Financial Systems Analyst

Wakefern Food Corp.; Edison (NJ); Hybrid; USD 65,000 - 90,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

401(k) retirement plan with company‑匹

Paid time off

Job summary

Wakefern Food Corp. is the largest retailer-owned cooperative in the United States, supporting its member grocers with a broad range of services and technology platforms.

The Financial Systems Analyst acts as a liaison between business, Finance, and Tech to analyze financial data and system integration across processes, ensuring accuracy and security. Minimum 3 years’ Oracle EBS experience plus a background in accounting or finance, with strong analytics and communication skills.

Qualifications

• Minimum 3 years’ experience using and supporting Oracle EBS.
• Proficient with Microsoft 365 products.
• Business or accounting background.
• Strong analytical, technical and financial knowledge.
• Process improvement focus and change agent.

Responsibilities

• Perform systems and data analysis, monitoring data flows between sub-systems and general ledgers, ensuring data accuracy and security.
• Identify inefficiencies, recommend and implement best practice process and system improvements.
• Administer and reconcile the Oracle E-Business Suite R12 ERP system feeds.
• Review and reconcile daily and weekly sub-system transfers and 3rd party interfaces (Payroll, Cash & Sales, Pharmacy A/R, DSD, Treasury, Mainframe Accounts Receivable).
• Support the maintenance and issue resolution with all Oracle Finance users (GL, AP and OCR, AR, Cash & Sales POS, Fixed Assets).
• Support the Payment Request Form (PRF) process and automated bank reconciliation systems.
• Support users in troubleshooting and resolving system and process related issues.
• Perform system testing during upgrades and projects, maintain process docs and SOPs for audits and training.
• Collaborate with Finance and Tech teams to ensure smooth financial system transactions for members and Wakefern entities.
• Log systems support issues, drive resolution and recommend controls and compliance.
• Develop and maintain expert functional knowledge of financial systems and applications.

Skills

Oracle EBS

Microsoft Excel

Power BI

SAP

Finance systems

Education

Accounting background

Tools

OCR vendor invoice management system

ERP systems

Job description

Wakefern Food Corp. is the largest retailer-owned cooperative in the United States and supports its co-operative members' retail operations, trading under the ShopRite, Price Rite Marketplace, The Fresh Grocer, Dearborn Market, Gourmet Garage, and Fairway Market

Employing an innovative approach to wholesale business services, Wakefern focuses on helping the independent retailer compete in a big business world. Providing the tools entrepreneurs need to stay a step ahead of the competition, Wakefern’s co-operative members benefit from the company’s extensive portfolio of services, including innovative technology, private label development, and best-in-class procurement practices.

About You

Summary

• The Financial Systems Analyst serves as a liaison between the business, Finance and Tech teams to support and maintain the effective running of financial systems. You will play an important role in analyzing financial data, financial systems and their integration within various business processes.
• You have a minimum of 3 years’ experience using and supporting Oracle EBS, are comfortable working with other financial systems, proficient with Microsoft 365 products and have a business or accounting background.
• You have strong analytical, technical and financial knowledge and have good problem-solving skills.
• Process improvement focused and a change agent.
• Strive to achieve set goals, accept direction, offer and receive feedback in a constructive manner.
• Excellent customer service and communication skills.

Essential Functions

• Perform systems and data analysis, monitoring data flows between sub-systems and general ledgers, ensuring data accuracy and security.
• Identify inefficiencies, recommend and implement best practice process and system improvements.
• Administer and reconcile the Oracle E-Business Suite R12 ERP system feeds.
• Review and reconcile daily and weekly sub-system transfers and 3rd party interfaces (Payroll, Cash & Sales, Pharmacy A/R, DSD, Treasury, Mainframe Accounts Receivable.)
• Support the maintenance and issue resolution with all Oracle Finance users (General Ledger, Accounts Payable and OCR vendor invoice management system, Accounts Receivable, Cash & Sales Point of Sale system, Fixed Assets).
• Support the Payment Request Form (PRF) process and automated bank reconciliation systems.
• Support users in troubleshooting and resolving system and process related issues.
• Perform system testing during upgrades and projects, while maintaining process documentation and operating procedure for audits and training.
• Be an effective contributor to the Financial Systems Support team and work closely with various Wakefern teams, Wakefern Tech, Coop Members, Accounting and Finance associates.
• Collaborate effectively with Finance and Tech teams to ensure financial systems transactions for the members, Wakefern and its subsidiaries are running smoothly, ensuring daily, weekly and period end close objectives are supported.
• Log systems support issues, drive the resolution and recommend optimal controls and compliance.
• Develop and maintain an expert level of functional knowledge of the financial systems and applications.

Additional Functions

• Perform appropriate master data setup to enable accurate financial postings for business operations and system integrations.
• Review/build controls for transactions to enhance processing accuracy and accountability.
• Provide training and guidance to financial users on systems functionality and processes.
• Work with the Audit team for the SOC1 compliance audit for controls.
• Create process documents, policies, procedures and controls. Provide management with recommendations for improving all accounting processes.
• Assist in vendor setup and check printing as needed
• Actively participate in system upgrades and enhancements, projects and new system/process implementations; translate business requirements to system functional requirements to ensure desired results.
• Create and execute test scripts, track and communicate test plans, test results and unresolved problems; follow through until successful retest results.
• Ensure confidentiality of Member/Wakefern data.
• Perform additional duties and participate in special projects as needed.

Qualifications

• Minimum 3-year experience with system enhancement processes, project implementation and testing with Oracle.
• Strong technical skills in working with and understanding systems, files structures and databases.
• Excellent analytical, task management and problem-solving skills, with the ability to translate business requirements into technical solutions.
• Ability to work in a team-oriented, collaborative, fast-paced environment.
• Detail oriented with excellent follow-up practices.
• Ability to work with all levels of the organization and must be able to respectfully hold others accountable to policies and procedures.
• Proficiency in Microsoft Office Products - Excel, Outlook, Teams, Power BI, Power Query and database management tools.
• Experience in SAP a plus.

Working Conditions & Physical Demands

• Ability to work on a varied, flexible schedule to meet business demands, including off shift support in the event of critical production issues and project go-live.
• Ability to monitor computer screens for long periods of time.
• Ability to work a hybrid schedule as established by the division (4 days on-site, 1 day remote)

Compensation and Benefits

The salary for this position is $65,000 to $90,000 annually. Placement in the salary depends on several factors, including experience, skills, education, geography, and budget considerations.

Wakefern is proud to offer a comprehensive benefits package designed to support the health, well-being, and professional development of our Associates. Benefits include medical, dental, and vision coverage, life and disability insurance, a 401(k) retirement plan with company match, paid time off, holidays, and parental leave. Associates also enjoy access to wellness and family support programs, fitness reimbursement, educational and training opportunities through our corporate university, and a collaborative, team-oriented work environment. Many of these benefits are fully or partially funded by the company, with some subject to eligibility requirements.

About The Work

This job description is intended to set forth the general nature and essential duties and responsibilities of the work performed by associates for this position. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of associates to do this job. Associates may be assigned additional responsibilities as necessary. The Company reserves the right to revise this job description at any time and to require associates to perform other tasks as circumstances or conditions of its business, competitive considerations or the work environment changes. This document describes the position currently available and is not an employment contract.

To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. If requested, reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The position covered by this Job Description is expressly declared to be "at will," meaning Wakefern has the right to terminate the incumbent’s employment at any time, with or without cause. Any written or oral promises or representations to the contrary are expressly disavowed and should not be relied upon by any associate. Any change to this "at will" employment status must be in writing and signed by the Vice President of Human Resource.