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CareFirst BlueCross BlueShield · 23 hours ago

Senior Financial Analyst - Cost Accounting - (Hybrid)

Baltimore, MD

Full-time

Hybrid

Senior Level

$67K/yr - $133K/yr

5+ years exp

CareFirst BlueCross BlueShield is a healthcare organization seeking a Senior Financial Analyst in Cost Accounting. This role involves analyzing financial data, ensuring compliance with regulations, and providing financial support through various reporting and documentation processes.

Health CareNon ProfitService Industry

No H1B

Responsibilities

Prepares various financial reports for inclusion in consolidated financial reports and the corporate financial planning calculations

Analyze financial trends, verify data accuracy, and collaborate with other stakeholders to define reporting specifications, methods, and procedures

Provides required documentation for internal and external audit requests

Identify trends, risks, and opportunities through data analysis and recommended actionable solutions

Ensure compliance with GAAP, Statutory regulations, CAS, FAR, internal policies, and audit requirements

Responds to manager, director, and executive inquiries, handles special requests, and research complex accounting topics and projects

Communicate with corporate management on accounting/financial processes and regulatory requirements

Prepare financial data for presentation to upper management

Coordinates, reviews, and analyzes quarterly and annual financial report submissions to ensure corporate compliance with applicable regulations, laws, or guidelines

Gathers, compiles, and interprets information collected through financial analyses to identify trends and provide insight for decision making

Develops, coordinates, and verifies data for statutory filings

Creates specifications for generating regulatory statistics and develops procedures for accurate calculation and presentation of results

Qualification

Certified Public AccountantFinancial analysis softwareCost AccountingGAAP complianceData analysisHealthcare insurance experienceCommunication

Required

Bachelor's Degree in Accounting, Finance, related field or technical training OR in lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience

5 years experience in a finance, accounting or an analytical role within finance sector or quantitative analysis

Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data

Proficient with financial analysis software (i.e., Delphi Technology, Oracle E-Business Suite Financials, Longview)

Proficient with database entry and query software

Excellent communication skills both written and verbal

Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers, within set expectations for service excellence

Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging

Must be eligible to work in the U.S. without Sponsorship