Business Systems Analyst IV

1 month ago

Florida, United States Medifast, Inc Full time
About the Opportunity

At Medifast, we're driven by a mission to empower individuals to achieve lifelong transformation through healthy habits. As a Business Systems Analyst IV - Finance and Accounting, you'll be part of a dynamic team that shares a passion for promoting health and wellness. Our team members are relentless in their pursuit of excellence, and we're looking for like-minded individuals to join us on this journey.

Job Summary

The Business Systems Analyst IV - Finance and Accounting will be responsible for understanding business requirements, building functional specifications, and configuring Oracle Financials systems to meet business needs. This role involves working closely with business stakeholders, IT teams, and end-users to ensure the effective utilization of Oracle Cloud ERP modules, focusing on General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, and Cash Management functionalities.

Key Responsibilities
  1. Support the Oracle Fusion Cloud, including General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, and Cash Management during month-end, quarter-end, and year-end.
  2. Troubleshoot issues and provide timely solutions during critical moments like month-ends.
  3. Pick and understand incidents/cases in Jira and provide solutions to business team members with an emphasis on accuracy and completeness.
  4. Create functional specifications to build/update/change any integrations and interfaces.
  5. Build accounting rules in Sub Ledger Accounting (SLA) to support all sub-modules.
  6. Configure and support Oracle Fusion Cloud Financials for Retail industry or BBC environment, including creation of new legal entities, COAs, ledgers, and sub-ledgers.
  7. Build and maintain approval hierarchies based on employee roles and levels.
  8. Deploy and maintain new bank accounts, payment methods, payment profiles, and help with building integrations with new banks.
  9. Support multi-period accounting, IDR, and have knowledge of Receipt Accounting to help with Accrual Reconciliation.
  10. Thoroughly understand Receivables, integrations, and provide support for Payment processing systems like Paymentech.
  11. Help business team members with their monthly bank reconciliations.
  12. Be the IT liaison to the business team, requiring good oral and written communication skills.
  13. Be proactive and understand the severity of cases, keeping superiors updated on sensitive issues.
  14. Have experience with creating severity issues with Oracle Support and frequent follow-up on Service Requests.
  15. Have thorough knowledge of Translation, Inter Company transactions, Elimination Rules, and Elimination Ledgers.
  16. Support the proactive process throughout the month to close periods on time, enhancing it to business needs.
  17. Understand the accounting stream from Order Management, Inventory Management, Procurement, Supply Chain Planning, and Cost Management in Oracle Fusion.
  18. Understand the integration with Concur and resolve any issues.
  19. Perform Unit Testing, Integrated Testing, and oversee User Acceptance Testing for all configuration changes.
  20. Be thorough in documentation like Statements of Procedures, Change Configuration documents, Playbooks, and Presentations for Proof of Concepts.
  21. Participate in change management processes, communicate across relevant stakeholders, and conduct regular deployments.
  22. Support day-to-day maintenance, upgrades, testing, releases, and complete regular internal system audits.
Scope

The scope for this role involves a combination of functional expertise, business acumen, and collaboration skills to ensure that Oracle Cloud ERP effectively meets the organization's Financial and Accounting business needs. This role involves analyzing, designing, implementing, and supporting Oracle Cloud ERP solutions related to Financial and Accounting processes.

Knowledge, Skills & Abilities
  1. Bachelor's degree in Management Information Systems, Information Technology, or Accounting with + years of Information Technology experience.
  2. Solid hands-on + years of experience in Oracle Fusion Financial Cloud, including General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Cash Management, Cost and Receipt Accounting, Sub Ledger Accounting rules, Inter-company transactions, and integrations with Order Management and Shipping execution.
  3. + years of experience in managing integrations with other feeder systems like Concur, Paymentech, and Banks for Statements.
  4. Ability to build FRS and OTBI reports.
  5. Supporting PBCS cubes.
  6. Experience with creating Adhoc queries using SQL scripts.
  7. Drive to work independently and provide integrated solutions.
  8. Ability to learn quickly, be organized, and detail-oriented.
  9. Ability to adjust to multiple demands, shifting priorities, and changes.
  10. Excellent organizational, verbal, and written communication skills.
  11. Ability to negotiate, influence, and provide guidance in a team-oriented, collaborative environment.
Nice to Have
  1. Experience with working on SCM modules, Cost Management, and Receipt Accounting.
  2. Experience in Core Accounting and Finance is a plus.

We thrive by elevating our connections with one another as well as with our Coaches & Clients. We believe that everyone has the potential to be OUTSTANDING. The Medifast culture is built on seven core values: integrity, courage, teaming, accountability, empowerment, partnership, and diversity. These values aren't just words on a page – they are celebrated as a core part of the company's philosophy.

We Lead By...

Mastering Relationships: We build trust, promote collaboration, and are reliable.

Being Innovative: We strive to improve things in our areas of influence; test, refine, and expand within the business strategy; and reach beyond real and perceived boundaries.

Simplifying: We are committed to making things measurable, repeatable, and scalable; focusing on outcomes not activities; and eliminating complexity to increase focus.

Anticipating: We predict long-term business and organizational needs; challenge assumptions; and expect and prepare for the unexpected.

About Medifast:

Medifast (NYSE: MED) is the health and wellness company known for its habit-based and coach-guided lifestyle solution OPTAVIA, which provides people with a simple yet comprehensive approach to address obesity and support a healthy lifestyle. OPTAVIA's holistic solution includes lifestyle plans with clinically proven health benefits, scientifically developed products, and a framework for habit creation – all reinforced by independent coach support for customers on their weight loss journeys. Through its collaboration with national virtual primary care provider LifeMD (Nasdaq: LFMD) and its affiliated medical group, the holistic solution now includes access to GLP- medications where clinically appropriate. Visit the and websites for more information and follow Medifast on and.

Thank you for taking the time to learn more about Medifast.

LI-DG

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