Business Analyst

We are seeking a highly motivated Budget and Expense Analyst to thrive in a dynamic, innovative, and collaborative setting. This role involves managing a complex budget, encompassing expense management, reconciliation, and forecasting. A key aspect will be the automation of financial data through the development of insightful visualization dashboards for key organizational units, including Brand, Product, and Distribution. Additionally, this position will lead the design and implementation of Variable Incentive Compensation Plans for a specific group within the organization. This includes presenting data summaries and interpretations to executive and senior leadership in a compelling and narrative-driven manner. In alignment with our company values, the successful candidate will demonstrate accountability, agility, a commitment to inclusivity, strong business understanding, and the ability to act decisively, even in challenging situations. Excellent communication skills, intellectual curiosity, proactivity, resilience, and self-awareness are also highly valued.

Key Responsibilities Include:

• Drive continuous process improvement by maximizing the use of technology to streamline and automate financial data, including the creation of visualization dashboards.
• Manage data consolidation and interpretation for budget-related tasks across relevant cost centers, including tracking expenses and personnel.
• Act as a key point of contact with the Strategic Finance department regarding forecasting and budget management for the designated organizational units.
• Develop a strong understanding of the current business strategy to analyze and report on the progress of the budget and financial performance.
• Collaborate closely with teams across the organization to develop and produce analyses related to expense and personnel trends, proactively identifying any data or expense discrepancies.
• Develop a detailed understanding of the budget to provide recommendations to leadership on budget allocation and enhancements.
• Manage monthly and quarterly budget and planning review processes, including coordinating agendas, documenting changes, and maintaining records of current plans.
• Utilize various tracking systems and databases to monitor the budget effectively.
• Prepare timely, high-quality, clear, and concise materials for regular business meetings, including presentations, reports, and communications for senior and executive leadership from a budget, expense, and personnel perspective.
• Take a leading role in the creation and execution of Variable Incentive Compensation Plans for a specific business unit. Collaborate with Business Leaders and HR Compensation partners to develop plans that incentivize employees to achieve Business Strategies in a fiscally responsible manner.
• Lead the development and implementation of a personnel tracking and reconciliation system that efficiently aligns HR and Financial systems. This will involve identifying appropriate technical tools and working with relevant corporate partners to deliver effective reporting.
• Prepare monthly/quarterly Variable Incentive compensation payouts for all relevant plans according to the Plan documents for payroll processing.
• Complete necessary employee statements on a monthly/quarterly basis following payment processing.
• Collaborate with team members to enhance understanding of business areas and Plan design to provide informed consultation and advice to management on appropriate incentives to drive results.
• Provide support in developing new expense models and processes.
• Apply fundamental project management skills, tools, and techniques to project deliverables, processes, communications, and presentations to meet or exceed stakeholder expectations.

Minimum Qualifications:

• Bachelor's degree.
• 7 years of professional experience in budgeting, forecasting, and accruals, including practical experience with data visualization tools such as Tableau or MicroStrategy.
• 3 years of strong proficiency in Microsoft Office Suite, particularly Excel.

Ideal Qualifications:

• Proficient in using data query and analysis tools and retrieving data from core databases.
• 10 years of professional experience in budgeting, forecasting, and accruals, including hands-on experience with data visualization tools like Tableau or MicroStrategy.
• 8 years of work experience within the financial services or insurance industry.
• Familiarity with sales incentive compensation programs.
• Exceptional organizational skills and a strong attention to detail.
• Excellent written and interpersonal communication skills.
• Solid understanding of finance processes.

What to Expect:

• Regular team meetings with the Platforms and Enablement team.
• Focused individual meetings with your manager.
• Daily interactions with immediate team members.
• Opportunities for mentorship.
• Networking opportunities through various employee resource groups focused on diversity and inclusion.
• Access to learning resources on relevant platforms.
• Your ethical standards and integrity will be highly valued within a company committed to ethical business practices and offering competitive compensation and benefits.