
Knowledge, Skills, Abilities, and Other Characteristics
An individual should demonstrate the following competencies & qualities to be able to perform this role successfully:
-Excellent presentation and communication skills
-Exceptional data interpretation and analytical skills
-Strong logical reasoning & decision-making capabilities
-Strong organizing& planning skills
-Good understanding of upstream oil and gas industry
-Strong understanding of marketing strategy and the ability to tell a story with data analytics and insight
-Knowledge of offshore oil and gas equipment providers and service companies
-Teamwork & Interpersonal skills
Closing Statement
Working Conditions
This position is considered OFFICE WORK which is characterized as follows
indoors during the day and occasionally at night
§Occasional exposure to airborne dust in the workplace
§Worksurface is stable (flat)
Physical Activity/Requirements
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
This position is considered LIGHT work.
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