Budget Analyst Senior Budget Analyst

About This Role

This role involves preparing journal entries for budget variance reporting, developing annual budget work packages, and analyzing budgets for reasonableness and significant variances. The position requires a detail-oriented individual with strong accounting knowledge to support various insurance industry groups.

Responsibilities

• Prepare journal entries for Budget Variance reporting and Regional Executive Summaries
• Annually, develop and prepare exhibits and reports for the Budget Work Package
• Calculate central processor budgets and electronic binding rate calculations
• Calculate payroll tax percentages for the Home Office and Regional Offices, inputting percentages into the budget system
• Annually, review Home Office and Regional Office budgets and reprojections
• Analyze budgets for reasonableness and significant variances
• Prepare budget review questions for variances
• Test the annual LAN Budget System and reconcile budget system data to the MAS 500 system after data upload
• Key budget adjustments for the Home and Regional Offices into the budget system and the MAS 500 System
• Print department, state, and summary budget reports
• Run the monthly Services Rendered invoices interface, review invoices for reasonableness, and make adjustments as necessary
• Distribute the services rendered invoices
• Research variances, provide explanations, and prepare exhibits and narratives for the Operations Committee and Board Books

Requirements

• Bachelor's degree (BA/BS) from an accredited college or university majoring in Accounting preferred (additional appropriate experience may be considered in lieu of a degree)
• 1-3 years of extensive, in-depth knowledge of the accounting field
• Knowledge of accounting principles and the ability to determine course of action based on these principles
• Proficient in the use of Microsoft Office productivity tools (e.g., Outlook, Word, Excel) to manage work
• Advanced skills using MS Excel
• Effective problem-solving skills, including ability to analyze issues, find the root cause of the problem, and consider a wide range of alternatives before acting
• Strong verbal and written communication skills, including ability to effectively present information and respond to questions from groups or individuals
• Ability to multi-task and demonstrate flexibility while maintaining attention to detail
• Excellent organizational skills
• Ability to work independently and interact professionally and effectively in a team environment
• Excellent customer service skills by being able to follow directions and interpret customer needs