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Blue Cross Blue Shield of Michigan · 20 hours ago

Sr Financial Analyst

600 E Lafayette Blvd, Detroit, MI, 48226, US

Full-time

Onsite

Mid, Senior Level

2+ years exp

Blue Cross Blue Shield of Michigan is seeking a Senior Financial Analyst to monitor, analyze, and report financial information. The role involves preparing financial reports, performing variance analysis, and assisting with regulatory reporting.

Health CareHealth Insurance

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Responsible for monitoring, analyzing and reporting financial information including revenue and expenses by account, customer and product segments

Prepares financial information and reviews for accuracy and completeness

Performs detailed analysis when necessary

Other deliverables may include account reconciliations, impact studies, audit findings, budgets and business cases

Assists with the preparation of various financial or regulatory reports and/or statements for management and/or parties external to BCBSM (e.g., auditors, customers, providers, BCBSA, FEP, OFIS, etc)

Prepares 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 financial statements detail, corporate, division and cost center BPR information, cost allocation information, general ledger transaction activity, settlement activity, membership, billing and revenue activity

May process financial transactions including journal entries, invoices, cost allocations, etc

Assists with drafting of policies and develops desk level procedures for the department to help assure clarity in department practices and adequate internal controls

Interfaces with various departments, management and individuals' external to BCBSM

Responds to adhoc requests and inquiries

Performs other assignments, duties or functions as assigned by management

Qualification

AccountingFinancial AnalysisGAAPPeopleSoftExcelAnalytical SkillsOrganizational SkillsProblem SolvingCommunication Skills

Required

Bachelor's Degree in Accounting, Finance or related field required

Two (2) to four (4) years experience in related field

Strong analytical, organizational and problem solving skills

Good verbal and written communication skills

Ability to work under general supervision in an environment where there are certain deadlines

Proficient in current industry standard PC applications and systems (e.g., Excel, Word, etc.)

Working knowledge of PeopleSoft general ledger and mainframe systems

General knowledge of Generally Accepted Accounting Principles (GAAP)

Other related skills and/or abilities may be required to perform this job

Company

Blue Cross Blue Shield of Michigan

Glassdoor3.9

We commit to being our members’ trusted partner by providing affordable, innovative products that improve their care and health.

Founded in 1929

Detroit, Michigan, USA

5001-10000 employees

http://www.bcbsm.com/

H1B Sponsorship

Blue Cross Blue Shield of Michigan has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (59)

2024 (49)

2023 (38)

2022 (58)

2021 (74)

2020 (60)