Oracle Financial, Business Analyst - Assistant Vice President

POSITION: Assistant Vice President –Business Analyst Financial

REPORTS TO: Vice President – ILS

LOCATION: Hyderabad, India

Boston based State Street Corporation (State Street) and it flagship bank – State Street Bank & Trust, a Fortune 500 company and a leading specialist in meeting the needs of institutional investors worldwide. With $35 Trillion in assets under custody and administration and $3 trillion in assets under management, State Street operates in 30 countries and more than 100 markets worldwide

Basic Function

Assistant Vice President –Business Analyst – Oracle Financial will be highly regarded with an excellent track record in his or her current environment. The successful candidate must be a strong, decisive, results oriented individual who can develop and manage relationships across the company and with a wide variety of partners, based on trust, teamwork and knowledge. The following details specific responsibilities for this critical role within the scope of Oracle Financial preferably Cloud

• Techno/Functional team leadership in system and business requirements definition
• Identification, analysis and documentation of system and business requirements
• Analysis, customization and reengineering business processes within functional area and integrating with other areas
• Development of business process flows
• Data conversion mapping and testing
• Support application testing, documentation and monitoring for specific results
• Status reporting on assigned tasks
• Identification of potential problems/challenges and recommendation of solutions
• Knowledge transfer to finance end users and mentor to junior BA’s
• Monitors new ideas and concepts and provides recommendations to senior management
• Leads very complex and challenging business/system requirements by facilitating strategic user meetings and interviewing users, and resolving issues
• Drives the analysis of current processes and recommends solutions and improved processes; may provide counsel on impact of systems changes to business processes
• Coaches and advocates for business area regarding system needs and requests with various groups
• Collaborates on project planning and management with the assigned project manager
• Consults with users, developers, tester, and implementation specialists
• Set the strategic direction for the resolution of extremely complex and high impact requirements analysis problems
• Partners with technology and business managers providing overall strategic leadership in developing and maintaining disciplined processes
• Provide subject matter expertise in the required functional and application area
• Critically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details, abstract up from low-level information to a general understanding, and distinguish user requests from the underlying true needs
• Proactively communicate and collaborate with finance teams to analyze information needs and functional requirements and deliver the following artifacts as needed: Business Requirements Document, Functional Requirements Document, Test cases.
• Successfully engage in multiple initiatives simultaneously
• Work independently with users to define concepts
  
  
  

Experience & Skills Required

• Minimum 18 plus years internal or external experience in finance domain
• Successful participation in all pertinent phases of full life cycle implementation and understanding on technical landscape
• Strong analytical and product management skills required, including a thorough understanding of how to interpret customer business needs and translate them into application and operational requirements
• Demonstrated ability to assume functional leadership within a project team in at least one functional area
• Expert understanding of package implementation and methodologies, as well as functional knowledge of their core business practice. Implementation abilities associated with packaged software
• Solid ability in the areas of problem solving, developing alternative approaches to problems, and in resolving conflicts
• Expert knowledge of target system
• Solid knowledge of all of the integration points between system modules
• Ability to work, contribute, and communicate effectively within immediate team and work with finance personnel as required
• Ability prioritize and flexibility to modify priorities appropriately
• Analytical nature and Logically oriented
• Excellent written communication skills
• Ability to handle pressure and crisis situations and exhibit diplomacy and polish
• Ability to prioritize and delegate as needed
• Monitors new ideas and concepts and provides recommendations to senior management
• Works across organizations to develop consensus and communicate decisions
• Uses a broad array of communication vehicles to lead, direct, and facilitate requirement analysis effort
• Partners with technology and business managers providing overall strategic leadership in developing and maintaining disciplined processes
  
  
  

Global Organisation

• Ability to work with distributed team in multiple time zones.
• Ensure solutions meet local requirements while maintaining consistency with internal global standards
  
  
  

INDUSTRY: Experience within Financial Services and banking industries a must

EDUCATION: Bachelor’s degree in finance, business, technology or equivalent preferred.

Software Knowledge For Implementation

• Oracle Financial cloud (i.e. GL, AP, AR, FA, CE, iExpense and Procurement )
• Finance Data Warehousing
• Reconciliation tools
• Oracle E-Business Suite(i.e. GL, AP, AR, FA, CE, iExpense and Procurement )
  
  
  

Duties

SOFTWARE KNOWLEDGE FOR DAILY DUTIES:

• Strong Microsoft Office skills on Windows including: Outlook, PowerPoint, Excel, Word
• Vision & Microsoft project (optional)
  
  
  

PROFESSIONAL LICENCES: CPA (or equivalent) Preferred

Compensation

Compensation will be attractive, competitive and will include base salary and incentive compensation appropriate for the management level.

Disclaimer

The above information on this description has been designed to indicate the general nature and level of work. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of an employee assigned to this position.

State Street's Speak Up Line

Job ID: R-769669