Senior Associate, Budget & Accounting

Date: Jun 25, 2019

Location: New York, NY, US

Company: New York Life Insurance Co


A career at New York Life offers many opportunities. To be part of a growing and successful business. To reach your full potential, whatever your specialty. Above all, to make a difference in the world by helping people achieve financial security. It’s a career journey you can be proud of, and you’ll find plenty of support along the way. Our development programs range from skill-building to management training, and we value our diverse and inclusive workplace where all voices can be heard. Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and service, supported by our Foundation. It all adds up to a rewarding career at a company where doing right by our customers is part of who we are, as a mutual company without outside shareholders. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of


This position reports to the Head of Strategy & Operations for Operational Risk Management. This role is

responsible for driving and coordinating processes for the reporting of financial results and budgets within

Operational Risk Management. This role will also act as a liaison between Operational Risk

Management and Corporate Finance teams on various deliverables.


Major Responsibilities:

  • Develop a strong understanding of the Operational Risk Management team, their financial and budgeting needs, and contribute to continual enhancement of analytical framework to support business decision making and measurement of strategic goals.
  • Partner with department leads to understand their resource requirements, project forecasting, and overall expense trajectory.
  • Perform monthly & quarterly reporting of financial results, including the development of meaningful financial schedules to illustrate/explain financial trends to senior management.
  • Manage financial data across the organization; partnering with the management team in Operational Risk Management to produce timely, accurate and insightful financial packages and dashboards.
  • Perform project-level budget and expense analysis.
  • Ensure the accuracy of expense reporting including appropriate accounting classifications
  • Manage entry of budget into financial systems including, accruals, journal entries, and other related processes.
  • Administer invoicing and resource request processes.
  • Help identify cost savings opportunities.
  • Provide oversight of ORM procurement activity – understanding our procurement needs, partnering with managers and Procurement in obtaining budget, process, and approvals.
  • Provide oversight and controls on budget approvals, including managing the headcount approval process
  • 4+ years of financial management experience.
  • Strong sense of ownership and ability to manage projects independently.
  • Ability to multi-task with shifting priorities, with a high degree of urgency under tight deadlines.
  • Strong business partnering skills with the ability to build relationships and collaborate with teams across the organization.
  • Strong Excel and PowerPoint skills; able to take large datasets and analyze/summarize for consumption by business and finance leadership.
  • Experience presenting financial results to management.
  • Strong and effective communication skills, both written and verbal; ability to convey technical and financial concepts to non-technical audience.
  • Strong Finance Technology skills, including the ability understand and drive sourcing information from various financial platforms.
  • Bachelor’s degree in Finance, Accounting, Economics; Masters or equivalent professional designation (ie CFA, CPA) is preferred.




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