Finance Manager

Position Summary

ELCO is seeking a Finance Manager to build, establish and lead a finance team. This role will be responsible for development and overseeing the financial forecasting, budgeting, and analysis to support strategic decision-making across the organization, transform financial planning and decision making into a source of advantage for the enterprise by enabling the business to better anticipate opportunities, spot risks and drive faster resource reallocation. ELCO does have an asset management partner to manage its investment portfolio. The ideal candidate will have strong leadership skills, an in-depth understanding of financial management principles, a solid understanding of accounting principles, excellent communication abilities and a proven track record of driving process improvements.

Job Responsibilities:

• Manage and oversee the annual budgeting, forecasting, and long-range financial planning processes.
• Develop and maintain complex financial models to support decision-making across the organization.
• Analyze financial data to identify trends, risks, and opportunities for growth.
• Collaborate with cross-functional teams to gather relevant information for financial analysis, ensure alignment of financial plans with strategic objectives.
• Forecasting future performance and advise on financial implications of business decisions.
• Prepare ad-hoc financial analyses and reports as needed to support decision-making.
• Evaluate potential strategies to support growth initiatives.
• Drive improvements in financial processes, systems, and reporting capabilities to enhance efficiency and accuracy.
• Mentor and develop FP&A team members, promoting a culture of continuous learning and professional growth.
• Other duties as assigned.

Success Factors:

• Proven ability to lead and develop high-performing teams.
• Strong attention to detail, problem-solving abilities, and a results-driven mindset.
• Experience implementing a robust and dynamic forecasting model that incorporates scenario planning capabilities, predictive analytics, and data-drive insights to enhance decision support.
• Strategic thinking and business acumen.
• Excellent communication, presentation, and interpersonal skills.
• To be highly organized, detail oriented, able to set priorities, manage time effectively and multitask with daily interruptions

Qualifications:

• Bachelor's degree in finance, accounting, or a related field. Advanced degree or CFA a plus.
• 7-10 years of experience in financial planning and analysis, with at least 2 years in a leadership role preferably within the life insurance industry. Expert financial modeling and analytical skills.
• Proficiency in Microsoft Excel and financial planning/software applications.
• In-depth knowledge of accounting principles, financial statement analysis, and management reporting.
• Track record of delivering insightful strategic decision support to the CFO, C-suite, and Board. Experience in long-term strategic planning, profitability improvement.

Physical Demands and Work Environment:

The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

*Physical demands: Constant use of both hands, arms reaching handling/ grasping/fingering while keyboarding, using phone, calculator, and other office equipment, writing instructions, filing and performing other administrative duties. Employee must occasionally lift and/or move up to 15 pounds. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception and the ability to adjust focus.

*Work Environment: The noise level in the work environment is usually minimal.

Benefits:

• Competitive Pay
• Company contributions towards employee and dependent health, dental and life insurance plans
• Paid vacation and sick pay
• Annual Bonuses-5-15% of salary
• 401K Contribution
• Tuition Assistance
• Remote Work Opportunities
• 37-hour work week

Job Type: Full-time

Pay: $110,000.00 - $140,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Flexible spending account
• Health insurance
• Life insurance
• Paid parental leave
• Paid time off
• Tuition reimbursement

Schedule:

• 8 hour shift
• Monday to Friday

Experience:

• Corporate finance: 7 years (Required)

License/Certification:

• Certified Financial Planner or Certified Public Accountant (Preferred)

Ability to Commute:

• Lake Bluff, IL 60044 (Required)

Work Location: Hybrid remote in Lake Bluff, IL 60044

Salary : $110,000 - $140,000