Manager Budgets & Finance

HCSC; Chicago (IL); On-site; USD 102,000 - 184,300; Full time

Job summary

HCSC seeks a strategic financial analyst to deliver planning, forecasting, and decision-support to IT and CS leadership. You will build financial models, dashboards, and management presentations to drive transparency, accountability, and optimal resource utilization while maintaining data integrity and compliance.

Across Finance, Procurement, and business units, you will enhance Total Cost of Ownership analysis and support investments, vendor governance, and RFP processes.

Qualifications

• Required degree in business, accounting, economics or finance with 6 years in corporate accounting or 9 years in corporate finance.
• Minimum 4 years leading/supervising teams.
• Strong communication, interpersonal, and analytical skills.
• Knowledge of ROI, NPV, EVA, and RBC investment valuation.

Responsibilities

• Provide strategic financial analysis, reporting, forecasting, and decision-support to IT and CS leadership.
• Develop financial models, dashboards, and management presentations to drive transparency.
• Forecast labor and non-labor utilization to meet spend targets.
• Support executive decision-making with what-if analyses, ROI evaluations, and vendor governance.
• Collaborate with Finance, Procurement, and business teams to enhance cost transparency and performance.

Skills

Leadership experience

Communication skills

Financial analysis

Financial modeling

ROI/NPV/EVA

Budgeting experience

Microsoft Office (Word/Excel/PowerPoi​

Education

Bachelor degree in Accounting, Business, Economics or Finance

Tools

Lotus Notes

Microsoft Office Suite

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 Lotus Notes.

Preferred Job Requirements

• Experience managing direct reports
• 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
• Ability to travel including overnight stays, once or twice a year
• Experience with financial management of IT Equipment/Software

This is a flex (hybrid) role, 3 days in office, 2 days work from home

#LI-PD1

#LI-Hybrid

Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!

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.

HCSC Employment Statement

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.

Base Pay Range

$102,000.00 - $184,300.00

Exact compensation may vary based on skills, experience, and location.

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.

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

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