Senior Financial Analyst

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

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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: HR.Staffing@BCBSNC.com .