IT FP&A Manager

Core Specialty Insurance Services, Inc.; Cincinnati (OH); Hybrid; USD 110,000 - 140,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

401(k) with company match

Employee Assistance Plan

Health Savings Account

Flexible Spending Account

Health Reimbursement Account

Wellness program

Job summary

Core Specialty Insurance Services, Inc. seeks an IT FP&A Manager to lead project cost oversight, technology spend reporting, and analysis. The role partners with IT and business leaders to improve cost tracking visibility and deliver timely insights for decision-making.

You will help prepare annual IT budgets, quarterly reforecasts, and long-term plans, with detailed financial analyses comparing budget, forecast, and prior results. This new FP&A role interfaces with CIO/CTO and IT project teams.

Qualifications

• Bachelor’s degree in Finance or Accounting is required.
• CPA, CMA, or MBA preferred.
• 5+ years of relevant financial experience, with IT or product development exposure.
• Proven ability to model complex, project-based costs.
• Strong time management and ability to meet deadlines with limited supervision.
• Proactive, analytical, and capable of using critical thinking.

Responsibilities

• Serve as the dedicated finance partner to the IT function within FP&A.
• Collaborate cross-functionally to develop financial business cases for technology investments.
• Evaluate technology investment proposals through financial justification in the capital process.
• Complete post assessments to verify achievement of financial and non-financial objectives.
• Co-develop the annual technology budget with IT leadership.

Skills

Communication

Analytical skills

Independent worker

Time management

Detail orientation

People management

Education

Bachelor's in Finance or Accounting

CPA

CMA

MBA

Tools

Microsoft Office

Job description

- The IT FP&A Manager will proactively lead the project cost oversight responsibilities along with technology spend reporting and analysis. This individual will play a key role in supporting IT investment decisions and will partner closely with IT and business leaders to improve cost tracking visibility, deliver timely insights, and drive decision-making. This role will also be responsible for partnering with the business to produce the annual budget, quarterly reforecast, and long-term plan for technology spend, along with preparation of detailed financial analysis against budgeted, forecasted and prior period results. This is a new role for the organization within the FP&A team and will act as a financial business partner interfacing with the CIO, CTO, IT project teams and other business partners across the organization.

Key Accountabilities/Deliverables

• Serve as the dedicated finance partner to the IT function, embedded within FP&A
• Cross functionally collaborates to develop financial business cases related to technology investment projects, along with monitoring and tracking project performance through project completion
• Evaluate, challenge and/or support technology investment proposals through robust financial justification as part of the capital approval process
• Complete project post assessments to ensure the achievement of stated financial and non-financial objectives of the business case were met
• Co-develop the annual technology budget in partnership with IT leadership, incorporating labor, software, systems and third-party costs
• Prepare monthly, quarterly and annual financial analysis and reporting, inclusive of monitoring and understanding performance drivers of technology operating and capital expenditure performance against budget, forecast and prior periods
• Provide financial modeling and scenario analysis to support IT strategy decisions
• Leverage and enhance tools to automate reporting and streamline processes to reduce manual effort
• Provide strong ad-hoc financial and business decision support as needed
• Other duties as assigned

Technical Knowledge and Understanding

• Excellent written and verbal communication skills
• Excellent organizational and analytical skills
• Ability to work independently
• Ability to prioritize responsibilities and manage time effectively
• Attention to detail
• Ability to delegate and manage direct reports

Experience

• Bachelor’s Degree in Finance or Accounting required
• CPA, CMA, or MBA preferred
• 5 plus years of relevant financial experience, with direct experience supporting IT or product development functions
• Proven ability to model complex, project-based costs
• Strong time management and the ability to meet tight deadlines with limited supervision
• Demonstrated ability to be proactive, analytical, and use critical thinking to solve complex problems
• Shows initiative by seeking ways to improve processes and data analysis
• Strong collaboration skills in order to establish key partnerships with internal and external stakeholders
• Strong Proficiency with Microsoft Office products (Excel, Word, PowerPoint)

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over work authorization sponsorship now or in the future for this position. #LI-Hybrid

At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement.

• medical, dental, vision, and life insurances
• short and long-term disability
• a Company-match of 100% of a 6% contribution 401(k) plan
• an Employee Assistance Plan
• Health Savings Account
• Flexible Spending Account
• Health Reimbursement Account
• a wellness program

Core Specialty offers a diversified range of property and casualty insurance products for small to mid-sized businesses. From underwriting offices spanning the U.S., the Company focuses on niche markets, local distribution, and superior underwriting knowledge, offering traditional as well as innovative insurance solutions to meet the needs of its customers and brokers. For further information about Core Specialty, please visit www.corespecialtyinsurance.com.

In compliance with the Transparency in Coverage rule, issued in 2020 by US Departments of Health, Human Services, Labor and Treasury our health plan’s machine-readable files (MRFs) can be accessed via www.Cigna.com.