IN-DNR Senior Business Analyst

Short Description:
Reviews, analyzes, and evaluates business systems and user needs.


Complete Description:
Client
are responsible for creating new models that support business decisions by
working closely with finance and IT teams to establish initiatives and
strategies aimed at improving revenue and/or optimizing costs. Business
analysts need a "strong understanding of regulatory and reporting requirements
as well as plenty of experience in forecasting, budgeting, and financial
analysis combined with understanding of key performance indicators.

Responsibilities inlcude:

- Creating a detailed business analysis in an effort to
outline problems, opportunities, and solutions for a business


- Reporting to stakeholders and Project Management Team.


- Defining
business requirements and reporting them back to stakeholders

Business
analysts are tasked with prioritizing technical and functional requirements,
identifying what clients want, and determining what is feasible to deliver. It
requires a deep understanding of systems, how they function, who will need to
be involved, and the necessary steps to get everyone on board.


The
role of a business analyst is constantly evolving and changing - especially as
companies rely more on data to advise business operations. Every company has
different issues that a business analyst can address, whether it's dealing with
outdated legacy systems, changing technologies, broken processes, poor client
or customer satisfaction, or siloed large organizations.

Business
analyst skills

The
business analyst position requires both hard skills and soft skills. Business
analysts need to know how to pull, analyze and report data trends, share that
information with others, and apply it to business goals and needs. Not all
business analysts need a background in IT if they have a general understanding
of how systems, products, and tools work. Alternatively, some business analysts
have a strong IT background and less experience in business but are interested
in shifting away from IT into this hybrid role. The role often acts as a
communicator between the business and IT sides of the organization, so having
extensive experience in either area can be beneficial for business analysts.

Required skills:

- Oral and written communication skills


- Interpersonal and consultative skills


- Facilitation skills


- Analytical thinking and problem solving


- Being detail-oriented and capable of delivering a high
level of accuracy


- Organizational skills


- Knowledge of business structure


- Stakeholder analysis


- Requirements engineering


- Cost-benefit analysis


- Processes modeling


- Understanding of networks, databases, and other
technology