Financial Analyst, Consultant

Blue Shield of California • Oakland, CA

5d • Hybrid

About The Position

Your Role The Operations Finance team is responsible for financial analysis, budget preparation, financial control, forecasting, reporting and for evaluating alternate financial plans.. The Lead Finance Analyst will report to the Manager, Operations Finance. This individual contributor will ensure financial stewardship over operations and serve as the trusted advisor to the executive operations leadership. This includes analysis of key strategic initiatives to drive business results and operating leverage. This position will assist in generating and compiling management/executive reports, graphs and presentations, progress reports, or other ad hoc requests.

Requirements

• Requires a bachelor's degree or equivalent experience
• Requires at least 7 years of prior relevant experience
• Excellent analytical and problem-solving skills
• Demonstrated advanced proficiency with Microsoft Excel (Pivot Tables, VLookups), Word, Access, and PowerPoint
• Requires deep knowledge of Finance and Accounting typically obtained through advanced education combined with experience
• Typically, viewed as a specialist within Finance and Accounting
• May have broad knowledge of project management
• Experience with specific systems key to the role (e.g., Oracle, Essbase)

Responsibilities

• Summarize detailed revenue/expense data and compare summarized claim data against fee schedules and contracts
• Produce contract performance reports, modeling of reimbursement rates, evaluation of financial contract modifications and compiling and monitoring key managed care statistics
• Collect and evaluate data, develop and maintain financial models, analyze results and conduct scenario analyses to forecast balance sheet, cash flow and regulatory capital
• Follow and conduct audit processes and review internal controls to ensure financial transactions are accurate, timely and comply with accounting standards, principles, and company policy
• Provide policy guidance and interpretation to ensure financial records are consistent and comply with company policies and GAAP
• Partner with management, cross-functional operations teams, and senior finance personnel to understand strategic initiatives and how they impact the budget
• Quarterly forecast updates and annual planning; effective communication and presentation of financial plan to senior management, with interpretation of strategic goals and detail needed to support achievement of those goals
• Work with team members to effectively track budget and forecast details, results, explain variances, identify risks/opportunities and solutions
• Enable management to make data driven decisions by providing clear and accurate financial summaries in support of achieving financial and operational targets

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1-10 employees