Job Description
The Jonus Group is a specialized insurance staffing firm committed to connecting skilled professionals with leading insurance companies. Our client is currently seeking an experienced Finance Business Partner to join their team. Ideal candidate has experience with accounting, general ledger, budgeting, forecasting, ASC606, balance sheet reconciliations, and variance analysis.
As the Finance Business Partner, you will play a critical role in managing the financial aspects of the Workers Compensation function, providing strategic insights and financial guidance to support decision-making and optimize the effectiveness of the program. You will serve as a trusted advisor to business leaders, providing financial insight, analysis, and guidance to drive decision-making and business performance. You will work closely with cross-functional teams, ensuring financial goals align with organizational objectives and contribute to long-term growth and profitability.
Key Responsibilities:
Partner with business leaders to provide financial insights and recommendations to optimize revenue growth, pricing strategies, cost efficiency, and margin improvement
• Lead financial analysis and reporting for the Workers Compensation program, including budgeting, forecasting, and variance analysis
• Support long-term business planning by developing financial models, budgets, and forecasts
• Conduct scenario analysis and sensitivity testing to support decision-making
• Analyze financial performance, identify key trends, and provide variance analysis against budgets and forecasts and provide insightful recommendations to senior leadership for improving financial outcomes
• Ensure accuracy and completeness of month-end financial reports, including Balance Sheet and P&L reviews with delivery to divisional CFO
• Collaborate with shared service teams to manage financial close processes, ensuring timeliness and accuracy
• Review and approve cash flow forecasts and work closely with the Treasury Manager to manage cash pooling and optimize cash usage across the business
• Oversee accounts receivable collections and working capital management to improve cash conversion cycles
• Responsible for delivery of standard month-end reporting requirements to include revenue analysis, KPI and strategic initiative tracking, capex and exceptional costs
• Review and approve local bonus accruals, payroll reconciliations and other ad hoc requests
• Manage external and local audit process and liaise with auditors, bankers, tax authorities, and other external parties
• Drive operational efficiency by identifying cost-saving opportunities and optimizing financial processes
• Act as a trusted finance advisor to business leaders, bridging the gap between finance and operations
Qualifications:
• Bachelor’s degree in finance, Accounting, Economics, or a related field (MBA or CPA/CFA preferred)
• 7-10 years in a finance business partner, financial analysis, accounting manager or senior accountant role preferably in insurance, workers compensation, or risk management
• Strong understanding of workers’ compensation financials, financial modeling, budgeting, forecasting, and variance analysis
• Proficiency in ERP systems (Sage Intacct, Microsoft Dynamics, and/or Oracle) and advanced Excel skills
• Excellent analytical skills with the ability to translate financial data into strategic insights
• Strong communication and stakeholder management skills, with the ability to influence decision-making
• Experience in working with senior management and cross-functional teams
Compensation & Benefits:
- $120,000 - $150,000, but depending on the candidate, there could be room for a slight increase + a 10% discretionary bonus.
- Medical, dental, and vision plans to ensure your health and that of your family.
- A 401k plan with employer matching to help you build a secure financial future.
- Our time-off policies, including Discretionary Time Off for exempt employees and Paid Time Off (PTO) package for non-exempt employees, reflect our commitment to promoting a healthy work environment.
- Paid holidays.
- Life insurance and both short-term and long-term disability plans, providing essential financial protection for you and your loved ones.
This is a fully remote opportunity!
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