Financial Analyst I (HYBRID in Worcester, MA)

Hanover Insurance Group•Worcester, MA

1d•Hybrid

About The Position

Our Finance team is currently seeking a Financial Analyst in our Worcester, MA location. This is a full time, exempt role. Position is eligible for Hybrid/Flex work arrangement. POSITION OVERVIEW: Develops, interprets, and implements complex financial and accounting concepts, or techniques for financial planning and control, by performing the following duties. Conducts special studies to analyze complex financial actions and prepares recommendations for policy, procedure, control, or action. Provides interpretation of financial policies, governmental legislation, accounting theory, or customer financial regulations. Analyzes financial information to determine present and future financial performance. Identifies trends and recommends improvements accordingly. Evaluates complex profit plans, operating records, and financial statements. Directs preparation of studies, reports, and analyses in areas such as budgets, forecasts, financial plans, governmental requirements, statistical reports, cash flow projections, and business forecasts. Interprets and applies corporate financial policies, government legislation, and accounting theory. Establishes databases of pertinent information for use in analyzing future plans and forecasts. Makes recommendations to management regarding cost saving or profit generating opportunities and profitability improvement strategies. Coordinates with all levels of management to gather, analyze, summarize, and prepare recommendations regarding financial plans, acquisition activity, new business planning, trended future requirements, government requirements, and operating forecasts. Researches and prepares economic reports on subjects such as rate of return, depreciation, working capital requirements, investment opportunities, investment performance, and impact of governmental requirements. Assists organization's controller in the development of the budget, planning, and other corporate financial requirements. This job posting provides cursory examples of some of the job duties associated with this position. The examples provided are not complete, and the position may entail other essential and job-related functions and responsibilities that employees will be required to perform.

Requirements

Typically has 0-2 years related experience in finance/accounting positions.
Bachelor's Degree or equivalent work experience.
Advanced knowledge of Microsoft Office Suite (Excel, PowerPoint) required.
Familiar with SQL and PowerBI used to pull, automate, and create visuals with data.
Possess and applies knowledge of financial analysis principles and practices.
Excellent verbal and written communication skills.
Able to handle competing priorities simultaneously.
Able to use a personal computer and other standard office equipment
Able to work in a fast paced or stressful environment
Able to travel as necessary
Able to sit and/or stand for extended periods (75%-90%, as appropriate)

Responsibilities

Develops, interprets, and implements complex financial and accounting concepts, or techniques for financial planning and control
Conducts special studies to analyze complex financial actions and prepares recommendations for policy, procedure, control, or action.
Provides interpretation of financial policies, governmental legislation, accounting theory, or customer financial regulations.
Analyzes financial information to determine present and future financial performance.
Identifies trends and recommends improvements accordingly.
Evaluates complex profit plans, operating records, and financial statements.
Directs preparation of studies, reports, and analyses in areas such as budgets, forecasts, financial plans, governmental requirements, statistical reports, cash flow projections, and business forecasts.
Interprets and applies corporate financial policies, government legislation, and accounting theory.
Establishes databases of pertinent information for use in analyzing future plans and forecasts.
Makes recommendations to management regarding cost saving or profit generating opportunities and profitability improvement strategies.
Coordinates with all levels of management to gather, analyze, summarize, and prepare recommendations regarding financial plans, acquisition activity, new business planning, trended future requirements, government requirements, and operating forecasts.
Researches and prepares economic reports on subjects such as rate of return, depreciation, working capital requirements, investment opportunities, investment performance, and impact of governmental requirements.
Assists organization's controller in the development of the budget, planning, and other corporate financial requirements.