Finance Transformation Analyst

5 days ago

Coimbatore, India REHAU Global Business Services Full time

Position Summary

We are seeking a detail-oriented Chartered Accountant to support and drive finance transformation initiatives that enhance efficiency, improve reporting, and streamline financial operations.

The Finance Transformation Analyst will work closely with finance and project teams to analyze current processes, gather requirements, and help implement technology solutions, such as SAP cFIN, SAC and various other allied tools. This role requires a strong analytical mindset, familiarity with financial systems, and excellent communication skills to support key stakeholders and drive change.


Key Area of Responsibilities:

  • Data Analysis and Process Mapping
  • Conduct detailed analysis of current finance processes, identifying inefficiencies and areas for improvement.
  • Create and maintain process maps, documenting workflows and suggesting improvements based on best practices and business requirements.
  • Perform data analysis to support decision-making and provide insights into the effectiveness of existing finance operations.
  • Requirements Gathering and Solution Design
  • Collaborate with finance, IT, and project teams to gather and document requirements for finance transformation initiatives.
  • Assist in designing solutions, including process improvements and technology implementations, that align with organizational goals.
  • Translate business requirements into functional specifications and work with technical teams to support system configuration.
  • Project Support and Coordination
  • Support the project manager in tracking project timelines, milestones, and deliverables, ensuring finance transformation projects stay on track.
  • Help coordinate project tasks, such as user testing, data validation, and system integration, to ensure successful project execution.
  • Prepare status updates and project documentation to keep stakeholders informed of progress and potential risks.
  • Testing and Data Validation
  • Develop test cases and support testing activities, including system integration testing (SIT) and user acceptance testing (UAT).
  • Conduct data validation and reconciliation to ensure data accuracy and consistency between new and existing systems.
  • Work with finance and IT teams to troubleshoot issues, providing solutions to resolve data or process discrepancies.
  • Change Management and Training Support
  • Assist in change management activities, preparing training materials, and conducting user training sessions to ensure smooth adoption of new systems and processes.
  • Communicate transformation objectives and updates to finance users, providing guidance and addressing concerns related to new tools and processes.
  • Support end-users post-implementation to ensure they are comfortable with the new system and processes.
  • Continuous Improvement and Reporting
  • Monitor and report on the performance of transformed processes, analyzing metrics to assess improvements and identify additional optimization opportunities.
  • Develop dashboards and reporting tools to provide insights into the effectiveness of finance transformation efforts.

Contribute to continuous improvement initiatives within the finance function, sharing ideas and best practices for process optimization.


Qualifications

Chartered Accountant

Bachelors in Commerce (Accounting)

SAP FICO certification would be an added advantage


Experience

2-4 years of experience in finance, accounting, or finance transformation, with exposure to SAP or process improvement projects.

Experience with SAP ECC/HANA and data analysis is preferred.

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