Sr Internal Ctrls Specialist

With more than 7,000 employees, we are the largest health insurance company in Michigan. We offer an exciting work environment with a diverse group of employees. Our goal is to make health insurance easier for our members. We want to transform the industry and become a resource that people can trust.

Detroit, MI

Blue Cross Blue Shield of Michigan

When you think of <a href="https://www.bcbsm.com/" target="_blank" rel="noopener noreferrer">Blue Cross Blue Shield of Michigan</a> for health insurance, you can know you&rsquo;re getting much more. We're a company founded on a tradition of affordable, quality health care for everyone, improving the present and investing in the future.&nbsp;<br /><br />We offer:<br />Plans for employers and individuals that meet today&rsquo;s needs, budgets and lifestyle<br />The largest network of doctors and hospitals in the state<br />Lower health care costs Higher quality health care<br />Award-winning diversity practices<br />Grants and programs that promote better health throughout Michigan<br /><strong><br />Mission:&nbsp;</strong>We commit to being our members&rsquo; trusted partner by providing affordable, innovative products that improve their care and health.<br /><br /><a href="http://www.bcbsm.com/index/about-us/our-company.html" target="_blank" rel="noopener noreferrer"><strong>Click here</strong></a> to learn more about our commitment to our Social Mission, view company updates and reviews, and view our awards &amp; accolades.<br /><br />For Application Timeline &amp; Selection Process:&nbsp;<a href="https://s3.amazonaws.com/data.vizirecruiter.com/Images/BCBSMCareers+-+Quick+Reference+Guide.pdf" target="_blank" rel="noopener noreferrer">Click Here</a>. Learn more about your options as an external candidate. <a href="https://ejko.fa.us2.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX_3/requisitions" target="_blank" title="BCBSM" rel="noopener noreferrer">Click here</a> to view open positions. http://www.bcbsm.com

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Full-Time

Competitive Total Compensation Package

Overview: This position is required to ensure compliance with required regulations (e.g., Model Audit Rule) by providing guidance and internal control leadership across numerous business areas and functional areas across the enterprise.&nbsp; This encompasses participating in risk assessments, planning, identification, and development of new processes across the Company.&nbsp; It also includes effectively participating in more complex process improvement and control assessments and implementation projects and training personnel of the organization on internal controls.
Responsibilities: <ul> <li>Lead testing of internal controls for various processes/areas across the Enterprise, including the most complex areas such as Actuarial processes.&nbsp; This includes planning, execution, documenting work performed, and wrapping up files and work product as well as identifying risks, control issues, improvements needed, and assessing remediation plans for appropriateness. It would also include peer reviews of internal controls testing work completed by others.&nbsp;</li> <li>Lead and/or actively participate in (depending on complexity and level of knowledge needed) cross-divisional internal control projects that require the development of controls for new work streams or processes (e.g., system upgrades, etc) and process improvement projects utilizing effective project management skills.&nbsp; This could include business process changes, system implementations, and other change management activities.</li> <li>Perform quality reviews of work in the management self-assessment program and take a lead role in the training of business area testers across the enterprise.</li> <li>Lead the MAR scoping process to determine areas needing to be included in our annual plan.&nbsp; Effectively run the scoping planning sessions and report recommendations to leadership.&nbsp;</li> <li>Mentor the summer intern and their work/schedule.&nbsp; Perform other related duties as required such as answering ad hoc internal control inquiries and training.</li> </ul>
Requirements: <ul> <li>Bachelor&rsquo;s degree in Accounting, Business, Finance, IT, Healthcare, or closely related field required.</li> <li>Four years in an auditing and/or internal control environment.&nbsp;</li> <li>Three years in public accounting highly preferred.</li> <li>Two to three years of project management experience in a changing environment is preferred.</li> <li>Familiarity with healthcare and insurance industry and BCBSM&rsquo;s operating model is preferred.</li> <li>Accounting / Finance certification preferred (CPA, CIA, CMA, CISA or equivalent)</li> <li>Advanced knowledge of internal controls over financial reporting (e.g. COSO) and business processes</li> <li>Advanced knowledge of generally accepted accounting principles and statutory accounting and reporting requirements</li> <li>Ability to develop and adhere to project plans, and work with multiple and changing priorities</li> <li>Proficient in PC application systems (e.g. Microsoft Office Suite)</li> <li>Ability to think critically and outside the box to achieve the balance between risk and controls, costs and benefits</li> <li>Advanced knowledge of financial transactions flow and their financial statement impact</li> </ul>