Blue Cross Blue Shield of Michigan

Nonprofit mutual insurer administering health benefits

Financial Analyst Accountant

Financial AccountingConfirmed live in the last 24 hours

Full-timeDetroit, MI, USANo salary listedIn-person

About the Job

Requirements

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

Responsibilities

Prepare financial information and review it for accuracy and completeness.
Perform detailed analysis when necessary.
Produce deliverables that may include account reconciliations, impact studies, audit findings, budgets, and business cases.
Assist with preparing financial or regulatory reports and statements for management or external parties, including auditors, customers, providers, BCBSA, FEP, and OFIS.
Prepare financial reporting for a division, customer, or segment, linking financial information from various sources to produce meaningful reports or ensure appropriate data reconciliation.
Work with financial data that 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.
Process financial transactions such as 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 external individuals, and respond to ad hoc requests and inquiries.
Perform other assignments, duties, or functions as assigned by management.

Turn numbers into insights that drive business decisions at Blue Cross Blue Shield of Michigan. In this role, you’ll work with teams across the organization to explore financial results, monitor revenue and expenses, and bring together data to tell a clear financial story. Your work will include reconciling accounts, preparing reports and supporting budgets, audits and regulatory reporting. If you enjoy making sense of numbers and collaborating with others, we’d love to hear from you. Explore this opportunity and apply today.

Prepares financial information and reviews for accuracy and completeness.
Performs detailed analysis when necessary.
Other deliverables may include account reconciliations, impact studies, audit findings, budgets and business cases.
Assists with the preparation of various financial or regulatory reports and/or statements for management and/or parties external to BCBSM (e.g., auditors, customers, providers, BCBSA, FEP, OFIS, etc).
Prepares financial reporting for a division, customer or segment that may include linking financial information from various sources to provide meaningful financial reports or to assure appropriate data reconciliation.
Financial data may include financial statements detail, corporate, division and cost center BPR information, cost allocation information, general ledger transaction activity, settlement activity, membership, billing and revenue activity.
May process financial transactions including journal entries, invoices, cost allocations, etc. Assists with drafting of policies and develops desk level procedures for the department to help assure clarity in department practices and adequate internal controls.
Interfaces with various departments, management and individuals' external to BCBSM. Responds to adhoc requests and inquiries.
Performs other assignments, duties or functions as assigned by management.

"Qualifications"

Bachelor's Degree in Accounting, Finance or related field required.
Two (2) to four (4) years experience in related field.
Strong analytical, organizational and problem solving skills.
Good verbal and written communication skills.
Ability to work under general supervision in an environment where there are certain deadlines.
Proficient in current industry standard PC applications and systems (e.g., Excel, Word, etc.).
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 this job.

All qualified applicants will receive consideration for employment without regard to, among other grounds, race, color, religion, sex, national origin, sexual orientation, age, gender identity, protected veteran status or status as an individual with a disability.

About the Company

Blue Cross Blue Shield of Michigan

Nonprofit mutual insurer administering health benefits

Nonprofit mutual insurer Blue Cross Blue Shield of Michigan administers health benefits for more than 4.3 million members in Michigan and across the United States. It offers group health plans for businesses of various sizes, including a private exchange that lets employers provide a selection of market-leading benefits, plus life and disability insurance. It operates through employer-sponsored plans and a network-based coverage model, with tailored plans and benefits administration. Its goal is to keep health care costs affordable and predictable for individuals and employers while providing broad access to coverage nationwide as an independent licensee of the Blue Cross Blue Shield Association.

Company size: 10,001+
Company stage: Not listed
Total funding: Not listed
Headquarters: Detroit, MI
Founded: 1938

Recently Posted Jobs

Explore more opportunities at Blue Cross Blue Shield of Michigan

See more jobs