Senior Associate, Expense Reporting

Posting Date: Feb 6, 2024

Location: White Plains, NY, US

Company: New York Life Insurance Co

Location Designation: Hybrid - 3 days per week 



When you join New York Life, you’re joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You’ll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.



This position primarily involves a hybrid work schedule - working remotely: Monday & Friday / on site: Tuesday, Wednesday and Thursday. 


The Senior Associate of expense reporting will be responsible for all operational expense performance and reporting.  This includes preparation and analysis of departmental expense and staffing reports, allocated expense review, overhead analysis and technology fixed asset reporting related to the Group Membership Association line of business. The senior associate oversees quarterly and annual statutory and management reporting, delagation of authority payment rights, and will be responsible for coordination of the team's process improvements and efficiencies.


  • Develops, monitors, and reports quarterly and annual departmental expense reporting and staffing analysis, comparing actual experience to plan with identification of variance drivers, in accordance with corporate standards and guidelines. 
  • Participates in annual planning process, compiles budgets & staffing from various areas in Group Membership.            
  • Responsible for various quarterly and annual statement reports exhibits and notes for inclusion in the New York Life Annual Statement. 
  • Development of multi-year expense reporting plan, which is reported to senior management.                                                                                                                              
  • Performs month-end reconciliation of general ledger accounts and follows-up on outstanding items.                    
  • Prepares expense journal entries into SAP including fixed asset journal entries and the associated reporting related to technology projects. 
  • Assists with delegation of authority updates. 
  • Manages reporting of various initiatives to improve, streamline and make processes more effective and efficient.




  • Bachelor's degree in Accounting/Finance required.
  • 5+ years' related experience required.
  • Requires strong technical skills with Microsoft products (Excel, Word, Access) and SAP.  
  • Experience with Anaplan and/or Tableau is a plus.
  • Ability to perform in depth analysis of the expense transactions.
  • Ability to assist with planning process and expense reporting preparation.  
  • Ability to review current processes to target automation and streamline opportunites and has worked to enact these procedures into the day to day operations.
  • Ability to coordinate and work symbiotically with the entire finance staff to produce timely expense and management reporting and planning.  
  • Requires intense multi-tasking and the ability to properly manage the existing resources to meet strict and aggressive deadlines.
  • Ability to interact with several functional areas. 
  • Self Motivated 
  • Attention to detail 



Salary range: $90,000-$135,000 

Overtime eligible: Exempt 

Discretionary bonus eligible: Yes 

Sales bonus eligible: No 


Click here to learn more about our benefits. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.



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 volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. 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

Job Requisition ID: 90012




Nearest Major Market: White Plains
Nearest Secondary Market: New York City

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