Principal Business Analyst, SAP Finance (Group Reporting, IC, AR, AP, WF)
LantheusAbout the role
Lantheus is headquartered in Bedford, Massachusetts with offices in Canada, and Sweden. For more than 60 years, Lantheus has been instrumental in pioneering the field of medical imaging and has helped physicians enhance patient care with its broad product portfolio.
Lantheus is an entrepreneurial, agile, growing organization that provides innovative diagnostics, targeted therapeutics, and artificial intelligence (AI) solutions that empower clinicians to find, fight and follow disease. At Lantheus our purpose and values guide our behaviors in all interactions and play a vital role in creating a dynamic environment that contributes to our success. Every employee is crucial to our success; we respect one another and act as one knowing that someone’s health is in our hands. We believe in helping people be their best and are seeking to bring together a diverse group of individuals with different viewpoints and skill sets to be a part of a productive and inclusive team.
This position is site-based and requires a presence on-site three days per week.
Summary
This resource will serve as part of SAP S4/HANA Finance IT BA team. This role will join the Lantheus SAP IT Business Partner team and focus on Group Reporting, Intercompany, AR, and AP configuration and WF set-up. This role will act as an intermediary between the financial business and technical community and translate business requirements into documentation and conceptual design from which applications and solutions are developed.
This role will play a key role in Lantheus’ expanding Global portfolio of assets and acquisitions and will play a key role in new integration set-up in a SOX and GXP- compliant environment.
Key Responsibilities/Essential Functions
- Facilitate the implementation and support of SAP RTR Solution with heavy focus on AR, AP, Inter Company and Group Reporting
- Perform detailed analysis of Finance and Controlling business process requirements and provide appropriate system solutions; identify, interpret, validate and document Lantheus requirements.
- Provide support to finance staff on defining and documenting system processes, data flow, controls and interfaces for financial information systems. Provide analytical and technical support to team members and end users
- Facilitate workshops to collect business requirements.
- Map client business requirements, processes, and objectives; develops necessary product modifications to satisfy Lantheus' needs.
- Experience in Group Structure management, intercompany elimination, Consolidation of Investment, Good will calculation, & Matrix consolidation process
- Deep working knowledge in consolidation methods - Equity Method, purchase method and minority interest calculation
- Experience in configuring consolidation units, Group hierarchy, Map FS items to GL accounts & defining master data consolidation fields
- Experience in Data Collection & data monitoring process – Release from Universal Journal, Flexible Upload of Reported Financial Data, or Published APIs from Other SAP or Customer applications
- Experience in currency translation, manual adjustments, Versioning, Simulation process
- Well-versed in Cashflow, Balance sheet, Income statement reporting, exchange rate type & exchange rate indicators.
- Local & Group close experience in S/4HANA, configuring flexible rules for data validation& Manual Top-up Adjustment for Elimination wherever needed
- Work experience in configuring various document types, posting level, automatic reversal, Working knowledge in SAC Reporting
- Familiar with U.S.GAAP & IFRS standards & reporting.
- Proactively identify and propose business process and/or system enhancements
- Maintain and enhance workflows across respective functional area
- Act as a liaison between the business functions and the technical team.
- Provide ad-hoc training and user support as required
- Continually assess the impact of emerging SAP technologies against strategic business needs and interpret business value for the IT management.
- Develop productive relationships with business across the organization to influence how SAP Finance applications can enable new sources of value.
- Execute methodologies (i.e., Agile, Waterfall) and practices for the application life cycle management in line with best practice and practical experience of continuous improvement.
- Conducting workshops for gathering requirements, UAT (User Acceptance Testing) and client training
- Ability to multitask and manage multiple projects in a cross-divisional and cross-functional environment.
- Ability to work independently, effectively coordinating multiple priorities in a dynamic and changing environment and in a team-oriented, c
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