Financial Analyst

Blue Cross of Idaho; Meridian (ID); Hybrid; USD 66,000 - 93,000; Full time

Benefits offered by this job

PTO

Paid holidays

Health insurance

401(k) matching

Life insurance

Disability (short/long-term)

Education reimbursement

Employee assistance plan (EAP)

Adoption assistance

Paid family leave

Job summary

Blue Cross of Idaho in Meridian, Idaho is seeking a Financial Analyst II to support budgeting, forecasting, and financial analysis for VP and Director levels. The role is part of FP&A and includes project financial reporting and analysis, with a hybrid work schedule.

The candidate should have at least 3 years in finance, a bachelor's degree, strong Excel/PowerPoint skills, and the ability to communicate financial concepts clearly to non-finance audiences.

Qualifications

• Minimum of 3 years of finance, budgeting, or related business experience.
• Bachelor’s Degree or equivalent work experience.
• Excellent communication and relationship-building skills, with the ability to work effectively with leaders at all levels.
• Experience with budgeting, forecasting, and expense variance analysis.
• Ability to explain financial concepts simply to non-finance audiences.
• Strong Microsoft Excel and PowerPoint skills, with a high level of organization and attention to detail.
• Ability to work independently and prioritize responsibilities under the pressure of competing deadlines.

Responsibilities

• Budgeting, forecasting, and analysis: build, monitor, and manage administrative expense budgets with leaders across the organization.
• Support annual budget and quarterly forecast processes, establishing forecasts based on trends and input.
• Monitor actual results against budget/forecast, perform variance analysis, and work with leaders to drive performance improvements.
• Identify risks, opportunities, and trends; recommend financial actions aligned with organizational goals.
• Project financial support: monthly project financial reporting and cost-benefit analyses with project managers.
• Communicate: prepare clear summaries and presentations turning results into actionable insights; maintain discretion with confidential information.
• Continuously improve FP&A processes, tools, and templates; perform other duties as assigned.

Skills

Budgeting

Forecasting

Variance analysis

Communication

Excel

PowerPoint

Independent work

Education

Bachelor's Degree or equivalent work experience

Tools

Workday Adaptive Planning

Job description

Blue Cross of Idaho (BCI) is seeking a Financial Analyst II to provide budgeting, forecasting, and financial analysis support to vice presidents and directors across the organization. This role is part of our Financial Planning & Analysis (FP&A) team, which leads the annual budget and quarterly forecasting processes and helps leaders understand and manage their budgets. You’ll work closely with leaders, turn financial information into clear, practical insights, and help them make informed decisions. This role also supports project financial reporting and analysis.

This role reports to the Manager, Finance and is located in Meridian, Idaho. A hybrid work schedule is supported.

To be considered for this opportunity, you have the following:

Experience:

Minimum of 3 years of finance, budgeting, or related business experience

Education:

Bachelor’s Degree or equivalent work experience (Two years’ relevant work experience is equivalent to one-year college)

To Be Successful In This Role, You Also Have

• Excellent communication and relationship-building skills, with the ability to work effectively with leaders at all levels
• Experience with budgeting, forecasting, and expense variance analysis
• Ability to explain financial concepts simply to non-finance audiences
• Strong Microsoft Excel and PowerPoint skills, with a high level of organization and attention to detail
• Ability to work independently and prioritize responsibilities under the pressure of competing deadlines

We’d Also Love It If You Have

• Workday Adaptive Planning experience
• Health insurance industry experience
• Experience with project financial reporting or cost-benefit analysis
• Comfort working in a changing environment and helping shape new processes
• Desire to master new ERP and planning systems

Here’s What Your Day May Look Like

Budgeting, forecasting, and analysis

• Work with assigned vice presidents and directors to build, monitor, and manage their administrative expense budgets
• Support the annual budget and quarterly forecast processes for your area, establishing forecasts based on trends, plans, and business input
• Monitor actual results against budget and forecast, perform variance analysis, and work with leaders to develop actions that improve performance
• Proactively identify risks, opportunities, and trends, and recommend financial actions aligned with organizational goals

Project financial support

• Support monthly project financial reporting, including tracking spending against budget and forecast
• Review project cost-benefit analyses and work with project managers on financial inputs

Communication and continuous improvement

• Prepare clear, concise summaries and presentations that turn financial results into insights and action
• Exercise good judgment and discretion with sensitive or confidential information
• Continuously improve FP&A processes, tools, and templates
• Perform other duties and responsibilities as assigned

As of the date of this posting, a good faith estimate of the current pay range is $66,353 - $92,894. The position is eligible for an annual incentive bonus (variable depending on company and employee performance).

The pay range for this position takes into account a wide range of factors including, but not limited to, specific competencies, relevant education, qualifications, certifications, relevant experience, skills, seniority, performance, travel requirements, internal equity, business or organizational needs, and alignment with market data. At Blue Cross of Idaho, it is not typical for an individual to be hired at or near the top range for the position. Compensation decisions are dependent on factors and circumstances at the time of offer.

We offer a robust package of benefits including paid time off, paid holidays, community service and self-care days, medical/dental/vision/pharmacy insurance, 401(k) matching and non-contributory plan, life insurance, short and long term disability, education reimbursement, employee assistance plan (EAP), adoption assistance program and paid family leave program.

We will adhere to all relevant state and local laws concerning employee leave benefits, in line with our plans and policies.

Applicants must be legally authorized to work in the United States at the time of application and throughout employment. The company does not provide employment-based visa sponsorship for this position

Reasonable accommodations

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.