SAP Business Analyst

MassMutual; Forest Park (MA); On-site; USD 90,000 - 120,000; Full time

Job summary

MassMutual is seeking a SAP Business Analyst to facilitate the migration of corporate finance consolidation processes to S4/HANA. This role is essential for ensuring compliance with GAAP and management reporting requirements, involving collaboration with various stakeholders for successful system and business process implementation.

Benefits

Networking opportunities

Access to learning content on Degreed

Strong ethical business environment

Qualifications

• 8+ years of accounting experience in financial roles.
• Hands-on experience with SAP ERP/S/4 HANA and a Consolidations tool.
• Detail-oriented with strong oral and written communication skills.

Responsibilities

• Migrate corporate finance processes to S4/HANA Group Reporting.
• Document business requirements and perform fit-gap analysis.
• Prepare user test strategy and provide status updates.

Skills

Analytical skills

Communication skills

Problem-solving

Project management

Education

BS in Accounting, Finance, IT, or similar field

MBA or equivalent

Certified Public Accountant (CPA)

Tools

SAP S/4 HANA

SAP ERP

Consolidations tool

SAP BW

SAP BusinessObjects

Job description

SAP Business Analyst

Financial Accounting Systems Transformation - Group Reporting

Full-Time

Springfield, MA or Boston, MA

The Opportunity

As a Business Analyst you will be responsible in helping MassMutual to successfully migrate corporate finance consolidation processes to S4/Hana Group Reporting module and ensure that company’s GAAP, Statutory and Management reporting requirements are fully addressed. This person will collaborate with stakeholders and the project team to understand, assess, recommend, and implement business process and system solution that facilitate, improve and/or streamline group consolation and reporting processes.

Primary responsibilities:

• Understand, document, and maintain business requirements, including existing challenges/issues, and success criteria
• Perform fit-gap analysis and facilitate fit for purpose solution design effort
• Provide guidance to stakeholders on solution options
• Drive successful execution of the end-to-end lifecycle including preparing user test strategy and plan
• Provide status updates to stakeholders and project leadership team

The Team

This role aligns under the Financial Accounting Systems Transformation team, which is part of the Controllers group. The team is leading the charge to transition from SAP R3 to SAP S4/HANA and related data, business process and reporting changes. The mandate and responsibilities of the finance transformation work continues to evolve and will provide candidates with growth opportunities.

The role reports to the Head of Group Reporting and partners with Corporate IT, 3rd party Vendors and business users/leaders across Corporate Controllers and CFO organization (Close, Reporting, FP&A, Data Management, Accounting Plocy and Controls to name a few).

The Impact

Accountability: Subject matter expert for workstreams in SAP S/4 HANA in partnership with IT and implementation partners.

Business Acumen: Understand the end-to-end processes, including cross functional impacts and dependencies.

Inclusion: Lead Use Case formulation, as-is/to-be analysis, product demos, joint application development for processes & SAP capabilities. Share SAP and industry best practices and knowledge, and personal expertise to educate our business processes.

Resilience: Understand how data flows through financial systems to accounting function, while planning appropriately for changes with prioritizations. Establish and enhance governance and internal control procedures.

Development: Lead SAP centric process changes in alignment with accounting policy for evaluation and implementation of new GAAP/Statutory reporting requirements.

Leading Others: Collaborate closely with other business areas, such as financial close team to support accounting of transactions/events. Lend tactical support as needed peer teams.

Agility: Coordinate/Collaborate across Finance, enterprise technology, internal audit, enterprise risk, other business units & external audit, as appropriate. Guides the team in establishing effective control/governance for reports/dashboards with tight milestones for successful execution.

The Minimum Qualifications

• BS in Accounting, Finance, IT, or another similar field
• 8+ years of accounting experience in financial roles or hands-on experience with SAP ERP and/or SAP S/4 HANA implementations and/or a Consolidations tool
• Travel between Boston, MA and Springfield, MA required

The Ideal Qualifications

• MBA or equivalent and/or Certified Public Accountant preferred
• Experience implementing a Consolidations tool – preference for prior experience in implementing S/4 Hana Group Reporting module
• Experience in other SAP products - SAP BW, BusinessObjects, SAP BPC, SAP Cloud
• Knowledge of US GAAP, insurance statutory accounting/reporting and/or experience in Financial Institutions preferred
• Ability to work with senior management, business, and IT areas to influence decision making
• Strong multi-tasking skills and ability to adapt to change
• Ability to proactively take ownership of projects and drive to completion
• Experience working in a Finance transformation setting & driving change
• Identify and support process improvements that provide business value
• Ability to Initiate and/or lead complex projects that may span beyond the scope of own team
• Experience in best-in-class control execution and documentation
• Detail-oriented with demonstrated oral and written communication skills

What to expect as part of MassMutual and the Team

• Regular meetings with your team
• Focused one-on-one meetings with your manager
• Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, Veteran and disability-focused Business Resource Groups
• Access to learning content on Degreed and other informational platforms
• Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits

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MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.