At Blue Cross and Blue Shield of Minnesota, we are committed to paving the way for everyone to achieve their healthiest life. We are looking for dedicated and motivated individuals who share our vision of transforming healthcare. As a Blue Cross associate, you are joining a culture that is built on values of succeeding together, finding a better way, and doing the right thing. If you are ready to make a difference, join us.
The Impact You'll Have Blue Cross and Blue Shield of Minnesota is hiring a Senior Accountant in Eagan, MN. The Senior Accountant ensures the accuracy and integrity of financial records by preparing and reviewing moderately complex journal entries, accruals, reconciliations, and supporting month-end and year-end close processes. This role performs analysis, investigates discrepancies, and partners with stakeholders to improve processes while maintaining compliance with GAAP, accounting principles, and internal controls. Senior Accountants work independently on assigned areas and contribute to audits and special projects across the organization. What You'll Do
- Support month-end and year-end financial close processes by preparing journal entries, accruals, account reconciliations, and related financial schedules.
- Maintain key accounting controls and deliverables that support accurate consolidated financial reporting, including variance analysis and timely resolution of discrepancies.
- Coordinate third-party vendor payments, investigate discrepancies, and partner with stakeholders to resolve issues accurately and on time.
- Provide documentation and accounting support for internal, external, and regulatory audits, quarterly reporting, and limited annual filing activities.
- Document accounting procedures and identify practical opportunities to improve efficiency and automate recurring work.
- Compile and analyze financial data to prepare accurate and timely journal entries.
- Prepare, record, and analyze month-end accruals; perform calculations and supporting reconciliations to ensure completeness and accuracy.
- Support month-end and year-end processes by managing assigned responsibilities and ensuring timely, accurate completion of related financial schedules.
- Perform and document moderately complex account reconciliations; investigate and resolve variances promptly.
- Support internal, external, and regulatory audits by providing documentation and acting as a resource.
- Perform monthly and quarterly balance sheet variance analysis for assigned accounts, explain drivers, and collaborate with stakeholders to address issues.
- Investigate discrepancies and perform ad hoc analysis and reporting; identify root causes and recommend corrective actions.
- Partner with stakeholders to drive process improvement and automation.
- Ensure compliance with GAAP, statutory accounting principles, internal controls, and corporate accounting policies; maintain documentation and update procedures as required.
- Assist with new product and business line setup as needed; design accounting flows, controls, documentation and refine processes as products matures.
- Maintain and/or lead established moderately complex accounting projects as assigned by management.
- Performs additional responsibilities consistent with the scope and level of the role, as assigned.
- 5+ years of related accounting professional experience.
- Bachelor’s degree; in lieu of a degree, an additional two years of relevant experience beyond the qualifications listed above may be accepted.
Preferred Skills & Experience
- Ability to communicate complex topics clearly and concisely, actively listen to anticipate stakeholder needs, and align others to drive informed decisions.
- Ability to analyze complex information, evaluate options, and work cross-functionally to drive resolution and prevent recurrence.
- Ability to effectively organize work, balance competing priorities, and manage time across complex assignments and competing deadlines.
- Healthcare, health insurance, or other insurance industry experience.
- Experience preparing journal entries, completing account reconciliations, and supporting audit requests.
- Advanced Microsoft Excel skills, including lookups, SUMIFS, pivot tables, and summarizing large data sets.
- Experience with SAP or other financial systems.
- Knowledge of generally accepted accounting principles (GAAP).
- Experience documenting processes and identifying opportunities to improve efficiency or automate recurring work.
Role designation definition:
- Teleworking is working full time remote.
- Hybrid is a minimum of 2 days onsite.
- Onsite is full-time onsite.
Anchored in Connection
Our hybrid approach is designed to balance flexibility with meaningful in-person connection and collaboration. We come together in the office two days each week – most teams designate at least one anchor day to ensure team interaction. These in-person moments foster relationships, creativity, and alignment. The rest of the week you are empowered to work remote.
Compensation and Benefits $68,900.00 - $91,300.00 - $113,700.00 AnnualPay is based on several factors which vary based on position, including skills, ability, and knowledge the selected individual is bringing to the specific job.
We offer a comprehensive benefits package which may include:
Medical, dental, and vision insurance
Life insurance
401k
Paid Time Off (PTO)
Volunteer Paid Time Off (VPTO)
And more
To discover more about what we have to offer, please review our benefits page.
Equal Employment Opportunity StatementAt Blue Cross and Blue Shield of Minnesota, we are committed to paving the way for everyone to achieve their healthiest life. Blue Cross of Minnesota is an Equal Opportunity Employer and maintains an Affirmative Action plan, as required by Minnesota law applicable to state contractors. All qualified applications will receive consideration for employment without regard to, and will not be discriminated against based on any legally protected characteristic.
Individuals with a disability who need a reasonable accommodation in order to apply, please contact us at: [email protected].
Blue Cross® and Blue Shield® of Minnesota and Blue Plus® are nonprofit independent licensees of the Blue Cross and Blue Shield Association.
Physical requirements.
Skills Required
- 5+ years of related accounting professional experience
- Bachelor's degree, or two additional years of relevant experience in lieu of a degree
- Ability to communicate complex topics clearly and concisely, actively listen, and align stakeholders
- Ability to analyze complex information, evaluate options, and resolve issues cross-functionally
- Ability to organize work, balance competing priorities, and manage complex assignments
- Healthcare, health insurance, or other insurance industry experience
- Experience preparing journal entries, completing account reconciliations, and supporting audit requests
- Advanced Microsoft Excel skills, including lookups, SUMIFS, pivot tables, and large data set summaries
- Experience with SAP or other financial systems
- Knowledge of generally accepted accounting principles (GAAP)
- Experience documenting processes and identifying efficiency or automation opportunities
Blue Cross and Blue Shield of Minnesota Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Blue Cross and Blue Shield of Minnesota and has not been reviewed or approved by Blue Cross and Blue Shield of Minnesota.
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Retirement Support — The program combines a 401(k) match with additional company retirement contributions and a cash balance pension. This multi-pronged design strengthens long-term financial security beyond standard offerings.
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Parental & Family Support — Benefits include fully paid parental leave, adoption/surrogacy/foster assistance, and childcare support. These resources provide meaningful support across diverse family needs.
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Leave & Time Off Breadth — PTO that increases with tenure, multiple paid holidays, personal days, and paid volunteer time are paired with flexible scheduling. This breadth supports sustained work-life balance across career stages.
Blue Cross and Blue Shield of Minnesota Insights
What We Do
Blue Cross and Blue Shield of Minnesota is a taxable, nonprofit organization with a mission to make a healthy difference in people’s lives. Chartered in 1933 as Minnesota’s first health plan, we’ve promoted wider, more economical and timely availability of health services for the people of Minnesota for 80+ years. Blue Cross® and Blue Shield® of Minnesota is a nonprofit independent licensee of the Blue Cross® and Blue Shield® Association.
