Financial Business Analyst

1 week ago

Hyderabad, India Premier People Logistic Solutions Full time

Job description

Job Title: Financial Business Analyst

Department: New Business & Strategy

Reporting to: Head Strategy & New Business

Location: Hyderabad

Compensation: 6.0 to 8.0 Lakhs per annum

Role

  • Collaborate with stakeholders to understand their needs and gather detailed business requirements.
  • Analyse data to identify trends, patterns, and insights that inform business decisions.
  • Develop and document business process models to illustrate current and future states.
  • Propose and design technical and process solutions that meet business needs and objectives.
  • Work with functional teams to implement solutions and ensure they align with business goals.
  • Communicate findings, recommendations, and project updates to stakeholders and executives.
  • Create detailed documentation of business requirements, processes, and solutions.
  • Identify opportunities for process improvements and contribute to ongoing optimization efforts.

Key Skills

Data Collection and Evaluation

  • Work together with Stakeholders: Communicate with business stakeholders to learn about their needs. Compile specific business requirements, then record them for later examination. Data Collection and Analysis
  • Gather and analyse data from many sources to spot patterns, trends, and insights that can guide business choices and workflow enhancements.
  • Draft Requirement Outlines, provide thorough specifications covering functional and non-functional requirements for brand-new systems and system upgrades.

Process Enhancement and Modelling

  • Business Process Mapping: To show current workflows and pinpoint areas for automation or improvement, create thorough models of business processes.
  • Find Process Improvements: Examine current corporate procedures to find inefficiencies and suggest improvements to boost output and cut expenses.
  • Create and Execute Solutions: Create and execute solutions that tackle recognized business requirements and process inefficiencies, guaranteeing congruence with overarching company objectives

Stakeholder management and communication

  • Stakeholder Communication: Act as a point of contact for business stakeholders, facilitating the efficient exchange of technical solutions and business requirements.
  • Presentation to key stakeholders

Project Documentation

  • Keep thorough records of business requirements, process models, project plans, and solution designs to facilitate project implementation and provide future reference.
  • Plan and lead workshops, meetings, and presentations to get feedback, confirm specifications, and guarantee alignment and buy-in from stakeholders.

Qualifications

  • Strong Analytical Skills and Business Analysis capabilities
  • Cross Functional exposure preferred
  • Financial Analysis Skills preferred
  • Excellent oral and written communication skills
  • Experience in Business Process analysis
  • Ability to gather and document Business Requirements
  • Strong problem-solving and critical thinking skills
  • Knowledge of project management methodologies
  • Strong Presentation Skills
  • Bachelor's degree in Business Administration, Management, or related field
  • Minimum Prior Work Experience of 2-5 years

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