Financial Systems Analyst

Job RequirementsRole/ Job Title – Financial System AnalystFunction/ Business Unit – FinanceJob PurposeResponsible for applying a thorough knowledge of department accounting functions to implement, integrate, troubleshoot and maintain the Bank’s financial enterprise software system and workflow, which includes processes and systems that support accounts payable, accounts receivable, accounting, bank reconciliation, budget tracking, fixed assets, general ledger, purchase requisitions, project tracking, related reporting, document tracking, and approvals. Partners with IT and key staff from other Departments for planning, implementation, and maintenance efforts related to the financial enterprise software system. Works closely with customers, vendors, management and technical staff to analyse, document and identify business and technical solutions to business problems and needs. Works with stakeholders to identify process / workflow gaps and generates automatic processes and reports from the financial system. Supports and/or develops financial reports; assists in analysing financial reporting requirements. Identifies and designs process improvements in relationship to financial systems, and related workflow processes and approvals. Trains existing and new staff from all departments on financial systems.ResponsibilitiesRoles & Responsibilities: Lead initiatives to enhance financial systems efficiency, particularly within Oracle EBS, through configuration, customization, and integration. Partner with IT teams to ensure seamless integration and functionality of financial systems with other enterprise systems. Facilitate setup and configuration of Oracle and other systems, ensuring alignment with business requirements and best practices. Act as a liaison between the organization and external vendors/OEMs to implement, troubleshoot, and optimize financial systems solutions. Provide expertise in issue resolution and problem-solving related to financial systems, addressing complex technical and functional challenges. Document system configurations, processes, and procedures to maintain an organized and accessible knowledge base. Collaborate with the Tax team to understand requirements and implement automated solutions for taxation processes within the banking sector. Collaborate with Accounts Payable team to streamline payment processes and ensure accuracy and compliance. Serves as business lead and subject matter expert in department business processes for the implementation of new or revised financial enterprise software system, processes and related systems and procedures. Provides project leadership, configuration management, testing, and support for assigned financial subsystems. Develops implementation, maintenance, and communication plans. Drafts or revises related policies and procedures. Performs lead responsibilities on an on-going basis for assigned financial subsystems, including annual project improvements and maintenance. Recommends process/customer service improvements, innovative solutions, policy changes and/or major variations from established policy that must be approved by appropriate leadership prior to implementation. Serves as a key liaison with employees in other departments, third parties, and other stakeholders. Uses project management skills in managing assigned projects. May provide overall project management and business analysis for a given financial initiative. Assists in identifying and defining systems and process alternatives capable of meeting business needs.Educational QualificationsGraduate – CommerceProfessional Qualification- MBA / CA Inter / CA FinalExperience2 to 5 Years in Finance