Finance Business Analyst

iOCO Pty Ltd; Cape Town; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading financial services company in Cape Town is seeking an experienced Finance Business Analyst to bridge business and technology within Finance and Investment Administration. The role involves gathering requirements, developing specifications, and supporting large-scale system migrations, particularly with SAP. Candidates should have significant experience in financial services, strong analytical skills, and a relevant degree. This position offers an opportunity to influence strategic financial initiatives.

Qualifications

• 5+ years as a Business Analyst in Financial Services or Investment Management.
• Experience with Investment Administration or Life Insurance Finance preferred.
• Hands-on experience with SAP Finance modules required.

Responsibilities

• Engage stakeholders to gather and document business requirements.
• Develop Business Requirement Specifications and Process Diagrams.
• Perform gap analyses of processes in finance systems.

Skills

Business Analysis

Financial Data Analysis

SAP Finance Modules

Process Flow Documentation

Stakeholder Engagement

Education

Bachelor’s degree in Accounting

CA(SA), CIMA or equivalent

Tools

MS Excel

SAP Reporting Tools

Job description

We’re looking for an experienced Finance Business Analyst with experience working in Finance and Investment Administration environments. You’ll play a critical role in bridging business and technology within Finance and Investment Administration environments. You’ll support strategic initiatives such as system enhancements, financial process optimisation, and large-scale platform migrations (including SAP-related initiatives), ensuring business requirements are accurately translated into functional solutions.

What you\'ll do:

• Engage with stakeholders across Finance, Investment Administration, and the Vendor to gather, analyse, and document detailed business requirements.
• Develop Business Requirement Specifications (BRS), Functional Requirement Documents (FRD), and Process Flow Diagrams.
• Perform gap analyses between current (“as-is”) and target (“to-be”) processes.
• Analyse and interpret financial data flows between SAP modules and investment systems.
• Support integration between front-office, middle-office, and back-office applications, ensuring data integrity and alignment with accounting standards.
• Participate in workstreams related to large-scale system or platform migrations (e.g., SAP S/4HANA, investment administration systems).
• Define test cases, manage UAT cycles, and ensure defect resolution in collaboration with development and QA teams.
• Collaborate with senior management and Finance to ensure alignment of business objectives with technical delivery.

Your Expertise:

• Minimum 5 years’ experience as a Business Analyst within a Financial Services or Investment Management environment.
• Experience in Investment Administration, Unit Trust Operations, or Life Insurance Finance highly preferred.
• Hands-on experience with SAP Finance modules.
• Proven track record of involvement in large system/platform migrations or finance transformation programmes.
• Advanced proficiency in MS Excel and SAP reporting tools.
• Experience in testing of changes to large Financial platforms

Qualifications:

• Bachelor’s degree in Accounting.
• Professional qualification advantageous (CA(SA), CIMA, or equivalent).