Director, Accounting - Financial Reporting and Systems (Hybrid)

Blue Cross and Blue Shield Association

Baltimore, MD

JOB DETAILS
SALARY
$150,800–$279,923 Per Year
SKILLS
Accounting, Accounting Close, Accounting Policies, Accounting Standards and Regulations, Analysis Skills, Auditing, Budget Management, Certified Public Accountant (CPA), Coaching, Communication Skills, Contract Analysis, Corporate Finance, Corporate Policies, Customer Support/Service, Data Processing, Data Quality, Establish Priorities, External Audit, Federal Government, Federal Laws and Regulations, Finance, Financial Analysis, Financial Audit, Financial Control, Financial Management, Financial Policies, Financial Reporting, Financial Statements, Financial Systems, Financial Trend Analysis, General Ledger Accounting, Generally Accepted Accounting Principles (GAAP), Government Regulations, Health Insurance, Healthcare, Human Resources Processes, Identify Issues, Interpersonal Skills, Leadership, Operations Processes, People Management, Performance Metrics, Presentation/Verbal Skills, Problem Solving Skills, Set Goals, Team Player, Time Management, Training/Teaching, Workplace Issues, Writing Skills
LOCATION
Baltimore, MD
POSTED
30+ days ago

RESP & QUALIFICATIONS

Director of Accounting is considered part of the Finance & Accountings Leadership Team and an expert in their field. The position will supervise one or more departments in their functional area and is expected to demonstrate all the leadership behaviors set forth by the Company in the manner in which they lead. Incumbent is responsible for maintaining strong financial internal controls and drive decisions that impact the Finance & Accounting organization. Additionally, this position is considered a visible resource across the enterprise, including members of the executive leadership team.

ESSENTIAL FUNCTIONS

Direct the management of the monthly closing of the financial systems, recording of accruals and reserves as appropriate, ensuring that all activities are executed in a timely manner and in accordance with associated accounting policies, procedures, and guidelines. This function includes control over both the GAAP and STAT general ledger production and required analysis to ensure complete and accurate monthly financial statements.

Directs and coordinates the successful completion of external audits.

Orchestrate the preparation and presentation of the analysis of the monthly financial results with emphasis on key performance indicators and actual versus plan results for presentation to Executive management.

Direct the needed research and analysis in response to special projects and ad-hoc requests related to the organizations financial performance, including analysis of individual company results, product segment income, and care results and trends.

Establish a close working relationship with operations to provide information on the trending and issues related to financial results. Communicate findings to management through written and oral presentations.

Continual monitoring and assessment of the analytical tools and reports utilized with a focus on systems and process enhancements supporting financial management of the company.

Direct the investigation of any unusual trends or potential issues to assure data integrity and identify business issues as appropriate.

Coordinate the development and implementation of internal accounting controls. Establish, organize, and communicate accounting control policies and procedures. Ensure that accounting processes and operational functions are designed effectively to meet standard internal and GAAP controls and are implemented and consistently performed for all related Controller activities.

Direct and manage departmental staff through goal setting, guidance, support, coaching, and feedback consistent with corporate HR policies and practices. Prioritize and assign goals and projects, resolve employee issues, and provide developmental opportunities.

Produce and manage departmental budget.

SUPERVISORY RESPONSIBILITY

This position manages people.

QUALIFICATION

Education Level: Bachelors Degree in Accounting, Finance, Business, or relevant field OR In lieu of a Bachelors degree, an additional 4 years of relevant work experience is required in addition to the required work experience.

Licenses: Certified Public Accountant (CPA) or CPA eligible to sit for CPA exam

Experience: 8 years progressively responsible accounting and auditing experience 3 years management experience

Preferred Qualifications:

Experience with a health insurance organization Familiarity with Statutory Accounting Standards Familiarity with Federal Government Regulations

Knowledge, Skills, and Abilities (KSAs):

Exceptional in-depth knowledge of the fundamental doctrines, theories, principles, and terminology of accounting.

Ability to analyze contractual agreements and an understanding of data processing functions and system interfaces.

Demonstrated leadership in applying and managing accounting standards and corporate financial policies.

Strong interpersonal skills, a team-oriented perspective, and ability to deal effectively with personnel at all levels of the organization.

Ability to train and effectively develop department staff.

Excellent written and oral communication skills to present issues and conclusions to a diverse audience.

Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers within set expectations for service excellence.

Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging.

Salary Range: $150,800 - $279,923

Salary Range Disclaimer: The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. This compensation range is specific and considers factors such as but not limited to the scope and responsibilities of the position, the candidates work experience, education, training, internal peer equity, and market and business consideration. It is not typical for an individual to be hired at the top of the range as compensation decisions depend on each cases facts and circumstances, including but not limited to experience, internal equity, and location.

In addition to your compensation, CareFirst offers a comprehensive benefits package, various incentive programs, and 401k contribution programs. All benefits and incentives are subject to eligibility requirements.

Department: Office of the CAO

Equal Employment Opportunity: CareFirst BlueCross BlueShield is an Equal Opportunity EEO employer. It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

Where to Apply: Please visit our website to apply: www.carefirst.com/careers

Federal Disclosure: The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on Federal health care programs.

Physical Demand: The associate is primarily seated while performing the duties of the position. Occasional walking or standing is required. The hands are regularly used to write, type, key, and handle or feel small controls and objects. The associate must frequently talk and hear. Weights up to 25 pounds are occasionally lifted.

Sponsorship in US: Must be eligible to work in the U.S. without Sponsorship

About the Company

B

Blue Cross and Blue Shield Association

At the Blue Cross and Blue Shield Association (BCBSA), we provide business strategy, technical support and consulting expertise to 36 Blue Cross and Blue Shield companies across the nation, employing more than 1,000 of the best strategic thinkers in the industry. We are a Brand manager that sets quality control standards for the 36 independent companies that use the Blue Cross and Blue Shield Brands, and we serve as a trade association that represents these Blue companies. It is through our involvement that the Blues companies share a united vision and strategy while also benefiting from the local strength of all member companies.
COMPANY SIZE
2,000 to 2,499 employees
INDUSTRY
Insurance
WEBSITE
https://www.bcbs.com/about-us/careers