Finance Solutions Analyst

A distinguished banking client known for its exceptional financial services is seeking an accomplished FINANCE SOLUTIONS ANALYST to join their innovative team.

POSITION INFO :

JOB DESCRIPTION INFORMATION :

Job Title : Finance Solutions Analyst

Employment Type : 6 Months Contract, On-site

JOB PURPOSE :

The role is focused on delivering small to large change initiatives for the various Finance stakeholders across the business. The individual in this role will be expected to grow into a valued, trusted Business Partner to CFO’s, Heads of Finance, Group Finance and Accountants by bridging the gap between Finance and Technology.

ABOUT THE ROLE :

The Finance Solutions Analyst will report into the Platform Finance Lead in Financial Services and will be required to deliver quality change to Finance users across and arising from various business needs.

DUTIES AND RESPONSIBILITY :

• Thoroughly understand the Finance Architecture and Finance Reporting.
• Be a Finance expert and industry trends in the relevant product or business area (i.e., industry and competitor trends and cycles).
• Clearly understand and document the Finance business requirements to enable Finance Enablement to develop solutions against those requirements.
• Responsible for ensuring quality and timely delivery by the Finance Enablement team before handover to Finance.
• Motivate for proposed changes / improvements in the Finance area by writing business cases where relevant to assist in the Business Unit (BU) / Functional Area (FA) prioritisation process.
• Stakeholder Management.

EDUCATION, SKILLS AND EXPERIENCE :

1. Qualification requirements :

• Minimum bachelor’s degree or Diploma in Finance / Business Information Systems. Honours level in the disciplines would be advantageous.
• Analytical, problem solving and attention to detail
• Ability to plan well and multitask
• Influencing and impactful
• Verbal and written communication
• Business insight and risk awareness
• Process and technological competence
• Organisational awareness
• Motivation and drive
• Teamwork and collaboration
• Presentation and facilitation
• Planning and organising
• Ability to deal with conflict
• Ability to deal with a broad range of stakeholders and enablers
• Passion for Finance, Technology and change

3. Experience :

• Minimum 3-5 years Finance / Business Analysis experience. Project experience in Finance and Technology would be advantageous.

DETAILED JOB RESPONSIBILITIES :

1. Understanding of Finance Architecture, Finance and user Requirements :

• Detailed understanding of the Finance Architecture to aid with assessing the impact of the change and requirements in the architecture.
• Includes but is not limited to how the source systems output data for Finance, and how this data is consumed in the Finance Architecture to produce the relevant reporting needs.
• Understanding of the reporting requirements and the impact of the change thereto.
• Analyse business from all aspects to develop an in-depth understanding.
• Ensure a clear understanding of business and finance processes and supporting business roles and structures.
• Liaise with stakeholders to elicit, analyse, communicate and validate requirements.
• Facilitate workshops with stakeholders to elicit requirements.
• Compile training material in conjunction with Finance Enablement and provide end-user training to stakeholders where relevant.

2. Market and Industry Expertise :

• Be an expert in market changes and industry trends by remaining on the forefront of emerging industry practice.
• Keep abreast of changes and trends in business processes and relevant methodologies.
• Ensure competitor insights by understanding what competitors are doing.
• Anticipate business area needs based on insights gained from industry-wide developments.
• Have a desire to understand and research new Finance technology trends and FirstRand Group wide Finance trends.

3. Motivation for Product / Business Changes :

• Drive forward-thinking and innovation.
• Identify opportunities for improvement and make constructive suggestions for change.
• Provide input into the business benefits for the proposed changes and quantify them where relevant.
• Assist in driving the prioritisation process for the Business Unit or Functional Area to deliver, document and communicate the roadmap agreed with business for relevant business area.
• Actively participate in ensuring that the proposed changes deliver the expected benefits through the facilitation of engagement between the end-users and Finance Enablement.

4. Business Requirement Articulation and Project Follow Through :

• Articulate business needs in clear and understandable Business Requirement Specifications that articulate what is needed from business and that can be used by Finance Enablement to develop needed solutions.
• Engage with the central BT business analyst team while they prepare Functional Specifications and Technical Specifications that articulate how the business need will be met.
• Sign-off on the functional specifications as prepared by Finance Enablement.
• Provide Finance Enablement with needed business engagement during the solution delivery and play the role of user tester as required.
• Provide consultation, advice and facilitation to projects in Finance Enablement as needed.
• Be responsible for implementing the business change and champion the roll out to users (i.e. landing the change within the BU / FA that does not relate to technology but would typically involve ensuring that end-user testing takes place, training is done, business processes are changed to support new technology etc.).
• Work with project team members to define metrics / performance goals / acceptance criteria for the solution or system.
• Participate in quality reviews or set reviews of designs, prototypes, and other work products to ensure they meet requirements.
• Identify and raise project risks and issues.

5. Stakeholder Management :

• Set and manage stakeholder expectations.
• Develop lasting relationships in his / her business area with stakeholder personnel that foster stakeholder ties.
• Communicate effectively with stakeholders in his / her business area to identify needs and evaluate alternative business solutions.
• Continually seek opportunities to increase customer satisfaction and deepen stakeholder relationships.

PACKAGE & REMUNERATION :

• Compensation will be determined based on qualifications, applicable experience, and previous earnings.