Business Analyst, Financial Close, Reconciliation & Reporting

Markel•Richmond, VA

13d•$58,500 - $121,900

About The Position

Markel is seeking a detail-oriented Business Analyst to join its Financial Systems and Technology team and support Finance’s Oracle Enterprise Performance Management (EPM) applications, primarily Financial Consolidation and Close (FCCS), Account Reconciliation (ARCS), and Profitability and Cost Management (PCM). The role also supports enterprise reporting through Oracle Financial Data Integration (FDI) and Power BI. Reporting to the Manager, Oracle EPM & Reporting, the analyst partners with senior team members, IT, the Oracle R2R Product Owner, and Finance stakeholders to support day-to-day operations, enhancements, and continuous improvement of close, reconciliation, and reporting processes. This is fundamentally an accounting and process role rather than a systems role. Accounting knowledge is the core competency; training on the underlying systems will be provided. The position is described as an opportunity for an early-career professional to develop expertise in Finance systems within a collaborative global team. The analyst reviews consolidation results, reconciliation variances, and cost allocation outputs; supports requirements gathering, testing, production issue triage, process improvement, controls and documentation, audit responses, stakeholder communication, and development of guidance and training materials. The role also builds working knowledge of the connections between Oracle EPM, ERP systems, FDI, and Power BI reporting.

Requirements

Bachelor's degree in Accounting, Finance, or a related field.
Experience in a Finance or Accounting role; internship or co-op experience is considered.
Proficiency with Excel and familiarity with ERP reports and standard Power BI outputs.
Ability to translate accounting and business needs into clear written requirements, with guidance from senior team members.
Strong attention to detail and organizational skills, including the ability to manage time and priorities and consistently meet deadlines.
Strong written and verbal communication skills and ability to work effectively across Finance and IT.
Curiosity, willingness to learn, openness to feedback, and a collaborative, team-oriented approach.
Support for an environment that delivers automation and IT-based solutions, and ability to adapt to new technologies.
Ability to adapt and pivot work responsibilities based on task prioritization.
U.S. work authorization is required; Markel does not provide visa sponsorship for this position, now or in the future.

Nice To Haves

CPA or CMA certification.
Exposure to the month-end or quarter-end close process, account reconciliations, intercompany eliminations, financial consolidations, or FP&A functions such as budgeting, forecasting, and profitability analysis.
Exposure to Oracle products.
Prior experience with Oracle EPM applications (FCCS, ARCS, PCM), Oracle FDI, or financial systems.

Responsibilities

Review the reasonableness of consolidation results, reconciliation variances, and cost allocation outputs using standard templates; identify and escalate discrepancies before they affect the close.
Help validate with FP&A partners that PCM allocation outputs align with how profitability results are analyzed and presented.
Gather and document business requirements for FCCS, ARCS, PCM, and reporting enhancements, and work with senior team members to translate them into specifications for the IT functional team.
Build subject matter expertise in FCCS, ARCS, and PCM, and develop an understanding of how these applications integrate with upstream and downstream financial systems.
Support the reporting layer connecting Oracle EPM and ERP applications to Oracle FDI and Power BI, developing working knowledge of FDI data mappings, dimension crosswalks, and load rules and Power BI data models, measures, and refresh logic.
Support end-to-end testing for FCCS, ARCS, PCM, and reporting changes by executing test scenarios, documenting results, and tracking issues through closure.
Serve as an initial point of contact for production issues, perform first-level triage using accounting knowledge, and coordinate resolution with senior team members and technical teams.
Participate in improvements to close, reconciliation, and reporting processes through automation, including learning Oracle capabilities such as intelligent matching in ARCS, automation and AI features in FCCS, and allocation automation in PCM.
Use AI and other available tools to support problem solving and stay current on emerging Oracle AI and automation capabilities.
Follow documented processes and controls; keep process, control evidence, and governance documentation for FCCS, ARCS, PCM, FDI, Power BI, and related reporting processes complete and current.
Assist with responses to external audit queries and delivery of supporting information requests.
Keep stakeholders informed about work in progress and capacity, ask meaningful questions, and build effective working relationships across Finance and IT.
Assist in developing best-practice guidance and training materials for Finance team members using Oracle EPM and reporting tools.
Identify process gaps and inefficiencies and raise them, along with suggested improvements, to the team.