Financial Coordinator

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.<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 />Learn more about your options as an external candidate. <a href="https://bcbsm.taleo.net/careersection/2/jobsearch.ftl?lang=en" target="_blank" rel="noopener noreferrer">Click here</a> to view open positions. http://www.bcbsm.com

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Full-time

Competitive Compensation and Benefits Package

Overview: <span style="font-size: small;">Responsible for monitoring, analyzing and reporting financial information including revenues, expenses, trends and/or program profitability by division, customer or product segments. Also responsible for preparing financial analysis and modeling that supports prospective business decisions. Leads or works with a team (within the department or across multiple departments) to complete assigned projects. Works within strict deadlines and under little or no supervision.</span>
Responsibilities: <ul> <li><span style="font-size: small;">Oversees decision support-oriented 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. &nbsp;</span></li> <li><span style="font-size: small;">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&nbsp;and revenue activity, external benchmark data and external audit findings.&nbsp;</span></li> <li><span style="font-size: small;">Prepares and publishes various financial or regulatory reports and/or statements for management outside the department and/or parties external to BCBSM (e.g. auditors, customers, providers, BCBSA, FEP, NAIC, OFIS, Standard &amp; Poor's, and AM Best).&nbsp;</span></li> <li><span style="font-size: small;">Identifies, based on information in financial or regulatory reports, areas where additional analysis is needed and investigates these issues independently.&nbsp;</span></li> <li><span style="font-size: small;">May review financial information prepared by other financial staff members and customers for accuracy and completeness. &nbsp;</span></li> <li><span style="font-size: small;">Information may include budgets, business cases, impact studies, audit findings, footnotes, and regulatory schedules.&nbsp;</span></li> <li><span style="font-size: small;">Edits, corrects and revises as appropriate.&nbsp;</span></li> <li><span style="font-size: small;">Drafts policies and procedures for department and/or division to help assure clarity in the department and/or divisional practices and adequate internal controls.</span></li> <li><span style="font-size: small;">Interfaces with various departments, senior management and individuals external to BCBSM.&nbsp; Represents leadership staff at meetings in their absence.&nbsp;</span></li> <li><span style="font-size: small;">Responsible for assignments that frequently involve strict deadlines.&nbsp;</span></li> <li><span style="font-size: small;">May have staff assigned to them as it relates to project work.&nbsp;</span></li> <li><span style="font-size: small;">Assists with special projects and any other duties or assignments as&nbsp;<span style="font-family: Arial;">requested by management.&nbsp;</span></span></li> <li><span style="font-size: small;">Other duties may be assigned.</span></li> </ul>
Requirements: <ul><li>Bachelor's Degree in Accounting, Finance or related field required. Master's Degree preferred. </li><li>Four (4) to six (6) years experience in related field with extensive background in financial analysis and reporting (internal/external). Experience in healthcare or insurance industry is considered a plus. </li><li>Experience in leading projects, coordinating efforts that involve other people and demonstrated leadership skills. </li><li>Certification (CPA, CMA, and CFM) preferred. </li><li>Excellent verbal and written communication skills to effectively communicate financial information to financial and non-financial individuals. </li><li>Excellent analytical, organizational, problem solving skills and the ability to identify and analyze accounting and business issues. </li><li>Subject matter expert with high degree of technical expertise in area of specialty (e.g., GAAP and SAP accounting, FEP regulations, cost accounting, etc). </li><li>Ability to work independently, within a team environment and with multiple priorities. </li><li>Ability to effectively interface with various levels of management internally and as well as contacts outside the organization. </li><li>Comprehensive knowledge of financial operations including functions, activities and systems. </li><li>Proficient in current industry standard PC applications and systems (e.g., Excel, Word, PowerPoint, Access). </li><li>General knowledge of ACTIVA and PeopleSoft. </li><li>Other related skills and/or abilities may be required to perform this job. </li></ul>