Senior Financial Analyst- Expense

Job Summary

This is a position responsible for supporting the expense planning, analysis, accounting and reporting functions for F&G’s operations, reporting directly to the Manager of Expense Planning and Analysis.

The primary responsibilities for this position include assisting with preparation, consolidation and analysis of the annual departmental expense budget and multiyear operating expense plan, as well as, general expense budgeting for specific areas of the business and periodic reforecasts. Other primary responsibilities include assisting with expense studies for determining allocations of operating expenses to line of business, product and legal entity, headcount tracking and forecasting, quarterly controls related to deferred acquisition expenses, and corporate and M&A project expense tracking and forecasting.

This position will play a critical role with supporting process improvements and other project work that results in process efficiencies, improved controls and more insightful analysis to our business leaders.

Duties and Responsibilities

• Support company-wide expense management for the organization, including the preparation of the company’s annual expense plan and related reforecasts
• Assist with the development of the annual forecasting and budgeting process including programming enhancements to Hyperion Planning
• Assist with Expense Study analysis to establish and monitor deferred acquisition cost, expense allocations by line of business, channel /product and unit cost assumptions; includes maintaining support for audit inquiries and ongoing support for key stakeholders including Actuarial and Financial Reporting
• Prepare senior executive level expense analyses with a focus on providing insightful, value added analysis that informs business decisions and supports achievement of the Company’s business strategies/goals
• Month-end closing process responsibilities include (but are not limited to): establishing review process and procedures to ensure efficient, timely and accurate reporting, analysis of expense deferability, forecasting and reporting expenses associated with corporate project and mergers & acquisitions and headcount, and monitoring and reporting on variances to adjustments and/or challenges embedded in corporate-level budgets
• Assist with preparation of expense projections and analysis for the Company’s 3rd Party Administrators and help facilitate targeted handoff to Retail Markets business partners 
• Support SOX compliance and adherence to an effective internal control environment as it relates to expense planning and management processes; drive best operating practice through design and continuous improvement in processes and internal controls 
• Provide recommendations and action plans for improvements in expense efficiencies, including cost saving opportunities  
• Support department budget managers with accounting and general ledger inquiries
• Perform special projects as assigned, which may include projects beyond the scope of expense management

Experience and Education Requirements

• Bachelor’s degree in accounting, finance, or related field 
• 4-6 years related professional experience in financial reporting, expense reporting and/or analysis required.  
• CPA certification, MBA, or on CPA track preferred
• Big-4 Audit Experience highly desirable 
• Insurance industry experience highly desirable. Financial services or asset management industry also preferred.  
• Advanced knowledge of Excel and PowerPoint required
• Strong knowledge of accounting practices and principles 
• Strong system knowledge including familiarity with current era of client-server accounting/financial packages (Oracle, Hyperion Planning, Essbase, etc.)