Financial Analyst- Accountant

Blue Cross Blue Shield of Michigan; Detroit (MI); On-site; USD 65,000 - 95,000; Full time

Job summary

Blue Cross Blue Shield of Michigan is seeking a financial analyst to transform numbers into actionable insights for business decisions in Detroit. You’ll reconcile accounts, prepare reports, and support budgets, audits and regulatory reporting across teams.

The role emphasizes accuracy, communication, and linking data from diverse sources into clear financial narratives. Based in Detroit, you’ll collaborate with stakeholders to deliver meaningful financial stories that inform planning and

Qualifications

• Bachelor’s degree in accounting, finance or a related field is required.
• 2–4 years of experience in a similar role or related field.
• Strong analytical, organizational and problem-solving abilities.
• Excellent verbal and written communication skills.
• Ability to work under general supervision and meet deadlines.
• Proficient with PC applications (Excel, Word) and relevant financial systems (e.g., PeopleSoft).
• Working knowledge of GAAP is desirable.

Responsibilities

• Turn financial data into actionable insights for business decisions.
• Prepare financial information and ensure accuracy of reports.
• Support budgets, audits and regulatory reporting.
• Reconcile accounts and perform detailed analyses as needed.
• Collaborate with multiple departments and respond to ad-hoc requests.
• Assist with drafting policies and maintaining internal controls.

Skills

Analytical thinking

Organizational skills

Problem solving

Communication skills

Deadline-driven

Excel proficiency

Word proficiency

PeopleSoft

Mainframe knowledge

GAAP knowledge

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.