Blue Cross NC Foundation: Financial Accounting & Reporting Analyst

Job Description

As the Financial Accounting & Reporting Analyst for the Blue Cross NC Foundation, you will support the grantmaking work of the BCBSNC Foundation by ensuring timely and accurate payments of grants and expenses, production of accurate, quality and timely GAAP and statutory financial reporting; ensuring adherence to financial accounting controls and polices; coordinating the monthly, quarterly and yearly close; and coordinating general ledger maintenance. Our ideal team member will thrive in and contribute to a collaborative environment, working cross-functionally to support the critical areas of finance and operations. In conjunction with the Operational Excellence Project Manager and other internal and external partners, the Financial Accounting & Reporting Analyst implements and oversees projects to improve and/or facilitate accounting and reporting functions and manage aspects of the Foundation's operations. This position reports to the Foundation Vice President, Finance & Operations.

Success in this position requires sound financial expertise, attention to detail, innovative use of technology, and a willingness to collaborate across the division and with corporate to ensure the timely and accurate management of foundation resources.

WhatYou'llDo

• Designs, recommends, implements,maintainsand monitors financial accounting and reporting processes,policiesand systems.Continuously focuses on processes to improve and to simplify the financial accounting and reporting process.

• Ensurefinancial accounting and reporting controls and maintain a high degree of accuracy. Emphasizes a culture of accountability.

• Collaborate with management on the developmentof the annual budget.

• Performs and/orreviewsaccounting policy research efforts related to Statutory Accounting Principles and presents results to senior finance leadership.

• Manage the day-to-dayaccounting processes includingaccounts payable, expensereimbursements,and wire transfersensuring adherence to Foundation policiesandin accordance withbudget.

• Lead vendor management process ensuringcollection ofappropriate dataand tax compliance documents.Manage relationships with vendors, consultants, and grantees to provide insight and ongoing support related to the Foundation's financial processes and respond to inquiriesin a timely manner.

• Prepare journal entries and account reconciliations,assistwith the monthly closeactivities, prepareschedulesand other general accounting functions.

• Manage or perform functions related to accountingand orreporting on a GAAP/FASBbasis. Research and or analyze financial/operating data toidentifyandsolution challengesimpactingbusiness unit(s), and act as a reference on these challenges for others in accounting.

• Initiate projects to improve processes/controls, partner with project teams to ensure resolution of project/post-project issues and participateoncross-functional projects as a finance representative.

• Responsible for setup and maintenance of accounting system, chart of account, or other reporting and accounting sub-systemsensuring thatall financial transactions are reportedaccurately and in line with budget.

• Performstimelyandaccurateaccountand systemreconciliations, Monitors resolution of reconciling items ona timelybasis.

• Contribute toaccountingrelated presentations to team.

• Responsible for preparation of GAAP/FASBmonthly, quarterly, and annual reports for internal/external audiencesincluding 1099 dataandsupporting information for tax returnssound fi.

• Collaborate with colleagues ingrantsmanagement and operational excellence toensurethatgrants andcontractspaymentscomply withlegal agreements.

• Assistswith internal and external audits; coordinatestimelyrelease ofappropriate information; responds to audit reports and initiates follow-up activities for action items to ensure compliance.

• Maintain and enhance internal controls and perform self-testing.

What You Bring

• Bachelor's degree or advanced degree (whererequired)

• 8+ years of experience in relatedfield.

• In lieu of degree, 10+ years of experience in related field.

Bonus Points

• Master's Degree in Accounting, preferred

• Nonprofit accounting experience, 3+ years, preferred

• Proficient technology skills in MS Excel, Accounting G/L, and an innovative approach to solvingproblemsthrough technology.

• Prior experiencewithBlackbaud, Bill.com,FastFund,andWorkiva

WhatYou'llGet

• The opportunity to work at thecutting edgeof health care delivery with a teamthat'sdeeply invested in the community

• Work-life balance, flexibility, and the autonomy to dogreat work

• Medical, dental, and vision coverage along withnumeroushealth and wellness programs

• Parental leave and support plus adoption and surrogacyassistance

• Career development programs and tuition reimbursement for continued education

• 401k match including an annual company contribution

• Learn more

Salary Range

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications and other business and organizational needs.Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs.

*Based on annual corporate goal achievement and individual performance.

$107,901.00 - $172,642.00

Skills

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JOB ALERT FRAUD: We have become aware of scams from individuals, organizations, and internet sites claiming to represent Blue Cross and Blue Shield of North Carolina in recruitment activities in return for disclosing financial information. Our hiring process does not include text-based conversations or interviews and never requires payment or fees from job applicants. All our career opportunities are published on https://bcbsnc.wd5.myworkdayjobs.com/en-US/BCBSNC. If you have already provided your personal information that you suspect is fraudulent activity, please report it to your local authorities. Any fraudulent activity should be reported to: HR.Staffing@BCBSNC.com.