Operations Analyst Job at First American Financial Corporation, Scottsdale, AZ

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Job Description

Company Summary

Join a team that puts its People First! Since 1889, First American (NYSE: FAF) has held an unwavering belief in its people. They are passionate about what they do, and we are equally passionate about fostering an environment where all feel welcome, supported, and empowered to be innovative and reach their full potential. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For® list for eight consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all. For more information, please visit www.careers.firstam.com.

Job Summary

Essential Functions

  • Prepare monthly incentive calculations for all incentive plans
  • Perform monthly incentive account reconciliations
  • Develop incentive and commission projections during annual budget process
  • Analyze data from multiple sources, develop models for analysis of various plan design options, and calculate and analyze incentive payout projections
  • Plan and model commission expense in collaboration with Sales executives, Finance and Corporate Compensation
  • Support implementation and ongoing administration of incentive plans and provide guidance and analysis to corporate and sales channel leadership
  • Forecast quarterly and annual commission/bonus program expense
  • Conduct regular audits for plan compliance
  • Perform general ad hoc analysis of financial and operational data for trends and variances and present findings to finance management
  • Uses historical trend information along with changes in market and business environments to create projections used for the budgeting or forecasting processes

Knowledge and Skills/Technology Used

  • Finance & Accounting – experience in finance, economic and accounting principles and practices, the financial markets, financial statements, and valuation, analysis and reporting of financial data
  • Mathematics & Analytics – ability to understand, manipulate and solve problems using mathematics on large data sets
  • Computer Skills – advanced knowledge of Microsoft Office Suite, particularly Excel and PowerPoint
  • Problem Solving – identify problems and review related information to develop and evaluate options and implement solutions
  • Organizing, Planning & Prioritizing Work – developing specific goals and execution plans for the completion of tasks
  • Good Communication Skills – both written and verbal
  • Critical Thinking – use logic and reasoning to identify alternative solutions, conclusions or approaches to problems
  • Judgment & Decision Making – consider relative costs and benefits of potential actions to choose most appropriate course of action
  • Familiar with standard concepts, practices and procedures of the business

Typical Education

  • Bachelor’s degree or equivalent combination of education and experience

Typical Range of Experience

  • 2-5 years of experience in a financial/accounting capacity

First American invests in its employees' development and well-being, empowers them to provide superior customer service and encourages them to serve the communities where they live and work. First American is committed to diversity and inclusion. We are an equal opportunity employer.

Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave and other great benefits like an employee stock purchase plan.

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