Business Analyst Jobs in Oyo, Nigeria

Who is a Business Analyst? 

Business analysis is a disciplined, structured, and formal approach to analyzing a business process, identifying improvements, and implementing changes so that the business can better achieve its goals. It is based on facts, figures, and observations.

A business analyst is a person who helps businesses analyze their processes, products, services, and systems to improve current processes and make profitable decisions through insights and data analysis. A business analyst also helps organizations document business processes by assessing the business model and its integration with technology.

What is the job description of a business analyst? 

• A Business Analyst uses data to identify problems and solutions, thereby creating step-by-step actionable steps for the future of the organization. He also conducts a business model analysis to evaluate the organization’s policies and structure to suggest change and improvement. 

• Builds business cases with strategies from financial analyses and reports on risks and returns.

•  Streamlines and improves internal and external reporting. He also forecasts and budgets the finances of the organization in line with key performance indicators.

• Ensures quality control by evaluating and improving business output which includes products, services, and IT structure of the organization.

• Identifying and prioritizing the organization's functional and technical needs and requirements

• Using SQL and Excel to analyze large data sets, as well as compiling charts, tables, and other elements of data visualization 

• Understanding business strategies, goals, and requirements, and creating financial models to support business decisions

• Planning enterprise architecture (the structure of a business)

• Forecasting, budgeting, and performing both variance analysis and financial analysis

What skills are required to be a business analyst? 

• Expertise in data research

• Mathematical mindset and expert analytic capabilities

• The ability to investigate and identify critical data

• Proven SAP skills

• Strong Microsoft Excel, Word, and PowerPoint skills

• SQL proficiency

• Project management experience

• Strong communication skills for reporting to stakeholders