Finacle Core Banking

Role Overview

Senior Functional Analyst – Finacle Core Banking with VAM Systems, based in UAE operations.

Role Purpose

To ensure the Finacle Core Banking system meets the bank's financial processing, accounting policy, and reporting requirements through comprehensive functional validation, testing, and implementation support during system migration.

Key Responsibilities

Financial Workflow & Configuration

• 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.
• Work closely with the migration programme team to review functional design documents, system configurations, and product programmes from a Finance and accounting perspective.
• 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.

Testing & Quality Assurance

• 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.
• Participate in User Acceptance Testing (UAT) as a key Finance function representative, reviewing test results and providing formal sign-off on finance-critical scenarios.
• Support parallel-run activities during migration by comparing outputs from the legacy system against Finacle to identify and resolve discrepancies.

Issue Management & Resolution

• Identify and log functional gaps, accounting discrepancies, or workflow deviations discovered during testing, and follow through to resolution with the technical and implementation teams.

Financial Reporting & Validation

• 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.

Stakeholder Coordination

• 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.

Additional Information

• Joining timeframe: 2 weeks (maximum 1 month).