Business Systems Analyst (Investment Accounting)

Allied Consultants, Inc is a proudly Austin based firm with over 33 years of experience delivering top-tier technical and business professionals within Texas State Agencies. We are currently seeking an experience Investments Accounting Systems Analyst to play a key role within a high-impact technical services team.

At Allied Consultants, we value our consultants and are committed to providing an exceptional experience including:

• Highly competitive pay rates
• Local support staff for responsive, personal service
• Comprehensive benefits package, including:
  • Medical insurance (with employer cost sharing)
  • Life insurance
  • A 401(K) plan with company match
  • Flexible spending through a cafeteria plan

Candidates selected for interviews will be subject to a criminal background check and may be required to pass a drug screening, in compliance with federal and state regulations. All offers of employment are contingent upon successful completion of these checks.

Allied Consultants is a proud to be an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

ERS is undertaking projects to evaluate and implement modern Investment Accounting and Reconciliation Systems that will improve the accuracy, efficiency, transparency, and compliance of investment operations and financial reporting. The Worker will contribute to the Finance division’s assessment of potential system solutions, lead requirements gathering, and support the system selection process.

Following evaluation, the Worker will assist in implementing the selected system in alignment with ERS’ investment accounting and finance business needs. This role will involve close collaboration with stakeholders across Finance, Investments, IT, and external vendors and will provide advisory support to ERS Finance management throughout the lifecycle of the projects.

Responsibilities:

• Coordinate with functional and technical teams on business processes requiring cross-functional collaboration related to investment accounting.
• Analyze current-state investment reconciliation workflows and recommend improvements or automation opportunities within the new system.
• Identify system data requirements for investment-related general ledger entries, valuations, performance, and reconciliation functions.
• Support the development and validation of reconciliation reports and exception-based workflows for investment data (e.g., custodial bank records, and accounting entries).
• Participate in internal and vendor-led meetings related to the design, development, and implementation of the Investment Accounting and Reconciliation System.
• Document business and technical requirements, configuration decisions, testing plans, and user procedures related to the reconciliation system.
• Serve as a Subject Matter Expert (SME) for investment accounting and reconciliation during system design sessions with vendors and ERS staff.
• Translate complex investment business requirements—such as multi-asset reconciliation and transaction- level matching—into system specifications.
• Collaborate with ERS and vendor teams to configure system modules for trade capture, income accruals, settlement processing, and reconciliation matching logic.
• Assist in data conversion activities, including the setup of test environments populated with historical investment balances and transactions.
• Monitor functional and integration testing of the reconciliation engine and document results, ensuring resolution of identified issues.
• Design and propose solutions that align with ERS enterprise architecture, internal controls, and information security policies.
• Adhere to ERS’ standard operating procedures related to approvals, reviews, change control, and agile project governance.
• Develop comprehensive system documentation and process diagrams using Microsoft Visio or Sparx Enterprise Architect.
• Create user training materials and conduct knowledge transfer to ERS Investment and Finance staff for ongoing reconciliation system maintenance and operations.
• Complete all required information security training as administered by ERS.

Minimum (Required):

Preferred (Optional):