Finance Business Partner at Securian Financial Group
Minnetonka, MN 55345
About the Job
Serving as a Business Partner you will be responsible for supporting overall Expense Management of the Securian Business Services (SBS) areas. You will engage SBS leaders in the budgeting and forecasting process, expense monitoring and variance analysis, and serve as a liaison between SBS leaders and business areas to review both budget and actual expenses including allocations. You will work with SBS Leaders to identify strategies to manage expenses in a manner that supports strong financial management while driving business outcomes. This position drives regular collaboration between stakeholders and provides the opportunity to make a lasting impact on Securian Financial.
Job Description
Requirements:
Preferred Requirements:
Securian Financial believes in hybrid work as an integral part of our culture. Associates get the benefit of working both virtually and in our offices. If you're in a commutable distance (90 minutes) you'll join us 2-3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules. When working in our offices at least two days per week isn't feasible (vacations, illness, travel, etc.), an eight day per month standard is an option.
Physical Job Requirements:
The physical job requirements described above are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of jobs.
roles
The estimated base pay range for this job is:
$69,500.00 - $129,000.00
Pay may vary depending on job-related factors and individual experience, skills, knowledge, etc. More information on base pay and incentive pay (if applicable) can be discussed with a with a member of the Securian Financial Talent Acquisition team.
Be you. With us. At Securian Financial, we understand that attracting top talent means offering more than just a job - it means providing a rewarding and fulfilling career. As a valued member of our high-performing team, we want you to connect with your work, your relationships and your community. Enjoy our comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including the advantages listed here:
Paid time off:
Company-funded pension plan and a 401(k) retirement plan: Share in the success of our company. Securian's 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent. The amount is based on company results compared to goals related to earnings, sales and service.
Health insurance: From the first day of employment, associates and their eligible family members - including spouses, domestic partners and children - are eligible for medical, dental and vision coverage.
Volunteer time: We know the importance of community. Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you.
Associate Resource Groups: Build connections, be yourself and develop meaningful relationships at work through associate-led ARGs. Dedicated groups focus on a variety of interests and affinities, including:
For more information regarding Securian's benefits, please review our Benefits page.
This information is not intended to explain all the provisions of coverage available under these plans. In all cases, the plan document dictates coverage and provisions.
Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, gender, gender identity, sexual orientation, age, marital or familial status, pregnancy, disability, genetic information, political affiliation, veteran status, status in regard to public assistance or any other protected status. If you are a job seeker with a disability and require an accommodation to apply for one of our jobs, please contact us by email at Employment@Securian.com, by telephone 651-655-5522 (voice), or 711 (Relay/TTY).
To view our privacy statement click here
To view our legal statement click here
Job Description
- Provide support to Shared Services Leaders to facilitate strong expense management and financial acumen:
- Expense Budget Planning
- Serve as the lead finance contact for SBS during the annual budget process, understanding SBS initiatives and staffing needs to develop the HR budget for approval
- Support SBS leaders in determining strategies to close any gaps between proposed budget expense guidance.
- Partner with SBS leaders to review allocation methods, to ensure operational expenses are charged to the appropriate profit center.
- Review allocated budget results with Solution Groups, seek & compile feedback to relay to SBS leadership, serving as a liaison between solutions groups and SBS leadership
- Expense Management
- Responsible for understanding andreviewingDirect and Allocated results with SBS Leaders and Solution Groups including forecast through end of year. This will involve creating, publishing, and presenting quarter-end operating expense results and forecasts for the SBS Division.
- Management of quarterly unit cost reporting (e.g., cost per claim) including the continued refinement.
- Support quarterlyclose process, includingownership for accruals and reviewofallocation results to ensure accurate and complete results.
- Support activities and initiatives to build financial acumen across Securian, embrace business case practices (CBAs) including financial modeling as part of decision making.
- Support SBS leadersensuringprojects are managed relative to budgets.
Requirements:
- BS in finance-related field (accounting, finance, actuarial, etc.)
- 5+ years of experience in finance and/or within a finance business role.
- Solid analytical and creative problem-solving skills and high attention to detail.
- Demonstrated financial data analysis and problem-solving skills to effectively research, analyze, and respond to expense questions.
- Self-starter with strong organizational and time-management skills, an ability to work with minimal direction, flexibility to adapt to shifting priorities and schedules, handle multiple issues simultaneously, and to manage stressful situations.
- Strong interpersonal and communication skills to articulate financials with differing audiences.
Preferred Requirements:
- Finance business partner experience
- Background in operations expense and staff management.
- SAP experience.
Securian Financial believes in hybrid work as an integral part of our culture. Associates get the benefit of working both virtually and in our offices. If you're in a commutable distance (90 minutes) you'll join us 2-3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules. When working in our offices at least two days per week isn't feasible (vacations, illness, travel, etc.), an eight day per month standard is an option.
Physical Job Requirements:
- Ability to utilize the keyboard, computer and/or mouse for up to 8 hours per day
- Ability to work at least 40 hours per week
- Ability to utilize the phone and/or virtual meeting platform for 1-4 hours per day
The physical job requirements described above are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of jobs.
roles
The estimated base pay range for this job is:
$69,500.00 - $129,000.00
Pay may vary depending on job-related factors and individual experience, skills, knowledge, etc. More information on base pay and incentive pay (if applicable) can be discussed with a with a member of the Securian Financial Talent Acquisition team.
Be you. With us. At Securian Financial, we understand that attracting top talent means offering more than just a job - it means providing a rewarding and fulfilling career. As a valued member of our high-performing team, we want you to connect with your work, your relationships and your community. Enjoy our comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including the advantages listed here:
Paid time off:
- We want you to take time off for what matters most to you. During your first year of hire, you receive a prorated bank of personal days and vacation time depending on your month of hire.
- Leave programs: Securian's flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.
Company-funded pension plan and a 401(k) retirement plan: Share in the success of our company. Securian's 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent. The amount is based on company results compared to goals related to earnings, sales and service.
Health insurance: From the first day of employment, associates and their eligible family members - including spouses, domestic partners and children - are eligible for medical, dental and vision coverage.
Volunteer time: We know the importance of community. Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you.
Associate Resource Groups: Build connections, be yourself and develop meaningful relationships at work through associate-led ARGs. Dedicated groups focus on a variety of interests and affinities, including:
- Mental Wellness and Disability
- Pride at Securian Financial
- Securian Young Professionals Network
- Securian Multicultural Network
- Securian Women and Allies Network
- Servicemember Associate Resource Group
For more information regarding Securian's benefits, please review our Benefits page.
This information is not intended to explain all the provisions of coverage available under these plans. In all cases, the plan document dictates coverage and provisions.
Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, gender, gender identity, sexual orientation, age, marital or familial status, pregnancy, disability, genetic information, political affiliation, veteran status, status in regard to public assistance or any other protected status. If you are a job seeker with a disability and require an accommodation to apply for one of our jobs, please contact us by email at Employment@Securian.com, by telephone 651-655-5522 (voice), or 711 (Relay/TTY).
To view our privacy statement click here
To view our legal statement click here