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Business Analyst
MassMutual
IT, Sales & Business Development
Multiple locations
Posted on Friday, July 26, 2024
Business Analyst
Financial Accounting Systems Transformation (FAST)
Full-Time
Boston, MA or Springfield, MA
The Opportunity
As a Business Analyst you will be responsible for collaborating with stakeholders and the project team to understand, assess, recommend, and implement business process solutions that facilitate, improve and/or streamline existing business processes.
Primary responsibilities:
- Understand, document, and maintain business requirements, including existing challengesa/issues, and success criteria
- Assess feasibility with the project team and facilitate solutioning efforts
- Provide guidance to stakeholders on solution options
- Drive successful execution of the end-to-end lifecycle
- Provide status updates to stakeholders and project leadership team
The Team
This role aligns under the Financial Accounting Systems Transformation (FAST) project 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. This team continues to evolve and will provide candidates with growth opportunities.
The role reports to the Head of Data Management and partners with Corporate IT, third party Vendors and business users/leaders.
The Impact
- Accountability: Subject matter expert for workstreams in SAP S/4 HANA in partnership with IT and offshore 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 with 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 finance roles or SAP implementation roles
The Ideal Qualifications
- MBA or equivalent and/or Certified Public Accountant preferred
- Hands-on experience with SAP ERP and/or SAP S/4 HANA implementations including SAP FI, CO, AR, AP, GL, PCA, CCA
- Experience implementing Special Purpose Ledger/Parallel Ledger
- Experience with at least 1 FP&A tools such as SAP BPC, Hyperion/HFM, OneStream, Anaplan
- 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
- 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
- Authorized to work in the United States without sponsorship now or in future
- Travel between Boston and Springfield required
What to expect as part of MassMutual and the Team
- Regular meetings with your team
- Focused one-on-one meetings with your manager
- Access to mentorship opportunities
- 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
#LI-RK1
Salary Range:
$110,400.00-$144,900.00At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.
Why Join Us.
We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard.
We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It’s more than our company structure – it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.
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.
At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.