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CareFirst BlueCross BlueShield
Senior Financial Analyst (Hybrid)CareFirst BlueCross BlueShield • Baltimore, MD
Senior Financial Analyst (Hybrid)

Senior Financial Analyst (Hybrid)

CareFirst BlueCross BlueShield • Baltimore, MD
30+ days ago
Job type
  • Full-time
Job description

PURPOSE:


This Sr. Financial Analyst is in the Health Services division and will support the division's day-to-day budget. Oversees various financial functions such as budgeting, auditing, forecasting and analysis. Provides financial support to the business, including but not limited to cost accounting, revenue recognition, subcontractor financial management, At Risk coordination, forecasting and EAC development, variance analysis, invoice preparation/review and cash flow management (to include timely unbilled analysis/reconciliations). Interfaces regularly with project managers, account managers and business area directors. Supports large and/or complex projects.

ESSENTIAL FUNCTIONS:
  • Plans and produces various financial reports. Analyzes trends, calculates and verifies data. Interfaces with other areas to develop reporting specifications, methods and procedures, and prioritizes requests.

  • Develops, coordinates, analyzes and verifies data and financial reports to produce the financial Plan for all areas of the Company. Creates and manages a database for Plan reporting. Develops specifications needed to generate statistics, develops methods and procedures for calculating data and presenting results.

  • Responds to manager, director, and executive inquiries, handles special requests, researches complex accounting issues. Communicate with corporate management on accounting/financial processes and regulatory requirements. Prepare financial data for presentation to upper management.

  • Coordinates, reviews and analyzes major financial report submissions to ensure corporate compliance with applicable regulations, laws or guidelines. Gathers, compiles and interprets information collected through financial analyses in order to identify trends and provide insight for decision making.


SUPERVISORY RESPONSIBILITY:
Position does not have direct reports but is expected to assist in guiding and mentoring less experienced staff. May lead a team of matrixed resources.

QUALIFICATIONS:

Education Level: Bachelor's Degree in Accounting, Finance, related field or technical training OR in lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.

Experience: 5 years Experience in a finance, accounting or an analytical role within finance sector or quantitative analysis.

Preferred Qualifications:
Healthcare insurance industry experience strongly preferred.

Knowledge, Skills and Abilities (KSAs)

  • Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
  • Proficient with financial analysis software (i.e., Delphi Technology, Oracle E-Business Suite Financials, Longview).
  • Proficient with database entry and query software.
  • Excellent communication skills both written and verbal.


Licenses/Certifications
Certified Public Accountant (CPA) Upon Hire Preferred

Department

Department:

Equal Employment Opportunity

CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer. It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

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Senior Financial Analyst (Hybrid) • Baltimore, MD

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