Who is an ERP Systems Financial Specialist?

An ERP Systems Financial Specialist is a professional who focuses on the financial modules and processes within an Enterprise Resource Planning (ERP) system. 

Their role blends financial expertise with deep knowledge of ERP software, ensuring that an organization’s financial operations such as accounting, budgeting, reporting, and compliance are effectively managed and optimized through the ERP system.

Key Responsibilities:

  1. ERP Implementation & Configuration (Finance Modules):
    • Configure and customize financial modules like General Ledger, Accounts Payable/Receivable, Fixed Assets, Budgeting, and Cash Management.
    • Align the ERP system with accounting standards (e.g., GAAP, IFRS) and regulatory requirements.
  2. Business Process Analysis & Optimization:
    • Analyze existing financial processes and recommend improvements using ERP functionalities.
    • Streamline workflows for increased efficiency, automation, and accuracy.
  3. System Integration & Data Migration:
    • Oversee data migration from legacy systems to ERP.
    • Ensure seamless integration with other systems (e.g., payroll, banking, supply chain).
  4. Financial Reporting & Compliance:
    • Build and manage financial reports, dashboards, and analytics using ERP reporting tools.
    • Ensure compliance with internal controls, audit requirements, and tax regulations.
  5. Training & Support:
    • Train finance staff on ERP usage and best practices.
    • Provide ongoing support and troubleshooting.
  6. Collaboration with IT & Finance Teams:
    • Work closely with both technical (IT) and business (Finance) teams to bridge communication and ensure successful ERP financial operations.

Common ERP Systems They Work With:

Required Skills and Qualifications:

  • Strong understanding of financial principles and practices.
  • Proficiency in one or more ERP systems.
  • Experience in financial reporting tools (e.g., Power BI, SSRS, Management Reporter).
  • Knowledge of compliance standards and audit controls.
  • Analytical mindset and process-oriented thinking.

Typical Background:

  • Degree in Accounting, Finance, or Information Systems.
  • CPA or CMA certification (sometimes preferred).
  • Experience in ERP implementation projects or financial systems support.

Can you create a sample job description for an ERP Systems Financial Specialist?

Here is a sample job description for an ERP Systems Financial Specialist, tailored for a mid-to-large enterprise using Microsoft Dynamics 365 Finance & Operations, but it can be adjusted for other ERP platforms:

Job Title:

 ERP Systems Financial Specialist

Location: [City, State or Remote]

Department: Finance / IT

Reports To: Director of Finance Systems or ERP Program Manager

Job Type: Full-Time

Job Summary:

We are seeking a detail-oriented ERP Systems Financial Specialist to support and enhance the financial operations within our ERP environment, with a focus on Microsoft Dynamics 365 Finance & Operations.

This role serves as the bridge between finance and technology teams, ensuring that our ERP system is effectively configured, optimized, and aligned with financial regulations and business goals.

Key Responsibilities:

  • Configure, maintain, and support financial modules in Microsoft Dynamics 365 Finance (GL, AP, AR, Fixed Assets, Budgeting, Cost Accounting).
  • Collaborate with finance stakeholders to analyze business requirements and implement process improvements.
  • Ensure accurate and timely financial reporting and regulatory compliance within the ERP.
  • Lead or assist in ERP implementations, upgrades, and data migrations for finance-related components.
  • Design and develop financial reports and dashboards using Power BI, Management Reporter, or other tools.
  • Support month-end and year-end close processes by troubleshooting ERP-related issues.
  • Work closely with IT, auditors, and cross-functional teams to maintain internal controls and system integrity.
  • Train finance team members on system functionality, processes, and best practices.
  • Document business processes, workflows, and ERP configurations.

Qualifications:

Required:

  • Bachelor’s degree in Accounting, Finance, Information Systems, or related field.
  • 3+ years of experience working with ERP systems, preferably Microsoft Dynamics 365 F&O, AX, or similar.
  • Strong knowledge of accounting principles, financial statements, and reporting.
  • Proven ability to work with financial stakeholders and translate business requirements into technical solutions.
  • Experience in ERP implementation or optimization projects.

Preferred:

  • CPA, CMA, or other finance-related certification.
  • Experience with Power Platform tools (Power BI, Power Automate).
  • Familiarity with data migration tools and integration frameworks (e.g., Dual-write, Data Management in D365).

Key Skills:

  • ERP Financial Module Configuration.
  • Financial Reporting and Analysis.
  • Business Process Optimization.
  • Cross-functional Collaboration.
  • Attention to Detail and Analytical Thinking.
  • Strong Communication and Documentation Skills

Benefits:

  • Competitive salary and performance bonuses.
  • Health, dental, and vision insurance.
  • 401(k) with company match.
  • Flexible work schedule and remote options.
  • Training and professional development programs.