Associate, FP&A Analyst, GI
AFLAC - New York City, NY
posted 2 days ago
About the position
We are seeking a Financial Planning and Analysis (FP&A) Analyst with experience in financial forecasting, management reporting, and process improvement experience to join Aflac Global Investment's (GI's) Finance team. The team seeks to drive value for Aflac and its insurance companies general account assets through new and/or adjacent investment strategies focused on the development and execution of a multi-year corporate business plan as it relates to the financial forecasting/planning, financial analysis, and reporting for an insurance asset management firm. The FP&A Analyst will be a key contributor within the GI organization and will have the opportunity to collaborate with investment leaders and their teams across U.S. and Japan; including public and private credit, alternatives, trading, analytics, legal, compliance, human resources, ESG integration, risk management, along with corporate business partners. The FP&A Analyst will also work with staff in Aflac Inc., Aflac US and Aflac's Japan insurance asset management subsidiary (AAMJ), which has primary investment and asset management responsibility for Aflac's Japan insurance company.
Responsibilities
- Supports the Global Investments leadership team in the development and execution of multi-year financial plans; provides rigorous and disciplined actuals vs. budget, forecasting, financial analysis, modeling and develop into valuation of major business initiatives.
- Works with team members and stakeholders in developing the company's annual financial planning processes, Global Investments consolidations, coordination of design and testing changes to various financial models.
- Supports variance reporting on a monthly, quarterly and annual basis, including actual to plan and actual to forecast comparisons.
- Collaborate with senior FP&A while supporting the efforts of collects, organizes, analyzes, and evaluates simple to moderate financial and statistical data.
- Identifies and resolves accounting and financial account and/or transaction discrepancies, and provides detailed explanations for variances between actual and planned activities.
- Reports, analyzes, and interprets financial and operating data, including financial statements, cost-volume-profit analysis, performance assessments, vendor contracts and proposals.
- Reconciles balance sheet accounts and explains balance fluctuations; prepares updates, progress and variance reports, and other ad hoc reports for management reporting.
- Assist team in automation and standardization of financial modeling and reporting processes through the use of standardizing large data sets and templates.
Requirements
- Bachelor's degree in accounting, finance, or a related field.
- Minimum of 3 years of corporate-level finance experience; financial planning and forecasting experience in the insurance industry is preferred.
- CPA, CFA or CMA certification is a plus.
- Experience working with various investment asset classes welcomed; Fixed Income, Public, Private, Alternatives, and Growth Assets.
- Experience in implementing financial planning and automation tools, i.e. EPBCS, Anaplan, Planful, Alteryx, is preferred.
- Working knowledge of SAP suite (or similar) is preferred.
- Broad knowledge of Generally Accepted Accounting Principles (GAAP), Statutory Accounting with an emphasis on insurance.
- Knowledge and demonstrated experience performing complex financial analysis and related valuation methodologies.
Nice-to-haves
- Experience in investments is preferred and global experience is strongly welcomed.
- Working knowledge of JGAAP is welcomed plus.
- Ability to understand and use computer systems and application tools for analysis.
Benefits
- Medical, dental, and vision coverage.
- Prescription drug coverage.
- Health care flexible spending.
- Dependent care flexible spending.
- Aflac supplemental policies.
- 401(k) plans.
- Generous paid time off.
- Time off for designated paid holidays and other leaves of absence.
