- 29/05/2024
- By Mushaheeda
- 363
- Blog, Jobs
Deal Desk Analyst in Cognizant 2024 | Apply right now
Role: Deal Desk Analyst
Experience: 1 – 5 years
Salary: Not Disclosed
Location: Hyderabad
Company: Cognizant
About Cognizant Company
- Cognizant (Nasdaq: CTSH) engineers modern agencies. We help our customers modernize the era, reimagine strategies, and transform reviews so that they can live beforehand in our changing global. Together, we’re improving everyday existence.
- Core Competencies
- Prior experience as SME/Process professional with minimal 1 Year as Deal desk analyst experience.
- Know-how in MS Excel- Intermediate degree.
- Ok to paintings in 24/7 paintings surroundings (premier in night shift). Flexible to extend the shift hours all through Peak and Non-Peak seasons
- Exceptional English verbal exchange competencies and also neighborhood/ foreign language based totally on the requirement.
- Good enjoy in MS Office packages like Excel, Word, Power factor, Outlook, and so on
- Ability to paintings with minimal supervision
- Quick getting to know and information of Policies
- Ability to multi-assignment and work autonomously within crew environment
Deal Desk Analyst Description
A Deal Desk Analyst is an expert who helps the income and finance groups by coping with and optimizing the deal method. This function entails evaluating, structuring, and approving sales offers to make certain they align with the organization’s financial and strategic targets. The Deal Desk Analyst performs a critical position in facilitating easy income operations, maximizing sales, and making sure compliance with pricing and discount rules.
Deal Desk Analyst Role & Responsibilities
- Excellent teamwork and communication skills, familiarity with agile improvement methodologies
- Strong analytical and trouble-fixing talents
- Able to adapt fast in swiftly converting surroundings with the aid of staying abreast with all the guidelines adjustments
- Responsible for retraining & refresher primarily based on the business requirement. Communicate decisions for deal requests with inner employees and outside partners
- Ensure queries are addressed by required challenge compliance requirements. This includes and isn’t constrained to ensuring approvals, reconciliation, and retention of necessary proof.
- Will be accountable for auditing and providing significant insights to discover understanding gaps and schooling possibilities.
- To provide inputs for technique improvements based on job tendencies and provide ground help
- Ensure that reviews are insightful and include statements on key moves and watch items. Proactively look for developments and drivers and offer analytical inputs to customers
Deal Desk Analyst Responsibilities
Deal Structuring and Pricing
- Review and analyze sales offers to make certain they meet company rules and profitability targets.
- Provide pricing steering and shape offers to maximize sales and margin.
- Collaborate with income teams to create custom-designed pricing and discount strategies for massive or complex offers.
Approval and Compliance
- Ensure offers follow internal regulations, felony requirements, and financial tips.
- Obtain necessary approvals from finance, prison, and govt groups for non-popular offers.
- Maintain documentation and information of all authorized offers.
Sales Support
- Act as a factor of contact for income teams, offering help and steerage at some stage in the deal manner.
- Assist in making ready and reviewing contracts, prices, and proposals.
- Identify and resolve troubles that would put off deal closure or affect deal high-quality.
Analysis and Reporting
- Analyze deal trends and performance to perceive opportunities for improvement.
- Provide ordinary reports and insights on deal metrics, along with win quotes, cycle times, and discount levels.
- Develop and hold dashboards to tune key overall performance indicators (KPIs).
Process Improvement
- Identify inefficiencies inside the deal method and endorse enhancements.
- Develop and enforce satisfactory practices and popular running approaches (SOPs) for deal control.
- Train and teach income groups on deal table tactics and gear.
Skills and Qualifications
Analytical Skills
- Strong analytical and problem-solving abilities.
- Proficiency in reading economic data and income metrics.
Communication Skills
- Excellent verbal and written conversation abilities.
- Ability to truly bring complicated statistics to various stakeholders.
Technical Skills
- Proficiency in using CRM software (e.g., Salesforce) and deal control tools.
- Advanced skills in Microsoft Excel or Google Sheets for economic analysis and reporting.
- Familiarity with agreement management and pricing tools.
Attention to Detail
- High level of accuracy and interest in detail in reviewing deals and contracts.
- Ability to identify and mitigate risks associated with sales deals.
Organizational Skills
- Strong organizational and multitasking abilities.
- Ability to manage multiple offers and priorities simultaneously.
Educational Background
- A degree in Finance, Business Administration, Economics, or an associated discipline is commonly required.
- Relevant certifications (e.g., Certified Pricing Professional, Salesforce Administrator) may be superb.
Typical Work Environment
- Deal Desk Analysts usually paintings in environments that include:
- Technology Companies: Supporting income of software programs, hardware, and offerings.
- Financial Services: Managing deals for financial services and products.
- Healthcare: Structuring offers for scientific devices, prescription drugs, and healthcare offerings.
- Retail: Supporting B2B income and partnerships.
- Consulting Firms: Managing consulting and expert service agreements.
Career Path
- A Deal Desk Analyst can develop to greater senior roles inside income operations, finance, or strategic making plans, along with:
- Senior Deal Desk Analyst
- Sales Operations Manager
- Pricing Manager
- Finance Manager
Director of Sales Operations
This function is critical for making sure that sales deals are structured effectively, aligned with enterprise targets, and done smoothly, in the long run contributing to the organization’s financial fitness and operational efficiency.
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