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Financial Systems Administrator
2 months ago
Job Description: Financial Systems Administrator
Position Overview: We are seeking a detail-oriented and experienced Financial Systems Administrator to join our finance team. This role will be responsible for the administration, maintenance, and enhancement of our financial systems and applications. The ideal candidate will have a strong technical background in financial systems management, excellent problem-solving skills, and the ability to collaborate effectively with cross-functional teams.
Roles and Responsibilities:
System Administration and Maintenance:
- Administer and support financial systems, including ERP (Enterprise Resource Planning), accounting software, budgeting tools, and financial reporting systems.
- Monitor system performance, troubleshoot issues, and implement solutions to ensure uptime, reliability, and data integrity.
- Perform routine maintenance tasks, such as system updates, patches, and data backups, in accordance with best practices and security protocols.
System Integration and Enhancement:
- Collaborate with IT teams, finance professionals, and external vendors to integrate financial systems with other enterprise systems and applications.
- Customize and configure financial systems to meet business requirements, user needs, and regulatory compliance standards.
- Identify opportunities for system enhancements, workflow improvements, and automation to streamline processes and optimize system performance.
User Support and Training:
- Provide technical support and troubleshooting assistance to finance users, resolving system-related issues and inquiries promptly.
- Conduct user training sessions, develop training materials, and documentation to educate users on system functionalities, best practices, and updates.
- Act as a liaison between finance teams and IT support to facilitate effective communication and collaboration on system-related matters.
Data Management and Reporting:
- Manage financial data integrity, data validation processes, and data migration tasks across financial systems.
- Generate and distribute financial reports, dashboards, and analytics to support decision-making and financial analysis.
- Ensure compliance with data privacy regulations, security policies, and audit requirements related to financial data management and reporting.
System Security and Compliance:
- Implement and enforce security protocols, access controls, and user permissions within financial systems to protect sensitive financial information.
- Monitor compliance with regulatory requirements, industry standards, and internal policies related to financial systems administration and data management.
- Coordinate with internal audit teams and external auditors during audits and assessments of financial systems and controls.
Continuous Improvement and Innovation:
- Stay informed about industry trends, technological advancements, and best practices in financial systems administration.
- Proactively identify opportunities for process improvements, system optimizations, and automation initiatives to enhance efficiency and productivity.
- Participate in cross-functional projects and initiatives to drive digital transformation, system upgrades, and strategic initiatives within the finance function.
Compensation: Compensation for a Financial Systems Administrator typically includes a base salary ranging from $80,000 to $120,000 per year, depending on experience, qualifications, and the size of the organization. Additional benefits may include performance-based bonuses, health insurance, retirement plans, and professional development opportunities.
Skills Required:
- Technical Proficiency: Strong technical skills in financial systems administration, ERP systems (e.g., SAP, Oracle), accounting software (e.g., QuickBooks, NetSuite), and financial reporting tools.
- Problem-Solving: Excellent problem-solving skills to troubleshoot system issues, analyze root causes, and implement effective solutions.
- Communication: Clear and concise communication skills to interact with stakeholders, articulate technical concepts, and provide user support and training.
- Project Management: Ability to manage multiple projects, prioritize tasks, and meet deadlines in a fast-paced environment.
- Collaboration: Proven ability to collaborate effectively with cross-functional teams, including finance, IT, and external vendors.
- Attention to Detail: Meticulous attention to detail in system configuration, data management, and compliance with regulatory requirements.
- Continuous Learning: Commitment to continuous learning, staying updated on industry trends, technology advancements, and best practices in financial systems administration.
Education and Experience:
- Bachelor's degree in Information Technology, Computer Science, Finance, Business Administration, or a related field. A Master's degree (e.g., MBA) or relevant certifications (e.g., CPA, CISA, PMP) may be advantageous.
- Minimum of 5+ years of experience in financial systems administration, ERP implementation, or IT systems management within the finance or accounting domain.