Mutual Opportunities
SAP Business Analyst
Springfield, Massachusetts; Boston, Massachusetts
Thank you to our employees for voting us one of the top places to work in Massachusetts for five consecutive years!
Overview
A career with us means you’ll work alongside exceptional people and be empowered to reach your professional and personal goals. Our employees are at the foundation of what enables MassMutual to deliver on our purpose to help people secure their futures and protect the ones they love.
We embrace the idea that we all are stronger and better through our support for one another. We strive to create a culture where employees feel valued and are celebrated for who they are.
“Since our founding in 1851, mutuality has put our policyowners at the center of everything we do. At our core, we’re a company of people helping people in their time of need, and that spirit extends to the culture we’ve built at our company. Our employees support and rely on each other each day, collaborating to deliver the best solutions for our customers and help millions more secure their future and protect the ones they love.”
Job Description
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
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.
MassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment. The job description includes the main duties of this position, which may evolve over time. You may be required to perform other duties not listed.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.
Salary Range: $113,100.00-$148,400.00
Hiring Process
Explore
Explore our open jobs by clicking 'search jobs' to find a position that aligns with your experience and skills. You may also consider joining our Talent Network.
Apply
Click the “apply” button on that job posting to complete and submit your application. Your application will be reviewed by a recruiter, which, due to the volume of applications received, may take some time as we carefully consider each application.
Screen
After your application has been reviewed, if you meet the qualifications for the role, a recruiter will reach out to you to start a conversation.
Interview
If you are invited for an interview, you will be scheduled to meet with the hiring manager and hiring team.
Offer
If you are extended an offer to join MassMutual and accept, your start will be contingent upon a satisfactory background check.
Hire
If you accept the offer, we will be so excited to welcome you to the MassMutual community!
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
By the numbers*
- 88% of employee respondents say they are proud to work at MassMutual
-
90
% of employee respondents say they feel encouraged to bring forth new ideas - 86% of employee respondents say MassMutual cares about and supports the well-being of their employees
*Source: 2024 MassMutual employee engagement survey
Award-Winning Culture
MassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company operated for the benefit of our members and participating policyowners, we are defined by mutuality and our vision to provide financial well-being for all Americans. 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.
We strive to build a thriving community where everyone is valued, included, and feels that they belong.
At MassMutual, we Live Mutual.
How We Work
MassMutual’s flexible workplace approach combines the importance of connecting in person and the flexibility of working remotely. Our hybrid model puts collaboration first with employees coming in at least three days per week to our spectacular campus settings and also enjoying the flexibility of remote Fridays, company-wide remote weeks, and a bank of flexible remote weeks to use throughout the year.
Benefits for the whole you (and your loved ones)
There’s more to your life than your job and there’s more to your aspirations than a paycheck. We take a holistic view of compensation and benefits that provides the flexibility to create a healthy balance in your life for work, family, and community. We offer the benefits you’d expect, like medical, dental, 401(k), and generous vacation time, but we also offer ones you might not expect, like three paid days for volunteering, a $1,250 annual Well-Being Wallet, and up to 320 hours of caregiver leave.
Explore some of our offerings below. Benefit details can be found here.
Why MassMutual?
Kevin
Compliance Consultant
Seth
Service Management Consultant
Kymberly
Head of Experience Journey Mapping
where we work
Springfield Office
1295 State Street, Springfield, MA
Boston Office
10 Fan Pier Blvd, Boston, MA
New York Office
2 Park Ave,
New York, NY
Virtual
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