Finance Operations Analyst

bcbsla; Baton Rouge (LA); On-site; USD 52,000 - 76,000; Full time

Job summary

BCBSLA in Louisiana is seeking a Finance Operations professional to support commission and incentive payments, cash management, and data reporting. The role emphasizes accurate data processing, journal entries, banking activity, and preparing audits and management reports.

You will collaborate across teams to resolve system issues, participate in testing, and assist with process improvements to enhance customer experience. A bachelor’s degree and 2 years of experience are required.

Qualifications

• Bachelor's degree in finance, accounting, business administration, or education is required.
• Strong analytical and numerical abilities with data interpretation.
• Excellent written and verbal communication and teamwork skills.
• Proficiency in Microsoft Excel and ability to manage data accurately.

Responsibilities

• Manage commission system operations: data entry, file loading, validation, and payment verification.
• Handle cash management: post journal entries, monitor banking activity, and reconcile reports.
• Research, troubleshoot, and resolve system issues with internal teams and customers.
• Gather data for audits and prepare daily cash position reports for management.
• Assist with system testing and process improvement initiatives.
• Support ad hoc projects to enhance processes and customer experience.
• Ensure tasks are completed accurately and timely with focus on service quality.

Skills

Analytical skills

Mathematical aptitude

Communication skills

Excel proficiency

Education

Bachelor's degree in finance, accounting, business administration, or education

Tools

Microsoft Excel

Job description

We take great strides to ensure our employees have the resources to live well, be healthy, continue learning, develop skills, grow professionally and serve our local communities. We invite you to apply for a career with us.

Residency in or relocation to Louisiana is preferred for all positions.

Job Summary/Position Purpose:

This role supports the daily functioning of various aspects of financial operations including but not limited to the accurate calculation and processing of commission and sales incentive payments, daily management of cash in all bank and investment accounts, forecasting cash flows, data analysis, response to research inquiries, testing system/process enhancements, gathering data for audit requests, and first tier research to support business operations.

How You Contribute to the Company's Mission in this Role:

• Commission System Operations: Manage daily system activities including data entry, file loading, validation review, payment verification, and related tasks. Provide first-tier support for commission calculation inquiries from internal and external stakeholders via email or phone.


• Cash Management & Accounting: Prepare and post journal entries for deposits. Initiate and monitor banking activity, including electronic transactions, ensuring timely posting, reconciliation, and recording. Maintain daily cash deposit reconciliation reports to support monthly general ledger reporting. Perform daily FEP drawdowns and monitor related cash accounts to maintain appropriate balances.


• Issue Resolution & Collaboration: Research, troubleshoot, and resolve system-related issues in collaboration with internal teams and external customers. Escalate complex issues promptly and appropriately.


• Data Management & Reporting: Gather and prepare data for audits, reporting, and compliance requirements. Compile and distribute daily cash position reports summarizing deposits, disbursements, and account balances for management review.


• System Testing & Process Improvement: Support testing of system/process updates and enhancements.


• Project Support: Assist with ad hoc projects and initiatives to improve processes, procedures, and customer experience.


• General Responsibilities: Ensure timely and accurate completion of all assigned tasks with emphasis on superior customer experience.

Required Qualifications:

• Bachelor's degree in finance, accounting, business administration, or education required


• 2 years' experience in banking, finance, forecasting, payroll or strategic planning required


• Strong analytical and mathematical aptitude with the ability to interpret data, identify trends, and support informed decision-making.


• Excellent communication (verbal and written), organizational, time management, and interpersonal skills, with the ability to effectively collaborate across teams and stakeholders.


• Ability to work accurately under tight deadlines and shifting priorities.


• Proficient in Microsoft Office applications, with advanced Excel skills.


• Adaptable to changing circumstances and new information.


• Collaborative team player with strong problem-solving capabilities. Committed to maintaining confidentiality of sensitive and financial information.

Preferred Qualifications:

• Experience in the health insurance industry is preferred


• Relevant internship or coursework in compensation, finance, payroll, or data analysis is preferred

The Physical Demands described here are representative of those that must be met by an employee to successfully perform the Accountabilities and Essential Functions of the job. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential functions.

Perform other job-related duties as assigned, within your scope of responsibilities.

Job duties are performed in a normal and clean office environment with normal noise levels.

Work is predominately done while standing or sitting.

The ability to comprehend, document, calculate, visualize, and analyze are required.

An Equal Opportunity Employer

In support of our mission to improve the health and lives of Louisianians, we encourage the good health of its employees and visitors. We want to ensure that our employees have a work environment that will optimize personal health and well-being. Due to the acknowledged hazar