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Job Title: |
Senior Business Intelligence
Analyst |
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Location: |
Sequoya Holdings,
INC. |
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Job Description |
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Role and
Responsibilities The
business analysts is responsible for researching, recognizing, follow, and
analyze changing trends in the market. A key duty is to research historical
data to map trends and determine how demand drives that include Regular price
changes, Price elasticities, Promotion frequency and depth, Seasonal indexes
and Cross elasticities will influence the business.
The analyst must also routinely examine the forecast
methodologies to find ways of improving the predictive accuracy of the
non-linear regression model. This
includes customizing the regression models to include new variables, seasonal
effects and scaling factors that reflect changing market conditions and the
specific characteristics of each client’s market category. The analyst
must prepare and present reports, charts, and tables detailing an accurate
demand forecast and an analysis of market factors to company heads, and to
give recommendations on marketing, production and pricing strategy decisions.
These
analysis and reports produced by the Analysts, along with their
recommendations, allows customers to optimize pricing strategies, maximize
the impact of promotions on their incremental revenues, determine market
trends and risks, and understand competitive threats. The
analyst is responsible for influencing business decisions based on insights
on market dynamics, category and brand share, and the statistical sales
forecast. Duties are expected to be completed independently. To achieve these tasks, analysts must rely on a strong
knowledge of business, finance, economics and econometrics forecasting models
with an understanding of their financial and operational impacts to the
market category, and costumer products. This position provides timely, reliable,
objective, and actionable research-based retailer and brand insights to
Clients throughout US, Latin America, Europe and Africa. Analysts design,
manage and replicate quantitative research studies and provide analysis in a
prepared, professional form. Key Job
Duties:
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Develop upgrades to modeling techniques to improve forecast
accuracy. It can be in the form of new models, new variables or improvement
of the data used. 5% ·
Perform regular analysis, validations and updates on various
metrics such business seasonality, Price elasticity, Discount elasticity,
Cross elasticities to determine forecast accuracy. 5% ·
Validate the statistical and business accuracy of current
and future forecasts and make the necessary adjustments to the model
according to market requirements. ·
Provide ad hoc forecasts and industry reports requested to
assist management decision on pricing and promotional strategies. 5% ·
Interact and lead regular dialogue with customer’s
counterparts in Sales, marking, finance and analytics teams to
understand demand forecast drivers. 5%
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Enter and modify
data to ensure the correctness of the Product – Market hierarchy.
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They will also
develop expertise on marketing plans, consulting directly with clients on
building the marketing plan inputs. ·
Provide analytics and forecast support to the client. 5% ·
Responsible for influencing business
decisions based on insights on market dynamics, category and brand share, and
the statistical sales forecast. ·
Works with stakeholders from all business
units and related third parties to define and document business processes and
software requirements for technology initiatives, including online products
and supply management systems. 5% ·
Develop and document the project scope, objectives, and
research approach for large scale, custom research studies based on
interviews with managers and subject matter experts, secondary research, and
an evaluation of the business situation ·
Establish research methodology, study specifications,
procedures, timelines, and necessary tools for effectively and efficiently
meeting research objectives. ·
Analyze results from both quantitative and qualitative
research studies and design reports that summarize results, highlight the key
findings, explain the implications of the research, and provide actionable
recommendations in clear, concise, business language. ·
Learn and apply new research methods, methodologies, tools,
processes, and statistical procedures in order to improve the Consumer
Research function. ·
Manage a portfolio of research projects for decision makers
throughout the company, allocating limited resources against established
priorities to ensure quality work is completed on time. Job
Requirements:
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Ability to analyze
data logically and exercise sound judgment in defining, evaluating, and
correcting forecasting issues to create accurate reports and optimal
recommendations on pricing. ·
Ability to gain and
maintain effective working relationships clients.
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The ability to communicate
effectively with business proficiency both verbally and on paper to present technical information to management with
clarity and precision.
Bachelor Sciences (one of the following):
Masters (one of the following):
Statistics/Research
Methods: Ordinary Least Square,
linear and non-linear regressions. Business/Economics
Preferred: Knowledge of elasticities,
cross elasticities, theory of the firm and consumer behavior, theory
of demand, profit maximization theory on perfect competition, monopolies and
duopolies. Macroeconomics to evaluate market conditions at a macro level like
exchange rate changes. Supply management, finance and understanding of
consumer behavior. 4 P’s of the marketing mix, porter's five forces. Databases
(Preferred): Basic understanding of SQL Others: Linear Programing |
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