Principal Tech & Product Financial Analyst

As a Principal Financial Analyst in the Technology Financial team, you are responsible for supporting specific leaders in the Technology organization as a trusted partner.  Responsibilities include fully understanding the Tech Org’s business strategy and aligning to budget, accounting, and charge-back functions for the area, understanding contractual commitments and identifying opportunities to optimize costs.  As a principal analyst, development and management of financial business cases to support decision making is key.  The principal will also lead work across the team and be a trusted partner to their technology leaders. The ability to handle multiple concurrent priorities providing accurate and timely results is key to success.
 

Responsibilities

• Financial analysis & reporting: Accurately analyze & explain key cost drivers and monthly variances, suggest actions to the business, and manage the regular reporting process.  May own categories of expenses across the team and provide leadership to ensure accurate reporting.

• Support decision makers with business case financial models, reporting and analysis. Forecast performance, analyze trends, provide analysis and develop recommendations for a variety of Finance and Technology strategic projects.

• Manage the creation of initial budget and forecast assumptions for assigned Tech area(s) and update forecast throughout the year.

• Understand contractual commitments providing financial analysis for renewals and new potential new acquisitions.

• Identify opportunities for improved value and/or reduced spend and influence action on approved recommendations.

• Support month-end close processes and present results to business partners. 

• Communicate effectively with all levels of leadership.

• Lead or support critical projects as needed.

Basic Qualifications

• 5+ years of relevant work experience in finance and accounting, preferably supporting Information Technology

• Strong analytical skills, with a focus on data-driven decision-making

• Excellent critical thinking and problem-solving skills, with a collaborative mindset

• Experience in the ability to influence business partners and provide recommendations to drive decision-making and execution

• Proficiency in Microsoft Excel, Word, Power Point, and PowerBI or similar tooling

Preferred Qualifications

• Bachelor’s degree in business, finance or related field; CPA desired

• Workday Financials and Adaptive Planning system user experience

• Effective communication (within team and with all levels of management) is required

Expectations

• Must follow a hybrid work schedule; 3 days a week on-site

• Must be located in the Chevy Chase, MD metro or surrounding area

Annual Salary

The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate’s work experience, education and training, the work location as well as market and business considerations.

The GEICO Pledge:

Great Company: At GEICO, we help our customers through life’s twists and turns. Our mission is to protect people when they need it most and we’re constantly evolving to stay ahead of their needs.

We’re an iconic brand that thrives on innovation, exceeding our customers’ expectations and enabling our collective success. From day one, you’ll take on exciting challenges that help you grow and collaborate with dynamic teams who want to make a positive impact on people’s lives.

Great Careers: We offer a career where you can learn, grow, and thrive through personalized development programs, created with your career – and your potential – in mind.  You’ll have access to industry leading training, certification assistance, career mentorship and coaching with supportive leaders at all levels.

Great Culture: We foster an inclusive culture of shared success, rooted in integrity, a bias for action and a winning mindset. Grounded by our core values, we have an an established culture of caring, inclusion, and belonging, that values different perspectives. Our teams are led by dynamic, multi-faceted teams led by supportive leaders, driven by performance excellence and unified under a shared purpose.

As part of our culture, we also offer employee engagement and recognition programs that reward the positive impact our work makes on the lives of our customers.

Great Rewards: We offer compensation and benefits built to enhance your physical well-being, mental and emotional health and financial future.

• Comprehensive Total Rewards program that offers personalized coverage tailor-made for you and your family’s overall well-being.
• Financial benefits including market-competitive compensation; a 401K savings plan vested from day one that offers a 6% match; performance and recognition-based incentives; and tuition assistance.
• Access to additional benefits like mental healthcare as well as fertility and adoption assistance.
• Supports flexibility- We provide workplace flexibility as well as our GEICO Flex program, which offers the ability to work from anywhere in the US for up to four weeks per year.

The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.

GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.