Sr Business Analyst

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