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FreeBalance

Public financial management software for governments

Senior Functional Analyst

Full-TimeUpdated on 10/15/2026
No salary listed
Senior, Expert
Bachelor's
Managua, Nicaragua
In Person
Business & StrategyBusiness Analysis

About the job

Requirements
  • A bachelor's degree in Information Technology, Computer Science, Business Analysis, Accounting, Public Finance, or a related discipline.
  • At least 8 years of progressive experience in functional analysis for enterprise-scale applications, ideally within GRP, ERP, PFM, IFMIS, or public-sector resource-planning systems.
  • A proven track record working on large, integrated software systems with multiple modules, configurations, and deployment environments.
  • Strong expertise in functional requirements elicitation, documentation, business process modelling, use case definition, and functional specification writing.
  • A solid understanding of Public Financial Management principles, government budgeting processes, accounting, and fiscal controls, ideally through direct project exposure.
  • Familiarity with government operations and the interaction of core financial, human resources, procurement, and performance modules in a unified application.
  • Comfort reading and interpreting technical designs, data models, and process flows.
  • Experience with configuration-driven systems, low-code/no-code frameworks, and modular enterprise platforms.
  • Capability to engage with developers on functional design decisions and review proposed technical implementations for alignment with requirements.
  • Ability to facilitate requirements workshops, lead cross-team discussions, and clearly articulate decisions.
  • Strong analytical problem-solving skills with attention to detail and accuracy.
  • Excellent written and verbal English communication skills; additional languages are a plus.
  • Ability to manage multiple priorities and deadlines.
  • Ability to travel internationally occasionally for project workshops, governance meetings, and customer engagements.
Responsibilities
  • Translate business requirements and storyboards into structured functional specifications and process models for developers and implementation teams.
  • Lead workshops with cross-functional stakeholders to refine requirements, validate assumptions, and facilitate alignment on solution design.
  • Produce functional specifications, business process flows, decision tables, use cases, and mockups that meet quality standards and support traceability.
  • Understand, document, and validate government Public Financial Management business processes, including budget preparation, budget execution, accounting, financial controls, and performance management within a GRP context.
  • Evaluate the feasibility of proposed functional solutions and their impact on existing systems and processes.
  • Identify gaps, conflicts, and integration points and translate them into solution recommendations.
  • Review technical and functional deliverables for completeness and alignment with requirements.
  • Contribute to test case development and execution for integration and system verification as needed.
  • Assist in validating resolved issues and confirming functional correctness.
  • Recommend improvements to requirements management, functional design processes, and tools to enhance quality and efficiency.
  • Drive adherence to development methodologies, documentation standards, and quality practices.
  • Act as a primary point of contact between R&D, QA, and Professional Services teams on assigned features.
  • Provide functional and configuration guidance to project teams and customer implementation teams.
  • Communicate progress, risks, and decisions to management and stakeholders.
  • Present complex functional concepts in understandable terms to technical and non-technical audiences.
Desired Qualifications
  • Prior experience working on GRP or comparable Public Financial Management software implementations in multiple countries.
  • A background in government or public-sector reform environments.
  • Familiarity with Agile or iterative development practices and enterprise product roadmaps.

About the company

FreeBalance delivers public financial management software for governments and public sector bodies. Its modular Government Resource Planning system helps plan, track, and report public finances, emphasizing transparency, governance, and anti-corruption. It co-creates solutions with governments and combines software, services, and FreeBalance Academy training to build capacity and reform capability. The goal is to improve governance, boost fiscal transparency, and support public sector reforms that lead to better outcomes.

Company Size

201-500

Company Stage

Series B

Total Funding

$5.6M

Headquarters

Ottawa, Canada

Founded

1984

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Simplify's Take

What believers are saying

  • Philippines selected FreeBalance Cloud in 2026 for its national Budget and Treasury system.
  • Costa Rica chose FreeBalance in 2026 for World Bank-funded digital transformation.
  • Bougainville and South Sudan 2026 wins expand FreeBalance's live footprint across fragile-state governments.

What critics are saying

  • South Sudan's July 2026 World Bank review flagged a possible FreeBalance contract scope reduction.
  • FreeBalance depends on government budgets; Philippines and Costa Rica timelines hinge on public procurement.
  • An implementation failure in a flagship country would damage credibility across its entire government-sales pipeline.

What makes FreeBalance unique

  • FreeBalance sells integrated PFM suites, not point tools, across budgeting, treasury, payroll.
  • Its FreeBalance Academy trains civil servants, locking in implementation capability after go-live.
  • June 2026 FISC framed FreeBalance around sovereign AI and digital-governance leadership.

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Benefits

Health Insurance

Paid Vacation

Remote Work Options

Flexible Work Hours

401(k) Retirement Plan

401(k) Company Match

Wellness Program

Mental Health Support

Conference Attendance Budget

Professional Development Budget

Stock Options

Company Equity

Phone/Internet Stipend

Home Office Stipend

Family Planning Benefits

Fertility Treatment Support

Parental Leave

Adoption Assistance

Childcare Support

Bereavement Leave

Tuition Reimbursement

Professional Certification Support

Training Programs

Mentorship Program

Employee Discounts

Gym Membership

Commuter Benefits

Meal Benefits

Relocation Assistance

Sabbatical Leave

Legal Services

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

2%

2 year growth

2%
Yahoo Finance
Dec 1st, 2023
Government of Costa Rica Selects FreeBalance Platform to Drive Digital Transformation

FreeBalance has partnered with Computer Network Systems Limited (CNS) on this project.

SME Bulletin
Nov 30th, 2023
The Government of Costa Rica has selected the FreeBalance Platform to drive digital transformation.

Today, FreeBalance announced a partnership with the Ministry of Finance in Costa Rica to deliver a comprehensive programme of digital transformation, funded by the World Bank.

Benzinga
Mar 18th, 2022
FreeBalance Inc. receives award Excellence in Public Finance Reform

FreeBalance, a global Public Financial Management (PFM) solutions, and advisory services firm, which is headquartered in Ottawa, Canada, with a 38-year track record of success and operations in more than 25 countries was recognized with the 'Excellence in Public Finance Reform' award.

Digital Journal
Mar 17th, 2022
FreeBalance Inc. partners with Timor Leste

FreeBalance has worked with countries such as Canada, Haiti, Honduras, Kosovo, Liberia, Mongolia, Nicaragua, Sri Lanka, Sierra Leone, South Sudan, Uganda, and Timor-Leste to implement robust and transparent financial management systems from the ground up.