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Financial Business Analyst
2 months ago
Role Title: Financial Business Analyst
Role Overview: We are seeking a knowledgeable Financial Business Analyst with expertise in financial accounting processes. The ideal candidate will possess a solid understanding of balance sheets, profit and loss statements, revenue recognition, invoicing, collections, payments, and compliance reporting.
Key Competencies: Business Analysis
Experience Required: 6-8 years
Essential Skills: Proficiency in Quote to Cash and Finance Process Knowledge
Desirable Skills: Familiarity with financial accounting processes, including a deep understanding of balance sheets, P&L, revenue booking, invoicing, collections, payments, open accounts receivable, and compliance reporting. Candidates should also have experience in conducting in-depth data analysis on extensive datasets. A techno-functional background is preferred, with the ability to run and modify SQL scripts.
Requirements Analysis: Collaborate with finance stakeholders to comprehend reporting needs and challenges. Translate business requirements into functional specifications for Business Intelligence (BI) development.
Data Mapping and Modeling: Design and enhance data models (conceptual, logical, physical) using Entity-Relationship Diagrams (ERDs) to support intricate financial reporting requirements. Analyze database structures and relationships to ensure effective data linkage while identifying potential bottlenecks, redundancies, and optimization opportunities.
ETL Understanding: Work alongside ETL developers and Software Engineers to guarantee accurate and efficient data loading into BI platforms. Provide insights on data transformation requirements for reporting.
Data Analysis and Insights: Utilize advanced SQL skills to query, manipulate, and prepare complex financial datasets. Conduct quality checks, validate data, and troubleshoot discrepancies.
Communication and Collaboration: Foster effective communication and collaboration across teams to ensure alignment and understanding of financial data needs.