At a Glance
- Tasks: Lead finance transformation projects and drive innovative solutions for major clients.
- Company: Join TCS, a purpose-led transformation company making a meaningful impact globally.
- Benefits: Permanent role with competitive salary, full-time hours, and opportunities for professional growth.
- Other info: Dynamic work environment with a focus on diversity, inclusion, and wellbeing.
- Why this job: Be a trusted partner in finance, shaping the future of financial services.
- Qualifications: Experience in finance sub-ledger implementations and strong data analysis skills required.
The predicted salary is between 49500 - 60500 £ per year.
Are you looking to leverage your skills in Finance Transformation? We have a great opportunity for you – Senior Finance Business Analyst!
Careers at TCS: It means more. TCS is a purpose-led transformation company, built on belief. We do not just help businesses to transform through technology. We support them in making a meaningful difference to the people and communities they serve - our clients include some of the biggest brands in the UK and worldwide. For you, it means more to make an impact that matters, through challenging projects which demand ambitious innovation and thought leadership.
Be a trusted partner to Finance leadership and CFO stakeholders, with a proven ability to drive requirement definition, solution design, testing, and successful business outcomes. Combines deep Finance and accounting expertise with strong data analysis skills to translate complex business requirements into scalable technology solutions.
The Senior Finance Business Analyst for Finance Transformation is responsible for leading requirement gathering workshops and document business requirements that meet the IT team's Definition of Ready criteria. Trace requirements to proposed solutions to ensure completeness, accuracy, and alignment with business objectives.
Key Responsibilities:
- Perform data analysis to generate insights into in-scope products and define the corresponding accounting treatments.
- Translate and communicate business requirements to IT teams to ensure a comprehensive understanding of functional and non-functional needs.
- Support end-to-end testing of finance product sub-ledger solutions, including validation of accounting outcomes and data integrity.
- Provide regular status updates, key risks, dependencies, and progress reports to the reporting manager and project stakeholders.
- Identify opportunities to streamline processes, improve solution design, and accelerate requirement definition and delivery.
- Collaborate and coordinate across multiple business, finance, and technology teams to drive successful project execution.
- Partner with Finance, Accounting, and Technology stakeholders to ensure solutions comply with accounting standards, regulatory requirements, and target-state operating models.
Your Profile
Essential skills/knowledge/experience:
- Proven experience as a Business Analyst on at least two Finance Sub-Ledger implementation programs within a Banking or Insurance organization.
- Demonstrated expertise in facilitating requirement gathering workshops, documenting business requirements that satisfy IT Definition of Ready standards and coordinating delivery across multiple technology teams.
- Strong understanding of Finance operating processes, including daily, monthly, quarterly, and year-end close activities.
- Deep knowledge of Finance data models, accounting hierarchies, financial reporting structures, and data lineage.
- Hands-on experience performing data analysis, including large-volume data validation, reconciliation, and querying using SQL or similar analytical tools.
- Experience supporting end-to-end testing of Finance Sub-Ledger platforms, including test scenario definition, execution support, defect analysis, and business validation.
- Proven ability to map business requirements to target-state solutions and identify gaps, dependencies, and data implications to ensure complete solution coverage.
- Strong stakeholder management and communication skills, with the ability to translate complex finance and technology concepts into business language for Finance leadership and CFO-level stakeholders.
- Ability to articulate accounting treatments for complex financial products and validate solution outcomes against accounting and reporting requirements.
- Experience working closely with Finance, Accounting, Technology, Data, and Architecture teams within large-scale Finance Transformation programs.
- Experience with Finance Transformation and Sub-Ledger modernization programs involving market leading Finance platforms.
- Strong understanding of IFRS accounting standards, including IFRS 9, IFRS 15, and IFRS 17 (for insurance organizations).
- Familiarity with UK financial services regulatory reporting requirements, including PRA and FCA reporting frameworks.
- Experience working within UK banking, insurance, wealth management, or capital markets organizations.
- Knowledge of financial controls, governance, reconciliations, and audit requirements within regulated financial institutions.
- Experience supporting finance data sourcing, data lineage, data quality, and data reconciliation initiatives.
- Familiarity with Agile delivery methodologies and requirements management tools such as JIRA or equivalent.
- Experience in large-scale Finance Transformation programs involving General Ledger, Sub-Ledger, Financial Reporting, Regulatory Reporting, and Data platforms.
- Understanding of target operating model design, process optimization, and automation within Finance functions.
- Professional qualifications such as ACA, ACCA, CIMA, CPA, or equivalent would be advantageous.
Senior Finance Business Analyst employer: Tata Consultancy Services
Tata Consultancy Services in Birmingham is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. With competitive salary packages, comprehensive health care, and extensive training resources, employees are empowered to grow their skills and advance their careers in a supportive environment. Join TCS to be part of a forward-thinking team dedicated to optimising warehouse operations and delivering impactful solutions.