Capital BlueCross

Director Financial Reporting

Capital BlueCross$108K — $130K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10 years of experience in financial reporting or comprehensive accounting environment
  • 5 years of management experience in a financial reporting environment
  • Bachelor's degree in accounting
  • CPA designation preferred
  • Proficiency in Microsoft Suite and Oracle or other accounting software

Responsibilities

  • Directs the Financial Reporting staff in preparing internal and external financial reports
  • Oversees month-end close and financial reporting processes ensuring data integrity
  • Develops and implements accounting policies and operational procedures
  • Manages investment accounting, reporting, and daily cash management activities
  • Oversees integration of financial reporting for new acquisitions
  • Selects, trains, supervises, and evaluates financial reporting staff
  • Manages relationships with internal and external auditors

Benefits

  • Hybrid work schedule with required onsite days
  • Opportunities for professional growth and advancement
  • Access to training and development programs
  • Work in a collaborative and supportive team environment
Full Job Description
Directs the Financial Reporting staff in functions related to the preparation of various internal and external financial reports for Capital Blue Cross and subsidiaries. Assist with the development of operational procedures within the Finance area and documentation of data flow. Responsible for the management of staff in functions related to investment accounting and reporting and daily cash management activities. Oversees the development and maintenance of the general ledger and financial reporting systems. Oversee the integration of acquisitions and accounting for subsidiaries. In addition, this position either directs or participates in various projects related to financial reporting and accounting. Responsibilities and Qualifications 37Coordinates and manages the completion of various internal and external financial reports prepared in accordance with GAAP, SAP, HHS and BCBSA reporting requirements.37Oversees the month end close and financial reporting process including consolidation, account analysis and reconciliation to ensure data integrity and accuracy.37Responsible for the development of and implementation of accounting policies. Responsible for the development of operational procedures and documentation of data flow.37Oversees and manages investment accounting and reporting and daily cash management activities. Manages vendor relationship with Investment Accounting Software. Manages vendor relationship with Custodian including setting up new custody accounts.37Responsible for implementation and upgrade of general ledger and financial reporting systems.37Responsible for the integration of the financial reporting of new acquisitions. Provide guidance to independent subsidiaries on accounting policies and procedures.37Selects, trains, supervises and evaluates employees. Prepares progress reviews, discusses employee performance, recommend salary increments and promotions and handles performance issues.37Manages relationship and requests from internal auditors, external auditors, including governmental representatives (CMS, HHS, OPM).37Performs other related duties and assignments as directed. Skills: 37Results oriented leader with strong interpersonal and communication skills. Developing specific goals and plans to prioritize, organize, and accomplish work.37Proven time management skills with ability to prioritize tasks. Ability to work under pressure in an ambiguous environment. Proficiency in Microsoft Suite Applications (Excel, Word, Access and PowerPoint). Experience with Oracle business suites preferred or other accounting software. Analytical skills, attention to detail, deadline-oriented, time management and high proficiency in mathematics. Knowledge: 37Functional knowledge of generally accepted accounting principles and statutory accounting principles. Functional knowledge of investment related accounting and reporting requirements. Experience: 3710 years of experience in financial reporting or in a comprehensive accounting environment and/or 5 years of management experience in a financial reporting environment. Education and Certifications: 37Bachelor's degree in accounting. CPA designation preferred. Location: 37This position is classified hybrid, which requires onsite work on Tuesdays and Wednesdays. Physical Demands: 37While performing the duties of the job, the employee is frequently required to sit, use hands to finger, handle and feel, and talk, hear, and see.37The employee must be able to work over 40 hours per week. The employee must occasionally lift and/or move up to 5 pounds.

About Capital BlueCross

Capital BlueCross is a health insurance company that was founded in 1938 and is headquartered in Harrisburg, Pennsylvania. The company provides health insurance to individuals and businesses in central Pennsylvania and the Lehigh Valley. Capital BlueCross is committed to improving the health and well-being of its members and the communities it serves. The company offers a variety of health and wellness programs, including fitness classes, nutrition counseling, and smoking cessation programs. Capital BlueCross is also committed to sustainability and has implemented several initiatives to reduce its environmental impact.
Learn more about Capital BlueCross
Size
1,500 employees
Industry

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