Finance Business Analyst

South Africa, South Africa

Job Description


Closing Date 2023/11/17
Reference Number MMH231110-4
Job Title Finance Business Analyst
Position Type Temporary
Role Family Information Technology
Cluster Momentum Investments
Remote Opportunity Some of the time
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Centurion
Introduction

Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.

We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Metropolitan provides practical financial solutions for people, communities and businesses. Visit us at
Role Purpose

To support the Finance Business in the analysis, improvement and redesign of core and support business processes from current state assessments to post-implementation support in order to deliver an improvement in efficiency, high levels of standardization and straight-through
processing with defined exception management.

The ideal candidate should be a subject matter expert and have working experience in certain
areas including:

  • Finance systems & financial accounting
  • System migrations
  • Data and insights
  • Regulatory & financial reporting
  • Process improvement
in order to support and drive the related reporting process with the help of his/her peers in the
team.

Requirements
  • Relevant degree (Finance, accounting, IT or equivalent).
  • Minimum 5 yearsxe2x80x99 experience in a Linked Investments/Financial Services Provider environment.
  • 5 years Business Analysis experience and/or Process Improvement experience.
  • Business Analyst, Process Improvement specialist or Finance professional with experience in process improvement.
  • Experience working in an Agile software development environment.
  • Demonstrable experience working with multiple stakeholders to obtain an understanding of business processes.
  • Demonstrable ability to operate independent, efficient, and effective in a chaotic, high transaction volume and sometimes extremely complex environment.
  • Knowledge of business process mapping systems such as Visio and Blueprint.
  • Other standard systems such as Microsoft Word and PowerPoint.
Duties & Responsibilities

Gathering requirements
  • Responsible for detailed business analysis - Stakeholder engagement via workshop facilitation, meetings, research and interviews to elicit and understand business requirements for major finance related projects and change requests.
  • Gain and apply understanding of the business in which we operate and the future domains in which we have the ambition to operate.
  • Conduct thorough analysis of proposed technology solutions using investigative and information-gathering skills to highlight the impact of solutions on business processes and systems.
  • Collaborating with cross functional teams, including IT professionals, other business analysts, and finance professionals to deliver effective solutions.y
Data analysis
  • Ability to write and interpret data queries.
  • Analise large data sets and understand the granular detail as part of the analysis phase and subsequent solution invention process.
  • Ability to use tools like Qliview / PowerBI / Excel, SQL, Databases etc. to analyse data and develop solutions.
Process improvement
  • Create visual representations of current and future processes, helping to identify areas for improvement and optimisation.
  • Conducting professional process workshops with business and technology stakeholders to gather information and identify risks.
  • Identifying, developing, and implementing necessary process improvements for key initiatives.
  • Creating and implementing process metrics, reports, and control points (Track , monitor and measure projects implemented)
  • Proactively identifying and carrying out root cause analysis of the problem.
  • Logically and accurately map business process steps according to defined standards and maintain existing refinery processes and documentation.
  • Collaborating with other stakeholders to ensure achievement of project goals
  • Driving process adoption & compliance with finance end users.
  • Keeping a systematic approach to coordinating and managing process and system change definitions and implementations.
  • Application of industry related methodologies and frameworks such as design thinking
  • Contribute to project planning, risk mitigation and scope management of key initiatives and other projects where involved in.
Problem Solving
  • Identify and address business problems and challenges by proposing effective solutions
  • Support the Finance Solutions Architect to understand the impact of Change Initiatives, own specific outcomes and independently deliver on these outcomes.
  • Participate in the design of financial systems and applications, ensuring they align with business goals and technical requirements.
Feasibility analysis
  • Assess the feasibility of proposed projects or solutions, considering factors like cost, resources and technical constraints.
  • Support the business to identify and mitigate risks associated with financial systems and processes where required (such as exchange control and other legislative requirements).
Testing and validation
  • Support user acceptance testing and creating of training material.
Change management
  • Assist in managing organisational change that result from the implementation of new processes and systems, including training and support.
Continuous improvement
  • Monitor and evaluate the performance of implemented solutions, recommending adjustments and improvements where needed.
  • Diagnosing issues and identifying opportunities for creating added value within current finance process.
  • Improve efficiencies by reviewing assigned business processes to identify and address operational, financial and technology risk.
Competencies
  • Must have an affinity for data.
  • Detailed orientated.
  • Ability to start and finish tasks.
  • Strong Planning and organisational skills.
  • Ability to influence, motivate and challenge through clear and articulate communication.
  • Investigative and information gathering skills.
  • Ability to work in a fast-paced environment and prioritise a varied workload.
  • Strong written and verbal communication skills to interrogate business needs and effectively document and communicate solutions to a range of stakeholders.
Enquiries prudence.shweni@momentum.co.za

Policy

We are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.

Momentum Metropolitan

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Job Detail

  • Job Id
    JD1277942
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    South Africa, South Africa
  • Education
    Not mentioned