Financial Analyst- Accountant

Blue Cross Blue Shield of Michigan; Detroit (MI); On-site; USD 60,000 - 80,000; Full time

Job summary

Blue Cross Blue Shield of Michigan is seeking a financial professional to turn data into actionable insights. In this role, you will reconcile accounts, prepare reports, monitor revenue and expenses, and support budgets, audits and regulatory reporting.

You will work with teams across the organization to tell a clear financial story, prepare financial information for management and external parties, and ensure accuracy and compliance with GAAP using tools like Excel and PeopleSoft.

Qualifications

• Bachelor's degree in Accounting, Finance or related field.
• 2–4 years of experience in a related field.
• Strong analytical, organizational and problem solving skills.
• Good verbal and written communication skills.
• Ability to work under deadlines.

Responsibilities

• Prepare financial information and review for accuracy and completeness.
• Performs detailed analysis when necessary.
• Contribute to account reconciliations, impact studies, audit findings, budgets and business cases.
• Assist with preparation of various financial or regulatory reports for management and external parties.
• Prepare financial reporting for a division or segment linking financial information from various sources.
• Process financial transactions including journal entries and invoices; develop desk-level procedures.
• Interface with departments and respond to ad hoc requests.
• Perform other assignments or duties as directed by management.

Skills

Analytical thinking

Attention to detail

Communication skills

Time management

Education

Bachelor's degree in Accounting, Finance or related field

Tools

Excel

Word

PeopleSoft

Mainframe systems

Job description

Turn numbers into insights that drive business decisions at Blue Cross Blue Shield of Michigan. In this role, you’ll work with teams across the organization to explore financial results, monitor revenue and expenses, and bring together data to tell a clear financial story. Your work will include reconciling accounts, preparing reports and supporting budgets, audits and regulatory reporting. If you enjoy making sense of numbers and collaborating with others, we’d love to hear from you.

• Prepares financial information and reviews for accuracy and completeness.
• Performs detailed analysis when necessary.
• Other deliverables may include account reconciliations, impact studies, audit findings, budgets and business cases.
• Assists with the preparation of various financial or regulatory reports and/or statements for management and/or parties external to BCBSM (e.g., auditors, customers, providers, BCBSA, FEP, OFIS, etc).
• Prepares financial reporting for a division, customer or segment that may include linking financial information from various sources to provide meaningful financial reports or to assure appropriate data reconciliation.
• Financial data may include financial statements detail, corporate, division and cost center BPR information, cost allocation information, general ledger transaction activity, settlement activity, membership, billing and revenue activity.
• May process financial transactions including journal entries, invoices, cost allocations, etc. Assists with drafting of policies and develops desk level procedures for the department to help assure clarity in department practices and adequate internal controls.
• Interfaces with various departments, management and individuals' external to BCBSM. Responds to adhoc requests and inquiries.
• Performs other assignments, duties or functions as assigned by management.

Qualifications

• Bachelor's Degree in Accounting, Finance or related field required.
• Two (2) to four (4) years experience in related field.
• Strong analytical, organizational and problem solving skills.
• Good verbal and written communication skills.
• Ability to work under general supervision in an environment where there are certain deadlines.
• Proficient in current industry standard PC applications and systems (e.g., Excel, Word, etc.).
• Working knowledge of PeopleSoft general ledger and mainframe systems.
• General knowledge of Generally Accepted Accounting Principles (GAAP).
• Other related skills and/or abilities may be required to perform this job.

All qualified applicants will receive consideration for employment without regard to, among other grounds, race, color, religion, sex, national origin, sexual orientation, age, gender identity, protected veteran status or status as an individual with a disability.