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Financial Operations Specialist

1 month ago

Minnetonka, Minnesota, United States Securian Financial Group Full time

Company Overview:

Securian Financial Group, Inc. is a leading provider of financial services and products. We value our associates and offer a comprehensive range of benefits designed to enhance their professional growth, well-being, and work-life balance.

Job Summary:

We are seeking an experienced Financial Operations Specialist to join our team in Minnetonka, MN. This role will be responsible for supporting overall Expense Management of the Securian Business Services (SBS) areas. As a key member of our finance team, you will engage SBS leaders in budgeting and forecasting processes, expense monitoring, and variance analysis. You will also serve as a liaison between SBS leaders and business areas to review both budget and actual expenses, including allocations.

Key Responsibilities:

  • 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, ensuring 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
  • Manage quarterly unit cost reporting (e.g., cost per claim), including 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, embracing 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

Estimated Salary: $93,750 - $166,500

Benefits:

  • Paid time off: we want you to take time off for what matters most to you
  • Leave programs: Securian's flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement, and military leave
  • Company-funded pension plan and 401(k) retirement plan: share in the success of our company
  • Health insurance: from the first day of employment, associates and their eligible family members are eligible for medical, dental, and vision coverage
  • Volunteer time: we know the importance of community, and we encourage you to support organizations important to you
  • Associate Resource Groups: build connections, be yourself, and develop meaningful relationships at work through associate-led ARGs

About Us:

At Securian Financial Group, we believe in fostering an inclusive environment where everyone can thrive. We are committed to treating all individuals with dignity and respect, regardless of their background, identity, or abilities. We strive to provide equal opportunities for all applicants and employees.