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Associate, Financial Analyst

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New York Life Insurance Company

1mo ago

  • Job
    Full-time
    Junior & Mid Level
  • Accounting & Tax
    Banking & Finance
  • New York

AI generated summary

  • You need a Bachelor's in finance/accounting, 1-3 years’ experience, strong Excel/PowerPoint skills, familiarity with budgeting systems, and excellent analytical, communication, and project management abilities.
  • You will analyze expenses and headcount trends, develop budgets, prepare executive presentations, liaise with business leaders, and support continuous improvement initiatives.

Requirements

  • Bachelor's degree in finance, accounting or similar preferred; MBA preferred, but not required.
  • 1-3 years of relevant work experience
  • Proficient to advanced knowledge of MS Excel/PowerPoint is required; Tableau or other data analytic tools experience preferred.
  • Proficiency in enterprise-based ledger and budgeting systems (SAP, Hyperion, Oracle, etc.)
  • Excellent analytical capabilities and problem-solving skills
  • Has a proven ability to collaborate and build strong business partnering relationships.
  • Strong communication skills: Ability to communicate with mid to senior level leadership.
  • Project management and process improvement skills, ability to multitask.
  • Is action-oriented and self-directed. A self-starter with a keen sense of ownership and commitment to the work, and a passion to deliver results.
  • Should be comfortable with ambiguity and developing solutions to improve operational issues.

Responsibilities

  • Manage the reporting and analysis of expenses, strategic initiatives and headcount, including the development of analysis and business driver commentary.
  • Liaise with business leaders and HR business partners to review expense and headcount trends, understand new demand and advise on timing of implementation of new spend.
  • Develop understanding of operations, long term strategy and aligning it with long-term financial strategy.
  • Develop forward year budgets and forecasts including the communication of expense growth guidance and other assumptions, review of strategic/operations plans and ensuring budgets align with overall business objectives.
  • Prepare executive level presentations for Senior Finance and Business Leadership teams.
  • Partner with our expense leadership team to help drive continuous improvement efforts.
  • Create in depth analysis related to various business expense drivers.

FAQs

Is this position fully remote?

No, this position is hybrid, requiring employees to be in the office 3 days per week.

What is the salary range for the Associate, Financial Analyst position?

The salary range for this position is $62,400 to $90,000.

What qualifications are preferred for this position?

A Bachelor's degree in finance, accounting, or a similar field is preferred, and an MBA is also favored but not required.

How much relevant work experience is required for this role?

The role requires 1-3 years of relevant work experience.

What skills are essential for this position?

Essential skills include proficiency in MS Excel and PowerPoint, excellent analytical and problem-solving abilities, strong communication skills, and the ability to build business relationships.

Is there a bonus structure associated with this position?

Yes, the position is eligible for a discretionary bonus.

Are there specific tools or systems experience required?

Yes, proficiency in enterprise-based ledger and budgeting systems such as SAP, Hyperion, or Oracle is required, along with experience in data analytic tools like Tableau preferred.

What type of work will the Associate, Financial Analyst be doing?

The role involves managing expense reporting and analysis, collaborating with business leaders on expense trends, developing budgets and forecasts, and preparing executive level presentations.

What is the company’s stance on diversity and inclusion?

New York Life values a diverse workforce and is committed to diversity, equity, and inclusion as guiding principles embedded in their brand and culture.

What benefits does New York Life offer its employees?

New York Life provides a comprehensive benefits package that includes leave programs, adoption assistance, student loan repayment programs, and additional offerings based on employee feedback.

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New York Life Insurance Company

1-10
Employees
1845
Founded Year

Mission & Purpose

For over 175 years, we've been helping people put love into action. As a mutual company we hold ourselves to the highest standards of transparency, objectivity, and integrity. We’re committed to improving local communities through a culture of giving and volunteerism, supported by our own New York Life Foundation. Join a company that values development, career growth, collaboration, innovation, and diversity & inclusion. Through various resources and programs, you can grow your career while developing personally and professionally. We invite you to bring your talents here, so we can continue the good to help families and businesses “Be Good at Life.” New York Life is an Equal Opportunity Employer M/F/Disability/Veteran/Sexual Orientation/Gender Identity Read our disclaimers: http://nyl.co/socialmedia