Job Description

Job Description

Job Description

JOB SUMMARY:

MP's client is hiring a full time highly motivated and detail-oriented remote Financial Analyst to help build their growing benefits and retirement practice. The role will also have responsibilities over related partner firms within the organization! MP's Client has several US based offices including Brentwood, TN, Lakeland, FL, Miami, FL, Hartford, CT and Iselin, NJ. While this position is fully remote, the company does prefer candidates to live near one of these locations but is not required!

The Financial Analyst will play an important and highly visible role in the ongoing integration of existing and newly acquired firms into the greater structure! These integration responsibilities will require frequent interactions with personnel at the National Office and other Partner Firms. Integration responsibilities will include supporting the adoption of reporting standards, the integration of the forecasts, and the alignment of metrics with segment and company-wide needs.

OUR IDEAL CANDIDATE HAS:

• Education: Bachelor's Degree in Finance, Accounting, Economics, or related field required.
• Experience: 3+ years of experience in financial analysis, investment analysis, or related field. Preferred experience in the retirement & benefits industry!
• Knowledge/Skills:
  • Strong proficiency in financial modeling, data analysis, and quantitative techniques.
  • Advanced knowledge of Excel, Financial Modeling Software, and data visualization tools. Experience with SQL, Access and Power BI is a plus!
  • Ability to work with offshore entities preferred.
  • Experience with multiple entities/product lines and consolidations preferred.
  • Comfortable and experienced in creating processes, reporting, and policies that don't currently exist today.

JOB RESPONSIBILITES:

• Financial Analysis and Reporting
  • Conduct in-depth financial analysis of retirement and benefits products, services, and investments to support decision-making and strategic planning.
  • Develop a deep understanding of underlying drivers of revenue and report on these metrics, including trend analysis.
  • Identify and report on key drivers of expense.
  • Build profitability models for all key products and services and update regularly.
  • Develop month-end reporting on key financial trends and metrics for senior management and the National Office.
  • Develop financial models and tools to assess the impact of different scenarios and variables on financial outcomes.
• Budgeting and Forecasting
  • Working closely with the Controller and the National Office finance team, support the annual budgeting process, with a focus on revenue.
  • Produce monthly reforecasts, incorporating all significant changes and providing analysis of variances from the original plan and prior year.
  • Utilizing the company's CRM data, develop revenue forecasts based on the sales pipeline.
  • Evaluate the conversion of sales opportunities to revenue.
  • Develop long-term, multi-year forecast.
  • Support cash flow forecasting.
• Sales and Operational Support
  • Working closely with the sales team, develop pricing models for all significant products and services.
  • Provide ad-hoc pricing as needed.
  • Analyze commissions and other costs to acquire customers; develop reporting that evaluates the effectiveness of incentive plans and suggest improvements.
  • Support marketing efforts by providing key marketing metrics.
  • Provide unit costing analysis to operational leaders, including key metrics and trends
• Consolidation and Integration
  • Provide all reporting at both a consolidated segment-level view and a disaggregated Partner Firm view, treating each Partner Firm as its own profit center.
  • Determine appropriate allocation of revenue and costs between Partner Firms, working closely with the accounting team.
  • Develop models to determine internal transfer prices for segment services provided to other Partner Firms
• Process Improvement
  • Identify opportunities for process improvement and optimization in financial analysis, reporting, and decision-making processes.
  • Implement best practices and innovative solutions to enhance efficiency, accuracy, and effectiveness of financial analysis activities.
  • Leverage knowledge of operations to identify inefficiencies and recommend solutions.
  • Adopt best practices from the National Office and other Partner Firms
• Communication and Teamwork
  • Present results and analysis to senior management and other leaders.
  • Provide recommendations and defend positions with data.
  • Train and work with team members from the India Service Center.
  • Support other members of the finance team, especially in the areas of billing and revenue recognition processes.
  • Develop a strong working relationship with key staff in other departments.
  • Play a part in the short- and long-term departmental goals, objectives and procedures.

ABOUT OUR CLIENT:

MP's client is one of the largest independently owned insurance brokerage firms in the country providing a full range of employee benefits, compliance, and HR consulting services, along with retirement solutions for both the private and public sectors. The business was formed in 2008 and today serves over three million participants nationally in the K-12, Corporate, and Government markets.

ADDITIONAL INFORMATION:

• Location: While this is a remote position - we do prefer candidates to reside in or close to Brentwood, TN, Lakeland, FL, Miami, FL, Hartford, CT or Iselin, NJ! These are where our offices are located. This is not a deal breaker though. If you are comfortable working remotely, we encourage you to apply. However, this person would be expected to be available Monday - Friday from 8:00am - 5:00pm Eastern Standard Time.
• Compensation Expectations: $75k - $85k per year + 4% annual bonus potential. Final compensation is based on education, credentials, and experience.
• Benefits: Medical, Dental, Vision, Retirement Plan & more!

Job Tags

Similar Jobs