Business Analyst

Navy Federal Credit Union•Pensacola, FL

2d•$29 - $45•Onsite

About The Position

Responsible for optimizing the performance of business operations by analyzing current and forecasting future performance. Conduct analyses and gather, organize and review data to support general business operations and planning activities and ensure processes are integrated and effective across the department. Growing an understanding of business needs and objectives. Solve a range of mostly straightforward problems with some increased scope and complexity. Developing professional with basic skill set and proficiency with procedures and analysis techniques.

Requirements

2-5 years of experience in business and operational strategy, planning and analysis
Basic understanding of business and operating environment
Working knowledge of data querying, reporting, forecasting, analysis and operations research
Research, analytical, and problem solving skills
Effective problem resolution skills including determining root cause, scope and scale of issues
Effective word processing and spreadsheet software skills
Effective project management skill to lead projects and/or initiatives of small to medium scope to include working effectively with diverse internal and external contacts
Bachelor's Degree in Business Administration, Finance or related field

Nice To Haves

Master's Degree in Business Administration, Finance or related field
Knowledge of invoice processing of third-party vendors
Knowledge of ERP applications relating to Invoices, Requisitions, and Purchase Orders
Familiarity of financial and accounting principles, practices, and methodologies
Experience in establishing effective communication with internal and external contacts for research and/or resolution purposes

Responsibilities

Conduct analyses and reporting in support of general business operations and planning activities including budget development, equipment availability and other capabilities
Assess requirements for internal business processes, ensuring integration across teams and business units and compatibility with organizational strategic goals
Document business processes and workflows; identify inefficiencies or areas for improvement.
Analyze and evaluate business data to identify solutions to basic business problems; use quantitative analysis methodology to perform data, cost and benefit, and/or process measurement analysis
Analyze processes and workflows to understand value chain, input/output, to improve and/or automate business performance
Create reports that show key performance indicators, identify areas of improvement into current operations, and display root cause analysis of problems and value chain, input/output, to improve and/or automate business performance
Conduct analyses of vendor invoices for validation of accuracy, resolution of discrepancies, and submission to Accounts Payable for payment processing
Perform calculations for annual funding of invoices per vendor based on volume projections, contractual pricing, and other factors, as applicable
Prepare requisitions for funding of new and existing contracts aligning with the department’s established budget