Manager - Finance Shared Services

<p>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.</p>

Detroit, MI

Blue Cross Blue Shield of Michigan

When you think of <a href="" 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="" 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="" target="_blank" rel="noopener noreferrer">Click here</a> to view open positions.

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Competitive Total Compensation Package

Overview: Under general direction, contributes to the overall corporate mission by planning and organizing resources, defining results, and coaching team members to achieve expected results. Responsible for providing integrated enterprise-wide reporting of financial plans across business units and initiatives. Drives ongoing analysis of key processes and identifies cost-savings opportunities through productivity and process improvement initiatives. Evaluates cost structures and defines potential inefficiencies and monitors effectiveness of changes.
Responsibilities: <ul style="font-weight: 400;"> <li>Monitor economic and industry developments to anticipate and plan for impacts to the organization.&nbsp;</li> <li>Collaborate with Business Partners, and other financial partners, to ensure common integrated financial processes/ projects/initiatives.&nbsp;Identify links/interdependencies across functional areas and provide analytics.&nbsp;</li> <li>Use results of analyses to implement enterprise-wide financial metrics/measures and identify trends and benchmarks based upon best practices.&nbsp;</li> <li>Manage activities related to the preparation of various financial reports (i.e. budgets, variance analysis, etc.).</li> <li>Provide resources for Per Member Per Month cost structure analysis and support across segments/products.&nbsp;</li> <li>Manage shared services team to provide system support and the consolidation and reporting of administrative processes (i.e. budget and allocation systems).&nbsp;</li> <li>Create and maintain database of process maps, financial metrics, etc. to support LEAN activities.&nbsp;</li> <li>Provide and manage resources for Audit Support to ensure the effectiveness of internal controls and administrative expense processes.</li> <li>Evaluate and support selection and implementation of new systems.&nbsp;&nbsp;</li> <li>Other duties may be assigned.</li> </ul> <div><span style="font-size: small;"><strong>Supervisor Responsibilities</strong></span></div> <ul> <li><span style="font-size: small;">Manages departmental subordinate supervisors who supervise departmental employees as shown on the organizational chart.</span></li> <li><span style="font-size: small;">Is responsible for the overall direction, coordination, and evaluation of this unit. Also directly supervises departmental non-supervisory employees.</span></li> <li><span style="font-size: small;">Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.</span></li> <li><span style="font-size: small;">Responsibilities include interviewing, hiring, and training employees planning, assigning, and directing work appraising performance rewarding and disciplining employees addressing complaints and resolving problems.</span></li> </ul>
Requirements: <ul> <li><span style="font-size: small;">Bachelor's Degree in Accounting or Finance or related field required Master's Degree preferred.</span></li> <li><span style="font-size: small;">Five (5) to seven (7) years experience in Finance or related field required.</span></li> <li><span style="font-size: small;">One (1) to three (3) years demonstrated leadership ability required.</span></li> <li><span style="font-size: small;">Three (3) to five (5) years of healthcare and/or insurance plan experience preferred.</span></li> <li><span style="font-size: small;">Working knowledge of financial transactions flow and their financial statements impact.</span></li> <li><span style="font-size: small;">General knowledge of Generally Accepted Accounting Principles (GAAP) and Statutory Accounting Principles (SAP).</span></li> <li><span style="font-size: small;">Certification (CPA, CMA, CFM) preferred.</span></li> <li><span style="font-size: small;">Ability to work effectively in team environment and with multiple priorities and certain deadlines.</span></li> <li><span style="font-size: small;">Good written and verbal communication skills.</span></li> <li><span style="font-size: small;">Excellent problem solving, interpersonal, and organization skills.</span></li> <li><span style="font-size: small;">Proficient in current industry standard PC applications and systems (e.g., Word, Excel and PowerPoint).</span></li> <li><span style="font-size: small;">Other related skills and/or abilities may be required to perform this job.</span></li> </ul> <div><em>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.</em></div>