Cost Accounting Manager (Hybrid)

CareFirst BlueCross BlueShield; Baltimore (MD); Hybrid; USD 121,000 - 224,000; Full time

Benefits offered by this job

Benefits package

401(k) plan

Job summary

CareFirst BlueCross BlueShield in Baltimore is seeking an experienced accounting leader to manage the close process and financial analysis for the organization and its affiliates.

The role requires directing journal entries, ensuring internal controls, and presenting performance analyses to senior management. The position supports audit activities and fosters continuous process improvements in a hybrid work setting.

Qualifications

• Bachelor's degree in Accounting, Finance, or Business.
• 5 years accounting or auditing experience.
• 1 year supervisory experience.

Responsibilities

• Direct the monthly close process and journal entries.
• Prepare analysis of financial performance for Senior Management.
• Manage departmental staff and budget.
• Provide subject matter expertise for corporate initiatives.
• Identify opportunities for process improvements within the department.

Skills

GAAP knowledge

Analytical skills

Communication skills

Microsoft Office

Education

Bachelor's degree in Accounting/Finance/Business

Tools

Microsoft Excel

Job description

Purpose

This position provides management and direction within the Accounting Department and oversees the accounting close process and financial analysis function for certain accounting functions for the organization and its affiliates. This position maintains a controlled environment for account analyses and reconciliation of balance sheet accounts. This position supports various audit activities by working closely with internal, external, and regulatory auditors. We are looking for an experienced professional in the greater Baltimore metropolitan area who is willing and able to work in a hybrid model. The incumbent will be expected to work a portion of their week from home and a portion of their week at a CareFirst location based on business needs and work activities/deliverables that week.

Resp & Qualifications

This position provides management and direction within the Accounting Department and oversees the accounting close process and financial analysis function for certain accounting functions for the organization and its affiliates. This position maintains a controlled environment for account analyses and reconciliation of balance sheet accounts. This position supports various audit activities by working closely with internal, external, and regulatory auditors. We are looking for an experienced professional in the greater Baltimore metropolitan area who is willing and able to work in a hybrid model. The incumbent will be expected to work a portion of their week from home and a portion of their week at a CareFirst location based on business needs and work activities/deliverables that week.

Essential Functions

• Direct the effective and timely monthly accounting close process, including the preparation and review of journal entries. Establish and ensure compliance with the monthly close timeline. Establish accounting processes to support unique business arrangements and contractual agreements. Coordinate development and implementation of internal accounting controls, analytical tools and reports, and systems and process enhancements supporting financial management of the company. Direct the investigation and assist in the resolution of any unusual trends or potential issues to assure data integrity and identify business issues, as appropriate. Monitor and review balance sheet account analyses to identify potential issues and to ensure financial data integrity and timely completion.
• Prepare and present analysis required to support financial performance to Senior Management with emphasis on actual versus plan/target results. Direct research and analysis in response to special projects and ad-hoc requests related to the organizations financial performance, including analysis of individual company results and product segment income, expense and care results and trends. Communicate findings to management through concise written and oral presentations.
• Manage departmental staff through goal setting, guidance, support, coaching, and feedback consistent with corporate HR policies and practices. Prioritizes and assigns goals and projects; resolves employee issues and provides developmental opportunities. Produce and manage departmental budget.
• Provide subject matter expertise in support of corporate initiatives and other special projects.
• Identify opportunities and help drive continuous process improvements and innovation within the department.

Supervisory Responsibility

This position manages people.

Qualifications

Education Level: Bachelor's Degree in Accounting, Finance, Business or relevant field 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 Preferred

• Certified Public Accountant (CPA).

Experience

• 5 years progressively responsible accounting/auditing experience.
• 1-year supervisory experience or demonstrated progressive leadership.

Knowledge, Skills And Abilities (KSAs)

• Excellent written and oral communication skills to present issues and conclusions to a diverse audience.
• Ability to recognize, analyze, and solve a variety of problems.
• Ability to analyze, consolidate, and interpret accounting data.
• Highly proficient in Microsoft Office programs.
• Advanced analytical and financial modeling skills, with exceptional in-depth knowledge of Generally Accepted Accounting Principles (GAAP).
• Multi-tasking ability essential to handle multiple priorities and adjust to changing priorities and requirements in a rapidly evolving organization.
• Demonstrated expertise in accounting and financial operations, internal accounting controls, and an understanding of business and key performance measures.
• 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

$120,640 - $223,938

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).

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.

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