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Business Analyst

Richmond, VA | Full Time
Expired

Job Description

The Business Analyst (BA) will serve as the subject matter expert for Business Intelligence and Data & Analytics Services within the Business Initiatives team.  As a member of the Business Initiatives team, the individual will focus on maximizing impact, growth and profitability by (i) creating financial analysis to identify opportunities and support sale of Phlow’s products and services; (ii) working closely with the team to guide portfolio funnel development; (iii) building financial models to drive strategic and planning  processes (iv) managing data and databases to support decision making, including third-party competitive intelligence resources and (v) evaluating new business development opportunities.

Essential Job Duties & Responsibilities

  • Pharmaceutical product (API and FDP) funnel development: Develop business case evaluations for new product considerations. Includes data analysis related to market and comparable product performance as well as product characteristic information gathering and analysis, competitive analysis, prospective business development partner analysis, and customer analysis. Develop insights and recommendations, and then summarize / present extensive information within concise executive summaries.
  • Support contract development and manufacturing business:  Maintain customer segmentation master database of small molecules in development; conduct ad hoc competitive intelligence of in-market services and pricing.
  • Customer and market forecasting and scenario analysis: Utilize data sources as well as qualitative inputs to develop demand forecasts. Incorporates sensitivity analysis to develop different scenarios based on key assumption levers.
  • Pricing & Margin Analysis: Support product pricing determinations through product and operations financial analysis. Includes views of direct and indirect expenses, gross margins, contribution margins, and return on investment metrics.
  • Financial Modeling: Develops financial models for both shared services, as well as operations, commercial initiatives, and government initiatives to support business decisions.
  • Market & Industry Research: Utilizes data sources to perform deep industry research, advising leadership on current market and product trends. Focuses on the current state as well as future developments.
  • Detailed Strategic Planning: Develops strategic framework for profitability analysis for various product lines. Supports annual planning and business reviews.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Experience & Qualifications

  • 2 years of prior business and financial analysis experience (ideally includes experience in portfolio and market analysis)
  • Pharmaceutical or other healthcare product experience preferred. Knowledge of the US generics pharmaceutical industry with a high-level understanding of US generics regulatory process such as DMF and ANDA approvals is ideal.
  • Strong written, communication, and presentation skills. Well versed in PowerPoint and able to develop and present executive-level presentations. Support decision making; excellence in translating data into a story (from Excel to PowerPoint)
  • Analytical thinking and problem solving. Able to derive insights / conclusions from data and willing to make recommendations
  • Experience developing financial models and business forecasts. Scenario modeling with financial forecasting
  • Excellent PowerPoint, Excel, Word skills
  • Proficient using SQL and Python
  • Fundamental understanding of analytical and statistical methods used to make data-informed business decisions
  • Data management and data extraction / manipulation skills. Experience with third party data systems (Symphony, IQVIA, Cortellis, PriceRX experience a plus)
  • Experience conducting product, market and customer analysis. Must be comfortable with diverse range (ex: API, FDP, contract development services, multiple markets and customer bases)
  • Scenario modeling with financial forecasting
  • Ability to create presentations and story telling

Education & Certifications

  • A minimum of bachelor’s degree is required, preferably in Finance, Accounting or Marketing. Graduate degree in data analytics or MBA is preferred.

Company Overview

  • Website
  • Headquarters CAPITOL, VA
  • Size <25
  • Founded 2020
  • Type
  • CEO ERIC EDWARDS
  • Revenue <$5M
  • Industry Pharmaceuticals
  • About phlow corp.

Skills for Business Analyst

The job skills required for Business Analyst include Analysis, SQL, Insight, Business Intelligence, Data Analysis,and Leadership etc. Having related job skills and expertise will give you an advantage when applying to be a Business Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Business Analyst. Select any job title you are interested in and start to search job requirements.

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Career Path for Business Analyst

The following is the career advancement route for Business Analyst positions, which can be used as a reference in future career path planning. As a Business Analyst, it can be promoted into senior positions as a Business Data Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Business Analyst. You can explore the career advancement for a Business Analyst below and select your interested title to get hiring information.

How to Become a Business Analyst

If you are interested in becoming a Business Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Business Analyst for your reference.

Step 1 Understand the job description and responsibilities of a Business Analyst

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