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Director of Financial Systems

An insurance firm is looking for a Director, Financial Systems to join their team in White Plains, NY.Compensation: $115-125KThis role is responsible for the support, enhancement and administration of the Oracle Financial applications (General Ledger, Payables, Receivables, Cash Management and Fixed Assets).Responsibilities:• Work closely with finance business users on requirements, and implementation of business processes and new features• Work with technology team members and developers to design, QA, and implement new features and system modifications as they relate to the various business units• Provide operational support to business users, helping them use Oracle tools efficiently and utilize new functionality• Perform QA testing for projects, rollout of new features, bug fixes, upgrades, etc.• Conduct conference room pilots, end-user training and testing, and business process engineering• Create documentation for business processes, system changes, and any other necessary documentation• Coordinate work and manage projects between multiple business groupsQualifications:• Bachelor’s Degree or equivalent education/experience• 5+ years experience working with Oracle EBS R12• Expertise in Multi-Org Oracle Financials, General Ledger, Payables, Receivables, Cash Management and Fixed Assets• Knowledge of finance and/or accounting principles• Experience in engaging Oracle Support to research and resolve issues• Experience with low-level ad-hoc query tools (Toad, SQLPlus) and a working knowledge SQL queries• Proven record of good judgment in solving problems and handling challenges• Ability and desire to work with technical and non-technical people• Excellent written and verbal communication skills• Experience with Excel4Apps is a plus
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CEO of Open Systems Technologies
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Harold Herling
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Average salary estimate

$120000 / YEARLY (est.)
min
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$115000K
$125000K

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What You Should Know About Director of Financial Systems, Open Systems Technologies

Are you ready to step into an exciting leadership role? An established insurance firm in White Plains, NY is on the lookout for a Director of Financial Systems! This position offers a competitive salary between $115,000 and $125,000 and presents a unique opportunity to work with cutting-edge Oracle Financial applications. In this role, you will be the go-to person for stakeholders, partnering closely with finance business users to gather requirements, enhance processes, and roll out new features that drive efficiency and results. Your strategic mindset will shine as you collaborate with our technology team to design, QA, and implement critical system modifications throughout various business units. Operational support will be a key part of your responsibilities, ensuring users get the most out of Oracle tools while navigating any complexities. Additionally, you will perform QA testing, conduct training sessions, and create vital documentation that helps keep our processes clear and effective. If you're passionate about finance, have a strong grip on Oracle EBS R12, and possess excellent communication skills, this Director of Financial Systems role could be your next big career move!

Frequently Asked Questions (FAQs) for Director of Financial Systems Role at Open Systems Technologies
What are the main responsibilities of a Director of Financial Systems at an insurance firm?

The Director of Financial Systems at an insurance firm is responsible for the support, enhancement, and administration of Oracle Financial applications, which include General Ledger, Payables, Receivables, Cash Management, and Fixed Assets. Key responsibilities involve working with finance business users to identify requirements, managing projects across various business groups, providing operational support for the Oracle tools, and ensuring effective documentation and QA testing processes.

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What qualifications are required for a Director of Financial Systems position?

To qualify for the Director of Financial Systems position, candidates typically need a Bachelor’s Degree or equivalent experience, along with at least 5 years of working experience with Oracle EBS R12. In-depth knowledge of Multi-Org Oracle Financials and finance principles is essential, along with experience in utilizing low-level ad-hoc query tools and SQL queries. Strong communication skills and a proven ability to collaborate with both technical and non-technical teams are also crucial.

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What technical skills are necessary for the Director of Financial Systems role?

In the Director of Financial Systems role, proficiency in Oracle Financial applications, specifically General Ledger, Payables, Receivables, Cash Management, and Fixed Assets, is critical. Familiarity with SQL and tools like Toad and SQLPlus is also necessary. Experience with Excel4Apps can give candidates an added edge, as leveraging Excel reports in conjunction with Oracle data can enhance decision-making.

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How does the Director of Financial Systems interact with other departments?

The Director of Financial Systems regularly collaborates with various departments, especially finance and technology teams. This role involves gathering requirements from finance business users, coordinating projects, and providing essential operational support, ensuring that stakeholders across the firm can effectively utilize Oracle tools for their needs.

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What type of experience is beneficial for a Director of Financial Systems in an insurance company?

Experience in the insurance sector can be highly beneficial for a Director of Financial Systems, as it provides context and understanding of industry-specific financial requirements. Additionally, hands-on experience with Oracle Financial applications and familiarity with business processes prevalent in insurance will set candidates apart in this role.

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Common Interview Questions for Director of Financial Systems
Can you describe your experience with Oracle EBS R12?

When answering, focus on specific modules you've worked with, such as General Ledger or Cash Management. Highlight your direct experience, any challenges you faced, and how you contributed to successful implementations or enhancements.

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How do you prioritize tasks when managing multiple projects?

Share your strategy for prioritizing tasks, perhaps by using tools like project management software or prioritization matrices. Highlight how you communicate with stakeholders to ensure everyone is aligned on priorities.

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What methods do you use for QA testing in Oracle applications?

Discuss specific QA testing methods you've employed, such as test case development and execution, user acceptance testing, and how you gather feedback from end-users to refine processes.

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Describe a time when you had to train non-technical staff on a complex financial tool.

Provide an example where you simplified a complex topic for non-technical users, emphasizing your communication skills and ability to relate to diverse audiences.

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How do you stay updated with changes in financial regulations and Oracle updates?

Talk about specific resources you utilize, such as webinars, forums, or industry publications. Mention any certifications or training you’ve undertaken to ensure your skills remain relevant.

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What role does documentation play in your workflow?

Emphasize the importance of documentation in ensuring clarity and consistency across projects. Share how you handle documentation for system changes and business processes.

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Can you give an example of a successful project you managed?

Outline a specific project, your role in it, the challenges faced, the solutions you implemented, and the positive outcomes for the organization.

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How do you handle conflicts or disagreements within a team?

Discuss your approach to conflict resolution, emphasizing active listening, empathy, and striving for collaborative solutions.

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What tools do you prefer for data analysis and reporting?

Mention any specific tools you’re experienced with, like SQLPlus, Toad, or Excel, and discuss how you leverage these tools to provide insights and make data-driven decisions.

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Why do you want to work as a Director of Financial Systems at our company?

Tailor this answer to reflect your interest in their specific company, the role's responsibilities, and how your background and skills align with the company’s goals and culture.

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We don’t set your limits, you do. At Open Systems Technologies, hardworking, team-oriented, and motivated individuals are rewarded with packages for their success. Employees are encouraged to run their own books of business as autonomy and an entr...

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Full-time, on-site
DATE POSTED
December 23, 2024

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