Finacial Analyst- Finance Rotational Program at Blue Cross Blue Shield of Michigan in Detroit, Michigan

Posted in Other 9 days ago.





Job Description:

Financial Analyst- Finance Rotational Program Blue Cross Blue Shield of Michigan



Program Specifics:


Blue Cross Blue Shield of Michigan's finance rotation role is a 2.5-year opportunity that facilitates the transition from college to a full-time finance career at Blue Cross.

In this program as a financial analyst, you will be assigned to 5 six-month assignments with the opportunity to work in multiple financial disciplines, such as accounting, finance, underwriting and treasury. Working with multiple financial disciplines will equip you with a well-rounded experience to build foundational knowledge to be leveraged throughout your career.

At the conclusion of the rotational role, analysts will transition to a position within a segment of finance where they find their passion best compliments the need of the business.


Financial Analyst Job Description:



Responsible for monitoring, analyzing and reporting financial information. These duties may include variance analysis tied to business operational metrics, account reconciliation and preparation of various financial reports and financial statements. Also, responsible for resolving customer inquiries and problems through ad-hoc problem solving.

  • Assists with the preparation of various financial information such as budgets, department performance measures, impact studies and business cases to allow for timely, accurate and meaningful decision support.
  • Assists with 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).
  • Processes financial transactions including journal entries, invoices, cost allocations, recovery cases, escheats, etc. and reconciles account activity to the general ledger.
  • Responds to customer inquiries and resolves problems.
  • Interfaces with various departments and management.
  • Responds to adhoc requests and inquiries.
  • Performs other assignments, duties or functions as assigned by management.

Qualifications

  • Bachelor's Degree in Business, Accounting, Finance or related field required.
  • Zero (0) to two (2) years' experience in related field.
All qualified applicants will receive consideration for employment without regard to, among other grounds, race, color, religion, sex, national origin, sexual orientation, age, gender identity, protected veteran status or status as an individual with a disability.
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