Financial Reporting Analyst I

Are you ready to make a difference? Choose to work for one of the most trusted companies in Kansas. Why Join Us? Make a Positive Impact: Your work will directly contribute to the health and well-being of Kansans. Family Comes First : Total rewards package that promotes the idea of family first for all employees. Paid vacation and sick leave with paid maternity and paternity available immediately upon hire Professional Growth Opportunities: Advance your career with ongoing training and development programs. Dynamic Work Environment: Collaborate with a team of passionate and driven individuals in a work environment that promotes flexibility. Trust and Stability: Work for one of the most trusted companies in Kansas with over 80 years of commitment, compassion and community. Inclusive Work Environment: We pride ourselves on fostering a workplace where everyone is valued and respected. Benefits & Perks Base compensation is only one component of your competitive Total Rewards package Incentive pay program (EPIP) Health/Vision/Dental insurance 6 weeks paid parental leave for new mothers and fathers Fertility/Adoption assistance 2 weeks paid caregiver leave 401(k) plan matching up to 5% Tuition reimbursement Health & fitness benefits, discounts and resources Job Summary The Financial Reporting Analyst I prepares and supports the filing of quarterly and annual GAAP and statutory-basis financial statements, MD&A and related exhibits. This position is also responsible for performing the U.S. statutory-basis accounting for certain balances, including review of supporting analysis and preparing journal entries and analysis as needed to adjust from GAAP to STAT reporting. This role may review supporting analysis and prepare journal entries and analysis as needed to adjust from GAAP to STAT reporting, as well as assist in preparation and coordination of annual/quarterly financial and regulatory audits. “This position is eligible to work remotely, hybrid or onsite in accordance with our Telecommuting Policy. Applicants must reside in Kansas or Missouri or be willing to relocate as a condition of employment.” What you’ll do Assist in preparing monthly, quarterly, annual financial reports, MD&A, and related exhibits, including basic variance analysis and key performance indicators. Support the preparation of quarterly and annual statement filings and related external reporting requirements. Contribute to and participate in preparing annual/quarterly financial statement audit requirements. Monitor financial performance and assist in identifying trends or potential risks. Collaborate with team members and cross-functional teams to gather and analyze financial data for reporting purposes. Ensure compliance with financial regulations and company policies. Participate in ad hoc financial analyses and special projects as needed. Stay current with industry trends, emerging financial practices, and regulatory changes. What you need Knowledge/Skills/Abilities: Understanding of generally accepted accounting principles (GAAP) and statutory accounting principles (STAT). Specialized knowledge of costing, line of business, and governmental accounting is needed for certain aspects of this role. Strong attention to detail and accuracy in recording financial transactions. Excellent analytical and problem-solving skills. Proficiency in accounting software and Microsoft Excel. Strong organizational and time-management abilities. Effective verbal and written communication. Ability to manage multiple priorities, meet deadlines, and work both independently and collaboratively in a team environment. Education and Experience: Bachelor’s degree in Finance, Accounting, Economics, or a related field required 0-3 years of relevant experience in financial accounting or a related field. Physical Requirements: Normal office environment. Ability to work on a computer for extended periods. Compensation $64,400-80,500 annually Exempt Grade 14 Blue Cross and Blue Shield of Kansas offers excellent competitive compensation with the goal of retaining and growing talented team members. The compensation range for this role is a good faith estimate, it is estimated based on what a successful candidate might be paid. All offers presented to candidates are carefully reviewed to ensure fair, equitable pay by offering competitive wages that align with the individual's skills, education, experience, and training. The range may vary above or below the stated amounts. Our Commitment to Connection and Belonging At Blue Cross and Blue Shield of Kansas, we are committed to fostering a culture of connection and belonging, where mutual respect is at the foundation of our workplace. We provide equal employment opportunities to all individuals, regardless of race, color, religion, belief, sex, pregnancy (including childbirth, lactation, and related medical conditions), national origin, age, physical or mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military or veteran status, family or parental status, or any other characteristic protected by applicable law. Blue Cross and Blue Shield of Kansas conducts pre-employment drug screening, criminal conviction check, employment verifications and education as part of a conditional offer of employment.