Senior Financial Analyst

Senior Financial Analyst

Job Locations : US-CT-Stamford US-MD-Frederick

Read on to find out what you will need to succeed in this position, including skills, qualifications, and experience.

ID : 2024-3065

of Openings Remaining : 1

Category : Finance & Tax

Overview

At Legal & General America, we are passionate about helping create brighter tomorrows for our customers, partners, colleagues, and the communities in which they live.

A recognized market leader of term life insurance, we're transforming our business through innovation and technology to make it easy and affordable for more American families to secure their financial futures.

We bring the same passion to our institutional retirement business, partnering with companies to mitigate pension risk and ensure the financial future of their annuitants with our financial strength and market leading customer service.

The Senior Financial Analyst plays a critical role in the Company's US Cost Control Team. This position is responsible for coordinating and monitoring budgets, re-forecasting, and analysis of operating expenses.

This individual will develop, interpret, and implement financial concepts for financial planning and control. In addition, they will be expected to perform analysis to determine present and future financial performance.

The Senior Financial Analyst will work on a hybrid basis in our Stamford, CT or Frederick, MD office. Full-time remote option will be considered based on experience and proven ability to work from home successfully.

Responsibilities

Expense Planning and Forecasting

• Collaborate with various business partners to produce and analyze an annual operating expense plan including monthly forecasts and updates.
• Prepare and analyze variance analysis and explanations between plan, actuals, and reforecasts. Ensure sound operational decisions are made by providing financial analysis that considers these items and the implications to P&L statements.
• Perform analysis of data trends on budget spend to enable teams / business areas to meet key performance indicators (internal and external focused).
• Communicate cost risks and opportunities for various business areas / cost centers and make recommendations to the finance leadership team.
• Support preparation of plan presentations.
• Understand financial models to forecast results.

Expense Management

• Prepare expense and intercompany reconciliations.
• Compile a comprehensive analysis package for monthly review.
• Actively identify outstanding expenses and ensure accrual completeness.
• Assist team with procurement process & inquiries on travel expenses / invoice processing.
• Analyze expense data and act as a subject matter authority to provide additional insights.
• Support cost center allocations process for IFRS 17 and local STAT reporting.
• Maintain and update organization wide expense study results.

Other Responsibilities

• Support ad hoc requests.
• Assist in the preparation of monthly management information, including management reports, Board decks, Performance metrics monitoring and other reporting.
• Support setting business requirements, testing and implementation of new digital finance solutions (new tools, automation / AI initiatives / projects, etc).
• Seek opportunities for operational improvements and efficiencies.
• Perform other assignments / special projects as needed.
• Travel to Maryland office expected if full time remote (approximately
1 day ago