Manager – Finance Business Partner - Operations

With more than 8,000 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. Interested in joining us?

Detroit, MI

Blue Cross Blue Shield of Michigan

When you think of Blue Cross Blue Shield of Michigan 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 /> <ul> <li>Plans for employers and individuals that meet today&rsquo;s needs, budgets and lifestyles</li> <li>The largest network of doctors and hospitals in the state</li> <li>Lower health care costs</li> <li>Higher quality health care</li> <li>Award-winning diversity practices</li> <li>Grants and programs that promote better health throughout Michigan</li> </ul> <strong>Mission: </strong>We commit to being our members&rsquo; trusted partner by providing affordable, innovative products that improve their care and health.<br /><br /><strong><a href="https://www.glassdoor.com/Overview/Working-at-Blue-Cross-Blue-Shield-of-Michigan-EI_IE5786.11,45.htm" target="_blank">Click here</a></strong> to learn more about our commitment to our Social Mission, view company updates and reviews, and view our awards &amp; accolades. http://www.bcbsm.com

keywords: finance,planning,leadership,analysis,analysis,relationships,support,prepare,software development,experience,performance,teamwork,solutions,degree,technology,communication,certification

Manager

Overview: The Finance Manager (Business Partner) at Blue Cross will&nbsp;be the central point of finance contact for&nbsp;BCBSM's&nbsp;Operational Areas (Claims/Enrollment/Billing, Service Ops and HR).&nbsp; This role is responsible for leading the financial planning, analysis and reporting of&nbsp;Operational Areas' performance and partners with&nbsp;senior management team to optimize the efficient and effective utilization of budgeted resources.&nbsp; This role must demonstrate strong leadership and collaborative skills within a cross functional environment to ensure strategic alignment of enterprise&nbsp;wide initiatives.&nbsp; As an&nbsp;advocate for the&nbsp;Operational Areas, this role must provide timely analysis on business cases and tactfully challenge assumptions as necessary.&nbsp; The ideal candidate must be self-directed, results oriented and focus on continuous process improvement.&nbsp; In addition, this role must drive adherence to all corporate finance policies, processes and procedures to ensure compliance with internal controls, general accepted accounting principles and regulatory statutes.&nbsp;
Responsibilities: <ul> <li> <div>Analyze data to identify opportunities for cost reduction, increased efficiency, and alignment across functions and broader enterprise strategies.&nbsp;</div> </li> <li> <div>Assist&nbsp;clients in the development and implementation of business strategy goals P&nbsp;and L targets and forecast business needs.&nbsp;</div> </li> <li> <div>Leverage knowledge of&nbsp;the BCBSM business model and key business processes that impact the client to help drive financial strategy.&nbsp;</div> </li> <li> <div>Assist in the development of metrics related to new and revised processes for functional areas and segment financial performance; using the data&nbsp;to make recommendations for improvement.&nbsp;&nbsp;&nbsp;&nbsp;</div> </li> <li> <div>Evaluate cost structures and process flows for a designated&nbsp;client to reduce costs and increase efficiencies.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div> </li> <li> <div>Educate client on company/industry economic and&nbsp;revenue drivers, research and make recommendations for innovation, and anticipate changes in the financial strategy of the business.&nbsp;</div> </li> <li> <div>Evaluate client's administrative spending against external benchmarks and provide recommendations based on best practices.&nbsp;</div> </li> <li> <div>Provide data analysis and interpretation to assist in the development of client's financial business plan to ensure adherence to budget requirements and corporate&nbsp;capital plan.&nbsp;</div> </li> <li> <div>Provide project/program accounting support.&nbsp;</div> </li> <li> <div>Analyze vendor&nbsp;relationships to ensure accruals are accurate and provide support for re-bids as required.&nbsp;</div> </li> <li> <div>Prepare various financial reports to help drive financial strategy and business unit performance.&nbsp;</div> </li> <li> <div>Other duties may be assigned.</div> </li> </ul>
Requirements: <ul> <li>Bachelor's Degree in Accounting or Finance or related field required; Master's Degree preferred.</li> <li>Seven (7) to ten (10) years experience in Finance or related field required.</li> <li>One (1) to three (3) years demonstrated leadership ability required.</li> <li>Three (3) to five (5) years of healthcare and/or insurance plan experience preferred.</li> <li>Ability to work effectively in team environment and with multiple priorities and certain deadlines.</li> <li>Excellent written and verbal communication skills.</li> <li>Excellent problem solving, interpersonal, and organization skills.</li> <li>Proficient in current industry standard PC applications and systems (e.g., Word, Excel and PowerPoint).</li> <li>Other related skills and/or abilities may be required to perform this job.</li> <li>Certification (CPA, CMA, CFM) preferred.</li> </ul>