Expense Accounting Sr Analyst

March 24, 2024

Job Description

Securian Financial

The Expense Accounting Sr. Analyst is responsible for assisting with the execution of Securian’s expense allocation processes and related reporting, managing allocations in both SAP / PAPM and Apptio systems. This position combines in-depth analysis, critical thinking, and technical expertise to manage expense allocations through both budget and quarterly financial reporting requirements.

Responsibilities include but are not limited to:

  • Responsible for assisting with the ongoing management of Securian’s expense allocation framework for both Actuals and Budget, involving both SAP PAPM and Apptio systems, and managing data feeds between both systems.
  • Responsible for expense allocation results reporting, to facilitate expense transparency between budget owners and finance teams in product areas.
  • Manage and communicate detailed allocation methodology, ensuring cost center owners understand and review allocation methods, and finance teams understand resulting expense allocations.
  • Supporting the establishment of a cross-functional team as a communication and input forum for Expense Allocation topics. Partner with FP&A professionals across the company to develop appropriate allocations for various cost centers and divisions.
  • Identify and implement process efficiencies and to bring transparency to Securian’s allocation methodology processes and results.
  • Develop and maintain an in-depth knowledge of budget functionality, expense data, processes and serve as a consultant on expense allocation topics.
  • Monitor industry practices and related to expense management, budgeting, and allocation topics. Consultant should pro-actively research industry practices and stay current with budgeting and allocation topics.
  • Scope of responsibilities may expand beyond primary area of focus as the Expense Accounting Team evolves.


  • Bachelor’s Degree (concentration in Finance and/or Accounting)
  • Demonstrated financial data analysis and problem-solving skills to effectively research, analyze, and respond to expense questions.
  • Prior experience working, implementing and reporting on allocations, preferably in either PAPM or Apptio systems.
  • Strong written and verbal communication skills in order to interact with all levels of management.
  • Ability to work efficiently under pressure.
  • Ability to deal with confidential information and situations.
  • Ability to work independently.
  • Ability to make effective presentations to a variety of audiences.
  • Advanced experience with MS Excel and various MI tools.
  • Accounting Knowledge. This position should have an adequate level of accounting knowledge (assumed with completion of a four-year degree with either a major or minor in accounting, finance or business administration).

Preferred Qualifications:

  • Insurance industry experience
  • Professional work experience in Accounting and/or Finance
  • Apptio or PAPM system experience.

*The internal Securian Financial job title for this position is Financial Planning & Analysis Consultant*

Securian Financial believes in hybrid work as an integral part of our culture. Associates get the benefit of working both virtually and in our offices. If you’re in a commutable distance (90 minutes) you’ll join us 2-3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules. When working in our offices at least two days per week isn’t feasible (vacations, illness, travel, etc.), an eight day per month standard is an option.

Physical Job Requirements:

  • Ability to utilize the keyboard, computer and/or mouse for up to 8 hours per day
  • Ability to work at least 40 hours per week
  • Ability to utilize the phone and/or virtual meeting platform for 1-4 hours per day

The physical job requirements described above are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of jobs.

Be you. With us. At Securian Financial, we understand that attracting top talent means offering more than just a job – it means providing a rewarding and fulfilling career. As a valued member of our high-performing team, we want you to connect with your work, your relationships and your community. Enjoy our comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including the advantages listed here:

Paid time off:

  • We want you to take time off for what matters most to you. During your first year of hire, you receive a prorated bank of personal days and vacation time depending on your month of hire.
  • Leave programs: Securian’s flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.

Company-funded pension plan and a 401(k) retirement plan: Share in the success of our company. Securian’s 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent. The amount is based on company results compared to goals related to earnings, sales and service.

Health insurance: From the first day of employment, associates and their eligible family members – including spouses, domestic partners and children – are eligible for medical, dental and vision coverage.

Volunteer time: We know the importance of community. Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you.

Associate Resource Groups: Build connections, be yourself and develop meaningful relationships at work through associate-led ARGs. Dedicated groups focus on a variety of interests and affinities, including:

  • Mental Wellness and Disability
  • Pride at Securian Financial
  • Securian Young Professionals Network
  • Securian Multicultural Network
  • Securian Women and Allies Network
  • Servicemember Associate Resource Group

For more information regarding Securian’s benefits, please review our Benefits page.

This information is not intended to explain all the provisions of coverage available under these plans. In all cases, the plan document dictates coverage and provisions.

Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, gender, gender identity, sexual orientation, age, marital or familial status, pregnancy, disability, genetic information, political affiliation, veteran status, status in regard to public assistance or any other protected status. If you are a job seeker with a disability and require an accommodation to apply for one of our jobs, please contact us by email at Employment@Securian.com, by telephone 651-655-5522 (voice), or 711 (Relay/TTY).

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