Senior Financial Analyst

Posted Yesterday
Be an Early Applicant
Durham, NC, USA
In-Office
89K-143K Annually
Senior level
Healthtech
Improving the health and well-being of our customers & communities - we won’t stop until health care is better for all
The Role
Leads complex financial reporting, forecasting, budgeting, variance analysis, and performance analysis. Partners with business leaders to provide financial guidance, assess profitability and risks, support strategic initiatives, improve reporting processes, and prepare reports for executive stakeholders. Also provides mentorship and problem-solving support to other financial analysts.
Summary Generated by Built In

Job Description

Responsible for the most complex financial reporting, analysis and forecasting including the preparation of financial reports and operating trends as well as research. Coordinate and or participate in several complex projects relating to the financial statement preparation and analysis development as well as implement improvements. Responsible for preparing and documenting complex financial plans, policies and accounting practices. Responsible for developing, utilizing, interpreting, and/or reporting complex corporate financial data as it relates to historical reporting, forecasting and/or estimating the future trends in health care costs.

  

What You’ll Do  

  • Develop, analyze, and present complex financial forecasts, budgets, plans, and historical performance to support business decision-making. 
  • Analyze financial performance, expenses, profitability, rate of return, and other key business trends to identify risks and opportunities. 
  • Lead budgeting and forecasting activities for assigned business units, incorporating historical results, projected revenue, expenses, and business assumptions. 
  • Perform complex monthly variance analysis, identifying key drivers and providing insights and recommendations to business leaders. 
  • Prepare accurate monthly, quarterly, and annual financial reports and analyses for senior leadership, executive teams, and other key stakeholders. 
  • Partner with business leaders as a financial advisor, providing guidance on financial performance, forecasts, policies, and strategic initiatives. 
  • Support financial analysis for new products, corporate initiatives, and projects, including profitability and competitive impact assessments. 
  • Identify opportunities to streamline financial processes, improve reporting, and increase operational efficiency. 
  • Provide guidance, problem-solving support, and knowledge sharing to other financial analysts. 

What You Bring    

  • Bachelor's degree or advanced degree (where required) 
  • 5+ years of experience in related field. 
  • In lieu of degree, 7+ years of experience in related field. 

 

Bonus Points  

  • Strong attention to detail, with a focus on accuracy and quality in financial analysis and reporting. 
  • Advanced Microsoft Excel skills, including experience with VLOOKUP/XLOOKUP, PivotTables, formulas, and financial data analysis. 
  • Experience working with Workday Financial Management or a similar financial system is a plus. 

 

What You’ll Get  

  • The opportunity to work at the cutting edge of health care delivery with a team that’s deeply invested in the community   
  • Work-life balance, flexibility, and the autonomy to do great work    
  • Medical, dental, and vision coverage along with numerous health and wellness programs    
  • Parental leave and support plus adoption and surrogacy assistance    
  • Career development programs and tuition reimbursement for continued education    
  • 401k match including an annual company contribution    
  • Learn more    

 

Where You’ll Work 

Our Hybrid Flex approach is built on presence with a purpose – giving you flexibility to work remotely with intentional in-person connection – that supports a workplace that’s flexible, connected, and future focused. 

In a Hybrid-Flex role, you’ll work in the office at least two days a week for collaboration and connection. In a Remote Flex role, you’ll work virtually, with a few in-office visits each year for meaningful moments that matter. 

Whether your role is Hybrid Flex or Remote Flex depends on the nature of the work and distance from our Durham headquarters. We welcome candidates from outside the local area and in any states listed on this job posting. Onsite expectations will be discussed during the interview process. 

Salary Range

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets,  licensure and certifications and other business and organizational needs. Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs. 

*Based on annual corporate goal achievement and individual performance.
 

$89,174.00 - $142,679.00

Skills

_____________________________________________________________________
JOB ALERT FRAUD: We have become aware of scams from individuals, organizations, and internet sites claiming to represent Blue Cross and Blue Shield of North Carolina in recruitment activities in return for disclosing financial information. Our hiring process does not include text-based conversations or interviews and never requires payment or fees from job applicants. All our career opportunities are published on https://bcbsnc.wd5.myworkdayjobs.com/en-US/BCBSNC. If you have already provided your personal information that you suspect is fraudulent activity, please report it to your local authorities. Any fraudulent activity should be reported to: [email protected].

Skills Required

  • Bachelor's degree or advanced degree where required
  • 5+ years of experience in a related field
  • 7+ years of experience in a related field in lieu of a degree
  • Advanced Microsoft Excel skills, including VLOOKUP/XLOOKUP, PivotTables, formulas, and financial data analysis
  • Experience with Workday Financial Management or a similar financial system
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The Company
HQ: Durham, NC
5,085 Employees

What We Do

It's an exciting time to work at Blue Cross and Blue Shield of North Carolina. Health care is changing, and we're leading the way. We offer more than health insurance our customers can count on. We’re committed to better health and better health care − in our communities and beyond. Our employees bring energy and creativity to the workplace, and it shows in our innovative approach to improving the health and well-being of North Carolinians. Our company is a not-for-profit with headquarters in Durham and major operations in Winston-Salem and Fayetteville. In all we employ more than 4,500 North Carolinians and serve more than 3.7 million customers. Help us lead the charge for better health care by joining our award-winning team. Discover tremendous opportunities with us to do challenging and rewarding work. Opportunities that can lead you to a fulfilling career, work that can help others lead healthier, happier lives. Blue Cross NC is an independent licensee of the Blue Cross and Blue Shield Association.

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