Finance Business Partner

4 weeks ago

Minneapolis, Minnesota, United States Securian Financial Group Full time
Job Summary

As a Business Expense Manager at Securian Financial Group, you will play a crucial role in supporting the overall expense management of the Securian Business Services (SBS) areas. You will engage with SBS leaders to facilitate strong expense management and financial acumen, providing support in budget planning, expense monitoring, and variance analysis. Your expertise will be essential in identifying strategies to manage expenses in a manner that supports strong financial management while driving business outcomes.

Key Responsibilities

  • Provide support to Shared Services Leaders to facilitate strong expense management and financial acumen:
  • Expense Budget Planning
  • Serve as the lead finance contact for SBS during the annual budget process, understanding SBS initiatives and staffing needs to develop the HR budget for approval
  • Support SBS leaders in determining strategies to close any gaps between proposed budget expense guidance.
  • Partner with SBS leaders to review allocation methods, to ensure operational expenses are charged to the appropriate profit center.
  • Review allocated budget results with Solution Groups, seek & compile feedback to relay to SBS leadership, serving as a liaison between solutions groups and SBS leadership
  • Expense Management
  • Responsible for understanding and reviewing Direct and Allocated results with SBS Leaders and Solution Groups including forecast through end of year. This will involve creating, publishing, and presenting quarter-end operating expense results and forecasts for the SBS Division.
  • Management of quarterly unit cost reporting (e.g., cost per claim) including the continued refinement.
  • Support quarterly close process, including ownership for accruals and review of allocation results to ensure accurate and complete results.
  • Support activities and initiatives to build financial acumen across Securian, embrace business case practices (CBAs) including financial modeling as part of decision making.
  • Support SBS leaders ensuring projects are managed relative to budgets.
Requirements:
  • BS in finance-related field (accounting, finance, actuarial, etc.)
  • 5+ years of experience in finance and/or within a finance business role.
  • Solid analytical and creative problem-solving skills and high attention to detail.
  • Demonstrated financial data analysis and problem-solving skills to effectively research, analyze, and respond to expense questions.
  • Self-starter with strong organizational and time-management skills, an ability to work with minimal direction, flexibility to adapt to shifting priorities and schedules, handle multiple issues simultaneously, and to manage stressful situations.
  • Strong interpersonal and communication skills to articulate financials with differing audiences.
Preferred Requirements:
  • Finance business partner experience
  • Background in operations expense and staff management.
  • SAP experience.
Work Environment

Securian Financial Group believes in hybrid work as an integral part of our culture. Associates get the benefit of working both virtually and in our offices. If you're in a commutable distance (90 minutes) you'll join us 2-3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules. When working in our offices at least two days per week isn't feasible (vacations, illness, travel, etc.), an eight day per month standard is an option.

Physical Job Requirements:
  • Ability to utilize the keyboard, computer and/or mouse for up to 8 hours per day
  • Ability to work at least 40 hours per week
  • Ability to utilize the phone and/or virtual meeting platform for 1-4 hours per day
Benefits

Securian Financial Group offers a comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including paid time off, leave programs, company-funded pension plan and a 401(k) retirement plan, health insurance, volunteer time, and associate resource groups. For more information regarding Securian's benefits, please review our Benefits page.

This information is not intended to explain all the provisions of coverage available under these plans. In all cases, the plan document dictates coverage and provisions.

Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, gender, gender identity, sexual orientation, age, marital or familial status, pregnancy, disability, genetic information, political affiliation, veteran status, status in regard to public assistance or any other protected status. If you are a job seeker with a disability and require an accommodation to apply for one of our jobs, please contact us by email at Employment@Securian.com, by telephone 651-655-5522 (voice), or 711 (Relay/TTY).

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