Financial Analyst- Accountant

Blue Cross Blue Shield of Michigan•Detroit, MI

11d

About The Position

Turn numbers into insights that drive business decisions at Blue Cross Blue Shield of Michigan. The Financial Analyst- Accountant works with teams across the organization to explore financial results, monitor revenue and expenses, and bring together data to tell a clear financial story. Work includes reconciling accounts, preparing reports, and supporting budgets, audits, and regulatory reporting. The role prepares financial information and reviews it for accuracy and completeness, performing detailed analysis when necessary. It prepares financial reporting for a division, customer, or segment by connecting information from various sources to produce meaningful reports or ensure appropriate reconciliation. Financial data may include financial statement details, corporate, division, and cost center BPR information, cost allocation information, general ledger transaction activity, settlement activity, membership, billing, and revenue activity. The position may also process financial transactions such as journal entries, invoices, and cost allocations. The role assists with financial and regulatory reports or statements for management and external parties, and with drafting policies and developing department-level procedures to clarify practices and support internal controls. It interfaces with departments, management, and individuals external to BCBSM, responds to ad hoc requests and inquiries, and performs other assignments as directed by management.

Requirements

Bachelor's degree in Accounting, Finance, or a related field.
Two to four years of experience in a related field.
Strong analytical, organizational, and problem-solving skills.
Good verbal and written communication skills.
Ability to work under general supervision and meet deadlines.
Proficiency in current industry-standard PC applications and systems, such as Excel and Word.
Working knowledge of PeopleSoft general ledger and mainframe systems.
General knowledge of Generally Accepted Accounting Principles (GAAP).
Other related skills and/or abilities may be required to perform the job.

Responsibilities

Prepare financial information and review it for accuracy and completeness.
Perform detailed financial analysis as needed.
Prepare account reconciliations, impact studies, audit findings, budgets, and business cases.
Assist with financial and regulatory reports or statements for management and external parties.
Prepare financial reporting for a division, customer, or segment by linking data from various sources and ensuring appropriate reconciliation.
Process financial transactions, including journal entries, invoices, and cost allocations, as applicable.
Assist with drafting policies and develop department-level procedures to clarify practices and support adequate internal controls.
Interface with departments, management, and individuals external to BCBSM.
Respond to ad hoc requests and inquiries.
Perform other assignments, duties, or functions as assigned by management.