Financial Analyst
- Employer
- MAPFRE Insurance
- Location
- Webster, Massachusetts - Hybrid
- Salary
- Salary Commensurate with Experience
- Posted
- Sep 26, 2022
- Closes
- Nov 25, 2022
- Ref
- 27857
- Category
- Accounting
- Job Type
- Full Time
- Career Level
- Experienced (Non-Manager)
Job Summary
Position can be at a higher level commensurate with experience.
Assist with annual budgeting, financial forecasting and monthly variance analysis for specified expense accounts. Through in depth analysis, this role will identify key spending trends and translate data into actionable insights. Perform various accounting functions including journal entries, account reconciliations, external provider invoicing and reconciliation, and special projects as directed. Develop a thorough understanding of the inter-company management fee accounting process and ensure management fees are allocated properly by company, state and line of business. Continually analyze procedural methodologies to initiate efficiencies.
Knowledge, Skills and Abilities
Education: Bachelor's Degree or professional level of knowledge in a specialized field, or equivalent, related experience. Experience: 2 - 4 years - or Associates Degree equivalent plus 4 - 6 years.
Knowledge: General knowledge of industry practices, standards, and concepts within field of work. Applies them to perform work requiring analytical business skills.
Decision Making: Makes decisions using broad management limits. Applies guidelines and procedures that leave considerable room for discretion and interpretation. Decisions directly influence project, client relationships and or expenditures. Additionally, decisions exert some influence on organization's long-range goals and objectives. Participates in determining objectives of assignments.
Supervision Received: Works independently under general supervision. Work is reviewed for overall adequacy in meeting objectives.
Leadership: May provide training and guidance to less experienced staff. Problem Solving /Operations/Direct Work Involvement: Develops solutions to a variety of problems, typically of moderate scope and complexity. Refers to and interprets policies and practices for guidance. Client Contacts: Contacts other departments and or external organizations or parties frequently. Contacts are primarily at or below upper management levels. Represents organization on specific projects. Communication may involve persuasion, and negotiation.
Additional Knowledge, Skills and Abilities
- Requires a Bachelor’s degree, with a degree in accounting or finance preferred
- Minimum of two (2) years analytical experience and a solid understanding of basic accounting terms
- Excellent interpersonal and written communication skills
- Ability to work independently and within a group
- Intermediate knowledge and skills in Microsoft Excel and Word required