Proselect Insurance Company - Boston, MA
posted 4 months ago
The Senior Financial Systems Analyst is a pivotal role within the finance organization, tasked with maximizing the functionality of systems that record, report, and analyze financial transactions. This position is essential for ensuring the accuracy and integrity of critical data related to insurance policies, claims, and billing, which are integral to the financial reporting process. The analyst will administer Workday, a key financial system, making necessary updates to the Foundation Data Model (FDM), configuring financial modules, and maintaining related business processes. This role requires collaboration with various departments, including accounting and financial planning & analysis, to enhance reporting capabilities and streamline the monthly close process. In addition to system administration, the Senior Financial Systems Analyst will work closely with actuarial reserving teams to develop automated solutions for recording held reserves throughout the year. The analyst will coordinate with IT and HRIS teams to ensure best practices are followed and manage change processes within the Workday environment. A critical aspect of this role involves monitoring new functionalities and recommending process improvements to enhance operational efficiency. The analyst will also be responsible for conducting quality testing and user acceptance testing for system upgrades and changes, ensuring that all financial scenarios are thoroughly vetted. The position also requires providing support to external auditors during financial statement audits, ensuring that all necessary information is readily available. The Senior Financial Systems Analyst will engage in special projects as assigned, contributing to the overall success of the finance organization and the company as a whole.