Senior Business Analyst

2 weeks ago

New Delhi, India STGI Full time

About the Role : The Business Analyst will support the design, analysis, and improvement of banking systems and operational workflows related to General Ledger, Accounting, and End-of-Day (EOD) processing. This role requires a strong foundation in banking operations, financial accounting, and system integration. The ideal candidate will work closely with technology teams, operations, and finance stakeholders to ensure process accuracy, control, and efficiency across core banking and financial reporting systems. Key Responsibilities : Process Analysis : Analyze and document current processes across General Ledger, Accounting, and EOD operations, identifying improvement opportunities and automation potential. Requirement Gathering : Collaborate with business users, operations, and IT teams to define functional requirements for system enhancements and new solutions. System Integration : Support mapping and reconciliation between core banking systems, sub-ledgers, and the General Ledger. Ensure financial balances align across systems. End-of-Day Operations : Oversee or support daily EOD cycles, validating transaction postings, batch processing, and settlement accuracy. Issue Resolution : Investigate and resolve accounting or system discrepancies, performing root-cause analysis and recommending preventive measures. Testing & Validation : Support functional testing, UAT, and data validation for new releases or system upgrades. Reporting & Documentation : Maintain clear business and process documentation, prepare operational and exception reports, and assist in management reporting as needed. Stakeholder Collaboration : Work with Accounting, Treasury, Operations, and IT to ensure business objectives and compliance requirements are met.Qualification :Education : Bachelor’s degree in Accounting, Finance, or Information Systems (MBA or CA/CPA equivalent preferred). Experience: 5–8 years of experience as a Business Analyst within the banking or financial services domain, with focus on General Ledger and accounting operations. Technical Skills: Proficiency in core banking systems and financial modules. Strong knowledge of General Ledger posting logic, reconciliation, and balance sheet controls. Familiarity with EOD batch processes, interfaces, and reporting tools. Advanced Excel and data analysis proficiency (SQL skills a plus). Knowledge : Deep understanding of accounting principles, regulatory reporting, and financial control frameworks. Soft Skills : Strong analytical thinking, communication, and problem-solving skills. Ability to coordinate across business and technology teams in dynamic environments.Preferred Experience Exposure to core banking systems such as Finacle, Flexcube, or Temenos. Experience in automation or process improvement initiatives for financial close cycles. Understanding of multi-currency and multi-entity accounting structures.About STGi: STGi is the Indian subsidiary of Summit Technology Group — a team of Bankers, Cloud Engineers, and Technologists. We help organizations execute progressive operational and technology strategies leveraging public cloud platforms and automation to drive efficiency and innovation in financial services.

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