Financial Coordinator (Hybrid in Southfield, MI or Lansing, MI) - 10162

SUMMARY:

This position is responsible for monitoring, analyzing, and reporting financial information including revenues, expenses, trends and/or program profitability by division, customer, or product segments.  This role is also responsible for preparing financial analysis and modeling that supports prospective business decisions.  This position may lead or work with a team (within the department or across multiple departments) to complete assigned projects.   

RESPONSIBILITIES/TASKS: 

• Oversees decision support oriented financial reporting for a division, customer or segment that may include linking financial information from various sources to provide meaningful financial reports or to assure appropriate data reconciliation.  Financial data may include claims data, financial statements detail, corporate, division, and cost center BPR information, cost allocation information, general ledger transaction activity, settlement activity, membership, billing and revenue activity, external benchmark data and external audit findings.
• Prepares and publishes various financial or regulatory reports and/or statements for management outside the department and/or parties’ external to BCBSM (e.g. auditors, customers, providers, and BCBSA).
• Identifies, based on information in financial or regulatory reports, areas where additional analysis is needed and investigates these issues independently.
• Stays current with, researches, understands and implements needed changes to meet divisional and regulatory requirements tied to assignments.
• May review financial information prepared by other financial staff members and customers for accuracy and completeness. Information may include budgets, business cases, impact studies, audit findings, and regulatory schedules. Edits, corrects and revises as appropriate. 
• Participates as needed in the capital planning, budgeting, and forecasting as needed.
• Responsible for certain liaison activities between area and COBx, Emerging Markets, BCBSM, BCN, Visiant, Tessellate.
• Serves as technical accounting/finance expert and consultant for other finance and supported business areas.
• Responsible for elevating business issues to leadership.
• Supports system conversions and upgrades.
• Responsible for cost allocation processes, including methodology, reporting and explanation.
• Drafts policies and procedures for department and/or division to help assure clarity in department and/or divisional practices and adequate internal controls. 
• Interfaces with various departments, senior management and individuals’ external to BCBSM.  Represents leadership staff at meetings in their absence.
• Responsible for assignments that frequently involves strict deadlines. 
• May have staff assigned to them as it relates to project work.
• Assists with special projects and any other duties or assignments as requested by management.

This position description identifies the responsibilities and tasks typically associated with the performance of the position.  Other relevant essential functions may be required.

EDUCATION:

Bachelor’s Degree in Accounting, Finance, Business Administration or related field or the equivalent in relevant coursework and experience.  CPA or Master’s degree in Accounting, Finance or Business Administration preferred. 

EXPERIENCE: 

Six years experience in related field with extensive background in financial analysis and reporting (internal/ external). Experience in leading projects, coordinating efforts that involve other people and demonstrated leadership skills. Experience in healthcare or insurance industry is considered a plus.

SKILLS/KNOWLEDGE/ABILITIES (SKA) REQUIRED: 

• Excellent verbal and written communication skills to effectively convey financial information to financial and non-financial individuals.
• Excellent analytical, organizational, and problem solving skills, and the ability to investigate, identify and analyze financial, accounting and business issues. Strong Excel skills
• Strong human relations, analytical, problem solving, influencing and decision making skills required.
• Excellent project management and leadership skills required.
• General knowledge of PeopleSoft
• Knowledge of Medicare Advantage preferred
• Ability to work effectively independently and as part of a team.
• Account reconciliation knowledge preferred

WORKING CONDITIONS:

Work is performed in an office setting with no unusual hazards. 

The qualifications listed above are intended to represent the minimum education, experience, skills, knowledge and ability levels associated with performing the duties and responsibilities contained in this job description. 

Pay Range

Actual compensation decision relies on the consideration of internal equity, candidate’s skills and professional experience, geographic location, market and other potential factors. It is not standard practice for an offer to be at or near the top of the range, and therefore a reasonable estimate for this role is between $69,00 and $115,500.

We are an Equal Opportunity Employer.  Diversity is valued and we will not tolerate discrimination or harassment in any form. Candidates for the position stated above are hired on an "at will" basis.  Nothing herein is intended to create a contract.