What are the responsibilities and job description for the Senior Business Analyst position at InstantServe LLC?
Job Title: Senior Business Analyst
Location: Indianapolis, IN
Pay Rate: $45/hr. on 1099
Hybrid Role
Job Description:
- Reviews, analyses, and evaluates business systems and user needs.
- BAs are responsible for creating new models that support business decisions by working closely with finance and IT teams to establish initiatives and strategies aimed at improving revenue and/or optimizing costs.
- Business analysts need a “strong understanding of regulatory and reporting requirements as well as plenty of experience in forecasting, budgeting, and financial analysis combined with an understanding of key performance indicators.
Responsibilities include:
- Creating a detailed business analysis in an effort to outline problems, opportunities, and solutions for a business
- Reporting to stakeholders and Pthe roject Management Team.
- Defining business requirements and reporting them back to stakeholders
- Business analysts are tasked with prioritizing technical and functional requirements, identifying what clients want, and determining what is feasible to deliver.
- It requires a deep understanding of systems, how they function, who will need to be involved, and the necessary steps to get everyone on board.
Business analyst skills:
- The business analyst position requires both hard skills and soft skills.
- Business analysts need to know how to pull, analyze, and report data trends, share that information with others, and apply it to business goals and needs.
- Not all business analysts need a background in IT if they have a general understanding of how systems, products, and tools work.
- Alternatively, some business analysts have a strong IT background and less experience in business but are interested in shifting away from IT into this hybrid role.
- The role often acts as a communicator between the business and IT sides of the organization, so having extensive experience in either area can be beneficial for business analysts.
Required skills:
- Oral and written communication skills
- Interpersonal and consultative skills
- Facilitation skills
- Analytical thinking and problem-solving
- Being detail-oriented and capable of delivering a high level of accuracy
- Organizational skills
- Knowledge of the business structure
- Stakeholder analysis
- Requirements engineering
- Cost-benefit analysis
- Processes modeling
- Understanding of networks, databases, and other technology
Salary : $45
