Business Analyst

Stryker Corporation; Dubai; On-site; Confidential; Full time

Job summary

A leading medical technology company based in Dubai is seeking a Business Analyst to optimize financial strategies by analyzing financial data and identifying trends. The role includes bookkeeping, preparation of management reports, variance analysis, VAT compliance, and audit support. The ideal candidate should have 3 to 7 years of business analysis experience, strong analytical skills, and a collaborative mindset. This position provides an opportunity to make impactful contributions to the financial performance of the company.

Qualifications

• 3 to 7 years of experience in a business analysis role.
• Strong analytical skills and financial acumen.
• Ability to collaborate effectively with various teams.

Responsibilities

• Conduct thorough bookkeeping for financial transactions.
• Perform variance analysis to compare actual performance to forecasts.
• Manage VAT compliance activities and assist in filings.
• Prepare schedules for audits and assist auditors.

Skills

Analytical skills

Financial acumen

Collaboration

Job description

Job Description

The Business Analyst will play a key role in supporting by analyzing financial data, identifying trends, and providing insights to optimize business strategies. This role involves identifying opportunities for improvement, streamlining financial processes, and ensuring alignment with industry best practices. Additionally, the role will support decision-making by providing financial intelligence and assisting in the preparation of key reports and presentations for stakeholders.

Key Responsibilities

1. Bookkeeping & Preparation of Monthly and Quarterly MIS Reports:
   • Conduct thorough bookkeeping to ensure accurate recording of financial transactions.
   • Compile and analyze financial data to prepare monthly and quarterly Management Information System (MIS) reports.
   • Ensure timely and accurate bank reconciliation, staff, and other accounts related reconciliations.
   • Conduct regular review of ledgers to ensure accounting hygiene and accuracy.
2. Variance Analysis and Presentation Preparation:
   • Perform variance analysis comparing actual financial performance to budget and forecasts.
   • Prepare presentations highlighting key findings and recommendations for management review.
3. Annual Budget Preparation:
   • Participate in the preparation of the company's annual budget, collaborating with relevant departments to gather necessary data and assumptions.
4. VAT & Tax Compliance:
   • Manage VAT compliance activities, including assistance in return filing, VAT refund applications, and submissions.
   • Stay updated on Tax regulations and ensure compliance with all requirements.
5. Accounts Payable & Receivables Management:
   • Maintain strong control over accounts payable and receivable transactions and ensure accurate recording.
   • Send monthly Statements of Account (SOA) to customers and follow up for timely recovery of receivables.
6. Audit Support:
   • Prepare schedules and information required for interim and annual audits.
   • Assist auditors during audit procedures and address any queries or requests.

Desired Experience

An ideal business analyst should have 3 to 7 years of experience in business analysis role. This role requires strong analytical skills, financial acumen, and the ability to collaborate effectively with various teams to drive business success.

Key Relationships

Manager - Finance & Accounts, Head - Data, Data scientist, business analysts etc.