Financial Functional Analyst I

Posted 15 Days Ago
Trenton, NJ
In-Office
61K-77K Annually
Junior
Insurance
The Role
The Financial Functional Analyst gathers, analyzes, and documents business processes for financial operations, collaborating with finance units and providing technical support for financial systems.
Summary Generated by Built In

The Financial Functional Analyst is responsible for gathering, analyzing and documenting business and/or system processes and requirements for all financial departments and applications.

The focus of this position is to work closely with the finance business units and serve as a liaison to gain in-depth understanding of business strategy, processes, financial systems, and the context in which the business operates. This role will handle lights on production for financial systems, support financial operations, along with addressing business challenges and improvements.

Multiple opportunities are available.

Essential Duties and Responsibilities:

  • Responsible for assessing business problems, consulting industry best practices, and offering creative solutions.
  • Demonstrate strong analytical skills and business process improvement methodologies.
  • Participates in requirements elicitation, analysis, and testing activities for the business technology solutions and or data/reporting efforts and prepares appropriate documentation for each phase.
  • Able to work under time constraints and provide informative updates to department leadership.
  • Writes and executes test plans and scenarios in support of business and technology projects, including integrations with other systems.  Participate in cross-functional testing initiatives.
  • Conducts post-deployment smoke testing activities along with change management support.
  • Assists in providing information for cost-benefit analysis (CBA) for project and process initiatives.
  • Facilitates meetings with the department and other business units
  • Ability to collaborate closely with functional stakeholders, end users, and leads on configurations and solutions within Workday and Financial Systems
  • Provides technical support for monthly close process including key reconciliations

Required Qualifications:

  • Bachelor’s Degree required in Accounting, Finance, or Information Systems
  • 0-3 years of work experience with finance or accounting,
  • Experience in an analytical role preferred
  • Experience implementing financial processes and systems and developing end user training preferred
  • Strong organizational and time management skills
  • Demonstrated ability to adapt to frequent and unexpected changes.
  • Strong analytical and problem-solving skills.
  • Demonstrated ability to write and communicate clearly, concisely, and in a manner that connects to a wide audience (i.e., technical, non-technical staff).

Preferred Qualifications:

  • Property and Casualty Insurance industry knowledge a plus.

Compensation: Salary is commensurate with experience and credentials.

Pay Range: $61,256-$77,255

Eligible full-time employees receive a competitive Total Rewards package, including but not limited to a 401(k) with employer match up to 8% and additional service-based contributions, Health, Dental, and Vision insurance, Life and Disability coverage, generous PTO, Paid Sick Leave, and paid parental leave in addition to state-mandated leave. Employees may also be eligible for discretionary bonuses.

Legal Disclaimer: NJM is proud to be an equal opportunity employer. We are committed to attracting, retaining and promoting a diverse and inclusive workforce that is fully representative of the diversity that exists in the communities in which we do business.

Top Skills

Financial Systems
Workday
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: West Trenton, NJ
1,929 Employees
Year Founded: 1913

What We Do

NJM is among the Mid-Atlantic's leading property and casualty insurers. Founded in 1913, NJM's mission is to provide value-based insurance solutions to its policyholders with the highest levels of service, integrity, and financial stewardship. The Company operates in a mutual fashion for the exclusive benefit of its policyholders. Headquartered in West Trenton, NJ, with offices in Hammonton and Parsippany, NJM employs nearly 2,500 workers.

- 2019-2023 Forbes Best In-state Employer (Ranked #11 out of 89 NJ employers in 2023)
- 2018, 2019, 2020, 2021, certified by J.D. Power for providing "An Outstanding Auto Claims Experience" for personal lines customers*
- 2018, 2019, & 2020 Clearsurance Customers’ Choice Top Ranked Insurance Companies
- 2021 American Heart Association Gold Level Workplace Health Achievement
- 2020 American Heart Association Silver Level Workplace Health Achievement
- 2019 Forbes Best Mid-size Employers in the country

*J.D. Power Auto Claims Certification Program℠ recognition is based on successful completion of an audit, exceeding a customer experience benchmark through a survey of recent claims servicing interactions, and a Financial Strength rating. For more information, visit jdpower.com.

Similar Jobs

Mondelēz International Logo Mondelēz International

Director, Sustainability Digital Services (Product Group Manager)

Big Data • Food • Hardware • Machine Learning • Retail • Automation • Manufacturing
Hybrid
3 Locations
90000 Employees
143K-235K Annually

Ericsson Logo Ericsson

Sales Director Cloud Software and Svcs

Cloud • Information Technology • Internet of Things • Machine Learning • Software • Cybersecurity • Infrastructure as a Service (IaaS)
In-Office
Morristown, NJ, USA
89000 Employees
165K-215K Annually

Rapid7 Logo Rapid7

Director, Product Management (SIEM)

Artificial Intelligence • Cloud • Information Technology • Sales • Security • Software • Cybersecurity
Remote or Hybrid
United States
2400 Employees
206K-278K Annually

MetLife Logo MetLife

IAM Database Intelligence Engineer

Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
Remote or Hybrid
United States
43000 Employees
100K-145K Annually

Similar Companies Hiring

Globe Life Thumbnail
Insurance • Financial Services
McKinney, TX
1657 Employees
MassMutual India Thumbnail
Insurance • Information Technology • Fintech • Financial Services • Big Data
Hyderabad, Telangana
Granted Thumbnail
Mobile • Insurance • Healthtech • Financial Services • Artificial Intelligence
New York, New York
23 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account