Business Analyst - financial workflows

Title : Business Analyst - Financial Workflows
Location: Trenton, NJ
Work Arrangement: Hybrid
Contract: 11+ Month
Interview: Both Phone and In Person


Job Summary
Need a Business Analyst to capture requirements, synthesizing them with scope and priority and assess the expected behavior and associated risks. Perform GAP analysis and define requirements for procuring a new system.
Please Note: they are looking specifically for a business analyst with experiencein public or private sector tax, finance, audit, or accounting operations, withthe ability to understand complex financial business processes, taxregulations, fiscal reporting requirements, and agency/organizational financialworkflows preferred.
Description of Position
Primary responsibility of the Business Analyst includes facilita#ng stakeholder mee#ngs to gather func#onal requirements, iden#fying current and future business flows, the crea#on of as-is and to-be business models, and development of func#onal requirement documenta#on for a large-scale tax system moderniza#on. Addi#onally, the Business Analyst will create a requirements traceability matrix which includes performing GAP analysis as needed to validate alignment between approved requirements, current business processes, and the vendor's proposed solu#on, ensuring seamless transi#on from procurement to implementa#on. The role extends through the tes#ng lifecycle, developing comprehensive UAT strategies and test scripts/user stories, coordina#ng valida#on ac#vi#es, and ensuring deployed func#onality meets business expecta#ons. The ideal candidate would have a background in finance, accoun#ng or audit system moderniza#on.
As a key member of a project team, the Business Analyst proac#vely iden#fies and communicates poten#al business process re-engineering needs. The Business Analyst will also be responsible for crea#ng and maintaining comprehensive documenta#on, including user flow diagrams, process models, requirements traceability matrix, and ad-hoc business reports, and forms/correspondence specifica#on documenta#on.
Duties and Responsibilities

• Conduct user research to assess customer pain point and identify opportunities and risks on improving customer's Digital experience.
• Capture requirements from various stakeholders, synthesize them with scope and priority, expected behavior, and risks associated with the request
• Work with design team and involved in various brainstorming sessions and sessions to discuss the business scope, provide design feedback in terms of performance, customer experience and security measures before sharing with business stakeholders to finalize the design.
• Perform GAP Analysis and document the gap between the existing established business requirements and the "as” is business model to define requirements for the procurement of a new system
• Identify different issues/risks associated with the Epic/Feature/Stories, communicate with business team or Product owner and determine the risk mitigation plan with the team to tackle the challenge
• Ensure productivity of the team by creating and maintaining documentation
• Responsible for creating various user flow diagrams, data flow diagrams, and various ad-hoc reports as per business request.
• Assess various documentations of the project to provide feedback on the team's needs.
• Responsible for coordinating between State Agency Project Manager & Vendor to run the process flawless. Create business, logical and physical data model
• Collaborate with business partners (State Agency & Vendor) at various levels to research and validate functional requirements, technical requirements and use cases
• Create detailed functional designs, process flows and use cases
• Review, comment, follow-up and target reported defects and enhancement requests
• Participate in user meetings to gain understanding of customer processes, ideas and issues
• Work closely with vendors/developers to ensure the product is being built to specifications
• Collaborate with team members throughout the Software Development Life Cycle process for requirements gathering, feedback on proposed designs and models, and user acceptance testing
• Use best practice risk management, anticipate and assess risks and create mitigation plans
• Ensure quality, accuracy and completeness of customer
• Ability to translate high-level business and user requirements into functional requirements specifying an appropriate level of detail suitable for use by those must base their work on the requirements.
• Participate in requirements prioritization and facilitate the negotiation of requirements amongst multiple stakeholders.
• Manage requirements traceability information and track requirements status throughout the project.
• Manage changes to baselined requirements through effective application of change control processes and tools.
• Provide updates as required

Required Skills

• Business analysis and testing
• Development and documentation of requirements (business needs) for new and existing systems to address legislative changes
• Development of Requirements Traceability Matrix to ensure all requirements can be tested
• Development of Use Cases and an oversees User Acceptance Test (UAT)
• Development of test plans and data, the creation and development of test scenarios performs unit, load and performance testing in addition to integration testing
• Create business, logical and physical data models
• Create Process and Data Maps
• Create "As Is” and "To Be” Models
• Create Training Manuals
• Superior planning skills with the ability to handle large workload and facilitate the activities of dynamic work groups
• Strong technical problem-solving skills, with an ability to troubleshoot complex application issues
• Exceptional research skills and resourcefulness
• Proven ability to lead diverse groups of resources to solution agreement by leveraging influencing skills to drive consensus
• Effective communication skills; listening, written and verbal; ability to communicate complex concepts to both technical and non-technical stakeholders
• Experienced user of MS Excel, MS Word, MS Visio, MS Teams and MS PowerPoint
• Exceptional research skills and resourcefulness

Desired Skills

• Knowledge of COT/SaaS large scale implementations/modernizations
• Experience with Software Development Life Cycle (SDLC)
• Experience in the implementation of Salesforce applications preferred