IT Business Analyst Principal-Cummins

Troy, MI
November 23, 2024
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Average Pay*:
*average hourly rate for this position in your area
Deadline date:
$48 - $48

Job Description

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Job Title: IT Business Analyst Principal

Company: Cummins

Location: Troy, MI

Pay: $100000 per year

AI Pay Analysis: An hourly rate derived from an annual salary of $100,000 for an “IT Business Analyst Principal” translates to approximately $48.08 per hour (assuming a full-time schedule of 2080 hours). This rate falls within the competitive range for similar roles in Troy, MI, where salaries for IT Business Analysts vary based on experience and expertise but generally average between $35 to $60 per hour. With specialized skills, such as advanced data analysis, project management, or expertise in specific IT frameworks, candidates can command higher salaries. Overall, this compensation aligns well with industry standards for experienced IT Business Analysts in the region, particularly for a principal-level position, suggesting that it’s a competitive offer for this role.

Job description:

We are seeking a skilled Principal IT Business Analyst to join our Systems/Information Technology team in Troy, MI. In this pivotal role, you will contribute in the following key areas:

  • Defining Business Success: Collaborate with business leaders to articulate and document the criteria for success for large or complex initiatives, ensuring alignment with the organization’s strategic goals.
  • Cross-Organizational Coordination: Participate in a team environment to manage project definitions and documentation for initiatives that entail collaboration across multiple organizations, fostering a unified approach.
  • Leading Analysts: Mentor and guide a team of analysts in eliciting, analyzing, and documenting functional requirements across various dimensions, including process, information, event, socio-political, and location aspects, to ensure thorough coverage for intricate initiatives.
  • Managing Requirements: Oversee activities related to requirements management, including the elicitation, analysis, and documentation of non-functional business requirements, ensuring alignment with business objectives.
  • Change Impact Analysis: Evaluate and communicate the implications of changes within and between organizations, ensuring stakeholder awareness and approval to minimize potential disruptions.
  • Solution Validation: Conduct assessments and validations to ensure that proposed solutions meet both functional and technical specifications, upholding high standards of quality.
  • Problem Resolution: Address complex issues and provide effective resolutions, serving as an escalation point for non-routine challenges to facilitate seamless project advancement.
  • Mentorship and Relationship Building: Establish and maintain constructive relationships with business leaders and cross-functional teams, mentoring less experienced analysts and employing Business Relationship Management practices to deliver substantial business value.

To excel in this role, candidates should possess the following competencies:

  • Balancing Stakeholders: Identify and address the diverse needs of multiple stakeholders, ensuring all interests are acknowledged.
  • Effective Communication: Craft and deliver clear, multi-faceted communications tailored to various audiences, promoting a unified understanding.
  • Managing Complexity: Navigate and simplify complex, high-volume, and sometimes contradictory information to resolve issues effectively.
  • Optimizing Work Processes: Recognize and implement efficient processes to enhance productivity, with a focus on continuous improvement.
  • Organizational Savvy: Navigate the intricacies of policies, processes, and interpersonal dynamics within the organization with ease.
  • Strategic Mindset: Envision future possibilities and translate them into innovative strategies that propel organizational growth.
  • Business Analysis Planning: Strategically plan and identify the necessary activities for business analysis, considering the five business aspects, detail levels, and approaches for requirements elicitation.
  • Requirements Analysis: Assess interdependencies among requirements to establish feasibility and prioritize them according to complexity and business value.
  • Solution Design: Develop solution designs that fulfill business, technical, security, governance, and compliance criteria, leveraging industry standards and tools.
  • Solution Functional Fit Analysis: Analyze systems by decomposing them into components to evaluate their interactions in meeting varied requirements.
  • Problem Solving: Employ systematic analysis to resolve issues, mentor others in effective problem-solving techniques, and implement robust, data-driven solutions to prevent recurrence.
  • Valuing Differences: Acknowledge and celebrate the diverse perspectives and cultural backgrounds that enhance the organization.
  • Business Need Definition: Clearly articulate the business outcomes associated with proposed initiatives, using the Business Analysis Toolkit to substantiate resource investments.

Education, Licenses, Certifications:

  • A degree in Computer Science, Information Technology, Business, or a related field, or an equivalent level of experience is required.
  • This position may necessitate licensing to comply with export controls or sanctions regulations.

Experience:

  • A minimum of 5-7 years of substantial relevant experience is required.

Qualifications:

  • 5-7 years of experience with Oracle Applications R12 Financial modules.
  • Familiarity with downstream modules such as Order Management and Inventory is preferred.
  • Experience with EDI is advantageous.
  • 4-6 years of project management experience with familiarity in project planning and management tools, as well as knowledge of project management principles.
  • Comprehensive understanding of Finance business processes in a global finance context, with practical working experience preferred.
  • Proficiency in SQL queries is preferred.
  • Proven ability to manage multiple, competing, high-priority projects with varying deadlines effectively.

Job Posting Date: Sat, 23 Nov 2024 05:15:00 GMT

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