Cost Allocation and Financial Analysis Specialist

Cedent - Chicago, IL

Full-time - Senior

Chicago, IL

About the position

The Cost Allocation and Financial Analysis Specialist will serve as a key business partner, responsible for supporting strategic financial analysis and project management within a fast-paced environment. This role involves leading system enhancements, establishing unit costs, and driving process improvements while collaborating with various business units to enhance profitability reporting and initiatives.

Responsibilities

• Support projects and ad hoc strategic and financial analysis.
• Lead and support new system requirements/enhancements.
• Define components of a unit cost and establish policy and reporting procedures.
• Establish standard unit costs during the planning process and facilitate discussions on changes in annual rates and volumes.
• Identify areas for process improvements and ensure training materials, policies, and procedures are up to date.
• Work with Business Unit leads to develop, execute, and institutionalize complex value-add initiatives.

Requirements

• 8 or more years of cost allocation/financial analysis experience.
• Experience in the Financial Services industry is a plus.
• Bachelor's degree in Finance or Accounting.
• MBA, CFA, or CPA is a plus.
• Knowledge of Cognos, Hyperion HFM, TM1 is a plus.
• Coding/programming knowledge is a plus.
• Ability to operate autonomously and manage projects effectively.
• Intimate knowledge of cost allocation and experience with various platforms (SAP, Oracle, etc.).
• Strong attention to detail and ability to coordinate internal resources across multiple projects.

Nice-to-haves

• Experience with financial analysis in a fast-paced environment.
• Strong working knowledge of Excel and PowerPoint presentation skills.

Benefits

• Competitive salary with benefits package.
• Opportunity to be part of a great culture and team.