FP&A Analyst, GI
The Company: Aflac Asset Mgt. LLC
The Location:
New York City, NY, US, 10005
The Division: Global Investment
Job Id: 7034
About Our Company
Aflac Asset Management, LLC, (d.b.a. Aflac Global Investments or GI) is a wholly owned subsidiary of Aflac, Incorporated (Aflac). GI is headquartered in New York's financial district at 100 Wall Street and is responsible for the overall investment activities of Aflac and its subsidiaries in Japan, the U.S., and Bermuda. With ~150 employees globally, GI manages an investment strategy focused on maximizing long-term returns while preserving capital, subject to our affiliated insurance company's objectives for income, asset-liability management, liquidity, and capital. GI generates approximately $3.5 billion of annual investment income from Aflac's general accounts from a mix of public and private assets across multiple geographies and currencies. As of year-end 2023, Aflac's total general account portfolio was $100 billion.
Summary of Role
We are seeking a Financial Planning and Analysis (FP&A) Analyst with experience in financial forecasting, management reporting, and process improvement to join Aflac Global Investment's (GI's) Finance team. The team seeks to drive value for Aflac and its insurance companies general account assets through new and/or adjacent investment strategies focused on the development and execution of a multi-year corporate business plan as it relates to financial forecasting/planning, financial analysis, and reporting for an insurance asset management firm.
The FP&A Analyst will be a key contributor within the GI organization and will collaborate with investment leaders and teams across the U.S. and Japan, including public and private credit, alternatives, trading, analytics, legal, compliance, human resources, ESG integration, risk management, and corporate business partners.
Candidate Profile
The candidate should have demonstrated experience in a global financial institution in FP&A. The ideal candidate would be a team-oriented individual with a combination of technical skills, critical thinking, quantitative/analytical skills, and agility to work effectively with management, business partners, and team members. The candidate should also have experience in evaluating forecasting and reporting processes and collaborating across teams to develop iterative and transformational improvements with stakeholders such as the CIO team, Accounting, Quantitative Analysts, IT, and Data Governance. The candidate should demonstrate strong attention to detail while investigating and reconciling large financial data sets. The FP&A team operates on a lean scale, so the candidate must have strong time management skills as they will work on multiple processes and projects regularly.
Key Relationships
Reports to: Vice President, Head of FP&A at Aflac Global Investments
Primary Internal Relationships: GI FP&A team members, GI CFO, US CIO team, GI IT, GI Data Governance, GI Quantitative Analytic Solutions team, Japan Investment Planning team, GI business leaders and staff, business partners including Corporate and US FP&A, Investment Accounting, Treasury.
Principal Duties & Responsibilities
Key responsibilities include:
- Supports the Global Investments leadership team in the development and execution of multi-year financial plans; provides rigorous and disciplined actuals vs. budget, forecasting, financial analysis, modeling, and develops valuations of major business initiatives.
- Works with team members and stakeholders in developing the company's annual financial planning processes; prepares financial forecasts; collaborates closely with stakeholders in building accurate and comprehensive assumptions for financial forecasts and plans.
- Supports variance reporting on a monthly, quarterly, and annual basis, including actual to plan and actual to forecast comparisons; conducts other special financial and business studies as requested.
- Collaborates with senior FP&A while supporting the collection, organization, analysis, and evaluation of financial and statistical data; prepares required internal and external records, reports, and analyses.
- Identifies and resolves accounting and financial discrepancies; maintains complete and accurate regulatory filings; assists with developing, analyzing, and implementing accounting procedures.
- Reports, analyzes, and interprets financial and operating data; participates in the preparation and compilation of the annual financial plan.
- Reconciles balance sheet accounts and explains fluctuations; prepares updates, progress and variance reports for management reporting.
- Assists the team in automation and standardization of financial modeling and reporting processes.
- Performs other duties as required.
Candidate Qualifications
The qualified candidate will have credible experience and available references demonstrating the following attributes:
- Bachelor's degree in accounting, finance, or a related field.
- Minimum of 3 years of corporate-level finance experience; financial planning and forecasting experience in the insurance industry is preferred.
- CPA, CFA, or CMA certification is a plus.
- Experience working with various investment asset classes welcomed.
- Experience in implementing financial planning and automation tools is preferred.
- Working knowledge of SAP suite (or similar) is preferred.
- Broad knowledge of Generally Accepted Accounting Principles (GAAP) and Statutory Accounting.
- Ability to understand and use computer systems and application tools for analysis.
Please note: Aflac Global Investments' hybrid working environment requires a minimum of 3 days in the office each week.
The range for this position is: $56,000 - $132,000. This compensation range takes into account various factors including education, experience, and geographic location. Compensation decisions are dependent on individual circumstances.
In addition to the base salary, we offer an array of benefits including medical, dental, and vision coverage, 401(k) plans, and generous paid time off.
We will consider for employment all qualified applicants, including those with a criminal history, in accordance with applicable laws.
#J-18808-Ljbffr
