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Business Analyst

Company Description

About ApprovalMax

ApprovalMax is award-winning B2B software used by businesses around the world to approve bills and expenses. It streamlines the approval process for decision-makers by replacing paper and email approvals with automated workflows. ApprovalMax integrates with platforms such as Xero, QuickBooks Online, and Oracle NetSuite to unlock powerful efficiencies for approvers and finance teams. The company is globally recognized and has won’ Xero App Partner of the Year’ four times since 2020 in different countries.

 

Job Description

In the supporting role аs a Business Analyst within the Revenue Operations team, you will play a crucial role in driving revenue growth and optimizing internal processes across various departments. 

Reporting directly to the Revenue Operations Manager, you will collaborate closely with the System Administrator (CRM & HubSpot) and gather input from key stakeholders in marketing, sales, customer success, operations, finance, and customer support teams. 

Your primary responsibility will be to proactively analyze ongoing and historical Revenue and Marketing data, and the associated business processes within these teams to derive insights and conclusions. Your findings will inform operations initiatives and projects designed to drive revenue growth and enable efficient internal operations.

Key Responsibilities:

Data Analysis:

  • Conduct a thorough analysis of data from various sources, including CRM systems, sales, and marketing automation platforms, and other relevant databases.
  • Identify trends, patterns, and anomalies to uncover insights related to revenue generation, customer behavior, and operational efficiency.
  • Utilise statistical techniques and data visualization tools to present findings clearly, succinctly, and promptly.

Process Analysis:

  • Analyse existing business processes across marketing, sales, customer success, operations, and customer support teams.
  • Identify bottlenecks, inefficiencies, and areas for improvement in these processes. 
  • Collaborate with stakeholders to understand process improvement requirements and propose solutions for streamlining and enhancing productivity via automation.

Cross-Functional Collaboration:

  • Proactively facilitate cross-functional work to propose projects, discuss findings, share recommendations, and align action plans.
  • Work closely with the Revenue Operations Manager, System Administrator, and key stakeholders from different departments to gather input and insights.

Insights and Recommendations:

  • Translate data analysis into actionable insights and recommendations for driving revenue growth and operational excellence.
  • Prepare reports, presentations, and dashboards to communicate findings and recommendations to senior leadership and relevant stakeholders.
  • Monitor and track the implementation of recommended changes to measure the impact on key performance metrics.

Continuous Improvement:

  • Stay informed about industry best practices, emerging trends, and technological advancements in revenue operations and business analysis.
  • Identify opportunities for process improvement and contribute to the development of scalable solutions.
  • Proactively manage fields in CRM and integrated systems to improve data integrity, propose improvements to assessing customer-facing work, and design business processes that can be measured and managed. 

Qualifications

  • Bachelor's degree in Business Administration, Economics, Finance, Marketing, or a related field.
  • Proven experience as a Business Analyst or similar role, preferably in a SaaS or consulting environment.
  • Experience working with sales and marketing data, understanding their metrics, KPIs, processes, and functionalities to derive insights and drive revenue growth effectively.
  • Strong analytical skills with the ability to interpret complex data sets and draw actionable insights.
  • Proficiency in data analysis tools and software, such as Excel, SQL, Tableau, Power BI, or native reporting in CRM/Marketing automation tools.
  • Experience with CRM and marketing automation systems (e.g., Salesforce, HubSpot, Zoho). 
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams and influence decision-making.
  • Detail-oriented mindset with a focus on continuous improvement and problem-solving.

 

This role offers an exciting opportunity to drive strategic initiatives and make a meaningful impact on revenue growth and operational efficiency within our organization. If you are a proactive and analytical individual with a passion for data-driven decision-making, we encourage you to apply.

Additional Information

What we offer:

  • Regular performance-based compensation reviews;
  • 100% paid 20 business vacation days;
  • 100% paid 10 sick leave days;
  • Flexible hours;
  • Remote work;
  • Health & Wellness program - a bonus payment, which will cover 50% up to a total of 500 Euro annually of the amount spent on the following activities: medical services (except regular health insurance), fitness, sports activities (excluding sports equipment), stress management, body massage, weight management, yoga, traveling, etc.
  • Reimbursement of co-working space;
  • Reimbursement of professional development courses;
  • Service years recognition financial reward;

Average salary estimate

$50000 / YEARLY (est.)
min
max
$40000K
$60000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Business Analyst, ApprovalMax Limited

At ApprovalMax, we’re on the lookout for a passionate Business Analyst to join our dynamic Revenue Operations team in Belgrade, Serbia. As an award-winning B2B software company, ApprovalMax is dedicated to streamlining the approval process for businesses globally. In this role, you'll play a vital part in driving revenue growth and optimizing our internal processes across departments. Reporting directly to the Revenue Operations Manager, you’ll collaborate closely with the System Administrator and key stakeholders from various teams, including marketing, sales, and customer support. Your main responsibility will be to analyze ongoing and historical data, drawing insights that will help inform new operational initiatives. You will conduct detailed data analysis using tools like Excel and SQL, presenting your findings using data visualization methods that make complex information understandable to our teams. You’ll also continuously evaluate existing business processes to identify bottlenecks and areas for improvement. Your recommendations will play a significant role in enhancing our productivity and driving forward our revenue goals. We're excited for a candidate who is proactive, detail-oriented, and shares our passion for data-driven decision-making. If this sounds like you, come join us at ApprovalMax, where you can make a meaningful impact on our organizational success while enjoying perks like flexible hours, remote work, and extensive health and wellness programs.

Frequently Asked Questions (FAQs) for Business Analyst Role at ApprovalMax Limited
What are the key responsibilities of a Business Analyst at ApprovalMax?

As a Business Analyst at ApprovalMax, your key responsibilities will include conducting thorough data analysis from various sources, identifying trends and anomalies, analyzing existing business processes to find inefficiencies, and collaborating with cross-functional teams. You’ll also be responsible for translating data insights into actionable recommendations that will enhance revenue growth and operational excellence.

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What qualifications are required for the Business Analyst position at ApprovalMax?

The ideal candidate for the Business Analyst role at ApprovalMax should hold a Bachelor's degree in Business Administration, Economics, or a related field, and possess proven experience in a similar role, ideally within a SaaS or consulting environment. Strong analytical skills, proficiency in data analysis tools, and experience with CRM and marketing automation systems are also key requirements for success in this role.

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How does a Business Analyst contribute to revenue growth at ApprovalMax?

At ApprovalMax, a Business Analyst contributes to revenue growth by harnessing data analysis to uncover insights related to customer behavior and operational efficiency. By identifying trends and proposing improvements, you will facilitate strategic decision-making and help drive initiatives that enhance revenue generation across the organization.

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What tools and software should a Business Analyst at ApprovalMax be familiar with?

A successful Business Analyst at ApprovalMax should be proficient in data analysis tools such as Excel, SQL, Tableau, or Power BI, as well as have experience in using CRM and marketing automation systems, like Salesforce and HubSpot. Familiarity with these tools will enable better analysis and communication of insights.

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What opportunities for professional development does ApprovalMax offer to Business Analysts?

ApprovalMax is committed to your growth and offers reimbursement for professional development courses. Additionally, you will have access to a robust health & wellness program that provides financial assistance for various activities, ensuring you can continuously improve both professionally and personally.

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Common Interview Questions for Business Analyst
Can you describe your experience with data analysis tools in the context of your role as a Business Analyst?

To effectively answer this question, share specific tools you’ve used, like Excel or Tableau, and provide examples of how you utilized these tools to interpret data. Discuss the decisions driven by your analysis and any improvements made as a result.

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How do you approach process analysis and improvement in your projects?

When addressing this question, outline your step-by-step approach to analyzing processes, identifying inefficiencies, and collaborating with stakeholders to develop solutions. Highlight specific projects where you successfully implemented these steps.

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What metrics do you consider most important when analyzing marketing and sales data?

In your response, focus on metrics that align with revenue growth such as customer acquisition cost, conversion rates, and customer lifetime value. Explain how you would use these metrics to inform strategic initiatives.

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Can you give an example of a recommendation you made that positively impacted revenue growth?

Prepare a concrete example from your past experience where a recommendation led to measurable revenue growth. Detail the steps taken, the analysis performed, and the outcomes achieved, ensuring you convey the value of your insights.

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How do you ensure effective communication of your findings to non-technical stakeholders?

For this question, emphasize your skills in translating complex data into simple, actionable insights. Provide examples of reports or dashboards you’ve created, and discuss how you tailored your communication style based on your audience's understanding.

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What challenges have you faced as a Business Analyst, and how did you overcome them?

Share a specific challenge you encountered, whether it be industry-related, technical, or communication-based. Discuss your resolution strategies, emphasizing problem-solving and collaboration, showing your ability to thrive under pressure.

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What strategies do you use to stay updated on industry trends and best practices?

In your answer, mention specific resources such as blogs, webinars, or professional organizations you follow. Highlight your commitment to continuous learning and how it informs your work as a Business Analyst.

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How do you handle conflicting priorities and tight deadlines?

Demonstrate your time management and prioritization skills by discussing techniques like creating a priority matrix, using project management software, or coordinating with your team to ensure deadlines are met while maintaining quality work.

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Describe a time when you had to collaborate with a difficult team member. How did you handle it?

To tackle this question, recount a specific scenario, focusing on your patience, communication, and problem-solving skills. Emphasize how you worked together to achieve a common goal and what you learned from the experience.

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What do you believe is the most critical skill for a Business Analyst at ApprovalMax?

In discussing the most critical skill, emphasize analytical thinking and problem-solving abilities. Argue how these skills empower you to extract actionable insights from data, enabling the business to make informed and strategic decisions.

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ApprovalMax enables us - in the simplest way possible - to create a complex approval matrix wherein we define roles, business rules, and routing workflows, while being intuitive and easy to use. We now have the ability to track the approval status...

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Full-time, remote
DATE POSTED
December 12, 2024

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