Senior EIT Budget Analyst

BlueCross BlueShield of Tennessee•Chattanooga, TN
•Remote

About The Position

We are hiring a Sr. EIT Budget Analyst to join our Enterprise Information Technology Finance team at BlueCross BlueShield of Tennessee! In this role, you will help manage EIT’s overall budget, including budget preparation, analysis, reporting, loading, and annual planning, while partnering closely with EIT managers and leadership. You’ll use your accounting and budgeting knowledge to interpret technology contracts, understand renewal and invoice impacts, and help managers understand how technology purchases and expenses affect their budgets. You will also work with data from multiple financial and budgeting systems, using Excel to analyze information and translate complex financial and technology details into clear, actionable insights that support informed decision-making across EIT.

Requirements

  • Bachelor's degree in Accounting, Finance, Economics, Math or related field required
  • 5 years - Experience in accounting, finance or project analysis required
  • Experience with Database reporting utilizing Financial Systems like Workday,
  • Basic accounting knowledge regarding the (GAAP) General Accepted Accounting Principles
  • Advanced knowledge of basic financial concepts, such as transactions, accruals, etc.
  • Excellent oral and written communication skills
  • Strong analytical skills with sound statistical and/or business acumen.
  • Excellent critical thinking, solution-oriented skills
  • Strong customer service and team acumen
  • Experience with Database reporting utilizing financial systems like Workday and Cognos/TM1
  • Proficient in Microsoft Office (Outlook, Word, Excel and PowerPoint)
  • Ability to manage multiple projects and priorities

Nice To Haves

  • Prior experience supporting IT or technology-related budgets and contracts.
  • Experience with large ERP systems such as Workday, PeopleSoft, and/or other comparable systems.
  • Experience with procurement, contracting, and budget planning systems, such as TM1 or similar tools.
  • Understanding of technology expenses, including the distinction between capital purchases and maintenance expenses.
  • Experience working with contract renewals, invoices, requisitions, or related financial processes.
  • Comfort learning and navigating new financial and technology systems.

Responsibilities

  • Oversees accurate and timely program/project level cost accounting by defining processes that enable visibility of project financial health.
  • Supports the annual budgeting and training processes, reforecasts EIT divisional spend monthly, and develops asset/capital management processes to adhere to accounting guidelines.
  • Supports Oversight of EIT Contracts coordination and tracking for timely renewals and variance to EIT budget.
  • Ensures accuracy of EIT divisional monthly journal entries/accruals prepared by junior staff and supports the invoice review, approval, and tracking processes.
  • Oversees the preparation of complex financial reports that are presented to the EIT leadership team.
  • Effective communication with multiple levels of the EIT and BCBST organization.
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