FP&A Analyst, GI

Aflac • New York, NY, United States • $200k - $250k / year • 3w ago

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 with a focus on preservation of capital, subject to our affiliated insurance company’s objectives for income, asset-liability management, liquidity, and capital. GI is responsible for generating 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 their teams across the U.S. and Japan, including public and private credit, alternatives, trading, analytics, legal, compliance, human resources, ESG integration, risk management, along with 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 the 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 various stakeholders.

Ideal candidate experience would include smaller-scale but impactful changes to financial planning processes through the use of automation tools (i.e., Alteryx, Power Automate, Power Query), standardization of templates and large data sets, and integrating other best practices throughout the forecasting cycle.

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 actuals vs. budget, forecasting, financial analysis, modeling, and develops valuation of major business initiatives.
Works with team members and stakeholders in developing the company’s annual financial planning processes, Global Investments consolidations, and coordination of design and testing changes to various financial models.
Supports variance reporting on a monthly, quarterly, and annual basis, including actual to plan and actual to forecast comparisons; develops and prepares forecast models to analyze trends for various lines of business and investment strategies.
Collaborates with senior FP&A while supporting the efforts of collecting, organizing, analyzing, and evaluating financial and statistical data; prepares required internal and external records, reports, statistics, financial statements, analyses, etc.
Identifies and resolves accounting and financial discrepancies; maintains complete and accurate regulatory filings; assists with developing, analyzing, and implementing accounting procedures in conformance with GAAP, STAT, and other regulatory standards.
Reports, analyzes, and interprets financial and operating data, including financial statements, cost-volume-profit analysis, performance assessments, vendor contracts, and proposals.
Reconciles balance sheet accounts and explains balance fluctuations; prepares updates, progress and variance reports, and other ad hoc reports for management reporting.
Assists team in automation and standardization of financial modeling and reporting processes through the use of standardizing large data sets and templates, automation tools, and implementing best practices.
Performs other duties as required.

Candidate Qualifications

The qualified candidate will have credible experience 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 with various investment asset classes welcomed; Fixed Income, Public, Private, Alternatives, and Growth Assets.
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) with an emphasis on insurance.
Knowledge and demonstrated experience performing complex financial analysis and related valuation methodologies.
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 on this position is: $56,000 - $132,000.

In addition to the base salary, we offer an array of benefits to meet your needs including medical, dental, and vision coverage, prescription drug coverage, health care flexible spending, dependent care flexible spending, Aflac supplemental policies, 401(k) plans, and generous paid time off.

We will consider for employment all qualified applicants, including those with a criminal history, in a manner consistent with applicable laws.

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