Business Analyst - Financial Accounting

VAM SYSTEMS is a Business Consulting, IT Technology Solutions and Services Company with operations in UAE, Qatar, USA, Singapore & India.
We are currently looking for Business Analyst – Financial Accounting for our UAE operations with the following skill set and terms and conditions:
Job Purpose
To support Work stream Delivery Manager for implementation of Enterprise Financial Management (EFM) initiative
To join the business team setting up and testing the configuration of the general-ledger package, with particular focus on setting up of accounting rules, chart of accounts, product accounting & reconciling data against current product systems.
To ensure vendor delivery & module delivery in EFM project activity, ensuring compliance with all controls & security requirements
To ensure EFM project deliverables are covered optimally in EFM implementation

Main Job Tasks
1. Support management of vendor deliverables / project task deliverables, module implementation tasks, project scope
2. To create project documentation, support risks and escalation procedures. Reinforce a sense of accountability and responsibility for delivering highest quality and value to the business
3. To join the business team setting up and testing the configuration of EFM with particular focus on reconciling against current systems, building implementation cases and scenarios for the business, analysing transactional & posting data from sources, configuring system as per user requirements, analysing & investigating gaps and taking part in formal business acceptance testing
4. Analyzing and reconciling transaction / posting data from source systems to the general-ledger package
5. Build vendor & team relationships
6. Provide timely performance and support effective usage of the Oracle solution in the user community
7. Provide expertise and skills to other functions within Finance Information systems department as and when required
8. Provide support for sub-projects as needed, including simplification/process improvements and Oracle implementation. Provide support and back-up assistance to other Finance team members, as needed

Judgment / Complexity
1. Sound judgment is required in understanding the Group’s functional environment and identifying gaps & weaknesses and suggesting measures to address them.

2. Judgment & complexity arises in implementing new systems initiatives for Finance across the Group

3. Judgment and complexity arise in establishing productive working relationships with internal functional specialists, IT specialists, Businesses, Operations and external consultants


Know-how / Experience

1. Qualified accountant with previous experience (minimum 5 years) in the area of systems for Banking / Financial Services

2. Should possess excellent knowledge of Banking products & transactions and have extensive knowledge of relevant banking processes – Financial, Management, Regulatory reporting

3. Awareness of relevant statutory & regulatory reporting requirements

4. In depth knowledge of testing mechanisms, banking process, practical experience of hands-on roles, limited project management skills.

5. Knowledge about Financial Consolidations and roll-up consolidated reporting, Core accounting and reporting, including account reconciliations and month-end close activities.

6. Excellent communication skills with emphasis on ability to influence and lead others, strong data analysis skills, able to work tight deadlines

7. Working software knowledge to include all MS Office products including advanced skills in Excel and Oracle General Ledger

8. Experience with The bank systems & processes beneficial


Domain : Banking

Experience : Minimum 5yrs.

Terms and conditions:

Joining time frame: 2 weeks (maximum 4weeks)


The selected candidates shall join VAM SYSTEMS – UAE and shall be deputed to one of the leading banks in UAE

Should you be interested in this opportunity, please send your latest resume in MS Word format at the earliest at nishanthini.suda@vamsystems.com or If there is any queries you can chat with me on nishanthini_28@hotmail.com,vamandvin@yahoo.co.in, vamandvin@gmail.com, Skype ID is nishanthini2 or call us +91 471-3015245 or 2311320.
VAM SYSTEMS FZC
NE-2 8, SAIF Zone
Sharjah, United Arab Emirates.
Tel: +971-6-5570407
Fax: +971-6-5570958
Tel: +91-471-3015245 (India) Fax: +91-471-2310430 (India)
www.vamsystems.com