Business Analyst - Transformation - Financial System

Description:

Job Title: Business Analyst - Financial Transformation

Location: [Specify Location]

Department: Finance / Transformation Office

Industry: Banking / Financial Services

Qualification: CA or MBA (Finance)

About the Role

The Business Analyst - Financial Transformation will be responsible for driving process improvements, analyzing financial systems, and supporting strategic transformation initiatives within the finance function. The role involves collaborating with cross-functional teams to enhance efficiency, integrate new technologies, and ensure seamless execution of financial transformation projects.

Key Responsibilities (KRAs)

- Evaluate existing financial processes and identify opportunities for improvement and automation.

- Gather, interpret, and analyze financial data to support strategic decision-making.

- Collaborate with finance, IT, and business teams to define requirements for process transformation.

- Recommend and implement process re-engineering initiatives to optimize efficiency and accuracy.

- Support the design, testing, and deployment of new financial systems and digital tools.

- Lead project tracking, documentation, and reporting for financial transformation initiatives.

- Prepare and present detailed reports on project progress, performance, and outcomes.

- Assist in managing change initiatives, including communication, training, and user adoption activities.

- Ensure compliance with internal controls, risk management, and regulatory standards during transformation.

- Monitor post-implementation performance to measure success and identify further improvement areas.

Required Skillsets

- Strong understanding of financial processes, systems, and data analytics in a banking or financial services environment.

- Proven expertise in process improvement, automation, and transformation projects.

- Proficiency in data analysis tools, financial modeling, and reporting systems (Excel, Power BI, etc.).

- Excellent analytical and problem-solving skills with a strategic mindset.

- Meticulous attention to detail with strong documentation and process-mapping abilities.

- Effective communication and interpersonal skills to collaborate across departments.

- Strong project management and organizational capabilities.

- Adaptability to changing business priorities and emerging technologies.