MassMutual

SAP Business Analyst

Financial Accounting Systems Transformation - Group Reporting

Full-Time

Springfield, MA or Boston, MA

The Opportunity

As a Business Analyst you will be responsible in helping MassMutual to successfully migrate corporate finance consolidation processes to S4/Hana Group Reporting module and ensure that company’s GAAP, Statutory and Management reporting requirements are fully addressed. This person will collaborate with stakeholders and the project team to understand, assess, recommend, and implement business process and system solution that facilitate, improve and/or streamline group consolation and reporting processes.

Primary responsibilities:

• Understand, document, and maintain business requirements, including existing challenges/issues, and success criteria
• Perform fit-gap analysis and facilitate fit for purpose solution design effort
• Provide guidance to stakeholders on solution options
• Drive successful execution of the end-to-end lifecycle including preparing user test strategy and plan
• Provide status updates to stakeholders and project leadership team

The Team

This role aligns under the Financial Accounting Systems Transformation team, which is part of the Controllers group. The team is leading the charge to transition from SAP R3 to SAP S4/HANA and related data, business process and reporting changes. The mandate and responsibilities of the finance transformation work continues to evolve and will provide candidates with growth opportunities.

The role reports to the Head of Group Reporting and partners with Corporate IT, 3rd party Vendors and business users/leaders across Corporate Controllers and CFO organization (Close, Reporting, FP&A, Data Management, Accounting Plocy and Controls to name a few).

The Impact

Accountability: Subject matter expert for workstreams in SAP S/4 HANA in partnership with IT and implementation partners.

Business Acumen: Understand the end-to-end processes, including cross functional impacts and dependencies.

Inclusion: Lead Use Case formulation, as-is/to-be analysis, product demos, joint application development for processes & SAP capabilities. Share SAP and industry best practices and knowledge, and personal expertise to educate our business processes.

Resilience: Understand how data flows through financial systems to accounting function, while planning appropriately for changes with prioritizations. Establish and enhance governance and internal control procedures.

Development: Lead SAP centric process changes in alignment with accounting policy for evaluation and implementation of new GAAP/Statutory reporting requirements.

Leading Others: Collaborate closely with other business areas, such as financial close team to support accounting of transactions/events. Lend tactical support as needed peer teams.

Agility: Coordinate/Collaborate across Finance, enterprise technology, internal audit, enterprise risk, other business units & external audit, as appropriate. Guides the team in establishing effective control/governance for reports/dashboards with tight milestones for successful execution.

The Minimum Qualifications

• BS in Accounting, Finance, IT, or another similar field
• 8+ years of accounting experience in financial roles or hands-on experience with SAP ERP and/or SAP S/4 HANA implementations and/or a Consolidations tool
• Travel between Boston, MA and Springfield, MA required

The Ideal Qualifications

• MBA or equivalent and/or Certified Public Accountant preferred
• Experience implementing a Consolidations tool – preference for prior experience in implementing S/4 Hana Group Reporting module
• Experience in other SAP products - SAP BW, BusinessObjects, SAP BPC, SAP Cloud
• Knowledge of US GAAP, insurance statutory accounting/reporting and/or experience in Financial Institutions preferred
• Ability to work with senior management, business, and IT areas to influence decision making
• Strong multi-tasking skills and ability to adapt to change
• Ability to proactively take ownership of projects and drive to completion
• Experience working in a Finance transformation setting & driving change
• Identify and support process improvements that provide business value
• Ability to Initiate and/or lead complex projects that may span beyond the scope of own team
• Experience in best-in-class control execution and documentation
• Detail-oriented with demonstrated oral and written communication skills

What to expect as part of MassMutual and the Team

• Regular meetings with your team
• Focused one-on-one meetings with your manager
• Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, Veteran and disability-focused Business Resource Groups
• Access to learning content on Degreed and other informational platforms
• Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits

#LI-DM2

Salary Range:

$113,100.00-$148,400.00

At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.

Why Join Us.

We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard.

We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It’s more than our company structure – it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.

MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.

At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.