Sr. Business Financial Analyst

HEXAWARE•United States,
•Onsite

About The Position

Hexaware Technologies is seeking a Senior Business Analyst with financial services experience and hands-on expertise in accounting use cases. The role bridges business and technology, partnering with IT stakeholders to support application modernization initiatives. The position is based in McLean, Virginia, and is onsite five days per week. The analyst will gather and translate business requirements across finance, accounting, and operations; document current and future processes; support solution design and user acceptance testing; and act as a liaison between business users and development teams throughout the software development lifecycle. Modernization efforts may include legacy-system migration, re-platforming, cloud adoption, and microservices decomposition. The role requires 10–12 years of overall Business Analyst experience, significant financial-domain experience, and demonstrated work with accounting processes such as general ledger, accounts payable and receivable, reconciliations, financial close, regulatory reporting, chart of accounts, and sub-ledger accounting. A bachelor’s degree in a related field is required.

Requirements

  • 10 to 12 years of overall experience as a Business Analyst, with a significant portion in the financial domain.
  • Demonstrated experience with accounting business use cases, such as general ledger, accounts payable/receivable, reconciliations, financial close, regulatory reporting, chart of accounts, or sub-ledger accounting.
  • Strong knowledge of accounting and financial processes and the systems that support them.
  • Understanding of application architecture, integrations and APIs, databases, data flows, and cloud concepts.
  • Hands-on experience driving or supporting application modernization or legacy transformation initiatives.
  • Proficiency with requirements and process modeling tools such as JIRA, Confluence, Visio, Lucidchart, or Enterprise Architect.
  • Strong SQL and data analysis skills for data validation, mapping, and reconciliation.
  • Experience with Agile and Waterfall delivery methodologies.
  • Strong stakeholder management, communication, and documentation skills.
  • Bachelor’s degree in Finance, Accounting, Information Systems, Business, or a related field.

Nice To Haves

  • Experience in the loan or mortgage industry, particularly the secondary market and loan accounting, such as loan sales/securitization, investor accounting, servicing accounting, gain/loss on sale, loan-level accounting, or GSE/agency work.
  • Certifications such as CBAP, PMI-PBA, CSPO, CSM, or accounting credentials such as CPA, CMA, or CA.
  • Exposure to ERP or financial platforms such as SAP FICO, Oracle Financials, Workday, or PeopleSoft.
  • Knowledge of regulatory and compliance frameworks such as IFRS, US GAAP, or SOX.
  • Experience with AWS in a modernization context.
  • Familiarity with data warehousing, reporting, and analytics tools.

Responsibilities

  • Elicit, analyze, document, and validate business requirements from finance, accounting, and operations stakeholders.
  • Translate accounting and financial processes into functional and non-functional requirements.
  • Partner with IT stakeholders to drive and support application modernization programs, including legacy migration, re-platforming, cloud adoption, and microservices decomposition.
  • Create BRDs, FRDs, user stories, process flows, data flow diagrams, use cases, and traceability matrices.
  • Conduct gap analyses between current-state and future-state processes and systems.
  • Facilitate workshops, requirements sessions, and alignment across business and technology teams.
  • Support solution design discussions and ensure alignment between business needs and technical feasibility.
  • Define and support UAT, including test scenarios, test cases, and defect triage.
  • Liaise between business users and development teams throughout Agile, Scrum, or hybrid SDLC delivery.
  • Identify risks, dependencies, and process improvement opportunities during modernization efforts.

Benefits

  • Excellent health benefits with low-cost employee premiums.
  • Voluntary benefits including legal, identity theft, and critical care coverage.
  • Unlimited training and upskilling opportunities through Udemy and Hexavarsity.
  • Competitive salary.
  • Company pension scheme.
  • Comprehensive health insurance.
  • Flexible work hours and hybrid work options.
  • Paid annual holidays and public holidays; the number of days is not specified.
  • Professional development and training opportunities.
  • Employee Assistance Program (EAP).
  • Diversity, equity, and inclusion initiatives.
  • Company events and team-building activities.
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