Medfar is hiring a

Business System Analyst

Visakhapatnam, India
Full-Time

Position Overview:

We are seeking a talented and detail-oriented Business Finance System Analyst to
join our dynamic finance team. The ideal candidate will possess a strong background in both finance and information technology, with the ability to effectively bridge the gap between business requirements and technical solutions. The primary focus of this role will be to analyze, design, implement, and maintain financial systems to support the organization's finance operations. This position offers an exciting opportunity to work collaboratively across departments, leveraging technology to drive efficiency and effectiveness in financial processes.

Key Responsibilities:

1. Requirements Gathering and Analysis:

  • Collaborate with finance stakeholders to understand business needs and translate them into functional requirements for financial systems.
  • Conduct thorough analysis of existing financial processes and systems to identify areas for improvement and optimization.
  • Document business requirements, use cases, and process flows to guide system design and development.

2. System Design and Implementation:

  • Work closely with IT teams to design and configure financial systems, ensuring alignment with business requirements and best practices.
  • Participate in system configuration, customization, and integration activities to meet functional specifications.
  • Conduct testing and quality assurance to validate system functionality, data integrity, and performance.

3. User Support and Training:

  • Provide end-user support and troubleshooting for financial systems, addressing inquiries and resolving issues in a timely manner.
  • Develop and deliver training materials and sessions to educate users on system functionality, processes, and best practices.

4. System Maintenance and Enhancement:

  • Monitor system performance and data integrity, proactively identifying and resolving issues as they arise.
  • Coordinate system upgrades, patches, and enhancements in collaboration with IT teams and vendors.
  • Continuously evaluate system capabilities and recommend improvements to streamline processes and enhance efficiency.

5. Documentation and Compliance:

  • Maintain comprehensive documentation of system configurations, workflows, and procedures.
  • Ensure compliance with regulatory requirements and internal controls in all financial system activities.
  • Bachelor's degree in Finance or Accounting or Information Systems.
  • Minimum of 2 years of experience in business analysis, financial systems implementation, or related roles.
  • Strong understanding of finance principles, accounting processes, and financial reporting requirements.
  • Proficiency in financial system platforms such as Sage Intacct, Oracle Financials, NetSuite, or similar ERP systems. Knowledge of SalesForce is a plus.
  • Excellent analytical, problem-solving, and communication skills, with the ability to interact effectively with stakeholders at all levels.
  • Proven ability to manage multiple projects simultaneously and prioritize tasks in a fast-paced environment.
  • Fixed Night Shift
  • Salary Best in the Industry
  • Performance Bonus
  • Allowances
  • Insurance Benefits
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