Budget Director Job in Windsor 06095, Connecticut US

What are the job responsibilities? The Retirement Services Expense Management Reporting Team will be responsible for fully allocated / market driven reporting analytics. Included in this will be expense control management, with particular focus on expense efficiencies via metrics reporting and unit costing. The director of the group will be the single point of contact for RS senior leadership regarding fully allocated / market driven expense questions. The group will lead the yearly budgeting process including setting expense assumptions. The director of the group will report to Matt Graham. Ownership of market driven / fully allocated expense reporting for RS(incl. management of expense targets / driving expense efficiencies), Forecasting Budgeting:

(A) Monthly Executive Summary expense reporting for RS including the following:
o Variance Analysis (e.g. actuals vs. budget)
o Forecasting
o Monthly narrative / commentary, including updates on expense management initiatives.

(B) Budgeting:
o The RS expense management reporting team will have the lead role in the annual planning process. Responsibilities will include the following:
 Development, management implementation of RS expense targets, including control and oversight of expense targets.
 Validation of expense allocations (by product / market).
 Applicable reconciliations / check points.

(C) Product deliverables for Risk Management / Actuarial

Process Improvement:

(A) Development of next ‘generation’ of expense reporting for RS:
o Metrics Reporting / Unit Costing
o RS Scorecard / Dashboard

Control and Oversight of the Product cube:

(A) Maintenance / Ownership - Operating Unit / Business Unit allocation methodologies including annual / bi-annual update.
(B) Reconciliation of ‘results’ between Hyperion Expense Cube and Hyperion Product Cube.
(C) SOX compliance associated with the above
 
Who is our ideal candidate? - Strong communication skills and experience with interfacing with senior level executives.
- Insurance background preferably, but not required.
- Candidate should be technically ‘savvy’ (e.g. Microsoft Access).
- Approx 10 – 15 years of industry experience.
- Prior experience in managing groups.
- Change management experience a must.
- Proven track record with respect to expense management / driving out expense efficiencies.