Senior EIT Budget Analyst

BlueCross BlueShield of Tennessee, Inc.; Chattanooga (TN); Remote; USD 90,000 - 130,000; Full time

Job summary

BlueCross BlueShield of Tennessee, Inc. is seeking a Sr. EIT Budget Analyst to join the Enterprise Information Technology Finance team. You will manage EIT’s budget, prepare analyses, and translate technology financial details into actionable insights for managers and leadership.

You will collaborate with EIT managers, interpret contracts, and support annual planning while using Excel and multiple budgeting systems to drive informed decisions across the IT organization.

Qualifications

• Accounting or finance degree required.
• Strong budgeting and financial analysis skills.
• Experience interpreting contracts and their budget impact.
• Proven ability to analyze complex data and present insights.

Responsibilities

• Oversees program/project level cost accounting and budget visibility.
• Supports annual budgeting and reforecasts spend monthly.
• Manages contract coordination and renewals tracking.
• Ensures accuracy of journal entries and accruals by staff.
• Prepares complex financial reports for EIT leadership.
• Communicates findings effectively to EIT and BCBST leadership.

Skills

Budgeting

Budget analysis

Excel

Financial reporting

Contract review

Data analysis

ERP systems

Cross-functional collaboration

Workday

PeopleSoft

TM1

Education

Bachelor's degree in Accounting or Finance

Tools

Workday

PeopleSoft

TM1

Job description

We are hiring a Sr. EIT Budget Analyst to join our Enterprise Information Technology Finance team at BlueCross BlueShield of Tennessee! In this role, you will help manage EIT’s overall budget, including budget preparation, analysis, reporting, loading, and annual planning, while partnering closely with EIT managers and leadership. You’ll use your accounting and budgeting knowledge to interpret technology contracts, understand renewal and invoice impacts, and help managers understand how technology purchases and expenses affect their budgets. You will also work with data from multiple financial and budgeting systems, using Excel to analyze information and translate complex financial and technology details into clear, actionable insights that support informed decision-making across EIT.

Job Responsibilities

• Oversees accurate and timely program/project level cost accounting by defining processes that enable visibility of project financial health.
• Supports the annual budgeting and training processes, reforecasts EIT divisional spend monthly, and develops asset/capital management processes to adhere to accounting guidelines.
• Supports Oversight of EIT Contracts coordination and tracking for timely renewals and variance to EIT budget.
• Ensures accuracy of EIT divisional monthly journal entries/accruals prepared by junior staff and supports the invoice review, approval, and tracking processes.
• Oversees the preparation of complex financial reports that are presented to the EIT leadership team.
• Effective communication with multiple levels of the EIT and BCBST organization.

Job Qualifications

• Accounting and budgeting knowledge with experience analyzing financial data.
• Experience reviewing or interpreting contracts and understanding their financial and budget impacts.
• Strong analytical skills and attention to detail, with the ability to dig into complex data and summarize findings for managers and executive leadership.
• Experience with Excel and working with data from multiple systems.
• The ability to work directly with business and technology leaders and translate financial and technical information into meaningful, actionable insights.
• Prior experience supporting IT or technology-related budgets and contracts.
• Experience with large ERP systems such as Workday, PeopleSoft, and/or other comparable systems.
• Experience with procurement, contracting, and budget planning systems, such as TM1 or similar tools.
• Understanding of technology expenses, including the distinction between capital purchases and maintenance expenses.
• Experience working with contract renewals, invoices, requisitions, or related financial processes.
• Comfort learning and navigating new financial and technology systems.

Note: This is a remote, work-from-home position, but the final round of interviews will take place on-site in our Chattanooga, TN office. Sponsorship is not available for this role.

Job Details

Number of Openings Available: 1

Worker Type: Employee

Company: BCBST BlueCross BlueShield of Tennessee, Inc.

BCBST will recruit, hire, train and promote individuals in all job classifications without regard to race, religion, color, age, sex, national origin, citizenship, pregnancy, veteran status, sexual orientation, physical or mental disability, gender identity, or any other characteristic protected by applicable law. Further information regarding BCBST's EEO Policies/Notices may be found by reviewing the following page: BCBST's EEO Policies/Notices BlueCross BlueShield of Tennessee is not accepting unsolicited assistance from search firms for this employment opportunity. All resumes submitted by search firms to any employee at BlueCross BlueShield of Tennessee via-email, the Internet or any other method without a valid, written Direct Placement Agreement in place for this position from BlueCross BlueShield of Tennessee HR/Talent Acquisition will not be considered. No fee will be paid in the event the applicant is hired by BlueCross BlueShield of Tennessee as a result of the referral or through other means.

As Tennessee's largest health benefit plan company, we've been helping Tennesseans find their own unique paths to good health since 1945. More than that, we're your neighbors and friends – fellow Tennesseans with deep roots of caring tradition, a focused approach to physical, financial and community good health for today, and a bright outlook for an even healthier tomorrow.

At BCBST, we empower our employees to thrive both independently and collaboratively, creating a collective impact on the lives of our members.

We seek talented individuals who excel in a team environment, share responsibility, and embrace accountability.

We're also seeking candidates who are proficient in the Microsoft Office suite, including Microsoft Teams, organized, and capable of managing multiple assignments or projects simultaneously.

Additional, strong interpersonal abilities along with strong oral and written communication skills are important across all roles at BCBST.

We foster a culture where innovation is encouraged. That includes using AI enabled tools responsibly to support everyday work — guided by proven workflows, templates, and policies.

As roles become more advanced, we expect employees to leverage AI more broadly to transform how we serve members.

BCBST is a remote-first organization with many employees working primarily from their homes. Each position within the company is classified as either fully remote, partially remote, or office based.

BCBST hires employees for remote positions from across the U.S. with the exception of the following states: California, Massachusetts, New Hampshire, New Jersey, and New York. Applicants living in these states may move to an approved state prior to starting a position with BCBST at their own expense.

If the position requires the individual to reside in Chattanooga, TN, they may be eligible for relocation assistance.