Sr Business Analyst - Cleveland, OH
Photon · United States · $43,000 (stated in the posting)
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