CareFirst BlueCross BlueShield

Senior Financial Analyst - FEP Accounting (Hybrid)

CareFirst BlueCross BlueShield$68K — $135K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting, Finance, or related field, or 4 additional years of relevant experience in lieu of degree
  • 5 years of experience in finance, accounting, or analytical roles
  • CPA or MBA strongly preferred
  • Experience in the healthcare insurance industry preferred
  • Proficient in financial analysis software (e.g., Delphi Technology, Oracle E-Business Suite)
  • Knowledge of economic and accounting principles and practices
  • Excellent written and verbal communication skills

Responsibilities

  • Plans and produces financial reports; analyzes trends and verifies data
  • Develops and manages a financial Plan reporting database
  • Responds to inquiries from management regarding complex accounting issues
  • Coordinates and reviews major financial report submissions for compliance
  • Gathers and analyzes financial data to identify trends for decision making

Benefits

  • Comprehensive benefits package
  • Various incentive programs
  • 401k contribution plans
  • Opportunity to guide and mentor less experienced staff
Full Job Description
Resp & Qualifications

PURPOSE:
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.

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

Preferred Qualifications:
CPA or MBA strongly preferred. 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.


Salary Range: $68,184 - $135,421

Salary Range Disclaimer

The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. This compensation range is specific and considers factors such as (but not limited to) the scope and responsibilities of the position, the candidate's work experience, education/training, internal peer equity, and market and business consideration. It is not typical for an individual to be hired at the top of the range, as compensation decisions depend on each case's facts and circumstances, including but not limited to experience, internal equity, and location. In addition to your compensation, CareFirst offers a comprehensive benefits package, various incentive programs/plans, and 401k contribution programs/plans (all benefits/incentives are subject to eligibility requirements).

Physical Demands:

The associate is primarily seated while performing the duties of the position. Occasional walking or standing is required. The hands are regularly used to write, type, key and handle or feel small controls and objects. The associate must frequently talk and hear. Weights up to 25 pounds are occasionally lifted.

Sponsorship in US

Must be eligible to work in the U.S. without Sponsorship.

#LI-CB1

About CareFirst BlueCross BlueShield

CareFirst BlueCross BlueShield is a regional health insurance company that serves over 3.4 million members in Maryland, the District of Columbia, and Northern Virginia. It is a nonprofit organization and the largest health insurer in the Mid-Atlantic region. The company offers a variety of health insurance plans, including individual and family plans, Medicare plans, and employer-sponsored plans.
Learn more about CareFirst BlueCross BlueShield
Size
5,000 employees
Industry

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