Senior Financial Analyst

Blue Cross and Blue Shield of North Carolina; Durham (CA); Hybrid; USD 89,000 - 143,000; Full time

Benefits offered by this job

Hybrid work model

Medical, dental, and vision coverage

Parental leave and surrogacy support

401k match

Job summary

Blue Cross NC is seeking a senior financial analyst to own the most complex financial reporting, forecasting, and analysis. You will coordinate multi-project initiatives, develop financial plans, and guide corporate accounting practices with insight into health care costs and trends.

The role requires 5+ years of related experience (or 7+ years without a degree) and advanced Excel skills; Workday experience is a plus.

Qualifications

• Bachelor’s degree or advanced degree in a related field.
• 5+ years of experience in financial reporting, analysis and forecasting.
• In lieu of degree, 7+ years of related experience.

Responsibilities

• Develop, analyze, and present complex financial forecasts, budgets, plans, and historical performance to support business decision-making.
• Analyze financial performance, expenses, profitability, rate of return, and other key business trends to identify risks and opportunities.
• Lead budgeting and forecasting activities for assigned business units, incorporating historical results, projected revenue, expenses, and business assumptions.
• Perform complex monthly variance analysis, identifying key drivers and providing insights and recommendations to business leaders.
• Prepare accurate monthly, quarterly, and annual financial reports and analyses for senior leadership, executive teams, and other key stakeholders.
• Partner with business leaders as a financial advisor, providing guidance on financial performance, forecasts, policies, and strategic initiatives.
• Support financial analysis for new products, corporate initiatives, and projects, including profitability and competitive impact assessments.
• Identify opportunities to streamline financial processes, improve reporting, and increase operational efficiency.
• Provide guidance, problem-solving support, and knowledge sharing to other financial analysts.

Skills

Financial analysis

Forecasting

Budgeting

Workday experience

Education

Bachelor’s degree or advanced degree

7+ years of related experience in lieu of degree

Tools

Workday Financial Management

Job description

Job Description

Responsible for the most complex financial reporting, analysis and forecasting including the preparation of financial reports and operating trends as well as research. Coordinate and or participate in several complex projects relating to the financial statement preparation and analysis development as well as implement improvements. Responsible for preparing and documenting complex financial plans, policies and accounting practices. Responsible for developing, utilizing, interpreting, and/or reporting complex corporate financial data as it relates to historical reporting, forecasting and/or estimating the future trends in health care costs.

WhatYou’llDo

• Develop, analyze, and present complex financial forecasts, budgets, plans, and historical performance to support business decision-making.

• Analyze financial performance, expenses, profitability, rate of return, and other key business trends to identify risks and opportunities.

• Lead budgeting and forecasting activities for assigned business units, incorporating historical results, projected revenue, expenses, and business assumptions.

• Perform complex monthly variance analysis, identifying key drivers and providing insights and recommendations to business leaders.

• Prepare accurate monthly, quarterly, and annual financial reports and analyses for senior leadership, executive teams, and other key stakeholders.

• Partner with business leaders as a financial advisor, providing guidance on financial performance, forecasts, policies, and strategic initiatives.

• Support financial analysis for new products, corporate initiatives, and projects, including profitability and competitive impact assessments.

• Identify opportunities to streamline financial processes, improve reporting, and increase operational efficiency.

• Provide guidance, problem‑solving support, and knowledge sharing to other financial analysts.

What You Bring

• Bachelor’s degree or advanced degree (where required)

• 5+ years of experience in related field.

• In lieu of degree, 7+ years of experience in related field.

Bonus Points

• Strong attention to detail, with a focus on accuracy and quality in financial analysis and reporting.

• Advanced Microsoft Excel skills, including experience with VLOOKUP/XLOOKUP, PivotTables, formulas, and financial data analysis.

• Experience working with Workday Financial Management or a similar financial system is a plus.

WhatYou’llGet

• The opportunity to work at thecutting edgeof health care delivery with a teamthat’sdeeply invested in the community

• Work-life balance, flexibility, and the autonomy to dogreat work

• Medical, dental, and vision coverage along withnumeroushealth and wellness programs

• Parental leave and support plus adoption and surrogacyassistance

• Career development programs and tuition reimbursement for continued education

• 401k match including an annual company contribution

• Learn more

Where You’ll Work

Our Hybrid Flex approach is built on presence with a purpose – giving you flexibility to work remotely with intentional in‑person connection – that supports a workplace that’s flexible, connected, and future focused.

In a Hybrid‑Flex role, you’ll work in the office at least two days a week for collaboration and connection. In a Remote Flex role, you’ll work virtually, with a few in‑office visits each year for meaningful moments that matter.

Whether your role is Hybrid Flex or Remote Flex depends on the nature of the work and distance from our Durham headquarters. We welcome candidates from outside the local area and in any states listed on this job posting. Onsite expectations will be discussed during the interview process.

Salary Range

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market‑price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications and other business and organizational needs.Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs.

*Based on annual corporate goal achievement and individual performance.

$89,174.00 - $142,679.00

Skills