Manager Budgets & Finance

Posted 2 Days Ago
Be an Early Applicant
Chicago, IL, USA
In-Office
102K-184K Annually
Senior level
Healthtech • Insurance
The Role
Lead financial analysis, forecasting, reporting, and decision-support for IT and Customer Service. Develop dashboards, financial models, scenario planning, ROI evaluations, and TCO analyses. Support vendor governance, procurement/RFPs, monthly close and ad hoc reporting, ensure data integrity and HIPAA compliance, present insights to leadership, and manage finance-related projects and team oversight.
Summary Generated by Built In

At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers.

Join HCSC and be part of a purpose-driven company that will invest in your professional development.

Job Summary

Provide strategic financial analysis, reporting, forecasting, and decision-support recommendations to IT and CS leadership to drive business objectives, financial accountability, and operational efficiency. Partner closely with business leaders to develop financial transparency through clear, actionable reporting, dashboards, and management presentations, while forecasting labor and non-labor utilization to meet spending and chargeback targets. Support executive decision-making by gathering business requirements and translating them into financial models, operational metrics, and reporting solutions. Conduct scenario planning, what-if analysis, business case development, ROI evaluations, and vendor governance activities to support investments, procurement initiatives, and RFP processes. Collaborate across Finance, Procurement, and business teams to enhance Total Cost of Ownership (TCO) analysis, cost transparency, and financial performance management. Prepare monthly financial reporting packages, ad hoc analyses, and financial close activities while ensuring data accuracy and integrity. Leverage internal and external data sources to deliver business intelligence, generate strategic insights, and influence key decisions through effective communication and presentation. Maintain strong relationships with leadership and stakeholders, uphold HIPAA and corporate compliance requirements, safeguard confidential information, and support special projects and organizational initiatives as needed.

JOB REQUIREMENTS:

  • Bachelor Degree in Accounting, Business, Economics or Finance with 6 years experience in a corporate accounting and/or financial area or 9 years experience in a corporate accounting and/or financial area.
  • Minimum 4 years demonstrated experience in leading/supervising teams
  • Strategically oriented; conflict resolution skills; effective interpersonal, verbal and written communication skills; and excellent financial and business acumen skills.
  • Knowledge with investment valuation techniques including ROI, NPV, EVA, RBC.
  • Knowledge of financial and/or resource modeling
  • Clear and concise verbal and written communication with demonstrated ability to present to large groups.
  • 2 Years planning and budget experience.
  • PC proficiency to include Word, Excel, PowerPoint and Lotus Notes.

PREFERRED JOB REQUIREMENTS:

  • Experience managing direct reports
  • Financial experience in areas relevant to assigned HCSC divisions such as Information Technology, Customer Service, Call Centers (inquiries), Claims Processing, Information Management, etc. Experience with project and portfolio accounting
  • Ability to travel including overnight stays, once or twice a year
  • Experience with financial management of IT Equipment/Software

This is a flex (hybrid) role, 3 days in office, 2 days work from home

#LI-PD1

#LI-Hybrid

Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!

Pay Transparency Statement:

At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees.  Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards.

The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan.

HCSC Employment Statement:

We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics.

Base Pay Range$102,000.00 - $184,300.00

Exact compensation may vary based on skills, experience, and location.

Skills Required

  • Bachelor's degree in Accounting, Business, Economics, or Finance with 6 (or 9) years corporate accounting/finance experience
  • Minimum 4 years demonstrated experience leading/supervising teams
  • Strategic orientation, conflict resolution, strong interpersonal, verbal and written communication skills, and financial/business acumen
  • Knowledge of investment valuation techniques (ROI, NPV, EVA, RBC)
  • Knowledge of financial and/or resource modeling
  • Ability to present clearly to large groups
  • 2 years planning and budget experience
  • PC proficiency with Word, Excel, PowerPoint, and Lotus Notes
  • Experience managing direct reports
  • Financial experience relevant to IT, Customer Service, Call Centers, Claims Processing, Information Management; project and portfolio accounting experience
  • Ability to travel including overnight stays once or twice a year
  • Experience with financial management of IT equipment/software

Health Care Service Corporation Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Health Care Service Corporation and has not been reviewed or approved by Health Care Service Corporation.

  • Retirement Support A pension plan alongside a matching 401(k) is offered, an uncommon combination in the private sector. This combination is described as a standout element that helps retain employees.
  • Healthcare Strength Healthcare options are broad, with multiple medical, dental, and vision choices, wellness incentives, and access to resources like on-site fitness centers and an EAP. These offerings add meaningful value beyond base pay.
  • Parental & Family Support Paid parental leave (up to six weeks at full pay after one year), adoption assistance, and mothers’ rooms are available. These supports reinforce family needs alongside work commitments.

Health Care Service Corporation Insights

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The Company
HQ: Chicago, IL
13,563 Employees

What We Do

Imagine Something New, Something Different. Health Care Service Corporation, a Mutual Legal Reserve Company (HCSC), is the largest customer-owned health insurer in the nation and the fourth largest overall. Operating through our Blue Cross and Blue Shield Plans in Illinois, Montana, New Mexico, Oklahoma and Texas (as well as a variety of affiliates and subsidiaries,) we are expanding access to high-quality, cost-effective health care. We are equipping members with information and tools so they can make the best health care decisions for themselves and their families. HCSC is continuously recognized as an employer committed to community, diversity and inclusion, training and development. HCSC is committed to pioneering the health care space in ways as effective as they are creative. If you are passionate about the impact you want to have through your work, with a desire to apply innovative thinking to new and emerging challenges, we encourage you to learn more about HCSC. Learn about what we stand for, how we work and the difference we’re making in the lives of our 15 million members. Join HCSC and discover what new ways of thinking can mean for you, your community, our customers and our organization. Divisions of Health Care Service Corporation, a Mutual Legal Reserve Company, an Independent Licensee of the Blue Cross and Blue Shield Association.

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