Job Description

YOUR ROLE

The Expense Analyst will be primarily responsible for providing the organization with budget development and expense management support for multiple business functions. As the primary point of contact, the analyst will have the opportunity to develop deep understanding of the assigned functional areas and to build strong expense management partnerships with senior leaders.

YOUR RESPONSIBILITIES
• Provide overall expense planning, analysis, and management support to functional leaders
• Understand the value proposition of individual business functions – activities performed for the business, level of service delivered to stakeholders and alignment to business strategy and goals
• Coordinate annual Budget and Time Study completion efforts for assigned functions – from ensuring proper system setup and data entry training to delivering relevant analysis and reporting
• Execute tasks required for monthly close including facilitating appropriate expense accruals, re-classes, charge-outs, and project capitalization
• Partner with cost center owners on detailed expense analysis, forecasting, and management to budget constraints
• Deliver consolidated expense analysis and forecasting to functional leaders and finance
• Identify key expense drivers and develop performance metrics & allocation / charge-out logic for individual functions, as appropriate
• Utilize benchmarking / research / analysis to identify expense efficiency and best practice opportunities
• Complete ad hoc analysis & reporting requests, such as Cost-Benefit Analysis, Vendor Cost Savings, etc.
• Responsible for the monthly expense allocations process – allocation drivers upload, pre-run validations / issue resolution, post-allocations correcting journal entries.
• Support the expense team through specific assignments related to close, expense forecasting, multi-year planning, budgeting, time studies, expense allocations and/or other routine or ad hoc activities.
• Participate in projects related to expense/finance process improvements and/or technology changes such as Robotic Process Automation.

• Develops and implements continuous and sustainable cost reduction and management programs to enhance the organization's profitability
• Works closely with business unit managers and finance staff to understand the units' fixed and variable expenses and reviews same for possible cost-saving opportunities
• Produces expense analyses to facilitate a detailed understanding of the organization's expense base, identify savings opportunities and ultimately reduce expenses
• Monitors expense control and reduction and produces periodic progress reports and presentations for management
 

YOUR QUALIFICATIONS
• Bachelor’s degree in Finance, Accounting or related field with 2-5 years of experience
• Excellent analytical and problem-solving skills
• Attention to detail with ability and desire to understand the big picture
• Effective communication skills with the ability to develop and deliver clear, crisp, audience-focused messages and presentations
• Passion for building partnerships with colleagues and senior leaders
• Ability to self-lead and take initiative
• Strong sense of accountability for results
• Ability to work effectively in a high-paced environment and manage multiple, changing priorities

ADDITIONAL QUALIFICATIONS
• Budgeting and expense management experience
• Accounting Experience
• Proficiency with Excel and PowerPoint
• Oracle Financials Experience (TM1 and Orbit)
• Spotfire Experience

WHY GENWORTH?

We have a real impact on the lives of the people we serve

We work on challenging and rewarding projects

We give back to the communities where we live

We offer competitive benefits including:

Medical, Dental, Vision, Flexible Spending Account options available beginning your first day  

Generous Choice Time Off your first full year

12 Paid Holidays

40 hours of volunteer time off

401K Account with matching contributions

Tuition Reimbursement and Student Loan Repayment

Paid Family Leave

Child Care Subsidy Program