Financial Coordinator - Scenario Modeling & Stakeholder Relations - FIN000BD
DESCRIPTION/RESPONSIBILITIES:
Department Specific Summary:
As a Financial Coordinator - Scenario Modeling & Stakeholder relations, the candidate is required to have a high level of organizational understanding in order to drive valuable scenario insights. Sound finance and accounting skills will be necessary in order to properly understand and assess statutory accounting implication during scenario modeling. Third party relationship management responsibilities include taking a proactive approach in leading BCBSM reporting requirements. Strong organizational skills and attention to detail will be necessary in order to effectively and accurately meet reporting deadlines.
Description:
Responsible for monitoring, analyzing and reporting financial information including revenues, expenses, trends and/or program profitability by division, customer or product segments. Also responsible for preparing financial analysis and modeling that supports prospective business decisions. Leads or works with a team (within the department or across multiple departments) to complete assigned projects. Works within strict deadlines and under little or no supervision.
* Oversees decision support oriented 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, external benchmark data and external audit findings.
* Prepares and publishes various financial or regulatory reports and/or statements for management outside the department and/or parties' external to BCBSM (e.g. auditors, customers, providers, BCBSA, FEP, NAIC, OFIS, Standard & Poor's, and AM Best).
* Identifies, based on information in financial or regulatory reports, areas where additional analysis is needed and investigates these issues independently.
* May review financial information prepared by other financial staff members and customers for accuracy and completeness. Information may include budgets, business cases, impact studies, audit findings, footnotes and regulatory schedules. Edits, corrects and revises as appropriate.
* Drafts policies and procedures for department and/or division to help assure clarity in department and/or divisional practices and adequate internal controls.
* Interfaces with various departments, senior management and individuals' external to BCBSM.
* Represents leadership staff at meetings in their absence.
* Responsible for assignments that frequently involves strict deadlines.
* May have staff assigned to them as it relates to project work.
* Assists with special projects and any other duties or assignments as requested by management.
* Other duties may be assigned.
All qualified applicants will receive consideration for employment without regard to, among other grounds, race, color, religion, sex, national origin, sexual orientation, age, protected veteran status or status as an individual with a disability *LI-AH1
EOE/Minority/Female/Disabled/Veteran