Associate Financial Analyst

Aspida is a tech-driven, nimble insurance carrier backed by Ares Management Corporation, a leading global alternative asset manager. We offer simple and secure retirement solutions and annuity products with speed and precision, focusing on protecting the dreams of our partners, producers, and clients. Our suite of products emphasizes secure, stable retirement solutions with attractive features and downside protection, delivered through an elegant and intuitive digital platform.

About the role

The Associate Financial Analyst supports the Financial Planning & Analysis (FP&A) team by owning the company’s expense management and reporting processes. This role serves as the primary finance contact for expense governance, ensuring purchase commitments are reviewed, aligned with approved budgets, and communicated effectively across the organization. While the primary focus is expense management, the Associate Financial Analyst will also support broader FP&A initiatives, including budgeting, forecasting, and financial analysis. This position reports to a Financial Analyst and requires onsite work 3 days a week at our Durham, NC headquarters.

Responsibilities

• Expense Governance
  • Serve as the primary FP&A reviewer for company purchase order (PO) requests prior to approval.
  • Review purchase requests to ensure expenditures are appropriate, adequately supported, and aligned with approved budgets and company policies.
  • Partner with business leaders, Procurement, and Accounts Payable to resolve questions related to purchase requests and spending.
  • Identify requests that exceed approved budgets or require additional review, escalating concerns to finance leadership and ensuring timely communication with stakeholders.
  • Maintain strong financial governance by helping ensure company spending is appropriately reviewed before commitments are made.
• Expense Reporting
  • Prepare and distribute weekly reports summarizing Accounts Payable activity and company spending.
  • Monitor spending trends and identify unusual activity, significant transactions, or potential budget risks.
  • Provide timely reporting and insights to support management’s visibility into operating expenses.
• Departmental Expense Reporting
  • Prepare quarterly departmental expense reports comparing actual results against approved budgets.
  • Analyze spending variances, identify key drivers, and communicate findings to department leaders.
  • Support department managers in monitoring budget utilization throughout the year.
  • Assist with expense forecasting and ongoing budget management activities.
• Financial Analysis
  • Perform ad hoc analyses related to operating expenses, departmental spending, vendor activity, and budget performance.
  • Develop reports and dashboards that improve visibility into company expenditures.
  • Support monthly, quarterly, and annual FP&A reporting and analysis as needed.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field.
• 1–3 years of experience in financial analysis, corporate finance, FP&A, accounting, or a related analytical role.
• Experience with financial reporting, budgeting, forecasting, variance analysis, or financial modeling preferred.
• Experience working with large datasets and translating financial information into actionable insights.

Benefits

• Salaried, exempt position.
• Long-Term Incentive Plan.
• Full-time role with a comprehensive benefits package.

We value inclusivity and encourage candidates from diverse backgrounds, including non-traditional paths, to apply. Unique experiences enrich our team, and a willingness to dream big makes you an exceptional candidate.