Senior Business Analyst

Senior Business Analyst – Sompo

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This role is responsible for business analysis across all finance related projects and services. The position supports proactive solutions to achieve business process efficiency, corporate goals, and service excellence.

Location: Purchase, NY / New York City / Morristown, NJ / Conshohocken, PA / Charlotte, NC. We strive for collaboration where employees develop long lasting careers.

• Direct and oversee the evolution of IT’s business requirements activities across the Finance portfolio. Ensure that the solutions developed support the Finance department in achieving their strategic and tactical objectives.
• Lead requirements definition for Finance solutions. Collaborate closely with stakeholders to understand their business requirements, informational needs and data sources. Translate these business needs into clearly defined and documented detailed business requirements/functional requirements inclusive of business use cases, process flows, data flows, traceability matrices as well as report mock‑ups. Ensure that processes are implemented to take full advantage of the capabilities of the system.
• Implement system automation to enhance process efficiency, improve data quality and reduce manual errors.
• Plan and facilitate user acceptance testing with business stakeholders and project managers to obtain user acceptance test sign‑off.
• Lead a small team of business analysts. Facilitate prioritization, resource management and support decision making. Review work products as needed and address escalated issues. Manage team member development including orientation, training, performance management, counseling and disciplinary action as needed.
• Collaborate with IT leadership and business partners to direct IT investments in support of the overall Finance business strategy. Develop business case justifications and cost/benefit analyses for IT spending and initiatives.
• Maintain regular communications with Finance department managers and business process managers regarding pertinent IT activities.
• Oversee the enforcement of business analysis processes, departmental standards, style requirements and all other procedures necessary to meet the business objectives and quality standards for IT deliveries.
• Recommend, design and monitor IT process improvement activities aimed at reducing costs, improving quality and speed to market.
• Perform other duties as assigned.

• Bachelor’s degree in Accounting or Finance is required;
  Master’s Degree in Accounting, Finance, Information Systems management or MBA preferred.
• Accounting and/or Finance operations experience is required.
• 7+ years’ experience in financial systems implementation work, with at least:
  • 5+ years’ in the Insurance industry with a focus on Finance.
  • 2+ years’ experience managing business analysis teams.
  • Experience in technology implementation and support.
  • 3+ years’ experience with SAP FS-CD and FS-GL on HANA.
• Demonstrated business savvy to work effectively with other managers and leaders to achieve key business and technology goals.
• A track record of successful large project implementations.
• Experience in building a new model to serve the IT needs of a growing and change‑oriented company.
• Proven leadership ability to effectively manage a team of IT professionals and contractors.
• Demonstrated project management skills.
• Ability to handle demanding workloads to meet objectives.
• Lean Six Sigma experience, a plus.

Salary Range: 110,000 – 140,000. Actual compensation will depend on factors such as cost of living, qualifications, skills, competencies, and relevant experience.

• Two medical plans to choose from, including a Traditional PPO and a Consumer Driven Health Plan with a Health Savings account and competitive employer contribution.
• Pharmacy benefits with mail‑order options.
• Dental benefits including orthodontia benefits for adults and children.
• Vision benefits.
• Health Care & Dependent Care Flexible Spending Accounts.
• Company‑paid Life & AD&D benefits, plus the option to purchase supplemental life coverage for employee, spouse, and children.
• Company‑paid Disability benefits with competitive salary continuation payments.
• 401(k) Retirement Savings Plan with competitive employer contributions.
• Competitive paid‑time‑off programs, including company‑paid holidays.
• Competitive Parental Leave Benefits & Adoption Assistance program.
• Employee Assistance Program.
• Tax‑Free Commuter Benefit.
• Tuition Reimbursement & Professional Qualification benefits.

Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone’s unique contributions – we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.