Senior Business Analyst - Financial Services, Accounting Domain

What Working at Hexaware offers:

Hexaware is a dynamic and innovative IT organization committed to delivering cutting-edge solutions to our clients worldwide. We pride ourselves on fostering a collaborative and inclusive work environment where every team member is valued and empowered to succeed.

Hexaware provides access to a vast array of tools that enhance, revolutionize, and advance professional profile. We complete the circle with excellent growth opportunities, chances to collaborate with highly visible customers, chances to work alongside bright brains, and the perfect work-life balance.

With an ever-expanding portfolio of capabilities, we delve deep into and identify the source of our motivation. Although technology is at the core of our solutions, it is still the people and their passion that fuel Hexaware’s commitment towards creating smiles.

“At Hexaware we encourage to challenge oneself to achieve full potential and propel growth. We trust and empower to disrupt the status quo and innovate for a better future. We encourage an open and inspiring culture that fosters learning and brings talented, passionate, and caring people together.”

We are always interested in, and want to support, the professional and personal you. We offer a wide array of programs to help expand skills and supercharge careers. We help discover passion—the driving force that makes one smile and innovate, create, and make a difference every day.

The Hexaware Advantage: Your Workplace Benefits

· Excellent Health benefits with low-cost employee premium.

· Wide range of voluntary benefits such as Legal, Identity theft and Critical Care Coverage

· Unlimited training and upskilling opportunities through Udemy and Hexavarsity

Who we are?

At Hexaware Technologies, we are a leading global IT Services company, dedicated to driving digital transformation and innovation for businesses around the world. Founded in 1990, Hexaware has grown into a global trusted partner for enterprises, offering comprehensive AI empowered services including IT Consulting, Application Development, Infrastructure and Cloud Management and Business Process services.

At Hexaware we are a community of creative, diverse, and open-minded Hexawarians creating smiles through the power of great people and technology.

We pride ourselves on our people-centric culture and commitment to sustainability. Our diverse team of over 30,000 professionals across 30 countries is driven by a shared passion for innovation and excellence. We foster a collaborative environment where creativity and continuous learning are encouraged, enabling our employees to thrive and grow.

What would you do?
Role - Senior Business Analyst – Financial Services (Accounting Domain)

Location – McLean, VA (5 day onsite)

Key Responsibilities:

Job Summary

Position Overview: We are seeking a seasoned Senior Business Analyst with good experience in the financial services domain, with deep, hands-on expertise in accounting business use cases. The ideal candidate bridges the gap between business and technology, bringing a strong understanding of the IT ecosystem and a proven track record of partnering with IT stakeholders to drive application modernization initiatives.

Key Responsibilities:

• Elicit, analyze, document, and validate business requirements from stakeholders across finance, accounting, and operations.
• Translate complex accounting and financial business processes into clear functional and non-functional requirements.
• Partner closely with IT stakeholders (architects, developers, QA, infrastructure, and product owners) to drive and support application modernization programs (e.g., legacy system migration, re-platforming, cloud adoption, microservices decomposition).
• Produce high-quality artifacts: BRDs, FRDs, user stories, process flows, data flow diagrams, use cases, and traceability matrices.
• Conduct gap analysis between current-state (“as-is”) and future-state (“to-be”) processes and systems.
• Facilitate workshops, requirement sessions, and stakeholder alignment across business and technology teams.
• Support solution design discussions, ensuring alignment between business needs and technical feasibility.
• Define and support User Acceptance Testing (UAT) – test scenarios, test cases, and defect triage.
• Act as a liaison between business users and development teams throughout the SDLC (Agile / Scrum / hybrid).

• Identify risks, dependencies, and process improvement opportunities during modernization efforts.

  Experience Required:

• 10 to 12 years of overall experience as a Business Analyst, with a significant portion in the financial domain.
• Demonstrated experience working on accounting business use cases (e.g., general ledger, accounts payable/receivable, reconciliations, financial close, regulatory reporting, chart of accounts, sub-ledger accounting).

               Required Skills & Qualifications:

• Strong domain knowledge of accounting and financial processes and the systems that support them.
• Solid understanding of the IT ecosystem – application architecture, integrations/APIs, databases, data flows, and cloud concepts.
• Hands-on experience driving or supporting application modernization / legacy transformation initiatives.
• Proficiency in requirements and process modeling tools (e.g., JIRA, Confluence, Visio, Lucidchart, Enterprise Architect).
• Strong SQL / data analysis skills for data validation, mapping, and reconciliation.
• Experience with Agile and Waterfall delivery methodologies.
• Excellent stakeholder management, communication, and documentation skills.

• Bachelor’s degree in Finance, Accounting, Information Systems, Business, or related field.

  Preferred / Nice-to-Have skills:

• Experience working in the Loan / Mortgage industry, specifically in the secondary market, within the loan accounting domain (e.g., loan sales/securitization, investor accounting, servicing accounting, gain/loss on sale, loan-level accounting, GSE/agency).
• Professional certifications: CBAP, PMI-PBA, CSPO/CSM, or accounting-related credentials (CPA, CMA, CA).
• Exposure to ERP / financial platforms (e.g., SAP FICO, Oracle Financials, Workday, PeopleSoft).
• Knowledge of regulatory/compliance frameworks (e.g., IFRS, US GAAP, SOX).
• Experience with cloud platforms (AWS) in a modernization context.
• Familiarity with data warehousing, reporting, and analytics tools.

What you’ll get from us:

Insert US/employee benefits here e.g.:

• Competitive Salary

• Company Pension Scheme

• Comprehensive Health Insurance

• Flexible Work Hours and Hybrid Work Options

• XX days paid annual holidays + public holidays.

• Professional Development and Training Opportunities

• Employee Assistance Program (EAP)

• Diversity, Equity, and Inclusion Initiatives

• Company Events and Team-Building Activities

Equal Opportunities Employer:

Hexaware Technologies is an equal opportunity employer. We are dedicated to providing a work environment free from discrimination and harassment. All employment decisions at Hexaware are based on business needs, job requirements, and individual qualifications. We do not discriminate based on race including colour, nationality, ethnic or national origin, religion or belief, sex, age, disability, marital status, sexual orientation, parental status, gender reassignment, or any other status protected by law. We encourage candidates of all backgrounds to apply.