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Data Analyst

Business analyst.

In addition to performing financial and operational modelling, a Business Analyst is expected to develop new models that underpin sound business decisions. A Business Analyst job description should recognise the streamlining and improving of internal and external reporting. The role should also call for 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.

The end goal is to provide financial insights that help the decision-making process, and align capital and resource allocation within the business budget. The Business Analyst should also drive fresh initiatives for financial planning and business intelligence systems

Responsibilities

Responsibilities vary greatly depending on the industry and specialisation. Typical duties include:

  • Interacting with clients to understand and assess the JTBD.
  • Collecting, processing, synthesising and modelling data
  • Designing and developing systems and dashboards that facilitate the fulfilment of business needs
  • Exercising analytical and business intelligence skills to generate valuable insights from vast and complex data sources
  • Serving as a link between the commercial and technical teams to provide actionable insights into current organisational performance
  • Offering commercial and technical support
  • Consulting with account and project managers
  • Conducting financial analysis to assess the feasibility of business opportunities
  • Assisting in commercial, technical and market-oriented matters
  • Monitoring and overseeing quality control and assessing performance levels
  • Documenting and managing technical updates
  • Creating software validation methods
  • Documenting and coordinating software updates
  • Looking into potential upgrades and improvements