Job Description

Your Role

The Corporate Financial Accounting & Reporting team is responsible for the recording and reporting of financial information for Blue Shield of California and its subsidiaries. The Accounting Manager will report to the Assistant Controller. In this role, you will manage a team of accountants and be responsible for accounting and financial reporting activities for subsidiary and affiliated entities, including entity-level accounting, month-end close, balance sheet reconciliations, intercompany activity, audit support, and reporting deliverables. This role will partner closely with Finance, Tax, Treasury, and other business partners to support accurate, timely, and well-controlled financial reporting across a complex legal entity structure.

Responsibilities

Your Work

In this role, you will:

Accounting, Close, and Entity Reporting

• Lead accounting and financial reporting activities for subsidiary and affiliated entities, including month-end close, entity-level accounting, consolidation support, and related analysis
• Review and approve journal entries and balance sheet reconciliations for timeliness, accuracy, completeness, and quality of supporting documentation
• Oversee intercompany accounting, shared service fee activity, related party balances, and other transactions across affiliated entities
• Provide oversight of accounts payable activities, including invoice processing, payment controls, vendor-related accounting, accruals, and coordination with business partners to support timely, accurate, and well-controlled payment operations

Reporting, Analysis, and Technical Accounting

• Support financial reporting deliverables, including schedules, analyses, management reporting, audited financial statement support, and other internal or external reporting requests
• Analyze and communicate significant fluctuations, trends, risks, and business drivers impacting financial results and balance sheet accounts
• Serve as a subject matter expert on US GAAP accounting and reporting considerations impacting subsidiary and affiliated entities, including consolidation, intercompany transactions, related party activity, accruals, revenue, expenses, and balance sheet classification

Governance, Controls, Audit Readiness and Process Improvement

• Support internal, external, and regulatory audit activities by preparing and reviewing financial schedules, account analyses, reconciliations, and supporting documentation
• Develop, enhance, and implement accounting policies, procedures, process documentation, and internal controls to support accurate reporting, audit readiness, and scalable operations
• Support system, reporting, and process improvement initiatives, reporting enhancements, automation opportunities, and close process improvements

People Leadership and Business Partnership

• Lead, coach, and develop a team of accountants by setting clear expectations, reviewing work, building technical capability, and fostering accountability, collaboration, and continuous learning
• Respond to requests for guidance and financial information from internal business partners and leadership
• Partner with Finance, Tax, Treasury, Legal, and business partners to evaluate accounting treatment for new or complex transactions, organizational changes, acquisitions, service arrangements, and other business initiatives
• Assist with executive, board, Audit Committee, regulatory, and other ad-hoc reporting deliverables

Qualifications

Your Knowledge and Experience

• Requires a Bachelor's degree in Accounting, Finance, Economics, or equivalent
• CPA designation or an advanced degree preferred
• Requires at least 7 years of progressive accounting, audit, or financial reporting experience, including 2 years of management experience gained as a team leader, supervisor, or program/project manager
• Requires Healthcare, provider group, medical group, managed care, or multi-entity accounting experience
• Requires comprehensive and current understanding of US GAAP, including the ability to apply accounting guidance to complex transactions and evolving business structures
• Experience with month-end close, balance sheet reconciliations, intercompany accounting, consolidations, financial statement support, and audit documentation
• Possesses outstanding collaboration and oral/written communication skills
• Possesses excellent analytical and problem-solving skills, with strong attention to detail and sound professional judgment
• Able to prioritize work to meet internal and external deadlines in a fast-paced, evolving environment
• Highly proficient in Microsoft Excel
• Oracle, Workday, Great Plains, or similar ERP system experience preferred

Hybrid

This role requires employees to be in-office based on our hybrid workplace model, balancing purposeful in-person collaboration with flexibility. For most teams, this means coming into the office two days each week. Employees living more than 50 miles from an office location will work with their manager to determine in-office time based on business need.

About the Team

About Blue Shield of California

As of January 2025, Blue Shield of California became a subsidiary of Ascendiun. Ascendiun is a nonprofit corporate entity that is the parent to a family of organizations including Blue Shield of California and its subsidiary, Blue Shield of California Promise Health Plan; Altais, a clinical services company; and Stellarus, a company designed to scale healthcare solutions. Together, these organizations are referred to as the Ascendiun Family of Companies.

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.

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