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Sr Business Analyst - Cleveland, OH

Photon
Posted 2 months ago, valid for 14 days
Location

Chicago, IL 60678, US

Salary

$70,000 - $84,000 per year

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Contract type

Full Time

Retirement Plan
Paid Time Off

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Sonic Summary

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  • The Senior Business Analyst for Accounting & Finance Conversions in Cleveland requires 8-12+ years of experience in Banking or Financial Services.
  • This role involves leading requirements analysis, data mapping, and functional design for system conversions and regulatory transformations.
  • The candidate will serve as a liaison between business stakeholders and technology teams to ensure compliant and timely conversions.
  • Compensation for this position ranges from USD 43,000 to USD 152,000, depending on the candidate's experience and qualifications.
  • Benefits include medical, vision, and dental coverage, a 401k retirement plan, and paid time off for full-time employees.

Job Title: Senior Business Analyst – Accounting & Finance Conversions Location: Cleveland Experience: 8–12+ years Job Summary

The Senior Business Analyst will play a critical role in accounting and finance conversion initiatives for a large banking client. This role involves leading requirements analysis, data mapping, and functional design for system conversions, regulatory-driven transformations, and platform modernization programs. The candidate will act as a bridge between business stakeholders, finance teams, and technology delivery teams to ensure accurate, compliant, and timely conversions.

Key Responsibilities

  • Lead business analysis activities for accounting and finance system conversions, including core banking, GL, sub-ledger, and reporting platforms
  • Work closely with Finance, Accounting, Risk, and Operations stakeholders to gather and document business requirements
  • Analyze current-state vs. future-state processes, identifying gaps and impacts due to conversion
  • Define and document:
    • Business Requirements Documents (BRD)
    • Functional Requirements / User Stories
    • Data mapping and transformation rules
    • Reconciliation and validation requirements
  • Support chart of accounts mapping, journal entry logic, balances conversion, and historical data migration
  • Ensure alignment with banking regulations and accounting standards (GAAP, IFRS, SOX, Basel, etc.)
  • Partner with technology teams to clarify requirements and support solution design
  • Support SIT, UAT, and parallel run activities, including defect triage and resolution
  • Validate conversion results through reconciliations, variance analysis, and control checks
  • Provide leadership and mentorship to junior business analysts
  • Communicate status, risks, and dependencies to project leadership and client stakeholders

Required Qualifications

  • 8+ years of experience as a Business Analyst in Banking or Financial Services
  • Strong experience with accounting/finance system conversions or transformations
  • Solid understanding of:
    • General Ledger (GL)
    • Sub-ledgers (Loans, Deposits, Payments, Cards, etc.)
    • Financial close and reporting processes
  • Experience working with large-scale data migration and conversion programs
  • Strong knowledge of banking accounting principles and regulatory requirements
  • Proven ability to work with cross-functional and geographically distributed teams
  • Excellent documentation, communication, and stakeholder management skills

Preferred Qualifications

  • Experience with core banking platforms (e.g., Finacle, Temenos, FIS, Fiserv, Flexcube)
  • Exposure to ERP or finance platforms (Oracle Financials, SAP S/4HANA, PeopleSoft)
  • Experience with Agile and/or Waterfall delivery models
  • Prior consulting experience or client-facing role
  • Knowledge of data tools (SQL, Excel, reconciliation tools) is a plus

Compensation, Benefits and Duration

Minimum Compensation: USD 43,000
Maximum Compensation: USD 152,000
Compensation is based on actual experience and qualifications of the candidate. The above is a reasonable and a good faith estimate for the role.
Medical, vision, and dental benefits, 401k retirement plan, variable pay/incentives, paid time off, and paid holidays are available for full time employees.
This position is available for independent contractors
No applications will be considered if received more than 120 days after the date of this post
 




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