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Business Analyst

Bucharest, București - Explore location Business & Consumer Insights & Analytics Full Time

Job description

WHAT YOU'LL NEED TO HAVE

As a Business Analyst, you will create enhance customer value, good growth and optimise long term business performance for IKEA Retail, by enabling better business decisions, securing efficiency, and leading in accordance with financial and business strategies. This includes securing (financial) business performance, a safe and secure environment in compliance with laws, policies and standards and process.

PURPOSE OF JOB

By maximising the use of existing reports, and creating new reports/tools where needed, the purpose is to provide timely, relevant information and analysis to support the business navigators and other stakeholders in the organization. Through this, the function contributes to profitable growth, better decision making as well as a strengthened performance culture.
Support overall Ingka business performance that is beneficial to people & planet and protects and adds value to our assets, securing profitable growth and financial independence. By providing services, supporting a strong compliance framework, and effective governance to enable entrepreneurship and safeguard our people, customers and businesses.

Your knowledge, skills and experience include:

•Degree in Business/Finance/Economics or related field
•Proven analytical skills combined with an ability to communicate figures in an understandable and inspiring way.
•Understanding of the business/operations and its main drivers, major business changes and its consequences, scenario thinking
•Good understanding of data science, new technologies, analytics and their wide ranging application in business context.
•Good understanding of IKEA’s strategic landscape and business direction
•Good knowledge of the IKEA Concept, the IKEA Brand Identity and the IKEA culture & Values
•In-depth knowledge of IKEA business tools, processes and cycles

KEY PREVIOUS EXPERIENCES AND PROVEN SKILLS

1-3 years’ experience from a retail market / store with a good understanding of how the commercial and financial processes work
1-3 years’ experience of developing new ways of working and implementing proven solutions for efficiency purpose.
1-3 years’ experience in data analysis, developing metrics and projections based on analysis results.
Proven track record in delivering under time pressure
Computer/smart device literate, tech savvy
Fluent in English and Romanian, both written and spoken

A DAY IN YOUR LIFE WITH US

Your main responsibilities as Business Analyst are:

•Provide relevant, user-friendly business information, promoting standardised reporting and securing competence in the organisation to allow for analysis and understanding of performance and for making optimal decisions.
•Perform data analysis to identify trends, opportunities and potential risks, and present them in an understandable and actionable manner at a country level.
•Support retail business navigation partners in achieving a healthy profits and loss through key performance analysis and evaluation.
•Use the understanding of how information is applied today, to determine the future needs of reporting at store and country level.
•Be an ambassador for global business information solutions and common tools as well as the production of ad hoc reports when standard solutions are not available.
•Secure the multi-dimensional view of the business, when conducting the necessary analysis, to evaluate retail performance with the customer in focus
•Applies understanding of the goals, business priorities to follow through on commitments and achieve results in line with the IKEA vision and values
•Co-operates with team members in other and own units to accomplish common goals

ABOUT THIS WORK AREA

GROWING TOGETHER:
IKEA offers an exciting and empowering work environment in a global marketplace. And as the world’s leader at life at home, you have exceptional opportunities to grow and develop together with us.