For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters the most. We live our values every day, demonstrating we CARE through our values, ESG initiatives and IDE journey.
Our Finance team is currently seeking a Financial Analyst I in our Worcester, MA location. This is a full time, exempt role. Position is eligible for Hybrid/Flex work arrangement.
POSITION OVERVIEW:
A Financial Analyst I develops, interprets, and implements complex financial and accounting concepts, or techniques for financial planning and control, by performing the duties below.
IN THIS ROLE, YOU WILL:
- Conduct special studies to analyze complex financial actions and prepare recommendations for policy, procedure, control, or action.
- Provide interpretation of financial policies, governmental legislation, accounting theory, or customer financial regulations.
- Analyze financial information to determine present and future financial performance.
- Identify trends and recommend improvements accordingly.
- Evaluate complex profit plans, operating records, and financial statements.
- Direct preparation of studies, reports, and analyses in areas such as budgets, forecasts, financial plans, governmental requirements, statistical reports, cash flow projections, and business forecasts.
- Interpret and apply corporate financial policies, government legislation, and accounting theory.
- Establish databases of pertinent information for use in analyzing future plans and forecasts.
- Make recommendations to management regarding cost saving or profit generating opportunities and profitability improvement strategies.
- Coordinate with all levels of management to gather, analyze, summarize, and prepare recommendations regarding financial plans, acquisition activity, new business planning, trended future requirements, government requirements, and operating forecasts.
- Research and prepare economic reports on subjects such as rate of return, depreciation, working capital requirements, investment opportunities, investment performance, and impact of governmental requirements.
- Assist organization's controller in the development of the budget, planning, and other corporate financial requirements.
- Under supervision, perform work that is varied and that may be somewhat difficult in nature, but usually involves limited responsibility.
- Minimal administrative duties.
- Some evaluation, originality or ingenuity is required.
WHAT YOU NEED TO APPLY:- Typically has 0-2 years related experience.
- Bachelor's degree or equivalent.
- Knows and applies a broad knowledge of principles, practices, and procedures of particular field of specialization.
Physical Demands and Work Environment:- Able to use a personal computer and other standard office equipment.
- Able to work in a fast paced or stressful environment.
- Able to travel as necessary.
- Able to sit and/or stand for extended periods (75%-90%, as appropriate).
- Required to work on-site.
- Able to work cooperatively.
CAREER DEVELOPMENT:It's not just a job, it's a career, and we are here to support you every step of the way. We want you to be successful and fulfilled. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you - at every level - to grow and develop.
BENEFITS:We offer comprehensive benefits to help you be healthy, build financial security, and balance work and home life. At The Hanover, you'll enjoy what you do and have the support you need to succeed.
Benefits include:
- Medical, dental, vision, life, and disability insurance.
- 401K with a company match.
- Tuition reimbursement.
- PTO.
- Company paid holidays.
- Flexible work arrangements.
- Cultural Awareness Day in support of IDE.
- On-site medical/wellness center (Worcester only).
EEO statement:The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.
As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities. Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to perform essential job functions, should contact us at: HRServices@hanover.com and include the link of the job posting in which you are interested.
Privacy Policy:To view our privacy policy and online privacy statement, click here.
Applicants who are California residents: To see the types of information we may collect from applicants and employees and how we use it, please click here.
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