Financial/Accounting Analyst II

Horizon BCBSNJ employees must live in New Jersey, New York, Pennsylvania, Connecticut or Delaware

Job Summary:

• Preparation, analysis and reporting of various financial activities, which may include: monthly, quarterly, and general ledger closing activities.
• Work independently in monthly general ledger close and analysis activities.Anticipate the process, plan the calendar and execute pro-actively.
• Business Partnerships to the lines of business assigned where applicable. This may include: analyzing spend activities, reconciling general ledger accounts and preparing monthly accruals and transactional journal entries, remediating data and quality issues.
• Assigned to at least 1-2 special projects involving SGA enhancements, Internal Audit, new product development, medical cost ratio, investment, cash flow, billing or any business initiative as assigned by leadership.
• Create an annual process, facilitate the meetings, gather the data and build independent meetings with the business they support.
• Prepare ad hoc analysis and benchmarking for assigned divisions or companies including analyzing raw financial data as well as compiling reports, graphs and presentations.
• Conduct financial and operational analysis to provide meaningful inputs for decision making. Analysis may include: Analysis of Rx Rebates; assist in preparation of statutory and regulatory disclosures at a consolidated and standalone entity level; assist in analysis on certain delegated vendors supporting the calculations and payment of those activities (ie. Evicore, NIA, Navahealth).
• Ensure compliance by following, researching and interpreting guidance and documenting principles and issues related to transactions in different areas of finance.
• Preparing managerial reporting as appropriate (e.g. divisional reports, scorecards and regulatory reports including: assisting in reporting of DMHAS requirements which drives Medicaid capitation rates; BCBSA financial reporting including value based analysis and reporting; FEP reporting and analysis in accordance with the requirements of the BCBSA Directors office as well as the Federal Office of Personnel Management.
• Act as an interface and support internal and external audits, review activity and communicate guidelines, as needed.
• Variance analysis reports and financials; exhibit awareness of managerial reporting requirements and know when to escalate discrepancies or issues to senior colleagues.
• Conduct basic financial and operational analysis to provide meaningful inputs for decision making. Understand and educate customers on Horizon's budgeting and general ledger closing processes and build understanding of gross margin and profitability and entity level business operations.

Disclaimer:
This job summary has been designed to indicate the general nature and level of work performed by colleagues within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of colleagues assigned to this job.

• High School Diploma/GED required.

• Requires a minimum of 2-4 years of finance experience, preferably in Financial Reporting, Forecasting or Accounting.

• Prefer previous experience working for a large Corporation with revenue in excess of $100M.

• Preferred software knowledge, Financial Systems Workday, Oracle, SAS and Microsoft Suite: Excel, Word, Access, Project, etc.

• CPA or other healthcare specific financial certifications preferred.

• Requires knowledge of general accounting principles and methods; prefer knowledge of both Generally Accepted Accounting Principles (GAAP) and Statutory Accounting principles (SAP).

• Understanding of accounting principles to maintain general ledger (e.g., double entry system, processing of transactions, preparation of schedules, reports, documentation, etc.).

• An understanding of internal and external accounting standards and adheres to policies, procedures, and financial controls.

• Strong analytical skills, business acumen and problem-solving skills.

• Excellent communication and interpersonal skills.

• Strong working experience with Excel.

• Adaptability and ability to work in a complex matrix environment.

• Experience with current Horizon systems and software a plus.

Salary Range:

This compensation range is specific to the job level and takes into account the wide range of factors that are considered in making compensation decisions, including but not limited to: education, experience, licensure, certifications, geographic location, and internal equity. This range has been created in good faith based on information known to Horizon at the time of posting. Compensation decisions are dependent on the circumstances of each case. Horizon also provides a comprehensive compensation and benefits package which includes:

• Comprehensive health benefits (Medical/Dental/Vision)

• Retirement Plans

• Generous PTO

• Incentive Plans

• Wellness Programs

• Paid Volunteer Time Off

• Tuition Reimbursement

Horizon Blue Cross Blue Shield of New Jersey is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or status as an individual with a disability and any other protected class as required by federal, state or local law. Horizon will consider reasonable accommodation requests as part of the recruiting and hiring process.