Business Analyst

Apparel Group; United Arab Emirates; On-site; AED 120,000 - 200,000; Full time

Job summary

A retail conglomerate is seeking a Business Analyst to analyze financial data, identify trends, and optimize business strategies. The candidate will support decision-making through financial intelligence and assist in key reports and presentations. Responsibilities include bookkeeping, preparing management reports, variance analysis, VAT compliance, receivables management, and audit support. Ideal candidates will have 3 to 7 years of experience and strong financial acumen.

Qualifications

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

Responsibilities

• Conduct thorough bookkeeping for accurate financial transactions.
• Prepare monthly and quarterly Management Information System (MIS) reports.
• Perform variance analysis comparing actual vs budgeted performance.
• Manage VAT compliance activities and ensure all tax regulations are met.
• Maintain control over accounts payable and receivable transactions.
• Assist with audit procedures and prepare necessary schedules.

Skills

Analytical skills

Financial acumen

Collaboration

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 RESPONSIBILITY

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.