Financial Planning and Analysis (FP&A) Manager

Company: Genworth
Location: Richmond
Posted on: January 24, 2025

Job Description:

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 TITLEFinancial Planning and Analysis ManagerPOSITION LOCATIONRichmond, VAYOUR ROLE As a Finance team member, you'll play a key role in supporting the financial strength and flexibility that enables us to be there when our policyholders need us - now and in the future. Genworth is seeking a Financial Planning and Analysis (FP&A) Manager in our corporate finance team. Reporting to the Director of Corporate FP&A, you will own and drive high visibility analysis critical to Genworth's monthly and quarter financial close processes, support the operating plan and multi-year planning processes as well as supporting core FP&A and Investor Relations reporting and planning processes. The role offers the opportunity to work in a high exposure, fast paced environment with high exposure to corporate senior leadership. What you will be doing
  • Be the primary owner of preparation and review of financial reporting for actual reporting (monthly & quarterly), developing driver-based variance analysis of actuals to prior periods and operating plan
  • Work with expense analyst to identify key drivers of corporate expense variances and simplify results for reporting to senior leadership
  • Support the global Operating Plan, and Multi-Year Planning processes
  • Develop process documentation around key monthly and quarterly deliverables, ensuring appropriate identification of risks and controls
  • Liaison with human resource in preparation of the annual proxy statement filing
  • Handle quarterly process for obtaining information, calculation and reporting of variable incentive compensation funding for all business segments
  • Support strategic business initiatives, investor relations, special projects, regulatory reporting, internal and external audit activities and inquiries independently
  • Play a critical role managing, redesigning and improving current TM1 based reporting and budgeting
  • Assist in a culture of continuous improvement, eliminate non-value-added activities and deliver business impact/results by identifying innovative solutions
  • Support additional process improvements and cross functional initiatives as needed
  • Foster and develop key relationships while working collaboratively across business segments and corporate functions What you bring
    • Bachelor's degree in Finance, Accounting or related field
    • 7 or more years of Finance, Accounting or investment analysis experience
    • Very strong analytical and problem-solving skills with a demonstrated ability to learn new concepts quickly and complete multiple assignments with high degrees of quality
    • Strong comprehension of finaancial reports/metrics including deep understanding of income statement, balance sheet and cash flow analysis
    • Ability to influence, gain consensus, foster support and work collaboratively within a team
    • Results focused, proactive in nature, thrives in a fast-paced environment with ability to manage multiple and changing priorities
    • Detail orientated and organized given tight deadlines and workloads
    • Excellent communication and presentation skills with the ability to simplify complex topics into clear, understandable communications
    • Ability to work independently and being comfortable with ambiguity and figuring things out
    • Ability to design and implement solutions while successfully managing change with process owners up to and including members of the Executive Council
    • Advanced PC Skills including MS Office Nice to have
      • Advanced degree in finance, accounting or management
      • Insurance industry knowledge, particularly life insurance or long-term care insurance
      • Chart of Accounts knowledge
      • Experience with Oracle Financials, IBM TM1
      • Project management experience Employee Benefits & Well-BeingGenworth 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 ServicesADDITIONAL
          • At this time, Genworth will not sponsor a new applicant for employment authorization for this position.

Keywords: Genworth, Chesapeake , Financial Planning and Analysis (FP&A) Manager, Executive , Richmond, Virginia