Job Information
UnityPoint Health Senior Financial Planning & Analysis Analyst - Benefits in West Des Moines, Iowa
Senior Financial Analyst position will work closely with both the System Finance Planning team and the HR Total Rewards Center of Excellence (CoE) in reviewing and analyzing cost/benefit analysis for proposed projects and Employee Benefit plan design changes. Position requires maintaining a high level of confidentiality regarding data and information. Position reports through the Financial Planning department, maintaining core analytical skills with an emphasis on financial performance, but dedicates a significant amount of time on HR Total Rewards work and will maintain an informal reporting relationship to HR leadership. Other duties include ad hoc operational and financial analysis for special projects, monitoring cost and effectiveness of current benefit programs, preparing financial forecasts and budgets, and researching and explaining financial performance.
Total Rewards Benefits Analysis
Analyzes cost impacts of any and all proposed and/or potential benefits and compensation changes, including scenario modeling for providing recommendations between multivariate options
Formulates results in an easy to understand manner for presentation and recommendation to leadership
Collaborates with Total Rewards to assist in significant audit projects (i.e., annual retirement audit, government audits, etc.).
Monitors and analyzes actual benefit program costs to identify financial trends early, making recommendations based on the results of analysis
Creates assumptions for budgeting and forecasting as well as modeling and creating the actual forecast/budget
Inputs data into financial planning systems to create financial plans and projections
Collaborate effectively with other team members and proactively work through ad hoc requests for analysis
Maintains a strong focus on process improvement opportunities to increase the efficiency and/or effectiveness of the process
Performs other duties as requested by HR leadership, including but not limited to the Executive Director of Total Rewards
Business Financial Analysis
Assists with financial planning and budgeting processes
Analyzes financial statements and reports and presents financial data using detailed reports and charts
Researches and prepares variance analysis and explanations
Understands key business drivers and provides financial guidance based on analytical processes performed
Analyzes differences through benchmarking and process analysis
Utilizes cost accounting to model future projections and identify areas for improvement
Maintains a strong focus on process improvement opportunities to increase the efficiency and/or effectiveness of the process
Performs other duties as requested by Finance leadership, including but not limited to the Director of Financial Planning & Management Reporting
Education:
- Bachelor’s degree in Finance, Accounting, or related field
Experience:
Minimum of 3 years work experience in a financial analyst position
Financial analysis experience with Employee Benefits or HR projects preferred.
Knowledge/Skills/Abilities:
Strong verbal and written communication skills and the ability to understand and communicate concepts and recommendations
Analytical, inquisitive, and pragmatic headset
Ability to handle confidential information
Excellent business and financial acumen
Detail oriented and strategically minded
Strong relationship management skills
Ability to work on projects with multiple milestones and several customers
Team first mentality and ability to be flexible in the context of change
Ability to build strong professional relationships
Highly proficient in the use of Microsoft Office products, particularly Excel, and other HR solution products
Requisition ID: 2021-86118
Street: 1776 West Lakes Pkwy
Name: 9010 Administration
FTE (Numeric Only; Ex. 0.01): 1.0
FLSA Status: Exempt
Scheduled Hours/Shift: Days
External Company Name: UnityPoint Health
External Company URL: http://www.unitypoint.org