New

Associate Consultant Financial Analyst

Blue Cross Blue Shield Association
vision insurance, 401(k)
United States, Illinois, Chicago
Jan 30, 2025
The hiring range for this role is: 67,240.00 - 94,300.00 This is the lowest to highest salary we, in good faith, believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the hiring range and this hiring range may also be modified in the future. A candidate's position within the hiring range may be based on several factors including, but not limited to, specific competencies, relevant education, qualifications, certifications, relevant experience, skills, seniority, performance, shift, travel requirements, and business or organizational needs.This job is also eligible for annual bonus incentive pay. We offer a comprehensive package of benefits including paid time off, 11 holidays, medical/dental/vision insurance, generous 401(k) matching, lifestyle spending account and many other benefits to eligible employees. Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law. Job Description Summary This position is will directly support back-office financial services and support for financial planning, budgeting, forecasting, monitoring, and analysis delivered to the client groups. Serves a key role in the financial reporting process including monthly and custom revenue & expense reporting, resource tracking and time allocation reporting, Plan data reporting, invoice tracking & reconciliation reporting, vendor commitment reporting, as well as budget approval forms and monthly accruals. Provides analytical support to FP&A projects as assigned to help contribute to the successful operation of the various client business units supported. Works collaboratively with members of Finance, Sourcing & Vendor Management, and various levels of management within their assigned business units. Responsibilities include but are not limited to: Prepare various financial reports and forms to support specific business units, fully comprehending underlying data. Reports could include: Monthly and custom financial reporting for certain business units. This could include transaction-level expense and revenue variance reporting, vendor spend against contracts, vendor savings, resource modeling, monthly dashboard reporting including performance metrics, business metrics, core cost goals and benchmarks. Plan transaction-level data reporting, including monthly claims count for revenue tracking and ad hoc Plan and internal requests. Budget-related forms supporting the sourcing and vendor management / procurement process. Provide transactional support to the budget process, revenue/expense forecasts, and capital projections within assigned business units, which includes the following: Support effective financial modeling to collect, streamline, analyze, monitor and communicate financial results to management, for their representation to senior leadership / executives. Perform monthly and ad hoc reporting and monitoring as well as value-added analysis to various levels of staff and management (e.g. variances, accruals, trends, and metrics). Respond and resolve various ad-hoc financial requests and customer service issues, including but not limited to: Resource modeling, trend reporting, project code set up and monitoring, rush budget forms, ad-hoc analysis, invoice reconciliation, vendor commitment tracking, change requests, accrual analysis, billing inquiries, and customer training. Maintain and foster financial communications with multi-departmental management and amongst the Finance team. Perform ad hoc transactional analyses or financial modeling in support of a priority project. Experience effectively dealing with ambiguity is desired. Ensure the quality and integrity of all financial data is accurate by performing all required cross-checks Required Education, Certifications and Experience Bachelor's degree in Finance or related business discipline Minimum of 2 years demonstrated work experience in financial planning & analysis or financial reporting Competency in quality assurance with ability to perform required cross-checks to ensure the quality and accuracy of financial data High level of competency with Microsoft Office software (EXCEL, WORD, AND POWERPOINT) Exemplary organizational skills and ability to manage multiple projects concurrently. Strong customer service and relationship skills, including the ability to develop and maintain critical relationships. Strong communication skills, good judgment, and sense of urgency. Presentation skills: ability to effectively present data/information and respond to questions from various constituents Strong analytical and financial reporting skills Detail oriented Ability to understand see the bigger picture; connect the dots from the detailed level and understand the impact at a higher level Preferred Education, Certifications and Experience Familiarity with Tableau Strong Excel skills People Management No #LI-HYBRID