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Assurant: Erp - expense allocations functional analyst

Company: Assurant
Location: Passaic
Posted on: June 22, 2020

Job Description:

Assurant is embarking on a multi-year, multi-phase financial systems and process transformation program. The Expense Allocations Functional Analyst will be an important Finance and Accounting resource on the team that will be implementing the Expense Allocations and associated components of Assurant's implementation of a market-leading cloud ERP solution and associated financial systems architecture as part of a multi-phased transformation program.The individual in this role will use their prior accounting/planning & budgeting skills, knowledge and prior experiences to work with their team to implement key accounting functions/processes in a new ERP platform. This individual will also help identify, make recommendations, and support efforts to migrate current accounting processes to the leading practices facilitated by having a modern ERP system. Initially, the individual in this role will be providing functional and financial process support to the implementation of the new platform and best practice processes. In the future, this role will then assume responsibility for providing the ongoing support of and implementing enhancements to the Expense Allocations and related functions, with a focus on continuously identifying, recommending, and executing on opportunities to better streamline and gain efficiencies in the Finance function through leveraging the investment we have made in a new systems platform. Primary Job Accountabilities/Responsibilities Strategic:Participate in and effectively collaborate with team in efforts within Finance and Accounting to design and implement best practice expense allocations/cost accounting functionality in a leading cloud ERP solutionHelp to identify, recommend, and execute on opportunities to enhance existing accounting, inter-company, and allocation processes taking into consideration the requirements of the overall Global Finance organizationLeverage prior Accounting, FP&A, and other-relevant Finance experiences and expertise to identify, propose, and implement automated solutions and reduce reliance on manual processes, with a focus on prioritizing the remediation of those processes that currently have the most risk and/or inefficiencyHelp support efforts to educate business process owners on solution optimization, simplification and standardization capabilities within the new platform through the reference of prior experiences and other relevant use casesTactical:Work closely and collaborate with key Finance and Accounting stakeholders, team members, IT, and third-party consulting resources across various locations to test, implement, and support a global financial systems platform, with responsibility for supporting specific components of the Expense Allocations workstream of the overall programWork with stakeholder areas to understand functional requirements for each area and then work with team to implement functional and process solutions in the new tool, while ensuring those requirements are properly understood and communicated to overall program teamWork with team to determine how to best implement functional requirements in financial systems architectureWork with team to develop creative solutions to effectively meet complex business requirements using delivered optimum functionalityWork with internal and external auditors to ensure proposed system design, configuration and functionality complies with core control and audit requirementsEnsure program deliverables are completed in accordance with established timelinesSupport communication and training activities associated with areas of responsibilityEscalate issues and open items to workstream lead, as appropriateEffectively collaborate with other team members, key resources, and stakeholdersBasic Qualifications Required Experience, Skills, and KnowledgeBachel o r's degree in Accounting o r equivalent area of study C P A and/or MBA PreferredA minimum of 5 yea r s prior f i nanci a l accounting/auditing and financial systems experienceStrong working knowledge of expense/cost allocation methodology and processes, with a focus on the financial services industries requiredStrong understanding cost accounting concepts, cost pools, cost drivers, and allocation basesStrong understanding of activity-based costing conceptsPrior management accounting and management reporting experienceExperience with inter-company allocations and transfer pricingManufacturing cost accounting experience a plus but not requiredPrior experience in working with and/or implementing automated general ledger, allocation, and inter-company accounting processes and automated solutions in a complex, global organization a plusStrong knowledge of general ledger and consolidation accounting principlesStrong understanding of U.S. GAAP Financial Reporting, Management Reporting, and Planning/Forecasting ProcessesStrong business and financial acumenExperience in designing and implementing Finance and Accounting process and workflowsExperience in supporting technology initiatives from a Finance and Accounting perspectiveExperience in leveraging technology to improve finance processes and supporting technology initiatives from a finance perspectiveAdaptability and flexibility including the ability to manage deadline pressure, ambiguity and changeUnderstanding and experience with international regulatory reporting a plusStrong planning and organizational skillsStrong analytical skillsExperience in handling and effectively prioritizing multiple concurrent tasks and meeting strict deadlinesAbility to effectively communicate with all levels within the organization and establish relationshipsExperience in working in a team environment and establishing collaborative relationships with different stakeholdersAdvance proficiency in Word, Excel, PowerPoint, Access, and VisioPrior experience in the insurance/financial services industry a plusPrevious experience on finance transformation projects a plusBenefits and Value Proposition We offer a competitive salary and comprehensive benefits to full time and part time employees including medical, dental, STD, LTD, life insurance, 401(k), generous paid time off and much more.We strive to maintain a professional, yet friendly environment and promote professional and career development for our employees.Assurant is an Equal Employment Opportunity employer. All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.To learn more about our current opportunities and apply online, please visit: Follow us on Twitter! http://twitter.com/AssurantCareers (@AssurantCareers)Company ProfileAssurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has approximately $30 billion in assets and $9 billion in annual revenue. Assurant has approximately 14,500 employees worldwide and is headquartered in New York's financial district. www.assurant.com .

Keywords: Assurant, Passaic , Assurant: Erp - expense allocations functional analyst, Professions , Passaic, New Jersey

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