Lead Financial Analyst - Washington, United States - CareFirst BlueCross BlueShield

CareFirst BlueCross BlueShield Washington, United States

3 weeks ago

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. Recommends, implements and documents changes to accounting workflow and controls when appropriate. Ensuring proper cost allocations in accordance with the Patient Protection and Affordable Care Act (ACA) Medical Loss Ratio (MLR) tracking and reporting requirements.

+ 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.

+ Assists in the evaluation and recommendation of accounting software applications (i.e., cost accounting, time reporting, etc.) 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, Business Administration, Finance, related field or equivalent 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.

**Licenses/Certifications Upon Hire Preferred:**

+ Certified Public Accountant (CPA)

**Experience:** 8 years demonstrated progressively responsible work experience in finance accounting or quantitative analysis.

**Preferred Qualifications:**

+ Strong knowledge of CareFirst organization and financial systems and processes.

+ Government and Medicare contracting knowledge (FAR); in-depth knowledge of GAAP and STAT accounting rules.

+ CPA licensure and/or MBA.

+ Expertise in cost accounting allocations and methodologies; and working knowledge of Cost Accounting Standards (CAS); and experience with Oracle Financial and Hyperion applications.

**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.

+ Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers, within set expectations for service excellence. Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging.

**Salary Range:** $75,960 - $150,865

**Salary Range Disclaimer**

Actual salary will be based on relevant job experience and work history.

**Department**

Financial Reporting, Planning

**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.

**Where To Apply**

Please visit our website to apply:

**Federal Disc/Physical Demand**

Note: The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on Federal health care programs.

**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-KT1

REQNUMBER: 19629

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