Financial Analysis Senior Specialist

Cigna•Bloomfield, CT

34d

About The Position

This role supports the Cigna US Employer FP&A team that handles Financial Planning & Analysis activities for all operating expenses related to US Employer. Specifically, this role will be responsible for the operating expenses associated with Cigna's external commissions, sales incentive compensation, and Solutions & Strategy business areas within US Markets. As a Controller, this role will partner closely with Solutions & Strategy business partners and Finance leaders to develop appropriate budgets, submit quarterly projections for staffing and non-labor expenses, and perform monthly variance analysis and communicate results and key drivers. This role will also partner with adjacent Accounting and Finance business partners to own the monthly & quarterly close and projection processes for external commissions and sales incentive compensation.

Requirements

Bachelor's degree in Accounting, Finance, Actuarial Science, Mathematics or related field.
4+ years relevant work experience in financial analysis, accounting, actuarial or related experience.
Outstanding attention to detail and well organized with effective time management.
Robust problem-solving and analytical skills.
Strong Excel skills and ability to learn other technical knowledge quickly.
Excellent written and verbal communication skills and ability to collaborate with audiences of various levels of experience and responsibility.

Nice To Haves

Technical knowledge of Cigna data sources (Oracle, Hyperion, etc.) and data flows is a plus.

Responsibilities

Lead the quarterly projection, monthly results, variance analysis and storytelling related to Cigna's external commissions, sales incentive compensation, and Solutions & Strategy operating expenses and headcount.
Identify and communicate material variance drivers and provide actionable insights to management and other stakeholders.
Work closely with business partners in Solutions & Strategy business and HR to monitor, explain and predict changes to staffing headcount and salaries as well as non-labor expenses.
Present results to Solutions & Strategy business leaders as well as US Employer Finance leaders.
Act as a financial gatekeeper to hold business partners accountable to meeting their quarterly/annual budgets.
Submit commissions and sales incentive compensation liability and JV entries to enable appropriate accounting month/quarter close practices.
Submit quarterly projections to 1PLN expense management system and validate that results match expectations.
Discover and implement process improvements to increase efficiency, accuracy and timeliness of projection and reporting tools and processes.
Partner with adjacent finance teams to drive efficiencies and automation in existing processes.
Maintain cost pool drivers that allocate expenses by buyer group and funding type.
Support other financial analyses and ad-hoc projects as needed.