Vice President, Financial Planning & Analysis

Company: Relation Insurance, Inc
Location: Chicago
Posted on: February 25, 2021

Job Description:

We recognize that with the constantly changing COVID-19 situation around the world, this is an unprecedented time for everyone - a time that, for many, is filled with uncertainty. Our hearts and thoughts go out to each and every one of you. Our first priority remains the health and safety of our employees, clients, partners and their families. We have defined actions to promote "social distancing" to reduce the spread of the virus while ensuring that we continue to provide the highest level of service to our clients. Rest assured, we are committed to working with our clients to assist with current as well as prospective coverage. We encourage you to leverage Relation to continue to deliver solutions in these challenging times. Check out our COVID-19 Resources page for more information. Close Description Relation is among the fastest-growing insurance brokers in the U.S. We work together to bring new products, capabilities and ideas to our clients, while preserving the local relationships and expertise that our clients have come to expect. Our employees and our clients are our top priorities---our success is built upon both and we take that seriously. We offer a competitive compensation package (including benefits), a collaborative team environment and growth opportunities.-- We are looking for brilliant minds to come join us in a fast-paced, exciting work environment where having fun while working hard is part of our core values. Our culture encourages personal growth, and success. Are you a team player who enjoys challenging work? Do you believe the client always comes first? Come claim your future with a growing company that can help you be your best. Build a lasting connection with Relation! POSITION SUMMARY The Vice President of Financial Planning & Analysis (FP&A) will lead the development of financial planning tools and will drive the analysis of the operational and financial performance within Relation. The Vice President, Financial Planning & Analysis will be responsible for Relation's financial reporting and modeling including identifying opportunities to increase the predictive accuracy of forecasts. This position will provide financial reporting and analysis for management as well as external reporting, prepare ad-hoc analysis and complete special projects as needed. The position will report to the CFO and will be a member of the Finance Leadership Team. A GLIMPSE INTO THE POSITION-- --- Manages the Financial Planning & Analysis and Compensation teams comprised of financial and compensation analysts. --- Drives the monthly financial close process by setting timeframes and deliverables, reviewing results, and working with the CAO and accounting team to ensure results are accurate. --- Identifies and implements areas for improved efficiency and potential for automation to expedite the financial close. --- Develops, tracks and analyzes Key Performance Indicators (KPI's) --- Coordinates with the corporate controller to roll-up consolidated results, prepares cashflow for the business units, and monthly Management, Discussion and Analysis (MD&A). --- Provides fiscal and organizational insight to executive management, business unit leaders, and corporate department heads related to objectives from established budgetary --- Analyzes and evaluates business unit and departmental budget requests aligning with corporate expectations and prepares budgetary documents, reports, and recommendations. --- Clearly and concisely communicates expected and actual financial results and the activities underlying those results with business unit leaders and senior management. --- Leads the budget process by holding meetings and compiling budgetary and fiscal data received for all business units/departments. Prepares income statements and related underlying support as well as historical comparisons of business unit/departmental expenditures with requested appropriations. --- Prepares materials for Board of Director and Lender presentations. --- Coordinates with the CAO and corporate controller for the annual audit by compiling detailed documentation and timely delivery of required support. --- Completes special projects, requests for financial information from business unit leaders, and ad hoc reporting. --- Determines best practices for acquisitions as a member of the finance integration team and is the lead liaison with human resources for acquisition personnel set-up and mapping to the general ledger. --- Leads the financial reporting cross functional process as part of the operations coordination team. --- Performs other duties or projects as assigned. Requirements SKILLS --- Expert in Excel and PowerPoint, with a good understanding of Word --- Excellent experience with software used in data collection, data warehousing, business --- Excellent analytical and mathematical skills; accounting foundation helpful --- Excellent interpersonal skills; strong oral and written communication --- Excellent problem solving, relationship management, and critical thinking skills --- Works cross-functionally and at all levels as both a self-starter and in a team environment. --- Thinks critically, creatively, analytically, and with sound judgment to develop and provide comprehensive, in-depth financial analyses and ad hoc projects EDUCATION AND QUALIFICATIONS --- 5+ years' experience in financial analysis, business administration, general accounting, economic analysis, or related area --- Above average ability working with software and systems both as currently used by the Company and alternative industry standards --- Based on area of expertise, demonstrated application of financial and business knowledge --- Able to operate in a high paced matrix environment --- BA/BS in Accounting, Finance, Economics, Business or Statistics preferred --- Experience in the insurance industry preferred Relation Insurance Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Keywords: Relation Insurance, Inc, Chicago , Vice President, Financial Planning & Analysis, Executive , Chicago, Illinois