Job Summary:

The Strategic Business Analyst plays a crucial role in driving the organization's strategic initiatives by analyzing business data, identifying trends, and providing insights to support decision-making. This role involves collaborating with various departments to assess business performance, evaluate opportunities for growth, and recommend strategies to achieve the company's long-term goals. The ideal candidate will have strong analytical skills, a deep understanding of business processes, and the ability to translate data into actionable strategies.

Key Responsibilities:

• Strategic Analysis:
  • Analyze market trends, competitive landscape, and internal data to identify opportunities and risks.
  • Provide insights and recommendations to senior management for strategic planning and decision-making.
  • Develop and maintain models to forecast business performance and assess the impact of various strategic initiatives.
• Business Performance Evaluation:
  • Monitor key performance indicators (KPIs) to assess the effectiveness of current strategies.
  • Conduct deep-dive analyses to understand the drivers of business performance and identify areas for improvement.
  • Prepare and present performance reports to stakeholders, highlighting key insights and recommendations.
• Strategic Planning Support:
  • Assist in the development of the company's strategic plan, including setting objectives, identifying priorities, and allocating resources.
  • Work with various departments to ensure alignment with the company's strategic goals.
  • Support the implementation of strategic initiatives by providing data-driven insights and tracking progress.
• Opportunity Assessment:
  • Evaluate potential business opportunities, including new markets, products, and partnerships.
  • Conduct financial and operational analyses to assess the feasibility and potential return on investment (ROI) of new initiatives.
  • Provide recommendations on whether to pursue, modify, or abandon opportunities based on analysis.
• Project Management:
  • Lead or support strategic projects from conception to execution, ensuring they are completed on time and within budget.
  • Collaborate with cross-functional teams to define project goals, develop project plans, and manage resources.
  • Monitor project progress and provide regular updates to stakeholders.
• Risk Management:
  • Identify potential risks associated with strategic initiatives and develop mitigation strategies.
  • Monitor the external environment for changes that could impact the organizations strategy, including economic shifts, regulatory changes, and technological advancements.
  • Provide regular risk assessments to senior management.
• Stakeholder Communication:
  • Serve as a liaison between senior management and various departments to ensure clear communication of strategic goals and initiatives.
  • Facilitate meetings and workshops to align teams on strategic priorities and action plans.
  • Prepare and deliver presentations to communicate strategic insights and recommendations to stakeholders.
• Continuous Improvement:
  • Continuously seek ways to improve business analysis processes and methodologies.
  • Stay updated on industry trends, best practices, and new analytical tools and techniques.
  • Share knowledge and insights with the broader team to enhance the organizations strategic capabilities.

Education Preference: Bachelors degree in business administration, Finance, Economics, or related fields is required.

Years of Experience: 5 years +

Skills Required: 

• Strategic planning
• Data analytics tools and software (Power BI)
• Cross-functional Project management
• Performance reporting
• Market research