Senior FP&A Analyst at Thrivent in Minneapolis, MN

Job description

We exist to help people achieve financial clarity. At Thrivent, we believe money is a tool, not a goal. Driven by a higher purpose at our core, we are committed to providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they’ve been given. At our core, we are a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our clients. We focus on their goals and priorities, guiding them toward financial choices that will help them live the life they want today—and tomorrow. Job Summary The Financial Planning & Analysis (FP&A) Sr. Analyst role is an important role which provides the foundational financial support to the Advice & Wealth Management (A&WM) segment and Thrivent Investment Management Inc. (TIMI) business leaders to enable proactive and meaningful business reviews & strategic discussions. It requires analytical skills and the ability to partner and influence across the Distribution organization and the Experienced Advisor recruiting team. This role supports management reporting and insights on assets under management (AUM) drivers, revenues, expenses and earnings, as well as financial modeling for experienced advisor recruiting deals, by partnering with business leaders and FP&A partners. Collaboration and partnership are foundational to success in this role. Thriving in an evolving environment, working to drive innovation, and adopting industry best practice to drive sustainable growth is key. Job Responsibilities and Duties Collaborate with A&WM, TIMI and Distribution business leaders to engage in financial planning activities and support decision-making utilizing strategic financial analyses. Provide financial analysis, planning/forecasting and decision-making support to A&WM and TIMI and support key business routines such as quarterly forecast, annual and long-range planning. Lead the preparation of A&WM and TIMI monthly and quarterly management reporting and insights—AUM drivers (deposits, redemptions and market), revenues, expenses and earnings—for FP&A Business Partners and leaders to drive decisions and forecast results Perform frequent and complex ad hoc analytical assignments and financial modeling, including deal support for Experienced Advisor recruiting, to identify opportunities in the business and presenting recommendations to FP&A Business Partners and Distribution leaders Support FP&A Business Partners & division leaders in managing A&WM and TIMI expenses and deliver reporting to assist in the identification of appropriate levels of spending and potential areas of cost reduction. Serve as a partner to business leaders in the monthly review, updating, and variance analysis of financial forecasts on a rolling basis; Work with corporate finance to review affordability of expenses and adjust as needed. Identify, analyze, and provide insights on emerging AUM, revenue and earnings trends. Collaborate with Experienced Advisor and Distribution leaders to improve the recruiting deal modeling process—standardizing inputs, assumptions and workflow—and identify the data and measurements needed to track program success. Support resource investment analysis processes across a portfolio of projects. Prepare communications, coordinate, and lead meetings to present findings to business leaders on topics such as A&WM and TIMI business performance, key performance indicators (KPIs), and advisor recruiting investment analysis. Job Qualifications Bachelor’s degree in accounting, business, or finance required; advanced degree in finance or professional designation (e.g., CPA, CMA, MBA) preferred. FP&A, financial analysis or public accounting experience required. Successful experience in financial forecasting, budgeting, business partnership, and financial modeling preferred. 2+ years financial planning & analysis experience or other similar experience. Advanced spreadsheet skills prefe