ERP - Accounts Payable and Procurement Functional Analyst

Assurant, Inc.; United States; Remote; USD 75,000 - 105,000; Full time

Job summary

A leading company in financial services seeks an Accounts Payable and Procurement Functional Analyst to spearhead their financial systems transformation. This individual will leverage their accounting expertise to improve efficiency in payables and procurement while implementing an innovative ERP solution. Successful candidates will possess strong financial acumen, experience with automated financial tools, and a collaborative mindset to support various stakeholders.

Qualifications

• A minimum of 5 years prior financial accounting/auditing and financial systems experience.
• Prior experience in implementing and managing automated accounts payable and purchasing solutions.
• Understanding of international regulatory reporting and payment processes is a plus.

Responsibilities

• Design and implement best practice accounts payable and procurement processes.
• Evaluate and enhance existing financial processes to reduce inefficiencies.
• Collaborate with stakeholders on financial system design and testing.

Skills

U.S. GAAP Financial Reporting

Financial Acumen

Change Management

Analytical Skills

Communication

Adaptability

Education

Bachelor's degree in Accounting

Tools

Oracle Cloud Procurement

Advanced proficiency in Word, Excel, PowerPoint, Teams

Job description

Assurant is embarking on a multi-year, multi-phase financial systems and process transformation program. The Accounts Payable and Procurement Functional Analyst will be an important Finance and Accounting resource on the team that is supporting and implementing the Accounts Payable and Purchasing components of Assurant’s implementation of a market-leading cloud ERP solution and associated financial systems architecture as part of a multi-phased transformation program.

The individual in this role will use their prior accounting skills, knowledge, and experiences to support accounts payables and procurement functions/processes in a new ERP platform. This individual will also participate in the implementation efforts for the Accounts Payable and Purchasing components of the new ERP platform.

The individual in this role will be responsible for ongoing system/applications management, functional support, enhancement of the payables, procurement, and related functions and supporting implementation efforts of Procurement. This individual will focus on continuously identifying, recommending, and executing on opportunities to better streamline and gain efficiencies in Finance and Accounting, through leveraging the investment we have made in a new systems platform.

As new functionality and capabilities are integrated into the financial systems platform, the analyst work with team members and stakeholders ensuring smooth integration onto the platform and will proactively identify and mitigate any potential risks.

Primary Job Accountabilities/Responsibilities

Strategic:

• Support efforts within Finance and Accounting to design and implement best practice accounts payable and procurement processes in a leading cloud ERP solution

• Identify, recommend, champion, and execute opportunities to enhance existing payables and procurement processes taking into consideration the requirements of the overall Global Finance organization

• Leverage prior Accounting and Finance experiences and expertise to identify, propose, and implement automated solutions and reduce reliance on manual processes, with a focus on prioritizing the remediation of those processes that currently have the most risk and/or inefficiency

• Actively engage and educate business process owners on solution optimization, simplification, and standardization capabilities within the new platform through the reference of prior experiences and other relevant use cases

• Serve as a change agent for the Global Finance organization in designing and implementing best/leading practices across Assurant

Tactical:

• Champion efforts to adopt delivered functionality and established practices and resist the need for customizations and off-system work arounds

• Clearly and effectively demonstrate to stakeholders how proposed solutions and workflows will help move the Finance and Accounting function forward towards achieving its goals

• Work closely and collaborate with key Finance and Accounting stakeholders, IT, and third- party consulting resources across various locations to design, test, implement, and support a global financial systems platform

• Display clear and effective communication skills with all stakeholders providing end-to-end perspectives and paying attention to detail

• Collaborate with stakeholders to understand functional requirements for an area and then develop functional process solutions in the new tool, as well as effectively communicate the requirements to the overall program team

• Review process issues and troubleshoot resolution measures

• Develop creative solutions to effectively meet complex business requirements using delivered functionality

• Create, deliver, and/or support communication and training activities associated with areas of responsibility

• Ensure program deliverables are completed in accordance with established timelines and procedures

• Escalate issues and open items to program management, as appropriate

• Actively participate in team working sessions

Basic Qualifications Required - Experience, Skills, and Knowledge

• Bachelor's degree in Accounting or equivalent area of study

• A minimum of 5 years prior financial accounting/auditing and financial systems experience

• Strong understanding of U.S. GAAP Financial Reporting, Management Reporting, and Planning/Forecasting Processes

• Strong accounting, business and financial acumen

• Prior experience in implementing and managing automated accounts payable and purchasing solutions and processes in a complex, global organization

• Prior Oracle Cloud Procurement and Payables experience a plus

• Strong working knowledge of and experience with vendor set ups, leading payment methods, and 1099 and other tax compliance matters

• Strong knowledge of working in various currencies across multiple legal entities

• Strong change management acumen

• Experience in designing and implementing Finance and Accounting process and workflows

• Strong influencing, facilitating and consulting skills in working with stakeholders at all levels in the organization and across departments

• Experience in leveraging technology to improve finance processes

• Adaptability and flexibility including the ability to manage deadline pressure, ambiguity and change

• Understanding and experience with international regulatory reporting and payment processes a plus

• Strong planning and organizational skills

• Strong analytical skills

• Experience in handling and effectively prioritizing multiple concurrent tasks and meeting strict deadlines

• Ability to effectively communicate with all levels within the organization

• Ability to build collaborative relationships with colleagues and business partners

• Must be a team player and able to partner with business, operational, technology, and financial areas

• Advance proficiency in Word, Excel, PowerPoint, Teams

• Prior experience in Insurance/Financial Services industry a plus

• Previous experience of transformation projects

At Assurant, we celebrate the differences that make us who we are. By assembling extraordinary teams from a variety of races, religions,sexualorientations,gender identities,ages,experiences,and abilities, we’re able to better reflect the global communities where we live and work.By working to remove barriers, we ensure equity for everyone.The pursuit of inclusion rests with each of us. Because it’s only by listening toand representing the unique voices of every individual that we can innovate for all.

For further information about Assurant, please visit our website: https://www.assurant.com/