Financial Analyst II - Financial Planning & Analysis

Protective Life is seeking a Financial Analyst II to join its Financial Planning & Analysis (FP&A) team to deliver clear, accurate, and actionable expense insights across multiple business divisions. The role focuses on expense management, reporting, and analysis to support operational and strategic decision-making.

• Maintain, calculate, and execute monthly expense allocations.
• Conduct expense reviews to identify unusual variances and determine root causes.
• Prepare and present expense variance reports with analysis and commentary for leadership.
• Complete calculations of deferred acquisition costs (DAC).
• Produce unit cost reporting and provide insights to support operational decisions.
• Prepare journal entries with complete and accurate supporting documentation.
• Complete account reconciliations and ensure compliance with internal controls.
• Partner with FP&A, Accounting, and business leaders to resolve discrepancies and enhance reporting accuracy.
• Support annual budgeting and recurring forecasting cycles using SAP, Microsoft Excel, and Anaplan.
• Contribute to additional FP&A analyses, reporting enhancements, and process improvement initiatives.

• Bachelor’s degree in Accounting, Finance, or a related field.
• Minimum 2 years of relevant accounting, finance, or FP&A experience.
• Advanced Microsoft Excel proficiency (complex formulas, pivot tables, and data analysis).
• Strong analytical and critical-thinking skills with ability to work with large/complex data sets.
• Knowledge of accounting principles, financial statements, expense classifications, and internal control practices.
• Ability to identify and explain drivers of financial variances and trends.
• Ability to manage multiple priorities and meet recurring monthly/quarterly deadlines.
• Strong communication skills for translating financial information to non-financial audiences.
• Experience with SAP or similar ERP/general ledger systems; Anaplan experience preferred.
• Strong attention to detail and accuracy; ability to work independently and collaboratively.

• Work arrangement: Hybrid/in-person role reporting to the Birmingham, AL office.

• Cycle: Recurring monthly and quarterly close/reporting cadence; supports annual budgeting and forecasting.

• Benefits: Health, dental, and vision insurance; mental health benefits and employee assistance program.

• Paid time away: Paid time off, paid parental leave, short-term disability, and a cultural observance day.

• Financial benefits: Contributions to healthcare accounts, pension plan, and 401(k) with company matching.

• Wellbeing: ProHealth Rewards wellbeing platform with cash rewards.