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 – Workers’ Compensation to join their team. Must have workers comp background handling financial's and currently working for an insurance company. This is a fully remote opportunity!
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)
• 5+ years in a finance business partner or financial analysis 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, or similar) 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.
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