Financial Analyst III, SAP

Job Title: Financial Analyst III

Location: Waltham, MA, 02451

Rate: Up to $69.50

Work Type: Hybrid 3/2

Contract Period: Desired Start Date: 04/28/2025 End Date: 03/30/2026

Industry: Energy Transmission and Distribution Company

Reporting to: Manager, Finance Systems

Job Overview: The Lead Analyst, Systems Maintenance will play a crucial role in supporting all areas of the financial systems, with a specific focus on the SAP ECC FICO code block, master data, and system processes. This position involves partnering with finance business partners and controllership to identify and capture system requirements, recommend solutions, and lead the development and implementation of these solutions. The Finance Systems team provides comprehensive system support, including data requests, technology upgrades, and new business functionality implementation. The Lead Analyst will assist in maintaining and enhancing the client's SAP applications, ensuring compliance with regulatory, audit, and controls frameworks.

Key Responsibilities:

• Support SAP accounting Cost Flow model and Master Data design, advising business users on the appropriate application of SAP functionality to meet their requirements.
• Capture new requests for SAP finance code block and master data changes, ensuring end-to-end GAAP / IFRS / FERC reporting and consolidation.
• Manage incident (defect) resolution, responding promptly to request tickets raised by individuals or departments.
• Provide governance and oversight for critical finance interfaces, including IDOC and batch process monitoring and resolution.
• Assist in the monthly close process, proactively identifying and correcting accounting and system process issues to ensure a smooth and timely closing cycle.
• Build strong working relationships and effective communication channels with key controllership and finance business partner constituents.
• Respond accurately and promptly to data and audit requests related to finance systems and processes.
• Support end-users in tracing transactions and resolving system or module queries, including delivering requisite training to enhance their understanding of system functionality and data flows.
• Lead system documentation and review compliance requirements to assist with audits, rate cases, and regulatory IR/DRs.
• Develop system process flows and controls, focusing on continuous improvement and refinement of current practices to industry best practices and SAP standards.
• Partner with finance users and cross-departmental teams to evaluate system enhancements and maintenance for controls and process compliance.
• Collaborate with global reporting, accounting operations teams, business users, and key finance members on new requests for SAP process or design changes, ensuring system configurations and enhancements meet compliance standards and mitigate control risks.
• Assist the R2R, EBS, Finance, and IT leadership teams with implementations of finance technology projects.
• Lead third-party consultants and contractors, advising managers and senior leadership as necessary.
• Develop familiarity with electric and gas utility accounting and finance requirements around internal management reporting, external financial reporting, and regulatory reporting to continually improve system support.

Qualifications:

• Bachelor’s Degree required; Master’s Degree preferred.
• 10 years of experience in MIS, IT, or Finance with increasing responsibility and oversight in Financial Systems.
• Experience working with large ERP, accounting/finance systems, SAP ECC, S/4 HANA.
• Technical and functional proficiency in finance and accounting processes, transactions, modules, and terminology.
• Strong hands-on knowledge of standard office productivity tools (MS Office components).
• Strong problem-solving skills and experience reviewing and resolving data discrepancies.
• Effective collaboration, partnership, communication, and project management capabilities.
• Basic understanding of Relational Database Management Systems and related data management concepts.
• Basic understanding of US GAAP, IFRS, FERC, Sarbanes-Oxley, and SEC regulations.
• Basic understanding of financial audit and controls, and risk mitigation processes.
• Knowledge of relevant industry best practices, standards, and regulations.

We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status

Benefit offerings include medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program, commuter benefits and 401K plan. Our program provides employees the flexibility to choose the type of coverage that meets their individual needs. Available paid leave may include Paid Sick Leave, where required by law; any other paid leave required by Federal, State, or local law; and Holiday pay upon meeting eligibility criteria.