Key Responsibilities and Required Skills for Feasibility Analyst
💰 $75,000 - $115,000
🎯 Role Definition
As a Feasibility Analyst, you are the strategic cornerstone of our growth initiatives. You will be responsible for meticulously evaluating the viability of proposed projects, from initial concept to full-scale business case. By blending rigorous financial analysis, deep market research, and sharp commercial acumen, you will provide the critical insights and data-driven recommendations that guide our executive decision-making and shape the future direction of our company. This role is perfect for a detail-oriented analyst who thrives on transforming complex data into clear, actionable strategies.
📈 Career Progression
Typical Career Path
Entry Point From:
- Financial Analyst
- Business Analyst
- Market Research Analyst
Advancement To:
- Senior Feasibility Analyst
- Strategy Manager
- Project Manager
Lateral Moves:
- Corporate Development Analyst
- Business Intelligence Analyst
Core Responsibilities
Primary Functions
- Conduct comprehensive, end-to-end feasibility studies for new business initiatives, product launches, and capital investment projects to determine their potential for success.
- Develop sophisticated and dynamic financial models to forecast revenue, calculate Return on Investment (ROI), Net Present Value (NPV), Internal Rate of Return (IRR), and payback periods for proposed ventures.
- Perform in-depth market analysis, including market sizing, trend identification, and competitive landscape assessment, to validate market demand and strategic fit.
- Execute detailed risk assessments, identifying and quantifying potential financial, operational, technical, legal, and reputational risks, and proposing robust mitigation strategies.
- Author and prepare comprehensive business cases and feasibility reports, synthesizing complex information into clear, compelling narratives for senior leadership and key stakeholders.
- Collaborate with cross-functional teams including engineering, marketing, sales, finance, and legal to gather necessary data and assumptions for analysis.
- Present analytical findings, strategic recommendations, and project justifications directly to executive management and investment committees in a clear and persuasive manner.
- Analyze and interpret large, complex datasets from disparate sources to identify underlying trends, patterns, and insights that inform project viability.
- Evaluate the operational feasibility of proposed projects by assessing resource requirements, technological capabilities, and potential integration challenges with existing systems.
- Conduct due diligence for potential mergers, acquisitions, or strategic partnerships by evaluating the target's financial health, market position, and operational synergies.
- Define and document the scope, goals, deliverables, resource requirements, and timelines for potential projects as part of the initial assessment phase.
- Create and manage pro-forma financial statements, including income statements, balance sheets, and cash flow statements, for new business concepts.
- Monitor and track key external factors such as economic indicators, regulatory changes, and shifts in consumer behavior that could impact the feasibility of ongoing and future projects.
- Develop and maintain a standardized framework and set of tools for conducting feasibility analyses to ensure consistency and quality across the organization.
- Provide objective, data-driven recommendations on whether to proceed, pivot, or terminate proposed projects based on the comprehensive analysis.
- Assess the feasibility of potential real estate development or expansion projects, including site selection analysis, zoning review, and entitlement risk evaluation.
- Perform sensitivity and scenario analysis to understand how different variables and market conditions could impact project outcomes and profitability.
- Establish key performance indicators (KPIs) and metrics to measure the success of approved projects against the original feasibility assumptions post-implementation.
- Stay abreast of industry best practices, emerging analytical techniques, and new technologies related to financial modeling and feasibility assessment.
- Support the strategic planning process by providing data and analysis to help identify and prioritize the most promising growth opportunities for the company.
- Translate high-level business questions into detailed analytical plans, ensuring that the final analysis directly addresses the core strategic considerations.
Secondary Functions
- Support ad-hoc data requests and exploratory data analysis to answer pressing business questions from leadership.
- Contribute to the organization's data strategy and roadmap by identifying new data sources and analytical opportunities.
- Collaborate with business units to translate their strategic data needs into technical requirements for the data engineering team.
- Participate in sprint planning and agile ceremonies within the broader data and analytics team to ensure alignment and progress.
Required Skills & Competencies
Hard Skills (Technical)
- Financial Modeling: Expertise in building complex, dynamic financial models from scratch, including DCF, LBO, ROI, and pro-forma statements.
- Advanced Excel: Mastery of Excel, including pivot tables, advanced formulas, macros, and data visualization tools.
- Data Analysis & Visualization: Proficiency in using tools like SQL, Python (Pandas), or R for data extraction and manipulation, and BI tools like Tableau or Power BI for creating insightful dashboards.
- Market Research: Ability to conduct primary and secondary market research, analyze competitive landscapes, and synthesize market trend data.
- Business Case Development: Proven experience in writing comprehensive, persuasive business cases and investment proposals.
- Statistical Analysis: Solid understanding of statistical concepts and methods to ensure analytical rigor and validate findings.
- Risk Assessment & Management: Competency in identifying, quantifying, and developing mitigation plans for a wide range of business risks.
- Presentation Software: Skilled in using PowerPoint or Google Slides to create compelling, executive-level presentations that tell a story with data.
Soft Skills
- Analytical & Critical Thinking: Exceptional ability to dissect complex problems, question assumptions, and draw logical, data-driven conclusions.
- Communication & Presentation Skills: Superior verbal and written communication skills, with the ability to convey complex analytical concepts to both technical and non-technical audiences.
- Stakeholder Management: Adept at building relationships and collaborating effectively with diverse teams and senior-level executives.
- Attention to Detail: Meticulous and precise in all aspects of analysis and reporting to ensure accuracy and credibility.
- Commercial Acumen: Strong business sense and an understanding of what drives profitability and strategic advantage.
- Problem-Solving: A proactive and resourceful approach to overcoming obstacles and finding creative solutions to analytical challenges.
Education & Experience
Educational Background
Minimum Education:
- Bachelor's Degree
Preferred Education:
- Master's Degree (e.g., MBA, Master's in Finance, Economics, or a related quantitative field)
Relevant Fields of Study:
- Finance / Economics
- Business Administration
- Statistics / Mathematics
- Engineering
Experience Requirements
Typical Experience Range: 3-5+ years in a highly analytical role.
Preferred: Direct experience in a dedicated feasibility analysis, corporate development, investment banking, management consulting, or strategic planning role. A proven track record of developing and presenting business cases for significant capital projects or new ventures is highly desirable.