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Role Summary
As a Business Analyst at Datamatics, you will play a crucial role in the development and enhancement of the FINATO platform. You will work closely with cross-functional teams to analyze client’s business needs, define requirements, and ensure the delivery of high-quality solutions that align with client objectives and market trends.
Key Responsibilities
- Business Requirements Gathering and Analysis: Conduct detailed analysis and validation of business functions by studying operational objectives, gathering information, and evaluating output requirements and formats. Collaborate closely with stakeholders to understand client processes and needs, ensuring that workflow charts and diagrams are constructed accurately and system capabilities are fully utilized in the specification documentation.
- Product and Process Improvement: Work hand-in-hand with the product development team to shape the future of the FINATO platform by incorporating feedback and ongoing market research to enhance product features. Study current practices and design modifications to improve systems, recommending controls by identifying problems and writing improved procedures.
- Strategic Planning and Research: Conduct and coordinate comprehensive financial, product, market, and operational research to support strategic and business planning within various departments. Interpret, evaluate, and interrelate research data to develop integrated business analyses and projections for strategic decision-making. Plan and coordinate primary and secondary market research studies, presenting findings to client committees.
- Stakeholder Management and Communication: Act as a bridge between technical teams and non-technical stakeholders, ensuring clear communication and alignment of expectations. Understand and communicate the financial and operational impact of any changes, suggesting changes to senior management using analytics to support your recommendations.
- Data Analysis and Reporting: Utilize advanced data analytics tools to provide insights and support decision-making processes. Create informative, actionable, and repeatable reports that highlight relevant business trends and opportunities for improvement. Conduct insightful, ad hoc analyses to investigate ongoing or one-time operational issues.
- Implementation and User Acceptance Testing: Actively participate in the implementation of approved changes and represent the project team in client meetings for project status, requirements elicitation, and delivery issues. Coordinate and participate in user acceptance testing sessions to ensure that the functionality meets or exceeds the established requirements.
- Domain Knowledge - Procure-to-Pay (P2P) Processes, Order-to-Cash (O2C) Processes, Record-to-Report (R2R) Processes, Financial Planning and Analysis (FP&A), Treasury Management, Compliance and Risk Management, Data Analysis and Reporting, ERP Knowledge and System Integration
- Business Analyst must have skills & proficiencies: Detail oriented, analytical and inquisitive, Teamwork, Software Maintenance, Process Improvement, Big Picture Thinking, Work Well under Pressure, Communication, Problem Solving, Critical Thinking, Relationship Building, Product Thought Process, Extremely organized with strong time-management skills. Ability to work independently and with others. Customer Management, Stakeholder Management, Experience of F&A Domain.
Qualifications
Education:B.Sc /BCS/B.Tech/BE
Competencies and Desired Skills
- Technical / Functional: Requirement Gathering, Functional Knowledge, Business Analysis
- Behavioral: Team work & Collaboration, Initiative, Planning & Result Orientation
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