Manager – Finance Business Partner - Operations

<strong>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?</strong>

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.&nbsp;

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Competitive Total Compensation Package

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>