Finance Analyst

At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care-and we bring those experiences with us to work in serving our millions of policyholders each day.

We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism.

Our four values guide our strategy, our decisions, and our interactions:

Make it human. We care about the people that make up our customers, colleagues, and communities.

Make it about others. We do what's best for our customers and collaborate to drive progress.

Make it happen. We work with intention toward a common purpose and forge ways forward together.

Make it better. We create fulfilling purpose-driven careers by learning from the world and each other.

POSITION TITLE

Finance Analyst

POSITION LOCATION

Richmond, VA

Lynchburg, VA

YOUR ROLE

You will be primarily responsible for providing the organization with support for expense allocations and will also provide budget development & expense management support for specific business functions and/or products. You will have the opportunity to develop a deep understanding of the expense allocation process and the assigned functional areas and/or products while building strong expense management partnerships within the organization.

What you will be doing

Provide support for the monthly actuals and budget expense allocation process

Responsible for monthly actuals and budget allocation drivers upload, pre/post-run validations and issue resolution

Review and understand the allocations at a detailed level with the ability to communicate results concisely in simple terms

Review allocation factor data for the business prior to allocations and work with the business analysts as needed to adjust allocation factors based on expense analysis to ensure data integrity

Assist the Senior Expense Manager with assembly of complicated manual expense allocation entries, to include impact intercompany, etc.

Assist the Senior Expense Manager with allocations process improvement

Provide overall expense planning, analysis and support to assigned functional leaders and assist with product expense support provided to FP&A

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, data entry training, and assistance in budgeting process, to validating budget and time study results and delivering relevant analysis and reporting

Work with the business to submit and approve Purchase Requests, ensuring correct accounting and spend request information

Execute tasks required for monthly close including facilitating appropriate expense accruals, reclasses, 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 including identification of trends, gaps, and opportunity areas within the business along with recommendations for possible course corrections

Identify key expense drivers and develop performance metrics & allocation / charge-out logic for individual functions, as appropriate

Assist with product analysis that is delivered to Finance, Planning & Analysis team for specific products

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

Respond to ad-hoc analysis & reporting requests as needed

What you bring

Bachelor's degree in Finance, Accounting or related field

2+ years of relevant experience

General understanding of General Ledger Accounting

High degree of proficiency in Excel

Analytical and problem-solving skills and a desire to find answers

Attention to detail with ability and desire to understand the big picture

Ability to work effectively in a high-paced environment and manage multiple, changing priorities, and meet deadlines

Ability to self-lead and take initiative

Strong sense of accountability for results

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

Nice to have

Budgeting and Expense Management experience

Accounting experience

Oracle Financials Experience (TM1, Orbit or similar)

Spotfire Experience

Microsoft Power BI

Employee Benefits & Well-Being

Genworth employees make a difference in people's lives every day. We're committed to making a difference in our employees' lives.

Competitive Compensation & Total Rewards Incentives

Comprehensive Healthcare Coverage

Multiple 401(k) Savings Plan Options

Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)

Generous Paid Time Off - Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave

Disability, Life, and Long Term Care Insurance

Tuition Reimbursement, Student Loan Repayment and Training & Certification Support

Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)

Caregiver and Mental Health Support Services

ADDITIONAL

At this time, Genworth will not sponsor a new applicant for employment authorization for this position.

No agencies please

Permanent