Financial Planning Manager

Pekin Insurance•Pekin, IL

13h

About The Position

The Financial Planning Manager is responsible for providing timely and accurate financial/budget information to management, auditors, and regulatory authorities while being responsive to the needs of internal and external customers. These duties consistently require the exercise of discretion and independent judgment and require knowledge necessary to analyze, interpret, and assist in decision making.

Requirements

Bachelor’s degree in Accounting or Finance required
Typically requires 6+ years of related experience
Typically requires 4+ years prior supervisor or manager experience
Typically requires 1-3 years of forecasting & budgeting experience
Demonstrated ability to communicate effectively in both oral and written form
Demonstrated ability to define problems, collect data, establish facts, and draw valid conclusion
Demonstrated ability to analyze, organize, and prioritize work while meeting multiple deadlines
Demonstrated ability to analyze, consolidate, and interpret accounting data
Demonstrated ability to read, analyze, and interpret accounting and technical journals, financial reports, and legal documents
Demonstrated skill in situational analysis and judgment in making critical decisions
Demonstrated skill in filing, bookkeeping, recording, and computational skills
Demonstrated knowledge of Generally Accepted Accounting Principles (GAAP)
Demonstrated knowledge of Statutory Experience
Demonstrated knowledge of Microsoft Office software - Excel

Nice To Haves

Certified Public Accountant (CPA or MBA) and/or insurance designation preferred

Responsibilities

Assists with the annual budget process and forecasts throughout the year
Reviews financial results of the enterprise to develop suggestions for financial improvement and cost reduction
Conducts financial analysis and reporting of actual results in comparison to the financial plan
Analyzes and reports expense trends including variances to forecast/budget as well as key expense metrics and benchmarks
Prepares various statistical reports required by management throughout the year
Collaborates with department personnel, management, and senior management for budget, forecast, and corporate plan reporting
Assists with collection of data and preparation of the annual expense budget and forecast for both the P&C and Life companies
Assists in communicating budget to actual results to management by providing analyses, identifying trends, and researching expense activity
Assist in the preparation of forecasted financial statements (P&L, BS, Cash Flow)
Assists in preparation and analysis of other financial components of the forecast including premiums, losses, and profitability ratios
Assists in preparation of annual expense allocations by line of business
Performs other duties as assigned