OUR SERVICES: FINANCIAL ANALYSIS

Business Analyst

What does a Business Analyst do?

A Business Analyst evaluates organizational processes, systems, and workflows to identify opportunities for improvement or efficiency gains. They gather and analyze data, document requirements, and communicate with stakeholders to understand business needs. Business Analysts then propose solutions, such as new software applications or process changes, to address identified issues. They also assist in implementing these solutions, ensuring alignment with organizational goals and objectives. Throughout the project lifecycle, Business Analysts liaise between business users and technical teams, ensuring that solutions meet business requirements and deliver value to the organization.

    Tier 1

    .

    1 to 2
    years of
    experience

    Tier 2

    .

    3 to 5
    years of
    experience

    Tier 3

    .

    > 5
    years of
    experience

    ABOUT THE ROLE

    Roles and Responsibilities

    • Gathering and analyzing business requirements from stakeholders.
    • Evaluating organizational processes, systems, and workflows for improvement opportunities.
    • Documenting requirements and creating detailed business requirement documents (BRDs).
    • Communicating effectively with both business users and technical teams.
    • Proposing solutions, such as new software applications or process changes, to address identified issues.
    • Assisting in the implementation of proposed solutions and ensuring alignment with organizational goals.

    Day-to-Day Duties

    • Gather and analyze business requirements.
    • Communicate with stakeholders to understand needs.
    • Document requirements in BRDs.
    • Collaborate with technical teams on solution development.
    • Participate in meetings and project discussions.

    SKILLS AND TOOLS

    Soft Skills

    • Communication skills
    • Analytical thinking
    • Problem-solving abilities
    • Adaptability
    • Attention to detail
    • Critical thinking
    • Time management
    • Collaboration

    Hard Skills

    • Requirements gathering and documentation
    • Data analysis and interpretation
    • Process modeling and improvement
    • Software proficiency (e.g., Microsoft Office, project management tools)
    • Business process reengineering
    • Stakeholder management

    Tools

    Excel for tasks such as organizing data 70%
    Microsoft Visio for creating flowcharts 90%
    Jira and Trello to track project tasks 80%

    Education

    Common Educational Backgrounds and Careers for this Role:

    • Public Accounting
    • Business administration
    • Forensic Finance
    • Economics
    • Information Technology
    • Management Studies
    • Marketing
    • Data Analytics
    • Operations Management
    • Business Management

    CANDIDATES TESTS

    Tests & Evaluations for Candidates

    QuickBooks

    QuickBooks Online (UK and US version) test to hire

    8/10

    Bookkeepers, accountants, financial clerks, financial managers, business and clerical administrators.

    GAAP

    Use the Financial accounting (US GAAP) test to hire

    8/10

    Bookkeepers, accounts assistants, financial accountants, financial managers, and other roles requiring a good grasp of financial accounting.

    IFRS

    Use the Financial accounting (IFRS) test to hire

    8/10

    Bookkeepers, accounts assistants, financial accountants, financial managers, and other roles requiring a good grasp of financial accounting.