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FMIS Business Analyst, ERP and Discovery Phase Experience, Hybrid Annapolis, MD

Job Description

FMIS Business Analyst, ERP and Discovery Phase Experience, Hybrid Annapolis, MD

 

We are seeking a knowledgeable and experienced FMIS Business Analyst to join the team.  The ideal candidate will have 5-7 years of relevant experience in analyzing, designing, and implementing financial systems solutions.  This role requires a strong understanding of financial concepts, excellent communication skills, and the ability to collaborate with various stakeholders to optimize financial processes.  We have 5 openings for this opportunity.  Discovery Phase experience is required for this position.  This is a hybrid position, and candidates need to be located in the Annapolis, MD area.  2 to 3 days a week in the office.

 

FMIS Business Analyst Responsibilities:

 

- Review and analyze existing financial systems, processes, and data to identify inefficiencies and improvement opportunities.

- Collaborate with stakeholders to gather, document, and prioritize business requirements for financial system enhancements.

- Translate business needs into technical specifications and design efficient and effective financial management information system solutions.

- Lead or support the implementation of new financial systems, including configuration, testing, and deployment activities.

- Develop training materials and conduct user training sessions to ensure proper system understanding and adoption.

- Provide ongoing support and troubleshooting for financial systems, addressing user issues and ensuring system functionality.

- Ensure data integrity and accuracy within financial systems, including data migration, validation, and reconciliation.

- Ensure financial systems comply with regulatory requirements, industry standards, and best practices for data security and privacy.

- Identify opportunities for process improvements, automation, and optimization within financial management processes.

- Communicate effectively with business stakeholders, IT teams, and management to ensure alignment on system requirements and project status.

- Maintain detailed documentation of system requirements, design decisions, testing results, and user guides for future reference.

- Stay current with industry trends, technologies, and best practices in financial management information systems to recommend innovative solutions.

- These responsibilities are crucial for a Financial Management Information Systems Business Analyst to effectively assess, design, implement, and support financial systems that meet the organization's needs and drive operational efficiency and effectiveness.

Qualifications

FMIS Business Analyst Qualifications:

 

- Bachelor’s degree in Finance, Accounting, Business Administration, Information Systems, or related field.

- Master’s degree or relevant certifications such as Certified Business Analysis Professional (CBAP), Certified Information Systems Auditor (CISA), or Chartered Financial Analyst (CFA) are highly desirable.

- Discovery Phase experience is required for this position.

- 5-7 years of experience as a Financial Management Information Systems Business Analyst.

- Strong knowledge of financial principles, accounting practices, and financial reporting.

- Experience in ERP systems (e.g., SAP, Oracle, Microsoft Dynamics) and financial software applications.

- 3+ years of experience in a business analyst role or performing requirements gathering functions, including for financial management/ERP modernizations.

- Strong understanding of ERP/Financial Management System concepts, modules, and best practices, with experience working with ERP systems such as Workday, Oracle, SAP, and/or CGI.

- Should have the ability to conduct workshops independently with the organization’s financial system users to document current business processes and the ability to improve and create future business process models.

- Need experience gathering requirements for one or more of the following functional areas:  General Ledger Accounting and sub-ledger accounting, Accounts Payable, Accounts Receivable, Fixed Asset Management, Inventory Management, Revenue Expenditure Accounting, Project and Grants Accounting, Budgeting and Forecasting, Procurement, Treasury and Cash Management.

- Excellent communication, problem-solving, and project management skills.

- Ability to work independently, prioritize tasks, and meet deadlines effectively.

- Experience with financial regulatory compliance (e.g., Sarbanes-Oxley Act, General Data Protection Regulation (GDPR)).

- Knowledge of Maryland state financial regulations and reporting requirements is a plus.

- A Public Trust background check is required.

 

Benefits include medical insurance, retirement plan, PTO, etc.  Salary:  110K-120K

 

Keywords:  Annapolis MD Jobs, FMIS Business Analyst, Financial Management Information Systems, Financial Reporting, Accounting, ERP, SAP, Oracle, Microsoft Dynamics, Sarbanes-Oxley Act, General Data Protection Regulation, GDPR, Systems Analyst, Business Systems Analyst, BSA, Discovery Phase, Financial, Hybrid, Maryland Recruiters, Information Technology Jobs, IT Jobs, Maryland Recruiting

 

Looking to hire an FMIS Business Analyst in Annapolis, MD or in other cities?  Our IT recruiting agencies and staffing companies can help.

 

We help companies that are looking to hire FMIS Business Analysts for jobs in Annapolis, Maryland and in other cities too.  Please contact our IT recruiting agencies and IT staffing companies today!

Additional Information

Please check out all of our jobs at www.nextstepsystems.com.

 

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Average salary estimate

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What You Should Know About FMIS Business Analyst, ERP and Discovery Phase Experience, Hybrid Annapolis, MD, Next Step Systems

Are you ready to take a significant step in your career? We are delighted to announce an exciting opportunity for an FMIS Business Analyst at our company in Annapolis, MD. In this hybrid role, you will join a dynamic team, leveraging your 5-7 years of experience to analyze, design, and implement effective financial systems solutions. Collaboration is key! You will work side by side with various stakeholders to optimize financial processes, ensuring that everyone is aligned with the project's objectives. Your technical know-how will come in handy as you translate business needs into technical specifications and support the implementation of new financial systems. Your ability to communicate complex financial concepts will help you make a valuable impact by developing training materials and conducting user sessions to ensure smooth adoption. You'll also play a crucial role in keeping data integrity intact and maintaining compliance with regulatory standards. This role requires a keen understanding of ERP systems and financial principles, alongside a proactive approach to process improvement. If you’ve got Discovery Phase experience and are looking for an opportunity to grow while contributing to a crucial area of our business, this is the role for you! We have openings for 5 individuals eager to join our innovative environment where your expertise can shine and be rewarded. Don’t miss out on the chance to become part of a fantastic team in a transformative phase.

Frequently Asked Questions (FAQs) for FMIS Business Analyst, ERP and Discovery Phase Experience, Hybrid Annapolis, MD Role at Next Step Systems
What are the key responsibilities of the FMIS Business Analyst at our company?

As an FMIS Business Analyst at our company, you will be responsible for analyzing existing financial systems and processes, gathering and prioritizing business requirements, and translating business needs into technical specifications. You will also lead the implementation of new financial systems, develop training materials, and provide ongoing support for financial systems to address user issues.

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What qualifications are required for the FMIS Business Analyst position in Annapolis, MD?

To qualify for the FMIS Business Analyst role, candidates should hold a Bachelor’s degree in Finance, Accounting, Business Administration, Information Systems, or a related field. Having a Master's degree or certifications like CBAP, CISA, or CFA is highly desirable, along with 5-7 years of relevant experience, particularly in ERP systems and financial regulatory compliance.

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Is Discovery Phase experience necessary for the FMIS Business Analyst role?

Yes, Discovery Phase experience is a key requirement for our FMIS Business Analyst position. This experience ensures you can effectively gather requirements and document business processes, which will streamline the development and implementation of financial management solutions.

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What types of financial systems will the FMIS Business Analyst work with?

The FMIS Business Analyst will work with various financial management systems, including ERP systems like SAP, Oracle, and Microsoft Dynamics. Understanding these systems will help you in analyzing, optimizing, and implementing effective financial processes that meet our organization’s needs.

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What is the potential salary for the FMIS Business Analyst role in Annapolis, MD?

The salary range for the FMIS Business Analyst position is between $110,000 and $120,000, depending on your experience and qualifications. This competitive salary reflects the importance of the role in driving operational efficiencies within our financial systems.

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Common Interview Questions for FMIS Business Analyst, ERP and Discovery Phase Experience, Hybrid Annapolis, MD
Can you explain your experience with Discovery Phase methodology as an FMIS Business Analyst?

Certainly! Discuss specific projects where you participated in the Discovery Phase, detailing how you gathered business requirements, engaged stakeholders, and documented current and future state business processes. Highlight your collaboration with teams to align goals and ensure successful implementation.

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How do you prioritize requirements when working as a Business Analyst?

Prioritizing requirements involves understanding business needs, stakeholder impact, and potential benefits. I often use techniques like MoSCoW (Must have, Should have, Could have, Won't have) to categorize requirements effectively, making it easier to focus on tasks that add the most value.

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What is your approach to ensuring data integrity within financial systems?

To ensure data integrity, I implement robust data validation and reconciliation processes. This involves establishing clear protocols for data entry, conducting regular audits, and using automated tools where possible to minimize human error while ensuring compliance with best practices.

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Can you describe a time when you helped improve a financial process?

Sure! Previously, I led a project that analyzed the Accounts Payable process, identifying bottlenecks and inefficiencies. By automating certain workflows and changing approval processes, we reduced processing time by 40%, leading to a more efficient financial operation.

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How do you stay current with trends in financial management information systems?

I follow industry news, participate in webinars, and attend relevant conferences and workshops. Networking with other professionals in the field also provides insights into innovative trends and best practices, enabling me to bring fresh ideas to my role.

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What ERP systems are you most familiar with as a Business Analyst?

I have extensive experience with SAP and Oracle, as well as exposure to Microsoft Dynamics. My expertise includes gathering requirements, assessing system capabilities, and interfacing with IT teams to ensure effective implementation and user adoption.

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How do you handle challenging stakeholders in your projects?

I believe in open communication and building rapport. I ensure to listen to their concerns, address their needs, and keep them informed of project progress. This transparency fosters trust, making it easier to navigate challenges cooperatively.

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What steps do you take to test a financial system implementation?

Testing begins with creating a detailed test plan that includes various scenarios. I then collaborate with users to execute tests, ensuring to include unit, integration, and user acceptance testing while documenting any issues for resolution prior to the final rollout.

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Can you share your experience in training users on new systems?

Absolutely! I've created training materials such as user guides and conducted hands-on training sessions. I tailor my approach based on user familiarity with the systems, ensuring to provide support and resources that enhance their understanding and confidence.

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What do you consider to be your greatest skill as an FMIS Business Analyst?

My greatest skill is my ability to bridge the gap between business needs and technical solutions. I thrive on understanding complex financial processes and translating them into actionable strategies that enhance system functionalities and drive value for stakeholders.

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Full-time, hybrid
DATE POSTED
April 4, 2025

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