Position Title: Business Analyst
Location: Vijay Nagar, Indore
Department: Advisory Services
Employment Type: Full-time
Position Summary:We are seeking an experienced and detail-oriented Business Analyst to join our advisory firm. The ideal candidate will have a strong background in business analysis and consulting, with the ability to understand and solve complex business problems. As a Business Analyst, you will work closely with clients to identify their needs, analyze data, and provide actionable insights to drive strategic decisions and improve business performance.
Key Responsibilities:Client Engagement:
- Conduct initial consultations to understand clients' business challenges and objectives.
- Build and maintain strong relationships with clients to understand their evolving needs.
Requirement Analysis:
- Gather, document, and analyze business requirements through meetings, workshops, and interviews with clients.
- Translate business needs into detailed requirements, process flows, and functional specifications.
Data Analysis & Reporting:
- Perform detailed data analysis to uncover insights, identify trends, and support decision-making.
- Develop comprehensive reports and dashboards to present findings to clients and stakeholders.
Solution Design & Recommendation:
- Work with cross-functional teams to design and recommend solutions that align with clients' strategic goals.
- Provide cost-benefit analysis and feasibility studies to support proposed solutions.
Process Improvement:
- Analyze current business processes and workflows to identify inefficiencies and areas for improvement.
- Recommend and implement best practices to enhance operational efficiency and effectiveness.
Documentation:
- Prepare clear and concise documentation, including business requirements, process documentation, use cases, and user stories.
- Ensure all documentation is kept up-to-date and is easily accessible.
Project Management:
- Support project management activities including planning, tracking, and reporting on project progress.
- Coordinate with internal teams and clients to ensure timely and successful project delivery.
Stakeholder Communication:
- Communicate effectively with clients, project teams, and senior management to ensure alignment on project goals and expectations.
- Conduct regular status meetings and provide updates on project milestones and deliverables.
Training & Support:
- Provide training and support to clients to ensure successful adoption of new processes and systems.
- Develop training materials and user manuals as needed.
Continuous Improvement:
- Stay current with industry trends, best practices, and emerging technologies to provide innovative solutions.
- Continuously seek opportunities to improve the firm's business analysis methodologies and tools.
Qualifications:Education:
- Bachelor’s degree in Business Administration, Management, Economics, or a related field.
- Master’s degree in Business Administration (MBA) is preferred.
Experience:
- Minimum of 0 to 1 years of experience as a Business Analyst, preferably within an advisory or consulting firm.
- Proven track record of delivering successful projects and solutions for clients.
Soft Skills:
- Excellent analytical and problem-solving skills.
- Strong communication and interpersonal skills.
- Ability to work independently and collaboratively with clients and internal teams.
- Detail-oriented with strong organizational skills.
Certifications:
- Professional certifications such as CBAP (Certified Business Analysis Professional) or CCBA (Certification of Capability in Business Analysis) are a plus.
Key Competencies:- Client Focus: Ability to understand and anticipate client needs, and deliver tailored solutions.
- Analytical Thinking: Strong analytical skills to evaluate complex business problems and develop actionable insights.
- Communication: Excellent verbal and written communication skills to effectively engage with clients and stakeholders.
- Adaptability: Ability to adapt to changing client requirements and industry trends.
- Problem-Solving: Proactive approach to identifying issues and providing innovative solutions.
- Collaboration: Strong team player with the ability to work effectively in cross-functional teams.
Benefits:- Competitive salary and performance-based bonuses.
- Comprehensive health, dental, and vision insurance.
- Retirement savings plan with employer match.
- Opportunities for professional development and career advancement.
- Flexible work arrangements and remote work options.
- Paid time off and holiday benefits.