Hybrid Financial Coordinator- Medicare Advantage at Blue Cross Blue Shield of Michigan Mutual Insurance Company
Blue Cross Blue Shield of Michigan Mutual Insurance Company · Detroit, United States Of America · Hybrid
- Senior
- Office in Detroit
SUMMARY:
This position is responsible for monitoring, analyzing, and reporting financial information including revenues, expenses, trends and/or program profitability by division, customer, or product segments. This role is also responsible for preparing journal entries, financial analysis and reconciliations that support prospective business decisions. This position may lead or work with a team (within the department or across multiple departments) to complete assigned projects.
RESPONSIBILITIES/TASKS:
- May oversee decision 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 claims data, general ledger transaction activity, settlement activity, membership, billing and revenue activity, and audit findings.
- Prepares and publishes various financial reports and/or statements for management outside the department and/or parties’ external to the Company (e.g., auditors, customers, providers,).
- Identifies, based on information in financial reports, areas where additional analysis is needed and investigates these issues independently.
- Review financial information prepared by other accounting staff members and customers for accuracy and completeness. Information may include budgets, business cases, impact studies, audit findings. Edits, corrects, and revises as appropriate.
- Drafts policies and procedures for department and/or division to help assure clarity in the department and/or divisional practices and adequate internal controls.
- Interfaces with various departments, and senior management.
- Represents leadership staff at meetings in their absence.
- Responsible for assignments that frequently involve strict deadlines.
- May have staff assigned to them as it relates to month-end close and/or project work.
- Assists with special projects and any other duties or assignments as requested by management.
OTHER SKILLS AND ABILITIES:
- Excellent verbal and written communication skills to effectively convey financial information to financial and non-financial individuals.
- Excellent analytical, organizational, and problem-solving skills, and the ability to identify and analyze accounting and business issues
- Advanced Microsoft Office Suite and Access skills are required.
- Strong human relations and decision-making skills required.
- Excellent project management and leadership skills required.
- General knowledge of Oracle Cloud / Fusion or similar general ledger system
- Knowledge of Medicare Advantage preferred
- Ability to effectively work independently and as part of a team.
- Preparation of journal entries experience and account reconciliation knowledge required
EDUCATION:
Bachelor’s Degree in Accounting or related field or the equivalent in relevant coursework and experience. CPA or Master’s degree in Accounting, Finance or Business Administration preferred.
EXPERIENCE:
(4) to (6) years experience in related field with extensive background in financial analysis and reporting (internal/ external). Experience in leading projects, coordinating
efforts that involve other people and demonstrated leadership skills. Experience in healthcare or insurance industry is considered a plus.