Business Analyst

Job Description:
Business Analyst
Work Location: Gurgaon
The primary responsibilities would be as follows:
Major Activities
• Collaborating with top management to prepare short & long term business plans and ensuring their implementation as per plan
• Studying industry, market & product segmentation and performing competition analysis
• Carrying out in-depth analysis of region-wise, store-wise & product-wise sales & profitability to assist top management in decision making
• Assessing new store opening plans & financial models
• Accountable for optimization of net working capital, tracking inventory & payables and performing vendor flow through analysis
• Administering domestic & global vendors’ terms of trade, taxation, commercials & payments
• Identifying bottlenecks for growth & plan counter measures for the same along with business heads
• In consultation with HODs define Key Performance Indicators to measure operational performance
• Provide data and analysis on past performance to support the planning process and to guide target setting
• Consolidate inputs from HODs and Disseminate approved plans to HODs
• Prepare and present consolidated budget (annual/monthly/seasonal) and key business related analysis to management for approval
• Iterate for approval
• Prepare monthly operational and business analysis / reports
• Interact with HODs to understand variances and future impact
• Monitor performance indicators, analyze trends / variances, identify issues and opportunities
• Prepare consolidated forecasts for review and decision by management - business plans: budget vs. actual, action plan etc.
• Analyze and suggest areas for cost control and reduction
• Prepare business and operational reports / presentations for management / board of directors
• Benchmark and share company's business and operating results against industry performance
• Consolidate and analyse purchase and sales data, competitor pricing data and other internal benchmarks to develop a robust pricing model
• Advice on pricing of all items/SKU's to ensure that margins are as per objectives while ensuring maximum sales at the price point as well
• Contribute/advice on discounts to be offered after analyzing various factors like inventory age, profit after discount etc.
• Ensure that pricing and billing at stores are as per policies and guidelines defined by the pricing model
• Ensure and monitor implementation of internal control systems and templates for data capture
• Contribute to the continuous improvement of business control systems, business information systems and processes to ensure the efficient and effective operation of the business function at
• Ensure that all expenses and revenue generation for each department is captured in the system and is as per the defined business plan
• Facilitate and provide support for audits
• Maintain effective relationship with managers and officers within the function ensure teamwork with related functions
• Ensure that staff are developed, trained, motivated, evaluated for job performance and compensated fairly
• Ensure proper staffing in areas of responsibility