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Sr. Business Analyst

Boston, MA, United States

PROJECT OVERVIEW:

Job Description :

seeking a highly skilled and detail-oriented Analyst/Project Manager with a varied skill set to join the executive team of IT. The ideal candidate will be responsible for reviewing contracts, software usage, and maintenance agreements to identify cost-saving opportunities and provide strategic recommendations. This role requires a keen analytical mind, excellent communication skills, and the ability to collaborate with cross-functional teams to implement cost-cutting measures.

Contract Review:

DETAILED LIST OF JOB DUTIES AND RESPONSIBILITIES:

Analyze and review various contracts, including vendor agreements, software licenses, and maintenance contracts.

Identify key services and pricing structures.

Evaluate contractual obligations and assess their impact on the overall cost structure.

Software Usage Analysis:

Conduct in-depth analysis of software usage across the organization.

Collaborate with IT and business units to understand software needs and align usage with organizational requirements.

Cost-Benefit Analysis:

Perform comprehensive cost-benefit analysis to assess the value derived from existing contracts and software licenses.

Develop financial models to illustrate potential cost savings and return on investment (ROI) for proposed changes.

Recommendation Development:

Summarize findings from contract and software reviews into actionable recommendations to drive financial efficiency and strategic cost reduction within the organization while maintaining / improving operational effectiveness.

Collaborate with relevant stakeholders to present cost-saving opportunities and discuss potential impacts on business operations.

Provide clear and concise documentation supporting recommendations and next steps.

Identify Key Performance Indicators (KPIs) to track / measure the effectiveness of implementing these recommendations.

Implementation Support:

Work closely with procurement, legal, and IT teams to implement recommended changes.

Monitor and track cost-cutting initiatives to ensure successful implementation. Manage and track KPIs to ensure success.

Provide ongoing support to measure the effectiveness of cost optimization strategies.

Preferred Qualifications:

5+ years of experience in Business Analysis, Project Management, IT Management, or other related experience in an IT environment, preferably working with various applications or other similar applications.

Experience in business analysis/design concepts and reengineering.

Ability to understand customer requirements, normalize them against current standards.

Evaluate contractual obligations and assess their impact on the overall cost structure.

Software Usage Analysis:

Conduct in-depth analysis of software usage across the organization.

Collaborate with IT and business units to understand software needs and align usage with organizational requirements.

Cost-Benefit Analysis:

Perform comprehensive cost-benefit analysis to assess the value derived from existing contracts and software licenses.

Develop financial models to illustrate potential cost savings and return on investment (ROI) for proposed changes.

Implementation Support:

Work closely with procurement, legal, and IT teams to implement recommended changes.

Monitor and track cost-cutting initiatives to ensure successful implementation. Manage and track KPIs to ensure success.

Provide ongoing support to measure the effectiveness of cost optimization strategies.

Preferred Qualifications:

5+ years of experience in Business Analysis, Project Management, IT Management, or other related experience in an IT environment, preferably working with various applications or other similar applications.

Experience in business analysis/design concepts and reengineering

Ability to understand customer requirements, normalize them against current standards and present back a solution that fits the needs.

Ability to effectively use MS Office tools including Visio, Project, Word, Excel, MS Access, and Power Point

A thorough understanding of relational databases and data models

Self-starter, capable of working in a fast -paced environment.

Ability to work independently and in a team environment with varying levels, team members, peers, management, and business stakeholders.

Strong verbal and written communication

Excellent coaching, listening, presentation and interpersonal skills.

Education And Certifications:

Bachelor's degree in business administration or an equivalent combination of education and work experience.

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