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Additional Locations:Full Time Remote - Alabama, Full Time Remote - Alabama, Full Time Remote - Arizona, Full Time Remote - Arkansas, Full Time Remote - Colorado, Full Time Remote - Florida, Full Time Remote - Georgia, Full Time Remote - Idaho, Full Time Remote - Indiana, Full Time Remote - Iowa, Full Time Remote - Kansas, Full Time Remote - Kentucky, Full Time Remote - Louisiana, Full Time Remote - Maryland, Full Time Remote - Michigan, Full Time Remote - Mississippi, Full Time Remote - Missouri, Full Time Remote - Ohio, Full Time Remote - Oklahoma, Full Time Remote - Pennsylvania, Full Time Remote - South Carolina, Full Time Remote - South Dakota, Full Time Remote - Tennessee, Full Time Remote - Texas, Full Time Remote - Utah {+ 2 more}Job DescriptionThe Cost Accounting Analyst builds, maintains, and improves the needed processes to generate effective and efficient financial, budget, forecasting and cost analysis work products to help the enterprise achieve its operating cost goals. Leverages experiences, knowledge, and financial analysis tools to generate and communicate meaningful financial insights on budgets, forecasts, actual expenses, cost allocations in the context of the enterprise’s changing business environment and various financial and cost drivers. Analyzes, communicates, and provides leadership in the context of highly complex business situations and arrangements, supporting and working directly with all management levels and functional experts across the company. Proactively and independently creates effective, efficient, and durable tools and mechanisms for the benefit of cost accounting goals and objectives. Provides leadership and knowledge-transfers to other team members by effectively handing off, cross-training, and communicating to maximize the ongoing effective use of developed tools.
Acts as a senior level subject matter expert in the financial analysis, budgeting, forecasting and/or cost allocation process for the division or cost centers assigned providing counsel on allocation and cost trends to Segment Owners, Segment Controllers, and all other levels of management.
Interacts with up to senior levels of management and key stakeholders to provide relevant costing and financial analysis information on a scheduled and an ad hoc basis.
Acts with a growth mindset to improve financial processes to create and optimize highly effective and efficient financial tools.
Delivers and effectively communicates analytics, processes, and management reporting. Shares knowledge to foster business unit management relationships and gain understanding and buy-in of the cause-and-effect relationships of cost center spending and product profitability.
Provides senior/advanced level skills for the design and validation of financial analysis, budgeting, forecasting and/or activity-based cost modeling for either the corporation or a significant corporate division in accordance with corporate costing goals as supplied by the Cost Accounting Manager.
Provides leadership, coaching, support and problem-solving assistance, and knowledge transfer to team members.
Works with key business partners to develop business models and proposals that support the department’s goals and objectives.
Develops methodologies to analyze activity and driver data efficiently and effectively for reasonableness to achieve costing accuracy and reliability throughout the year.
Hiring Requirements
Bachelor's degree in an analytical discipline such as Finance, Accounting, Mathematics, or Economics.
5+ years of experience in financial analysis or cost accounting in a large service organization with responsibility for corporate financial, budgeting, and costing model development and maintenance or equivalent experience in business analysis or planning and reporting.
Preferred Skills/Qualifications
Proven analytical skills dealing with finance related issues, including a solid knowledge of accounting principles, financial reporting, project management and internal controls.
Senior level skills and experience with financial systems (Workday financials experience is a plus).
Senior level ability to efficiently organize, leverage and extract information from large amounts of financial data.
Strong data analysis skillset.
Must have advanced working knowledge in Excel and experience building data models to create visualizations using Power BI or other such tools.
Working understanding of the health insurance industry with exposure to operating expense drivers and relationship.
Experience with audits, government contracting and CAS.
It's an exciting time to work at Blue Cross and Blue Shield of North Carolina (Blue Cross NC). Health care is changing, and we're leading the way. We offer more than health insurance our customers can count on. We’re committed to better health and better health care − in our communities and beyond. Our employees bring energy and creativity to the workplace, and it shows in our innovative approach to improving the health and well-being of North Carolinians.Blue Cross NC is a fully taxed, not-for-profit North Carolina company with major operations centers in Durham and Winston-Salem. We employ more than 5,000 people who are passionate about health care, and we serve more than 4.3 million members.Help us lead the charge for better health care by joining our award-winning team. Discover tremendous opportunities with us to do challenging and rewarding work. Opportunities that can lead you to a fulfilling career, work that can help others lead healthier, happier lives.E-VerifyOur company uses E-Verify to confirm the employment eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit E-Verify Overview (https://www.e-verify.gov/employees/e-verify-overview) for English or Visión General de E-Verify (https://www.e-verify.gov/es/empleados/vision-general-de-e-verify) for Español.Third Party Staffing AgenciesBlue Cross NC does not accept unsolicited resumes from any source other than directly from candidates. For the protection of all parties involved in the recruiting process, resumes will only be accepted from recruiters/agencies if a signed agreement is in place at the inception of the recruiting effort and authorized for a specific position. Unsolicited resumes sent to Blue Cross NC from recruiters/agencies do not constitute any type of relationship between the recruiter/agency and Blue Cross NC and do not obligate Blue Cross NC to pay fees if we hire from those resumes.
