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SENIOR FINANCIAL ANALYST

Location Durham, North Carolina, United States of America Category Finance &
Actuary Posted Date: 08/21/2023 Job Id RQ0013707


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JOB DESCRIPTION


ADDITIONAL LOCATIONS:






JOB DESCRIPTION





The Senior Financial Analyst is 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.





 * Develop, analyze, interpret, report, and/or present monthly, quarterly,
   and/or annual historical/ and or forecasted financial information.
 * Prepare complex financial plans, financial forecasts, profitability impacts &
   competitive analysis, and various reports to better track profitability
 * Prepare complex financial and business related analysis and research in such
   areas as financial and expense performance, rate of return and depreciation.
 * Coordinate and direct the preparation of complex budgets for units or
   departments based on actual performance, previous budget figures, estimated
   revenue, expense reports and other factors.
 * Review complex expenditures of requisitioning departments to ensure
   conformance to budget.
 * Prepare forecast and analyze trends in areas such as sales, finance and
   general business conditions.
 * Prepare monthly, quarterly, and annual reports and/or analysis for various
   audiences such as Senior Leadership Team, Audit Committee, Executive Team,
   BCBS Association, etc.  Ensure the reports are accurate.  Make presentations
   to management and business lines.
 * Responsible for complex monthly variance analysis (at any business/segment or
   consolidated company level). 
 * Provide ongoing support to various business lines and answer any questions
   that may arise.
 * Act as a consultant to management on complex financial policy, procedure and
   application as well as historical, plan, forecasting and other reporting.
 * Demonstrate continuous effort to improve operations, decrease turnaround
   times, streamline work processes, and work cooperatively and jointly with
   other Business Unit managers to provide quality seamless customer service
 * Support the complex administration and analysis for new products and
   corporate projects. 
 * Provide leadership, coaching, support & problem solving assistance, and
   knowledge transfer to other analysts.



Hiring Requirements

 * 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.





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ABOUT US


It's an exciting time to work at Blue Cross and Blue Shield of North Carolina
(Blue Cross NC). Health care is changing, and we're leading the way. We offer
more than health insurance our customers can count on. We’re committed to better
health and better health care − in our communities and beyond. Our employees
bring energy and creativity to the workplace, and it shows in our innovative
approach to improving the health and well-being of North Carolinians.




Blue Cross NC is a fully taxed, not-for-profit North Carolina company with major
operations centers in Durham and Winston-Salem. We employ more than 5,000
people who are passionate about health care, and we serve more than 4.3 million
members.




Help us lead the charge for better health care by joining our award-winning
team. Discover tremendous opportunities with us to do challenging and rewarding
work. Opportunities that can lead you to a fulfilling career, work that can help
others lead healthier, happier lives.




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