Financial Applications Associate (Detroit-Hybrid)

Blue Cross Blue Shield of Michigan•Detroit, MI

4d•Hybrid

About The Position

The Financial Applications Associate performs core technology functions including business and systems analysis, application development, and process improvement. Serve as a technical liaison between business areas and the IT organization to translate requirements into viable solutions. Identify, document, and communicate system and process changes necessary to enhance system performance and operational efficiency. Contribute to the identification, analysis, and recommendation of technical process improvement initiatives with working knowledge of finance accounting practices. Design, create, and implement technical solutions that address business needs. Support the development and maintenance of one or more low to moderately complex business systems and applications. ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned. Business Analysis Conduct data gathering and analysis to understand business strategy requirements. Contribute to business short and long-term planning sessions and provide direction to ensure understanding of business goals and direction. Provide input from a business perspective. Evaluate ongoing department activity and propose new tools or technologies. Assist in the business process redesign and documentation as needed for new technology. Application Development Assist in the application development process to ensure application software is delivered on time and within budget. Ensure all system development lifecycle processes and standards are followed. Design, code, test, debug, document, implement and maintain moderately complex business applications. Provide ongoing maintenance of applications. Maintain existing reporting and process automation tools. Systems Analysis Analyze system defects and conduct root cause analysis. Develop system solution by preparing and evaluating alternative workflow solutions. Perform release management and end to end testing of systems changes. Identify, investigate, resolve and escalate problems a needed. Gather data to support recommendations to address problems. Procure additional technical assistance to help in problem resolution. Process Improvements Work on small to medium sized moderately complex process improvement initiatives supporting the business customer(s)/service(s). Analyze and evaluate business requirements and current processes and interfaces to identify gaps and areas of improvement. Develop process requirements and recommendations and communicate for the implementation of technical business solutions. Other Duties and Responsibilities Design and develop reports and data delivery to accommodate changing business requirements. Investigate, resolve and escalate problems. Adhere to policies and procedures supporting audits to ensure compliance with regulatory requirements.

Requirements

Bachelor’s degree in related field such as Information Systems, Data Management, Computer Science, and/or Finance preferred.
One (1) year of relevant technical or business work experience required.
Experience in managing projects required.
Basic knowledge of business operations and systems requirement processes.
Strong technical, analytical, systems skills.
Display innovation in identifying, proposing, and overseeing the execution of business solutions.
Written and verbal communication skills; interpersonal skills.
Ability to provide technical or business guidance to clients, both internal and external.
Ability to work independently, or within a team environment.
Other related skills and/or abilities may be required to perform this job.

Nice To Haves

Demonstrated knowledge preferred in: system development life cycle process design, re-engineering, and organization transformation, Six Sigma, CMMI or ITIL computer programming languages

Responsibilities

Business Analysis Conduct data gathering and analysis to understand business strategy requirements.
Contribute to business short and long-term planning sessions and provide direction to ensure understanding of business goals and direction.
Provide input from a business perspective.
Evaluate ongoing department activity and propose new tools or technologies.
Assist in the business process redesign and documentation as needed for new technology.
Application Development Assist in the application development process to ensure application software is delivered on time and within budget.
Ensure all system development lifecycle processes and standards are followed.
Design, code, test, debug, document, implement and maintain moderately complex business applications.
Provide ongoing maintenance of applications.
Maintain existing reporting and process automation tools.
Systems Analysis Analyze system defects and conduct root cause analysis.
Develop system solution by preparing and evaluating alternative workflow solutions.
Perform release management and end to end testing of systems changes.
Identify, investigate, resolve and escalate problems a needed.
Gather data to support recommendations to address problems.
Procure additional technical assistance to help in problem resolution.
Process Improvements Work on small to medium sized moderately complex process improvement initiatives supporting the business customer(s)/service(s).
Analyze and evaluate business requirements and current processes and interfaces to identify gaps and areas of improvement.
Develop process requirements and recommendations and communicate for the implementation of technical business solutions.
Other Duties and Responsibilities Design and develop reports and data delivery to accommodate changing business requirements.
Investigate, resolve and escalate problems.
Adhere to policies and procedures supporting audits to ensure compliance with regulatory requirements.