Sr. FinOps Analyst

ICW INSURANCE COMPANY OF THE WEST; United States; On-site; USD 91,000 - 153,000; Full time

Benefits offered by this job

Competitive benefits package

401K retirement plan

Paid Time Off

Bonus potential

Job summary

ICW Group is seeking a Senior Financial Analyst to lead enterprise financial planning, budgeting, forecasting, reporting, and strategic analysis of business and technology investments. The role partners with IT, Finance, Accounting, Procurement, and other functions to ensure investments align with priorities and deliver measurable value.

Responsibilities include coordinating annual planning, developing templates, tracking performance, and delivering actionable insights for cost optimization and

Qualifications

• Bachelor’s degree in Finance, Accounting, Business Administration, Economics, Information Systems, Data Analytics, or related field.
• Minimum 5 years of experience in financial planning and analysis, budgeting, forecasting, finance business partnering, technology financial management, FinOps, business analytics.

Responsibilities

• Coordinates enterprise expense planning and annual forecasting.
• Develops templates and tools for department-wide planning.
• Tracks performance to plan metrics and prepares monthly reports.
• Provides financial guidance for technology investments and vendor spend.
• Creates financial models for capital positioning and ROI analyses.
• Prepares risk reports and dashboards for senior management.

Skills

Financial planning

Budgeting

Forecasting

Data analytics

Power BI

Tableau

SQL

Education

Bachelor’s degree in Finance

Bachelor’s degree in Accounting

Bachelor’s degree in Business Administration

Tools

Power BI

Tableau

SQL

Job description

Are you looking to make an impactful difference in your work, yourself, and your community? Why settle for just a job when you can land a career? At ICW Group, we are hiring team members who are ready to use their skills, curiosity, and drive to be part of our journey as we strive to transform the insurance carrier space. We're proud to be in business for over 50 years, and its change agents like yourself that will help us continue to deliver our mission to create the best insurance experience possible. Headquartered in San Diego with regional offices located throughout the United States, ICW Group has been named for ten consecutive years as a Top 50 performing P&C organization offering the stability of a large, profitable and growing company combined with a focus on all things people. It's our team members who make us an employer of choice and the vibrant company we are today. We strive to make both our internal and external communities better everyday! Learn more about why you want to be here!

PURPOSE OF THE JOB

The Senior Financial Analyst is responsible for enterprise financial planning, budgeting, forecasting, reporting, and strategic analysis supporting business and technology investments. This role provides financial oversight of operating expenses, capital expenditures, and technology-related spend while delivering actionable insights that improve business performance, resource allocation, cost optimization, and strategic decision making. The position collaborates cross functionally with groups such as Finance, Accounting, Information Technology, Procurement, and other business functions to ensure investments align with organizational priorities and deliver measurable value.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Coordinates the strategic expense planning process across the enterprise.
• Develops the timeline and deliverables for annual planning and interim forecasts.
• Creates templates and tools to facilitate the process for the department/enterprise.
• Prepares regular updates of strategic plan and transfers information to the enterprise roadmap.
• Tracks performance to plan metrics and prepares monthly reports.
• Validates forecast assumptions, quantifies business risks and opportunities and drives accuracy improvements.
• Facilitates annual operating and capital budget development process across assigned departments and coordinates with Accounting and other LOBs to integrate data.
• Establishes calendar for department(s) based on Enterprise calendar.
• Provides guidance and direction to leaders in budget preparation.
• Compiles data and prepares materials for review.
• Submits final approved budget to Accounting for approval.
• Supports organization wide resource planning initiatives.
• Incorporates technology spending forecasts including software subscriptions, cloud services, infrastructure, and strategic technology initiatives into enterprise planning processes.
• Evaluates actual technology consumption against forecasts and provides recommendations to improve forecast accuracy and cost management.
• Drives financial foresight through detailed capital modeling and proactive risk monitoring.
• Develops and maintains financial models to evaluate capital positioning and provides actionable insights for senior management.
• Conducts scenario analysis to forecast potential financial outcomes and implications for the Company’s standing with key stakeholders including investors and rating agencies.
• Tracks and analyzes key risk metrics to identify potential financial risks and opportunities.
• Prepares risk reports and dashboards for senior management, highlighting key risk areas and mitigation strategies.
• Develops department/enterprise metrics and scorecards to track department/business performance and progress.
• Creates and establishes standard set of monthly reports and metrics.
• Develops methodology for new statistical measures and reports to be used for department/enterprise decision-making.
• Prepares monthly department/business financial analyses or other reports.
• Develops internal controls by ensuring data accuracy and data completion.
• Ensures compliance with financial guidelines, company policies and relevant regulations.
• Develops financial and operational dashboards incorporating business, technology, and resource utilization metrics.
• Creates cost-per-unit, cost-per-user, and utilization measures to evaluate efficiency and support data-driven decision making.
• Performs trend and variance analysis across traditional financial and technology investment categories.
• Contributes expertise, analytical and other skills to enhance department/business operations.
• Provides analytical support across departments as requested.
• Coordinates the department/enterprise project calendar using Microsoft Project or similar tool.
• Compiles and presents data as graphs, charts, tables, and written or other appropriate presentation methods.
• Leads medium to large projects using effective project management techniques.
• Collaborates with leaders and stakeholders to align and justify funding to business and strategic requirements.
• Provides leaders with timely, relevant and actionable financial and operational reporting and forecasting.
• Supports strategic initiatives through development of business cases, ROI analyses, total cost of ownership (TCO) models, and investment evaluations.
• Provides financial guidance on technology transformation initiatives and emerging technologies including cloud and AI-enabled platforms.
• Partners with technology leaders to align funding requests with enterprise priorities and expected business outcomes.
• Technology Cost Governance and Financial Analysis Partners with Information Technology leadership to monitor and analyze technology operating and capital expenditures.
• Develops financial models, forecasts, and business cases supporting technology initiatives, cloud services, software subscriptions, and infrastructure investments.
• Performs cost allocation and chargeback/showback analysis across departments and business units.
• Evaluates technology utilization trends, identifying opportunities for cost optimization, efficiency improvements, and resource reallocation.
• Monitors vendor spend, software licensing costs, and technology consumption metrics against budget and forecast.
• Produces recurring reporting and dashboards highlighting technology investment performance, utilization, savings opportunities, and financial risks.
• Supports contract renewals, vendor evaluations, and financial assessments of technology investment alternatives.
• Collaborates with IT and Procurement to improve visibility, accountability, and governance of technology expenditures.

SUPERVISORY RESPONSIBILITIES

This job does not have supervisory responsibilities. However, informal leadership is required to align resources and engage them in performing tasks as a project manager.

EDUCATION AND EXPERIENCE

Bachelor's degree in Finance, Accounting, Business Administration, Economics, Information Systems, Data Analytics, or related field. Additional experience may be considered in lieu of degree. Minimum 5 years of experience in financial planning and analysis, budgeting, forecasting, finance business partnering, technology financial management, FinOps, business analytics, or related disciplines. Experience supporting Information Technology, Digital, Data Analytics, or Enterprise Operations organizations preferred. Experience analyzing technology investments, software licensing, cloud services, or vendor expenditures preferred. Experience with Workday Adaptive Planning, Oracle, SAP, Coupa, or similar ERP/planning solutions preferred. Experience working with large datasets and business intelligence tools preferred.

CERTIFICATES, LICENSES, REGISTRATIONS

None required.

KNOWLEDGE AND SKILLS

Advanced knowledge of accounting and/or financial principles and practices. Knowledge of budget management, reporting best practices, and forecasting. Advanced level competency using analysis tools such as Excel, Access, etc. Understanding and demonstrated application of statistical analysis tools. Understanding of P&L financial statements and key business drivers. Ability to apply principles of logic to a wide range of intellectual and practical problems. Ability to collaborate across other technology programs. Excellent communication and relationship management skills to influence and resolve issues. Key characteristics required: attention to detail, sense of urgency, ability to multitask; adaptability and flexibility to perform work at all levels. Understanding of technology investment planning, software licensing models, cloud consumption economics, and cost allocation methodologies. Ability to evaluate technology spend using utilization, adoption, and value realization metrics. Advanced analytical skills with ability to synthesize financial and operational data into actionable business recommendations. Experience using data visualization and business intelligence tools such as Power BI, Tableau, or similar platforms. Familiarity with SQL, database querying, and large-volume data analysis preferred. Ability to collaborate effectively across Finance, Accounting, IT, Procurement, and business functions. Strong consulting and influencing skills with the ability to communicate complex financial concepts to technical and non-technical audiences.

PHYSICAL REQUIREMENTS

Office environment – no specific or unusual physical or environmental demands and employees are regularly required to sit, walk, stand, talk, and hear.

WORK ENVIRONMENT

This position operates in an office environment and requires the frequent use of a computer, telephone, copier, and other standard office equipment. This description is a general statement of essential job functions and responsibilities. The position may include other duties as assigned.

We are currently not offering employment sponsorship for this opportunity.

The current range for this position is $90,559.93 - $152,723.07. This range is exclusive of fringe benefits and potential bonuses. If hired at ICW Group, your final base salary compensation will be determined by factors unique to each candidate, including experience, education and the location of the role and considers employees performing substantially similar work.

WHY JOIN ICW GROUP?

• Challenging work and the ability to make a difference
• You will have a voice and feel a sense of belonging
• We offer a competitive benefits package, with generous medical, dental, and vision plans as well as 401K retirement plans and company match
• Bonus potential for all positions
• Paid Time Off
• Paid holidays throughout the calendar year
• Want to continue learning? We’ll support you 100%

ICW Group is committed to creating a diverse environment and is proud to be an Equal Opportunity Employer.

ICW Group will not discriminate against an applicant or employee on the basis of race, color, religion, national origin, ancestry, sex/gender, age, physical or mental disability, military or veteran status, genetic information, sexual orientation, gender identity, gender expression, marital status, or any other characteristic protected by applicable federal, state or local law.

Job Category Accounting and Finance At ICW Group we offer a work environment that encourages entrepreneurialism and celebrates success. Our team members are hands-on contributors who are given the opportunity to make an impact. It's our people who make us an employer of choice and the vibrant company we are today.