Business Analyst

Overview Responsible for optimizing the performance of business operations by analyzing current and forecasting future performance. Conduct analyses and gather, organize and review data to support general business operations and planning activities and ensure processes are integrated and effective across the department. Growing an understanding of business needs and objectives. Solve a range of mostly straightforward problems with some increased scope and complexity. Developing professional with basic skill set and proficiency with procedures and analysis techniques. Responsibilities Conduct analyses and reporting in support of general business operations and planning activities including budget development, equipment availability and other capabilities Assess requirements for internal business processes, ensuring integration across teams and business units and compatibility with organizational strategic goals Document business processes and workflows; identify inefficiencies or areas for improvement. Analyze and evaluate business data to identify solutions to basic business problems; use quantitative analysis methodology to perform data, cost and benefit, and/or process measurement analysis Analyze processes and workflows to understand value chain, input/output, to improve and/or automate business performance Create reports that show key performance indicators, identify areas of improvement into current operations, and display root cause analysis of problems and value chain, input/output, to improve and/or automate business performance Conduct analyses of vendor invoices for validation of accuracy, resolution of discrepancies, and submission to Accounts Payable for payment processing Perform calculations for annual funding of invoices per vendor based on volume projections, contractual pricing, and other factors, as applicable Prepare requisitions for funding of new and existing contracts aligning with the department’s established budget Qualifications 2-5 years of experience in business and operational strategy, planning and analysis Basic understanding of business and operating environment Working knowledge of data querying, reporting, forecasting, analysis and operations research Research, analytical, and problem solving skills Effective problem resolution skills including determining root cause, scope and scale of issues Effective word processing and spreadsheet software skills Effective project management skill to lead projects and/or initiatives of small to medium scope to include working effectively with diverse internal and external contacts Bachelor's Degree in Business Administration, Finance or related field Desired Qualifications Master's Degree in Business Administration, Finance or related field Knowledge of invoice processing of third-party vendors Knowledge of ERP applications relating to Invoices, Requisitions, and Purchase Orders Familiarity of financial and accounting principles, practices, and methodologies Experience in establishing effective communication with internal and external contacts for research and/or resolution purposes Hours Monday - Friday, 8:00AM - 4:30PM Location 820 Follin Lane, Vienna, VA 22180 5510 Heritage Oaks Drive, Pensacola, FL 32526 About Us Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks. Our approach to careers is simple yet powerful: Make our mission your passion. 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