Financial Analyst

ABOUT US

At HUB International, we are a team of entrepreneurs. We believe in empowering our clients, and we do so by protecting businesses and individuals in our local communities. We help businesses evaluate their risks and develop solutions tailored to their needs. We believe in empowering our employees. As a global firm, we offer employees resources in both technology and industry expertise, but we still maintain the local flavor of our offices. Our structure enables our teams to maintain their own unique, regional culture while leveraging support and resources from our corporate centers of excellence.

HUB is the 5th largest global insurance and employee benefits broker, providing a boundaryless array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. With over 17,000 employees in more than 650 offices throughout North America, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions.

Purpose: Provide reporting and analysis support to Finance, Operations Management, and M&A.

About the Position: This position is part of the Corporate Financial Planning & Analysis (FP&A) Team. It supports two areas: 1. The Retirement & Private Wealth (RPW) line of business, which is one of Hub’s fastest growing divisions, and 2. M&A Compliance, which reviews contingent payment calculations related to acquisitions. This position reports to the Finance Manager and will be in Chicago (Downtown Loop area) for a hybrid workweek.

RPW is Hub’s Financial Advisor business. It contains Hub’s broker dealer and registered investment advisor (RIA) entities. On a national level this position will provide consolidated reporting and analysis to corporate RPW executives. It works across all US regional hubs that have RPW business by supporting the regional CFO’s and their finance teams. It also works with the regional RPW acquisitions directly by supporting the principals and their teams. In providing this support, this individual will have frequent contact with the corporate accounting team that handles RPW’s transactional accounting. There will be exposure to many areas of corporate finance such as analyzing actual results, budgeting, forecasting, financial modeling, enterprise system projects, strategic decision support, and M&A.

M&A compliance understands the M&A strategy and transaction cycle to effectively review post-acquisition financial results that trigger performance payments to sellers, and it provides other ad hoc transaction support.

Major Duties & Responsibilities:

• Maintain and distribute existing reporting and analysis related to financial metrics
• Review contingent payment calculations (earnouts, working capital adjustments, etc.) related to acquisitions to ensure compliance with contractual terms
• Improve upon existing reporting as requested by management
• Implement new reporting requirements as requested by management
• Creates, organizes, and maintains files using database and spreadsheet programs
• Retrieves and organizes data into required reporting formats
• Research, identify, and communicate key variances relating to financial and operational metrics
• Team with regional finance partners by asking questions to identify key business reasons on variances to budget, prior year, and pro forma
• Provide ad-hoc financial and operational analysis to support business decisions
• Build financial models using data from financial and operational systems
• Contribute to preparation of business presentations for all levels of management
• Participate in annual budget process and monthly forecasting processes

Qualifications:

• Degree in Finance or Accounting required
• 1-5 years of Corporate Finance experience or similar role
• Advanced Microsoft Excel and PowerPoint knowledge
• Experience with hierarchal databases (Hyperion, Oracle Fusion, Smart View or other enterprise accounting and finance systems a plus)
• Strong overall systems knowledge to work with legacy sales systems and CRM
• Strong organization skills to maintain records
• High level of comfort communicating with management including Corporate Executives
• Experience interacting with Financial Advisors a plus
• Experience with a broker dealer and/or a registered investment advisor (RIA) a plus
• M&A exposure a plus

JOIN OUR TEAM

Do you believe in the power of innovation, collaboration, and transformation? Do you thrive in a supportive and client focused work environment? Are you looking for an opportunity to help build and drive change in a rapidly growing and evolving organization? When you join HUB, you will be part of a community of learners and doers focused on helping our leaders maximize the potential of their employees.