Demo

Finance Business Analyst

Open Systems Technologies
Jersey, NJ Contractor
POSTED ON 4/4/2025
AVAILABLE BEFORE 5/4/2025

The role resides within FCOO's Finance Implementation Projects (FIP) Business Line team that works on a wide range of projects simultaneously arising from business, regulatory changes, and strategic initiatives. The team is also responsible for the reengineering efforts of existing applications to improve functionality and efficiencies. The team also provides first line user support through training, research and responding to general queries.



Candidate Success Factors:

Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

• Results and Impact

o Able to influence peers and team.

o Demonstrates good judgement when making decisions of high complexity and impact.

o Exercise appropriate autonomy in the execution and delivery of work.

o Responsible for driving outcomes, which have meaningful effect on team or department.

• Leadership and Collaboration:

o Creates trust with colleagues.

o Acts in leadership capacity for projects, processes, or programs.

• Client, Customer and Stakeholder Focus:

o Able to build relationships with a mix of colleagues and clients.

o Interacts regularly with management and department leaders.

o Demonstrates the ability to influence stakeholders at the team level.

• Compliance Culture and Conduct:

o Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.

o Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.


Responsibilities:

The PM / BA has broad-based responsibilities for the functional design, business line specification and deployment of Finance Systems and Process changes initiatives at both an Americas Legal Entity and IHC level. The candidate will work as a team member of projects. General responsibilities include:

• Participate in project planning and cost estimates devising strategic and well-thought-out solutions to business initiatives.

• Ability to communicate effectively in geographically dispersed cross-functional teams.

• Generate, analyse, and document user requirements and business processes for IT development (BRD).

• Undertake data assessment, data gap analysis and remediation.

• Implement operational accounting schemas throughout product lifecycle.

• Plan and manage user acceptance and migration testing up to successful delivery of end-product or remediation solution.

• Ensure proper and adequate aftercare and follow-up to remediate any unforeseen issues.

• Manage issues and escalate effectively.

• Ensure on-time quality delivery of projects and tasks assigned.

• Liaise and coordinate cross-functionally to review requirements with stakeholders to enable design and development in liaison with IT, coordinate testing, support go-live, and provide long term support for operational readiness, governance, controls, and aftercare.

• Facilitate working group meetings with effective presentation materials and documentation; prepare agendas, document-meeting outcomes and communicate to stakeholders and management.

• Support enhancement efforts of the overall control environment, including upstream processes and controls.


Specific responsibilities for the Finance Implementation Project PM / BA role:

• Track timelines and budget, report weekly updates, lead, and participate in OpCo/SteerCo meetings

• Work closely with Finance Strategy group for current and upcoming new transactions or activities

• Acts as the contact person within the project teams and for the business line in relation to data and functional aspects and document and validate BRD updates accordingly.

• Excellent PowerPoint and Excel skills to allow for analysis, summary, and presentation to working group and management as needed.

• Ensure appropriate coverage to anticipate and enable resolution for any unforeseen or blocking issues with appropriate escalation.

• Ensures proper change management controls, rules, and responsibilities as required.


Minimum Required Qualifications:

• PMP or Finance University Degree.

• 7 to 10 years of work experience in the field of accounting and / or accounting systems (i.e. upstream to general ledger and downstream) and implementation in the financial services industry.

• Strong technical accounting background in the financial services industry (Ex: Corporate and Investment Bank, Prime and Hedge Fund Services, Investment Management, etc.)

• Experience must include business analysis, application testing and project management skills including Microsoft Office, SQL preferred.

• Excellent written and oral communication skills.

• Ability to understand complex financial products and system architectures, including accounting business processes, financial, and management reporting (IAS and US GAAP), month-end closing process, regulatory reporting, entity consolidations and multi-currency accounting.

• Experience working with accounting and reporting of complex financial products (Ex: Derivatives, Forex, Equities, Fixed Income, Treasury, Loan Syndication, Supply Chain, Trade Finance, etc.) with deep understanding of product lifecycles and associated accounting events.

• Detail-oriented approach with problem solving mind-set and ability to work independently.

• Ability to effectively challenge and apply professional skepticism with the goal of providing strategic solutions.

• Excellent written and oral communication skills, with the ability to explain complex issues clearly and concisely to audiences of varying technical or accounting levels.


Preferred Qualifications:

• CFA or experience in financial products preferred.

• Knowledge of accounting standards - IFRS and/or US GAAP are of interest.

• Experience working with IT in product implementations of financial systems

• Experience in Project Management, Business Analysis (Accounting and Reporting) and Application Testing (accounting interpreter, sub ledger, general ledger, and reporting tools) in financial services industry.

• Fluency in one of more of these languages preferred: French, Spanish and/or Portuguese.

• Knowledge of emerging solutions and analytic tools preferred, e.g., robotics, Alteryx, BI

Salary : $70

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