Financial Planning & Analysis Senior Consultant

Aflac   •  

Columbus, GA

Industry: Accounting, Finance & Insurance


8 - 10 years

Posted 60 days ago

This job is no longer available.

We are the Duck. We inspire and are inspired, listen and respond, empower our people, give back to our community and, most importantly, celebrate every success along the way. We do it all – The Aflac Way.

Aflac, a Fortune 500 company, is an industry leader in voluntary insurance products that pay cash directly to policyholders and one of America's best-known brands. Aflac has been recognized by Fortune magazine as one of the 100 Best Companies to Work For in America for 19 consecutive years, one of the Best Workplaces for Millennials for the past two years and one of America's Most Admired Companies for 16 consecutive years.

Our business is about being there for people in need. So, ask yourself: Are you the Duck? If so, there’s a home — and a flourishing career — for you at Aflac.

The Company


The Location

Columbus, GA

The Division

Chief Financial Officer/Financial Services

The Opportunity

Financial Planning & Analysis Senior Consultant

Job Summary

Prepares updates, progress and variance reports, as well as other ad hoc reports for management reporting; conducts complex capital budgeting vs. expenses analyses for projects provided by Corporate Finance to ensure they are in accordance to GAAP and are meeting the organization’s P&L plan and forecast goals, including capitalization thresholds

Principal Duties & Responsibilities

Maintains allocation/charge back methodology and approach to assign costs/expenses to individual cost centers /targets, etc.

Works with Financial Reporting, FP&A Business Partners (FBPs), and other FP&A Central resources to collect appropriate expense data, and manage/develop product costing views for US and AGI

Conducts ongoing process constraint analyses

Contributes to expense allocations and distribution to products, channel, etc., to establish unit cost/ profitability and influence pricing decisions in the Actuarial department

Performs/leads monthly and quarterly cost studies/updates for the US and AGI

Performs cost accumulation tasks as a member of the target costing group

Identifies opportunities for cost savings/rationalization so that costs are aligned with strategies

Serves as a resource for less-experienced team members using broad knowledge, experience and analytical tools to assist in the attainment of department/organizational goals

Leads Cost and Profitability projects

Acts as a financial consultant and advisor to division (HR, IT, Internal Ops, Sales, etc.) leader related to expense management; serves as point of contact to anticipate and identify FP&A needs, communicates and introduces service requests into FP&A organization, and collaborates with division leadership on expense management opportunities

Interfaces with one or more division heads, and (as necessary) the FP&A Business Partner (FBP), to coordinate planning & forecasting services in alignment with customer requirements

Works with FP&A Central Leader to translate business customer needs into specific action plan for FP&A associates, and to balance workload and resource allocation to meet business needs

Identifies services & customer expectations in collaboration with the FBPs, Process Leads and FP&A Central Leader and ensures that the delivery of services is aligned with those expectations

Attends division leader meetings, participates in expense reviews with division leaders, and contributes to development of improvement plans within function

Collaborates with Corporate FP&A, FP&A Central Leader, US/AGI FBPs and their business partners to set and distribute annual expense targets that align function/ division performance to enterprise objectives

Collaborates with division leadership in creating the annual expense plan and periodic forecasts

Works with division leaders to identify expense drivers and “what-if” scenarios for planning models

Works with US/AGI FBPs, and operations and division leaders to operationalize plans, evaluate performance against plans, identify corrective action, and realign expectations as needed

Develops and monitors expense management action plans, including variances to plan and future forecasts; drives understanding, analysis and resolution of root causes of performance gaps

Supports US/AGI FBPs in analyzing expense performance trends across business dimensions (e.g., channel, product, market, etc.) as needed; identifies risks and opportunities and means to address

As needed, assists FP&A Central and Corporate FP&A with developing summary narratives to “tell the story” behind performance gaps and trends

Challenges division management in applying analytical insights to improve expense control

Performs other duties as assigned


Education & Experience

Bachelor’s Degree in Accounting, finance or related field with ten years of professional job related work experience, or an equivalent combination of education and experience

Five years of experience in financial modeling, financial statement analysis, and statistical analysis is required

Master’s Degree in Finance or a quantitative field along with insurance industry experience is preferred

Job Knowledge & Skills

Advanced Microsoft Office skills (Excel, PowerPoint)

Accounting or Budgetary Software: Advanced (SAP Preferred)

Knowledge and demonstrated experience performing complex financial analyses and related valuation methodologies, systems and quantitative business-based analyses, and creating metrics; ability to prepare statistical studies and trend analyses using internal and external information to demonstrate relevant changes and recommend improvements or solutions

Strong teamwork and interpersonal skills, including the ability to communicate effectively with all levels of the organization

Knowledge of Generally Accepted Accounting Principles (GAAP), and other financial related federal regulations, state insurance department statutes, and state regulations

Demonstrated project management skills

Advanced knowledge of the business operations of assigned groups/divisions supported

Ability to collaborate with customers, business partners, FP&A team, and all levels of leadership to deliver results

Core Competencies

Action Oriented, Customer Focus, Adaptability, Listening, Ethics and Values, Integrity and Trust

Functional Competencies

Business and Financial Acumen, Decision Quality, Functional/Technical Skills, Informing, Peer Relationships, Planning, Presentation Skills, Priority Setting, Problem Solving, Process Management, Negotiating, Organizational Agility, Political Savvy, Interpersonal Savvy