Manager Budgets & Finance

Health Care Service Corporation; Chicago (IL); On-site; USD 102,000 - 184,000; Full time

Job summary

Health Care Service Corporation (HCSC) is seeking a Senior Financial Analyst to drive budgeting, forecasting, and strategic decision support for IT and CS leadership. You will build financial models, dashboards, and management reports to enhance transparency and accountable performance across the organization.

The role partners with business leaders to develop ROI analyses, vendor governance, and scenario planning, delivering accurate close packages and insights while upholding HIPAA and

Qualifications

• Bachelor degree in Accounting, Business, Economics or Finance with 6 years within corporate accounting/financial area.
• Minimum 4 years leading teams; strong communication and business acumen.
• Knowledge of ROI, NPV, EVA, RBC valuation techniques.
• Knowledge of financial/resource modeling.
• 2 years planning and budget experience.
• Proficiency in Word, Excel, PowerPoint and Outlook.

Responsibilities

• Provide strategic financial analysis, reporting, forecasting, and decision-support recommendations to IT and CS leadership.
• Develop financial transparency through dashboards and management presentations.
• Forecast labor and non-labor utilization to meet spending and chargeback targets.
• Prepare monthly financial reporting packages, ad hoc analyses, and financial close activities.
• Support executive decision-making with ROI analyses, scenario planning and business case development.
• Uphold HIPAA and corporate compliance, safeguard confidential information.

Skills

Financial analysis

Forecasting

Management reporting

Dashboards

Vendor governance

Communication

Education

Bachelor Degree in Accounting, Business, Economics or Finance

Tools

Oracle

SmartView

Job description

At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers. Join HCSC and be part of a purpose-driven company that will invest in your professional development.

Job Summary

Provide strategic financial analysis, reporting, forecasting, and decision-support recommendations to IT and CS leadership to drive business objectives, financial accountability, and operational efficiency. Partner closely with business leaders to develop financial transparency through clear, actionable reporting, dashboards, and management presentations, while forecasting labor and non-labor utilization to meet spending and chargeback targets. Support executive decision-making by gathering business requirements and translating them into financial models, operational metrics, and reporting solutions. Conduct scenario planning, what-if analysis, business case development, ROI evaluations, and vendor governance activities to support investments, procurement initiatives, and RFP processes. Collaborate across Finance, Procurement, and business teams to enhance Total Cost of Ownership (TCO) analysis, cost transparency, and financial performance management. Prepare monthly financial reporting packages, ad hoc analyses, and financial close activities while ensuring data accuracy and integrity. Leverage internal and external data sources to deliver business intelligence, generate strategic insights, and influence key decisions through effective communication and presentation. Maintain strong relationships with leadership and stakeholders, uphold HIPAA and corporate compliance requirements, safeguard confidential information, and support special projects and organizational initiatives as needed.

Job Requirements

• Bachelor Degree in Accounting, Business, Economics or Finance with 6 years experience in a corporate accounting and/or financial area or 9 years experience in a corporate accounting and/or financial area.
• Minimum 4 years demonstrated experience in leading/supervising teams Strategically oriented; conflict resolution skills; effective interpersonal, verbal and written communication skills; and excellent financial and business acumen skills.
• Knowledge with investment valuation techniques including ROI, NPV, EVA, RBC.
• Knowledge of financial and/or resource modeling.
• Clear and concise verbal and written communication with demonstrated ability to present to large groups.
• 2 Years planning and budget experience.
• PC proficiency to include Word, Excel, PowerPoint and Outlook.

Preferred Job Requirements

• Experience managing direct reports.
• Experience with Oracle and SmartView are welcome.
• Financial experience in areas relevant to assigned HCSC divisions such as Information Technology, Customer Service, Call Centers (inquiries), Claims Processing, Information Management, etc.
• Experience with project and portfolio accounting.

Pay Transparency Statement

At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards. The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan. Flex employees are expected to be in the office a minimum of three days a week. Management will have discretion to modify an employee's weekly schedule for exigent circumstances.

Equal Opportunity and Accommodations

We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics. We are a drug-free and smoke-free workplace. Employment may be contingent upon successful completion of drug screening in accordance with applicable law. If you are an individual with a disability or a disabled veteran and need an accommodation or assistance in either using the Careers website or completing the application process, you can call us at 1-866-977-7378 to request reasonable accommodations. Please note that only requests for accommodations in the application process will be returned. All applications, including resumes, must be submitted through HCSC's Career website on-line application process. If you have general questions regarding the status of an existing application, navigate to "candidate home" to view your job submissions.

Base Pay Range

Base Pay Range $102,000.00 - $184,300.00 Exact compensation may vary based on skills, experience, and location.

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Background and Commitment

For more than 80 years, HCSC has been dedicated to expanding access to high-quality, cost-effective health care and equipping our members with information and tools to make the best health care decisions for themselves and their families. As an industry leader, HCSC also has been helping to make the health care system work better for all Americans. To remain a leader, we offer compelling careers that encourage resourcefulness, strategic thought and empower you to make a difference in the lives of our members and their communities. Today, with the industry at an important crossroad, HCSC is reimagining health care and looking for original thinkers who aren’t afraid to make innovative contributions. We are an Equal Opportunity Employment employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Learn more about HCSC, our commitment to our members and the opportunity you’ll have to improve health care delivery in an open, collaborative environment. HCSC is committed to diversity in the workplace and to providing equal opportunity to employees and applicants.

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Blue Cross and Blue Shield of Illinois, Blue Cross and Blue Shield of Montana, Blue Cross and Blue Shield of New Mexico, Blue Cross and Blue Shield of Oklahoma, and Blue Cross and Blue Shield of Texas, Divisions of Health Care Service Corporation, a Mutual Legal Reserve Company, and Independent Licensee of the Blue Cross and Blue Shield Association © Copyright 2025 Health Care Service Corporation. All Rights Reserved.