Financial Analyst, Consultant

JOB DESCRIPTION Your Role Blue Shield’s Enterprise Administrative Expense Consolidation and Shared Service Finance Team, part of the Corporate Finance organization, focuses on the consolidation of total enterprise administrative and quality improvement expenses, Enterprise-wide and Finance Organization Strategic Planning, as well as providing financial planning and analytics to the corporate shared service entities of Finance, Law, People and Engagement and Corporate Accounts.
This is a dynamic team with broad responsibilities and very high visibility at the most senior levels of the organization.
The Financial Analyst, Consultant will report directly to the Director, Finance Analytics.
In this role you will be focused on reporting and analytics that will directly feed the Chief Financial Officer and Chief Operating Officer of Blue Shield enabling both short-term and long-term financial planning for the Corporate Portfolio budget.
This includes analysis of key strategic and regulator mandated initiatives to drive business results and steering financial performance toward Blue Shield goals.
This position will assist in developing, generating, and compiling executive reports, project financial business cases, graphs and presentations, performance analysis and reports, plans, forecasts, and other ad hoc requests.
Your Work In this role you will: Provide budget and financial support for the Enterprise’s Corporate Portfolio of projects Partner cross-functionally with the Project Management Organization, Operations and various other finance teams to effectively steer financial performance through monthly, quarterly and annual planning and governance activities Independently review and collaborate on development of business cases/Investment summaries for initiatives identifying costs, benefits, leading Return on Investment (ROI), Discounted Payback Period (DPP) and other metrics for business decisions Support portfolio with monthly/quarterly forecasting activities as needed Review spend, perform variance analysis, track spend against approved budgets and recommend action where appropriate.
Identify risks, opportunities, and solutions to meet financial goals Provide policy guidance and interpretation to ensure financial records are consistent and comply with company policies and GAAP Drive data-driven decision making by providing clear, concise, and accurate financial summaries and recommendations in support of achieving financial and operational targets Collect and evaluate data, develop, and maintain financial models, analyze results and conduct scenario analyses to forecast Follow and audit processes and review internal controls to ensure financial transactions are accurate, timely and comply with accounting standards, principles, and company policy QUALIFICATIONS Your Knowledge and Experience Bachelor's degree or equivalent experience 7 years of prior relevant experience (including month end accounting close processes such as Accruals, Reclasses) Experience with project management in Agile environment, funding and budgeting and knowledge of capitalization criteria desired Excellent analytical and problem-solving skills Demonstrated advanced proficiency with Microsoft Excel (Pivot Tables, VLookups), Word, Access, and PowerPoint Requires deep knowledge of Finance and Accounting typically obtained through advanced education combined with experience Expert command of Finance and Accounting principles Experience with specific systems key to the role (e.
g.
, Planview, Oracle) Excellent organization and command of details to work autonomously Pay Range: The pay range for this role is: $ 109120.
00 to $ 163680.
00 for California.
Note: Please note that this range represents the pay range for this and many other positions at Blue Shield that fall into this pay grade.
Blue Shield salaries are based on a variety of factors, including the candidate's experience, location (California, Bay area, or outside California), and current employee salaries for similar roles.
ABOUT THE TEAM Blue Shield of California’s mission is to ensure all Californians have access to high-quality health care at a sustainably affordable price.
We are transforming health care in a way that genuinely serves our nonprofit mission by lowering costs, improving quality, and enhancing the member and physician experience.
To fulfill our mission, we must ensure a diverse, equitable, and inclusive environment where all employees can be their authentic selves and fully contribute to meet the needs of the multifaceted communities we serve.
Our continued commitment to diversity, equity, and inclusion upholds our values and advances our goal of creating a healthcare system that is worthy of our family and friends while addressing health disparities, promoting social justice, and integrating health equity through our products, business practices, and presence as a corporate citizen.
Blue Shield has received awards and recognition for being a certified Fortune 100 Best Companies to Work, Military Friendly Employer, People Companies that Care, a Leading Disability Employer, and one of California’s top companies in volunteering and giving.
Here at Blue Shield, we strive to make a positive change across our industry and communities – join us! Our Values: Honest .
We hold ourselves to the highest ethical and integrity standards.
We build trust by doing what we say we're going to do and by acknowledging and correcting where we fall short.
Human .
We strive to be our authentic selves, listening and communicating effectively, and showing empathy towards others by walking in their shoes.
Courageous .
We stand up for what we believe in and are committed to the hard work necessary to achieve our ambitious goals.
Our Workplace Model: Blue Shield of California is dedicated to making work-life balance a reality.
Whether you prefer to work in an office or from home, we understand flexibility is more important than ever.
That’s why Blue Shield is a hybrid company, offering you the opportunity to decide where you can do your best and most meaningful work.
Two ways of working: Hybrid (our default) and office Hybrid – In a business unit approved office a few times per year to 3 days per week, on average Office – In a business unit approved office 4+ days a week, on average.
If the role you’re applying for is deemed an “Essential Role,” the company has determined that the role can only be performed in a Blue Shield office or in the field and would require your to meet the office worker classification.
Physical Requirements: Office Environment - roles involving part to full time schedule in Office Environment.
Due to the current public health emergency in California, Blue Shield employees are almost all working remotely.
Based in our physical offices and work from home office/deskwork - Activity level: Sedentary, frequency most of work day.
Equal Employment Opportunity: External hires must pass a background check/drug screen.
Qualified applicants with arrest records and/or conviction records will be considered for employment in a manner consistent with Federal, State and local laws, including but not limited to the San Francisco Fair Chance Ordinance.
All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or disability status and any other classification protected by Federal, State and local laws.