Your Role

The Enterprise Finance Consolidations and Business System team is responsible for the Company's consolidated financial statements, forecasting and reporting activities, business systems and administrative expense allocations. The team manages financial forecast and annual planning activities, provide monthly, quarterly, and annual consolidated financial reporting to the Board of Directors, Executives, Senior leaders, and external constituents. The team also manages Administrative Expense allocations and business systems (Hyperion Essbase & Planning, Concur and Planview). Our business partners include Growth and Health finance, Treasury, Accounting, Actuarial, and Expense Functional teams). The Financial, Analyst, Senior will report to the Sr, Manager, Finance Analytics. In this role you will be an integral part of the team and will manage the financial System Change Request Process, including assigning expense allocation methodology to cost centers. Additionally, you will support or lead the development of financial models, produce analyses for use in operational and strategic decision-making and create monthly, quarterly, and annual reports.

Your Work

In this role, you will:

• 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
• Create consolidated Enterprise-wide monthly, quarterly, and annual financial performance reports for executive team
• Manage expense allocation activities including maintaining allocation policy, analyses and reports and provide continues process enhancements
• Assist in development of long-range strategic forecast, including partnering with key stakeholders and maintaining forecasting model
• Identify business process improvement opportunities, develops solutions, engages management and stakeholders to align on decisions
• Present complex financial information to senior management

Your Knowledge and Experience

• Requires a bachelor's degree or equivalent experience
• Requires at least 5 years of prior relevant experience
• Requires expenses allocation experience
• Corporate finance experience (developing company valuation and forecast models, and financial statement analysis and reporting)
• Excellent analytical and critical thinking skills
• Advance Microsoft Excel skills (e.g., building and using macros, pivot tables, etc.)
• Strong financial and analytical background with demonstrated ability i) to drill into data to identify root causes, ii) to turn data into actionable information, and iii) to communicate results effectively to various levels of management
• Hyperion and Oracle knowledge desire
• Excellent verbal and written communication skills
• Innovative thinker that is enthusiastic about optimizing processes

Pay Range: The pay range for this role is $87,230.00 to $130,900.00 for California.

Note: Please note that this range represents the pay range for this and many other positions at Blue Shield that fall into this pay grade. Blue Shield salaries are based on a variety of factors, including the candidate's experience, location (California, Bay area, or outside California), and current employee salaries for similar roles.

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