Financial Planning and Analysis Manager Job at Merchants Bonding Company, West Des Moines, IA

RHIwMUtCK1pKdjJibEdFeEV0MURGcXFCTkE9PQ==
  • Merchants Bonding Company
  • West Des Moines, IA

Job Description

Job Responsibilities:

Financial Planning and Analysis

  • Must be willing to work in the home office in West Des Moines, Iowa.
  • Lead the annual financial planning and reforecasting processes for the Company, collaborating closely with the Controller and department leaders.
  • Develop and maintain financial models to support strategic initiatives, medium and long term business planning, and decision-making processes.
  • Provide insightful analysis of financial performance, including variance analysis, stress testing, and key financial metrics, to senior management and key stakeholders.
  • Monitor and analyze industry trends, conduct benchmarking, competitive landscape, and economic factors that may impact the Company’s business.
  • Prepare management reporting packages and presentations for executive leadership, highlighting financial results, trends, and opportunities.
  • Evaluate and improve financial processes and procedures to enhance efficiency and accuracy of the financial planning and forecasting processes and results.
  • Develop and perform expense studies to continually evaluate expense allocations.
  • Performs analytical review of and writes notes for the monthly financial report.
  • Track and report on key performance indicators (KPIs) to measure business performance and inform decision-making.
  • Assess financial risks and opportunities, recommending strategies to mitigate risks and capitalize on opportunities.
  • Partner with department leaders to support strategic initiatives, create pro-forma financial models, evaluate investment opportunities, and assess financial implications of business decisions.
  • Responds to inquiries from the Controller and other Company Executives regarding financial results and special reporting requests.
  • Prepares a cash flow projection to indicate cash shortfalls or excess funds available for investments.
  • Assist with building out the Company’s reporting and analytics capabilities as it relates to the financial information, including ensuring timeliness, completeness, and accuracy.
  • Ensure compliance with regulatory requirements and internal policies related to financial reporting and analysis.
  • Works with Controller to evaluate FP&A software technology needs.

Additional Responsibilities

  • Assists in the training and development of staff based on the needs of the accounting department.
  • Assist with the development and implementation of internal controls over financial reporting.
  • Research, prepare, and execute accounting department initiatives, systems implementation, and other special projects.
  • Assist with financial training to increase financial acumen of associates.
  • Assist with year-end audit process and State examinations.

Qualifications:

Education and Experience : BA/BS with an emphasis in Accounting, Finance, or Economics or work equivalency. MBA or CPA preferred.

Technical Skills and Prior Experience: Five to seven years of experience in in financial planning and analysis, preferably within the insurance industry.

Skills and Knowledge : Strong understanding of insurance financial metrics, such as loss ratios, combined ratios, and underwriting performance. Strong proficiency in financial modeling and analysis, including advanced Excel skills. Strong verbal and written communication with the ability to present complex financial information in a clear and concise manner. Above average interpersonal, supervisory and customer service, ability to multi-task, work under pressure and meet deadlines, detail orientation, accuracy, honesty and integrity, delegation, follow-through, takes initiative, time management, confidential, decision making, analytical, and ability to build relationships.

Knowledge of Statutory Accounting principles.

Experience with large automated accounting and financial planning systems preferred. Must have strong proficiency with Microsoft Office Suite applications. Proficiency with PC hardware and peripherals.

Job Tags

Work from home, Home office,

Similar Jobs

Milestone Technologies, Inc.

Desktop Administrator Job at Milestone Technologies, Inc.

 ...Job Description: Windows Desktop Administrator 6 Month W2 Contract (No C2C and No Visa Sponsorship) Onsite 5x per week in Thousand Oaks, CA Pay up to $40/hr. W2. Technical screening needed prior to submission (14-questions via Zoom/Teams) Breakdown of... 

Rupesh Patel Home Selling Team

Real Estate Assistant Job at Rupesh Patel Home Selling Team

Real Estate Assistant Location Spartanburg, SC : You OWN the administrative side of the business. A residential real estate business has two sides to it. Front stage (sales) and backstage (operations). You are the quarterback of operations, meaning you know the inside... 

Pyramid Consulting, Inc

UI/UX Designer Job at Pyramid Consulting, Inc

 ...Immediate need for a talented UI/UX Designer. This is a 12+ months contract opportunity with long-term potential and is located in Charlotte, NC (Onsite). Please review the job description below and contact me ASAP if you are interested. Job ID: 25-61928 Pay... 

Munters

Industrial HVAC Service Technician - Heavy Travel Job at Munters

 ...Job Title: Industrial HVAC Service Technician Company: Munters Corporation About US: Munters is a global leader in climate...  ...Certification within 90days of hire. ~ Experience with HVAC/Refrigeration systems and components ~ PLC (Programmable Logical Controls... 

BAMM Staffing

Store Manager Job at BAMM Staffing

 ...The ideal candidate will have a Retail Management background, impeccable administration and organizational skills, and an understanding...  ...of potential clients, designers and trade contacts . As a Store Manager, it is essential that you have a passion, drive, and energy...