Business Analyst (Finance Systems)

ooba; Cape Town; On-site; ZAR 450,000 - 650,000; Full time

Job summary

A leading company in South Africa seeks a Business Analyst specializing in finance systems to optimize operations and ensure compliance. The role requires strong collaboration skills and a solid understanding of finance-related technologies, particularly Oracle Fusion. This position offers an opportunity to contribute to critical system enhancements and operational efficiency across the organization.

Qualifications

• 5+ years of experience in a business analyst role focused on ERP systems.
• Strong understanding of Oracle Fusion Finance and related modules.
• Proficiency in documenting business requirements and testing protocols.

Responsibilities

• Gather requirements and analyze finance processes for improvements.
• Collaborate with IT and external providers to ensure system effectiveness.
• Create documentation for system requirements, processes, and testing.

Skills

Analytical skills

Communication

Collaboration

Process design

Education

Bachelor's degree in Finance, Accounting, Information Systems, or a related field

Certification in Business Analysis (e.g., CBAP) or Oracle Fusion applications

Tools

Jira

SharePoint

Oracle BI Publisher

MS Office Suite

Job description

Job Description

The Business Analyst (Finance Systems) is responsible for bridging the gap between business requirements and technical solutions for finance-related systems, including Oracle Fusion Finance, Oracle Fusion Partner for Performance, and E-Business Suite Payroll. This role collaborates with both internal IT service providers and external implementation partners, designs operational processes, and ensures system configurations meet business needs. The Business Analyst plays a critical role in optimizing finance operations, ensuring compliance, and supporting system enhancements.

Responsibilities

11. Requirements Gathering & Analysis

• Collaborate with finance and compliance stakeholders to understand and document business requirements for system implementations and enhancements.
• Conduct workshops and interviews with internal teams to gather detailed insights into existing processes and areas for improvement.
• Translate business requirements into clear, actionable technical specifications for both internal IT and external implementation partners.

2. Collaboration with Internal and External Providers

• Act as a liaison between business teams, internal IT service providers, and external consultants or vendors.
• Ensure internal IT teams understand business requirements and can support configurations, integrations, and upgrades.
• Validate solutions proposed by internal and external providers, ensuring alignment with business objectives and compliance standards.
• Monitor the progress of tasks assigned to providers, addressing issues or roadblocks proactively.

3. Process Design and Optimization

• Analyze current finance operational processes to identify inefficiencies and recommend improvements.
• Design and document optimized workflows, ensuring they align with system capabilities and business goals.
• Develop operational processes for managing tickets, configurations, and system upgrades in collaboration with IT and business stakeholders.

4. Technical Validation & Testing

• Work closely with IT and external providers to validate configurations, workflows, and setups in finance systems.
• Plan and coordinate testing activities, including Unit Testing, Integration Testing, and User Acceptance Testing (UAT).
• Document test cases and results, ensuring transparency and alignment with requirements.
• Address and resolve issues identified during testing phases.

5. Finance System Expertise

• Leverage knowledge of Oracle Fusion Finance, Partner for Performance, and Payroll modules to provide functional guidance and ensure system configurations align with best practices.
• Advise stakeholders on system capabilities and recommend enhancements to improve financial processes, tax compliance, and reporting.
• Stay updated on Oracle Fusion releases and new features, assessing their potential value to the organization.

6. Data Management and Integration

• Collaborate with IT teams to support data migration activities and ensure data integrity in finance systems.
• Define and oversee system integrations, such as linking Oracle Fusion with payroll systems or other financial tools, ensuring seamless data flow.
• Implement data security and privacy measures in collaboration with IT and compliance teams.

7. Documentation & Knowledge Sharing

• Create and maintain comprehensive documentation, including business requirements, technical specifications, process flows, and test plans.
• Update and manage the knowledge repository for finance systems, ensuring documentation is version-controlled and easily accessible.
• Develop training materials and conduct training sessions for end-users on system functionalities and processes.

8. Compliance and Regulatory Support

• Ensure system configurations meet tax and compliance requirements, providing functional expertise on regulatory standards.
• Support compliance reporting and audits by ensuring the availability of accurate system-generated data and reports.
• Design processes that reduce compliance risks and improve governance in system operations.

9. Continuous Improvement

• Identify opportunities to enhance finance system performance and user experience through automation, process redesign, and system upgrades.
• Propose and implement enhancements that align with evolving business needs and regulatory changes.
• Drive initiatives to improve collaboration between IT and business teams, ensuring alignment of goals.

10. Project Management Support

• Assist project managers by tracking deliverables, timelines, and risks for system-related projects.
• Coordinate between stakeholders to ensure milestones are met and projects stay on schedule.
• Escalate potential risks or delays to management and propose mitigation strategies.

Qualifications

Required Skills & Knowledge

Technical Expertise:

• Strong understanding of Oracle Fusion Finance, Partner for Performance, and E-Business Suite Payroll modules, including General Ledger, Tax, and Payroll.
• Experience in system configurations, process design, and integration projects for enterprise systems.
• Familiarity with API-based integrations and data migration methodologies.

Financial Knowledge:

• Deep understanding of financial processes, including accounting principles, tax compliance, and payroll operations.
• Ability to analyze financial data and translate it into actionable system configurations.

Process Design & Analytical Skills:

• Experience designing and optimizing operational processes in finance contexts.
• Strong analytical skills to troubleshoot system issues and evaluate process improvements.

Communication & Collaboration:

• Excellent communication skills to interact effectively with technical teams, business stakeholders, and external providers.
• Ability to build strong relationships with internal and external stakeholders, ensuring clear alignment of goals and deliverables.

Documentation & Training:

• Proficiency in creating clear and detailed documentation for business processes, system requirements, and testing protocols.
• Ability to develop and deliver training materials to end-users, ensuring smooth adoption of system changes.

Project Management Support:

• Skilled in managing multiple tasks and priorities, coordinating between stakeholders, and tracking deliverables.
• Familiarity with project management methodologies, such as Agile or Waterfall.

Tools & Technology:

• Experience with tools such as Jira (ticketing and task management), SharePoint (documentation management), and Oracle BI Publisher (reporting).
• Proficiency with MS Office Suite, including Excel for data analysis and PowerPoint for presentations.

Qualifications:

• Bachelor's degree in Finance, Accounting, Information Systems, or a related field.
• Certification in Business Analysis (e.g., CBAP) or Oracle Fusion applications.
• 5+ years of experience in a business analyst role, with a focus on ERP systems and finance operations.

Required Competencies:

Analysing and Forming Opinions:

Essential for requirement gathering, problem-solving, and troubleshooting finance system issues.

Enables logical decision-making and root cause analysis.

Accuracy:

Ensures meticulous handling of financial data, system configurations, and compliance reporting.

Prevents errors in financial processes and system setups.

Structuring:

Vital for process design, workflow optimization, and ticket management.

Ensures clarity and efficiency in system operations and upgrades.

Cooperation:

Necessary for liaising between finance, IT, and external vendors.

Facilitates clear communication and teamwork across departments.

Devotion to Quality:

Ensures high standards in system testing, validation, and financial reporting.

Drives continuous improvement and compliance in finance operations.

Dutifulness:

Demonstrates commitment to regulatory compliance, tax obligations, and governance.

Ensures adherence to business rules and financial controls.

Initiative:

Supports continuous improvement, automation, and system enhancements.

Proactively identifies and acts on opportunities for efficiency gains.

Presenting:

Critical for documenting and explaining technical concepts to business users.

Supports knowledge sharing, training, and user adoption of finance systems.