Financial Analyst

As a Financial Analyst at Foundation Risk Partners, your primary responsibilities include supporting the Controller and Assistant Controller through financial analysis and reporting. You’ll develop an understanding of financial workstreams, prepare management reports, and analyze accounts for inaccuracies. Additionally, you will collaborate with team members to resolve workflow anomalies and assist in the month-end closing process.

To be a successful Financial Analyst at Foundation Risk Partners, candidates should possess a bachelor’s degree in Accounting, Finance, or a related field, alongside at least two years of experience in an accounting or analytical role. Familiarity with GAAP, proficiency in MS Excel, and experience with broker ERP systems like Applied Epic is advantageous.

The Financial Analyst role at Foundation Risk Partners is integral to enhancing the accuracy and efficiency of financial processes. By analyzing financial statements, identifying inconsistencies, and developing insightful reports, you help ensure that decision-makers have access to reliable data, thereby supporting critical financial decisions and maintaining efficiency within the organization.

A Financial Analyst at Foundation Risk Partners should be proficient in MS Excel, utilizing advanced functions to analyze financial data effectively. Knowledge of generally accepted accounting principles (GAAP) and familiarity with broker ERP systems like AMS360 or Sagitta will also be beneficial in performing day-to-day financial tasks.

Foundation Risk Partners fosters a collaborative and supportive work culture that values teamwork and innovation. As a Financial Analyst, you will work closely with various departments, contributing ideas and solutions, ensuring that you feel integral to the company's growth and success.

When discussing your financial analysis experience, focus on specific examples where your analysis led to actionable insights. Highlight the tools you used, such as MS Excel or any ERP systems, and emphasize your role in preparing financial reports or resolving discrepancies in financial data.

To ensure accuracy in financial reporting, I follow a meticulous approach that includes thorough cross-referencing of data, utilizing formulas for consistency, and routinely reviewing financial outputs. I also collaborate with team members for a comprehensive review before final submissions.

In past roles, I encountered discrepancies that were affecting reporting accuracy. I promptly analyzed the data to trace the error back to its source, communicated my findings with the team, and implemented a troubleshooting process to prevent similar issues in the future.

I typically employ a mix of ratio analysis, trend analysis, and variance analysis to evaluate financial statements. This method allows me to identify discrepancies, understand patterns over time, and make informed recommendations to the management team.

Prioritizing tasks during month-end close requires effective time management. I start by creating a checklist of key deliverables, setting deadlines, and scheduling regular check-ins with my team to ensure we are on track to meet all critical financial reporting deadlines.

I have a solid grounding in GAAP principles, which I apply daily in my financial reporting and analysis tasks. It's crucial to remain compliant with these standards to ensure the integrity and reliability of financial statements.

In high-pressure situations, I stay organized, work efficiently, and maintain open communication with my team. I prioritize critical tasks and utilize tools to streamline processes, ensuring we meet deadlines without compromising the quality of our work.

Absolutely! When explaining complex concepts, I break them down into simple terms, using analogies that relate to everyday situations. For instance, I might compare a balance sheet to a snapshot of personal finances, highlighting assets, liabilities, and equity in a relatable manner.

I'm well-versed in using various software for financial analysis, including Excel for data manipulation and reporting. I'm also familiar with ERP systems like Applied Epic and AMS360, which are crucial for real-time financial data management.

I am drawn to Foundation Risk Partners due to its rapid growth and commitment to innovation in the insurance industry. I believe my analytical skills and passion for financial accuracy align perfectly with the company's mission, and I see a great opportunity to contribute positively while growing professionally.