Expense Analyst

Talcott Financial Group is an international life insurance group and the industry's trusted partner for comprehensive risk solutions. Talcott creatively designs and expertly delivers responsive solutions that transfer risk and manage capital in a way that supports the strategic needs of insurers today and into the future.

Talcott Financial Group has a proven track record of well-executed transactions, and the enterprise benefits from its strong financial position with over $120 billion in assets under management, its investment-grade financial strength ratings, and its partnership with Sixth Street, a leading global investment firm.

Talcott Financial Group's two core business platforms include: U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re.

This role is hybrid, 3 days a week (Tues.-Thurs.) in our Hartford, CT office.

Overview:

The Expense Analyst role will work closely with teammates, Treasury, external vendors, and many internal key contacts within the various business functions. The Expense Management group is responsible for budgeting and forecasting operating expenses for the entire company, expense variance analysis, maintaining expense accruals, expense line of business allocations, month end journal entries and close activities, general ledger intercompany accounting for expenses, suspense and liability account reconciliations, managing and processing operating expense vendor payments, payroll accounting, managing and ensuring compliance with the company's T&E policies, year end reporting, and distributing a multitude of monthly expense reports throughout the company.

Role Responsibilities:

• Maintaining expense related general ledger intercompany, suspense, and liability accounts, ensuring accounts are in balance by various line of business allocation fields.

• Responsible for performing monthly reconciliation of suspense and liability accounts by creating supporting documentation.

• Performing month end journal entries including expense accruals, payroll accounting, and paid corrections.

• Utilizing company's treasury system to research and reconcile operating expense cash paid to operating expenses on a monthly basis.

• Prepares and provides the GAAP, STAT, tax annual disclosures and external audit support.

• Assistance with expense budgeting, forecasting, variance analysis, expense reporting, and line of business allocations

• Additional responsibilities may include assisting with T&E auditing, operating expense vendor payment processing.

• Ad hoc tasks and responsibilities as assigned.

Qualifications:

• Associate or Bachelor's degree in Business, Accounting or related field or equivalent combination of education and experience that provides the necessary skills and knowledge to satisfactorily perform the essential job functions

• 3+ years related experience in a similar role

• Knowledge of accounting including debits, credits, accruals, income statements, and balance sheets

• Ability to present financial data clearly and insightfully

• Strong organizational and problem-solving skills with proven attention to details -errors can lead to significant financial impacts

• Knowledge of Microsoft applications: Word, Excel, PowerPoint, Outlook, PowerBI is a plus but not required

• Excellent problem resolution, time management, and organizational skills

• Communicate effectively with team members, across functions, and external customers

• Ability to prioritize workload, working in a deadline-focused environment

• Ability to query various financial systems

• Prior experience with Oracle Cloud Financial Suite and Oracle SmartView a plus but not required

• Talcott is an equal employment and affirmative action employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by law. Talcott Resolution maintains a drug-free workplace and is committed to building inclusion and leveraging diversity. For more information regarding our Privacy Policy, please go to https://talcott.com/onlineprivacypolicy/onlineprivacypolicy.html

Other details

• Pay Type Salary

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• Connecticut Office, 1 American Row, Hartford, Connecticut, United States of America