Financial Planning

2 weeks ago


Jersey City, New Jersey, United States AmTrust Financial Full time

Financial Planning & Analysis Specialist

Job Overview

We are looking for a meticulous and forward-thinking Financial Planning & Analysis Specialist to enhance our finance division. The successful candidate will collaborate closely with FP&A leadership, delivering comprehensive financial insights that support strategic decision-making. This role is crucial for refining and advancing budgeting and forecasting methodologies, as well as evaluating the integration of AI technologies within our FP&A operations.


Key Responsibilities

Financial Planning and Analysis

Continuously enhance financial models that support quarterly management reporting.

Conduct variance analysis to compare actual results against budget and historical performance.

Assist in formulating annual budgets and quarterly forecasts.

Facilitate the implementation of budgeting and forecasting systems across global FP&A.

Engage in the deployment of AI-driven solutions within the FP&A department.

Reporting and Insights

Generate regular financial reports for senior management review.

Assist in the preparation of presentations for external stakeholders, including rating agencies and the Board of Directors.

Provide various ad-hoc analyses to support management needs.

Business Collaboration

Work closely with other FP&A teams to ensure timely reporting outcomes.

Maintain robust relationships with Controllers to foster effective teamwork.

Collaborate with various departments to address financial challenges and requirements.

Budgeting and Forecasting System Implementation

Partner with IT and other departments to guarantee smooth integration of new systems.

Develop and document processes for utilizing the new system, including staff training and user guide creation.

Monitor system performance and resolve issues to ensure efficient financial planning processes.

AI Integration and Innovation

Evaluate the potential advantages of integrating AI technologies into FP&A functions.

Collaborate with IT and data science teams to explore and implement AI tools that enhance financial analysis, forecasting, and reporting.

Assess and monitor the effectiveness of AI solutions, recommending enhancements as necessary.


Qualifications

Education

Bachelor's Degree in Business Finance, Accounting, Economics, or a related field.

Relevant certifications (e.g., CFA, CPA) are advantageous.

Experience

5-7 years of professional experience in FP&A.

Strong understanding of GAAP and statutory accounting.

In-depth knowledge of General Insurance, including experience analyzing the full Income Statement of an insurance entity.

Advanced proficiency in Excel and familiarity with modern business intelligence tools (Power Query, Power Pivot, PowerBI), along with experience in PowerPoint.

Experience with system implementations (Oracle, SAP) is a plus.

Skills

Exceptional analytical, organizational, and problem-solving abilities.

Detail-oriented with a capacity to understand the broader context.

Intellectual curiosity and a willingness to challenge the status quo.

Proven ability to work independently and collaboratively within a team.

Excellent written, verbal, and interpersonal communication skills.

Capability to manage multiple tasks effectively in a fast-paced, team-oriented environment.

The salary range for this position is $110K - $135K annually. This range is applicable for roles performed in the designated location.

Base compensation may vary based on education, experience, skills, geographic location, and other factors. This range is subject to change.


What We Offer

AmTrust Financial Services provides a competitive compensation package along with excellent career advancement opportunities. Our benefits include Medical & Dental Plans, Life Insurance for eligible family members, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, and Paid Time Off.

AmTrust is committed to fostering a diverse and inclusive culture where the ideas and perspectives of all employees are valued. This commitment encompasses a wide range of human differences, including race, ethnicity, gender, sexual orientation, culture, religion, and disabilities.

We believe that embracing diverse backgrounds, skills, and perspectives gives us a competitive edge and helps us attract, retain, and develop top talent. Diversity is not just a policy; it is integral to our identity, operations, and vision for the future.


Connect With Us

If you are not ready to apply, feel free to connect with us for general consideration.


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