Job Description

Your Role

The Corporate Financial Accounting and Reporting, Gross Margin team plays a critical role in ensuring the integrity of financial reporting for Blue Shield of California and its subsidiaries. Reporting to the Assistant Controller, the Accounting Manager will lead a team of accountants responsible for revenue and cost of healthcare accounting for Blue Shield of California and its health plan subsidiaries. This is an excellent opportunity for a strong people leader and technical accounting professional to shape processes, build team capability, and make a visible impact on financial reporting, audit readiness, and regulatory compliance in a mission-driven organization.

We are looking for a leader who brings strong technical judgment, a collaborative mindset, and a passion for developing talent. This role offers the opportunity to lead meaningful work, partner across the organization, and contribute to a team culture grounded in accountability, continuous improvement, and professional growth.

Responsibilities

Your Work

In this role, you will:

• Lead the month-end close for gross margin for revenue and cost of healthcare, ensuring financial accuracy, timeliness, and operational excellence
• Partner closely with Finance, Actuarial, Operations, and IT to support accurate accounting, strong reporting, and alignment across key business processes
• Drive automation and process improvement initiatives that enhance efficiency, strengthen controls, and support a scalable close environment
• Review and approve journal entries and collaborate with IT to resolve system or interface issues that affect data quality and financial reporting
• Oversee monthly balance sheet reconciliations, ensuring timely resolution of reconciling items and strong supporting documentation
• Serve as a trusted subject matter expert on US GAAP accounting for revenue and cost of healthcare transactions, including technical analyses and accounting conclusions
• Analyze and communicate significant gross margin trends, fluctuations, and business drivers to leadership and key stakeholders
• Assess accounting implications of new or complex transactions, business initiatives, and process changes that may affect financial reporting
• Develop and enhance accounting policies, procedures, and internal controls in support of evolving business and regulatory requirements
• Identify risks, solve problems proactively, and recommend practical, well-supported solutions to accounting and reporting issues
• Support internal, external, and regulatory audits through well-prepared analyses, documentation, and control support
• Support regulatory reporting deliverables by preparing analyses, schedules, and documentation that facilitate timely, accurate, and well-supported submissions
• Prepare and review audited financial statement disclosures, and related accounting memos and narratives in compliance with US GAAP
• Lead, coach, and develop a team of accountants by setting clear expectations, building technical capability, and fostering a culture of ownership and continuous learning
• Contribute to special projects and broader team initiatives that support the evolution of the accounting organization

Qualifications

Your Knowledge and Experience

• Requires a Bachelor's degree in Accounting, Finance, Economics, or a related field, or equivalent experience
• CPA and/or advanced degree preferred
• Requires a minimum of 7 years of progressive accounting or financial reporting experience, including 2 years of people leadership or equivalent oversight experience
• At least two (2) years of healthcare industry experience preferred
• Strong knowledge of US GAAP and the ability to apply accounting guidance to complex or evolving transactions
• Demonstrated success leading teams, partnering cross-functionally, and communicating effectively with a range of stakeholders
• Excellent analytical, problem-solving, and organizational skills, with strong attention to detail and sound professional judgment
• Ability to manage competing priorities and deliver high-quality work in a fast-paced environment
• Advanced proficiency in Microsoft Excel
• Experience with Oracle, Workday, or similar ERP systems preferred

Our Workplace Model

We believe in fostering a workplace environment that balances purposeful in-person collaboration with flexibility - providing clear expectations while respecting the diverse needs of our workforce. Our workplace model is designed around intentional in-person interaction, collaboration, connection, creativity and flexibility:

• For most teams, this means coming into the office two days per week.
• Employees living more than 50 miles from an office location, out of state employees, and employees in certain member-facing roles should work with their manager to determine in-office time based on business need.
• For employees with medical conditions that may impact their ability to work in-office, we are committed to engaging in an interactive process and providing reasonable accommodations to ensure their work environment is conducive to their success and well-being.

The Company reserves the right to require more presence in the office based on business needs, and requirements are subject to change with periodic reviews.

Physical Requirements:

Office Environment - roles involving part to full time schedule in Office Environment. Based in our physical offices and work from home office/deskwork - Activity level: Sedentary, frequency most of work day.

Please click here for further physical requirement detail.