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FMIS Business Analyst, Hybrid - Discovery Phase Experience Required - Must Live in the Annapolis, MD Area
We are seeking a knowledgeable and experienced FMIS Business Analyst to join the team. The ideal candidate will have 5-7 years of relevant experience in analyzing, designing, and implementing financial systems solutions. This role requires a strong understanding of financial concepts, excellent communication skills, and the ability to collaborate with various stakeholders to optimize financial processes. Need experience in General Ledger & Cost Allocation, Disbursements & Fixed Assets, Tax Accounting, and Cash & Treasury process areas. More specifically, strong experience in General Ledger, Financial Reporting, Cost Allocation and Budget, candidates with strong experience in Accounts Payable, Disbursements and Fixed Assets, or candidates with strong experience in Accounts Receivable, Tax Accounting, Cash and Treasury. This is a hybrid position, and candidates need to be located in the Annapolis, MD area. 2 to 3 days a week in the office.
Discovery Phase and Procurement experience are required for this position and must be on your resume.
FMIS Business Analyst Responsibilities:
- Review and analyze existing financial systems, processes, and data to identify inefficiencies and improvement opportunities.
- Collaborate with stakeholders to gather, document, and prioritize business requirements for financial system enhancements.
- Translate business needs into technical specifications and design efficient and effective financial management information system solutions.
- Lead or support the implementation of new financial systems, including configuration, testing, and deployment activities.
- Develop training materials and conduct user training sessions to ensure proper system understanding and adoption.
- Provide ongoing support and troubleshooting for financial systems, addressing user issues and ensuring system functionality.
- Ensure data integrity and accuracy within financial systems, including data migration, validation, and reconciliation.
- Ensure financial systems comply with regulatory requirements, industry standards, and best practices for data security and privacy.
- Identify opportunities for process improvements, automation, and optimization within financial management processes.
- Communicate effectively with business stakeholders, IT teams, and management to ensure alignment on system requirements and project status.
- Maintain detailed documentation of system requirements, design decisions, testing results, and user guides for future reference.
- Stay current with industry trends, technologies, and best practices in financial management information systems to recommend innovative solutions.
- These responsibilities are crucial for a Financial Management Information Systems Business Analyst to effectively assess, design, implement, and support financial systems that meet the organization's needs and drive operational efficiency and effectiveness.
FMIS Business Analyst Qualifications:
- Bachelor's degree in Finance, Accounting, Business Administration, Information Systems, or related field.
- Master's degree or relevant certifications such as Certified Business Analysis Professional (CBAP), Certified Information Systems Auditor (CISA), or Chartered Financial Analyst (CFA) are highly desirable.
- Discovery Phase experience is required for this position.
- Need experience in General Ledger & Cost Allocation, Disbursements & Fixed Assets, Tax Accounting, and Cash & Treasury process areas. More specifically, strong experience in General Ledger, Financial Reporting, Cost Allocation and Budget, candidates with strong experience in Accounts Payable, Disbursements and Fixed Assets, or candidates with strong experience in Accounts Receivable, Tax Accounting, Cash and Treasury.
- 5-7 years of experience as a Financial Management Information Systems Business Analyst.
- Strong knowledge of financial principles, accounting practices, and financial reporting.
- Experience in ERP systems (e.g., SAP, Oracle, Microsoft Dynamics) and financial software applications.
- 3+ years of experience in a business analyst role or performing requirements gathering functions, including for financial management/ERP modernizations.
- Strong understanding of ERP/Financial Management System concepts, modules, and best practices, with experience working with ERP systems such as Workday, Oracle, SAP, and/or CGI.
- Should have the ability to conduct workshops independently with the organization's financial system users to document current business processes and the ability to improve and create future business process models.
- Excellent communication, problem-solving, and project management skills.
- Ability to work independently, prioritize tasks, and meet deadlines effectively.
- Experience with financial regulatory compliance (e.g., Sarbanes-Oxley Act, General Data Protection Regulation (GDPR)).
- Knowledge of Maryland state financial regulations and reporting requirements is a plus.
- A Public Trust background check is required.
Benefits include medical insurance, retirement plan, PTO, etc.
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