Algonaut Capital Corporation
Calgary , AB
A Business Analyst-New Ventures is a professional who plays a critical role in identifying, evaluating, and implementing new business opportunities for an organization. This job position combines the skills of a business analyst with a focus on exploring and analyzing potential new ventures or business initiatives
Role and Responsibilities:
- Identify and Evaluate Opportunities: Research and identify potential new business opportunities, emerging markets, and trends. Conduct thorough market analysis, competitor research, and feasibility studies to assess the viability and potential success of new ventures.
- Business Case Development: Develop comprehensive business cases for new ventures, outlining the strategic rationale, financial projections, risk assessments, and implementation plans. Collaborate with cross-functional teams to gather necessary data and insights.
- Financial Analysis: Perform financial analysis, including cost-benefit analysis, ROI calculations, and financial modeling, to assess the financial viability and potential profitability of new ventures. Provide recommendations based on financial insights.
- Market Research and Analysis: Conduct in-depth market research to understand customer needs, preferences, and market dynamics. Analyze market trends, customer behavior, and competitive landscapes to inform decision-making and strategic planning.
- Stakeholder Management: Collaborate with various stakeholders, including senior management, department heads, and external partners or vendors. Effectively communicate findings, recommendations, and progress updates to stakeholders at different levels of the organization.
- Project Management: Support the implementation of new ventures by coordinating project activities, monitoring progress, and ensuring timely execution. Collaborate with project teams, track milestones, and identify and mitigate risks and issues.
- Continuous Improvement: Monitor and evaluate the performance of new ventures post-implementation. Identify areas for improvement, analyze data and metrics, and recommend strategies to optimize operations and enhance business outcomes.
- Industry and Market Knowledge: Stay up-to-date with industry trends, technological advancements, and market dynamics relevant to the organization's business. Share insights and provide recommendations on potential opportunities or threats.
Qualifications and Skills:
- Bachelor's degree in Business Administration, Economics, Finance, or a related field. A Master's degree is often preferred.
- Proven experience as a Business Analyst or in a similar analytical role.
- Strong analytical skills with the ability to interpret complex data and make data-driven decisions.
- Proficiency in financial analysis, including financial modeling and valuation techniques.
- Excellent research and market analysis skills.
- Strong project management and organizational skills.
- Excellent communication and presentation skills, with the ability to effectively convey complex ideas to diverse audiences.
- Strong stakeholder management and collaboration skills.
- Strategic thinking and problem-solving abilities.
- Knowledge of emerging technologies, market trends, and industry dynamics.
- Familiarity with business development processes and methodologies.
If you have the skills and experience required for this position, please forward your resume to: