About the Role
We are currently seeking a Senior Functional Analyst specializing in Finacle Core Banking for operations in the UAE. This role is pivotal in ensuring that financial workflows, particularly those interfacing with the Finacle system, are aligned with the bank’s accounting policies and reporting requirements.
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Main Responsibilities and Accountabilities:
- Review and validate end-to-end financial workflows within the Finacle Core Banking system, ensuring alignment with the bank's accounting policies, chart of accounts, and reporting requirements.
- Prepare, document, and execute functional test cases covering finance-related scenarios, including General Ledger (GL) postings, account reconciliation, period-end closing, and financial reporting outputs.
- Verify the accuracy of accounting entries generated by Finacle across all banking products and transactions, including Loans, Deposits, Payments, and Cards, ensuring correct debit/credit treatment and GL mapping.
- Participate in User Acceptance Testing (UAT) as a key Finance function representative, reviewing test results, and providing formal sign-off on finance-critical scenarios.
- Collaborate with the migration program team to review functional design documents, system configurations, and product programs from a Finance and accounting perspective.
- Identify and log functional gaps, accounting discrepancies, or workflow deviations discovered during testing, and follow through to resolution with the technical and implementation teams.
- Validate that financial reports generated from Finacle, including regulatory reports, management accounts, and statutory statements, are complete, accurate, and consistent with the bank’s requirements.
- Support parallel-run activities during migration by comparing outputs from the legacy system against Finacle to identify and resolve discrepancies.
- Liaise with the Finance team, Operations, and the Core Banking migration team to ensure all finance function requirements are captured, communicated, and addressed in the system.
Joining Time Frame
The ideal joining time frame for this position is 2 weeks, with a maximum allowance of 1 month.
