Job Description

Responsible for the preparation and review of the financial statements through the coordination of the month end close and reporting process. Responsible for gathering and analyzing complex financial information, evaluating accounting implications, and formulating recommendations for senior management based on findings. Provide technical guidance on accounting and fiscal procedures. Responsible for continuous improvement through the evaluation of accounting and reporting controls and the implementation of corrective action plans. Supports the implementation of projects to improve and/or facilitate accounting and reporting functions. Works with internal and external auditors and implementing recommendations, as applicable and fields internal and external inquiries, including those from external parties.

What You’ll Do

• Review journal entries and account reconciliations, assist with the monthly close activities, prepare schedules and other general accounting functions.

• Manage or perform functions related to accounting and or reporting on a GAAP/SAP basis.

• Participate in financial accounting issues resolution and process procedural changes.

• May be responsible for setup and maintenance of accounting system, chart of account, or other reporting and accounting sub-systems.

• Provide leadership, coaching, support & problem solving assistance, and knowledge transfer to others.

• Research financial and operating data (including technical accounting pronouncements, promulgated regulatory bulletins, and benchmarked industry information), prepares financial analyses and reports of findings and prepares recommendations to management,

• Perform due diligence reviews through detailed research of financial information. Review deal structures, evaluate accounting implications, and make recommendations as appropriate.

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

• Review financial statements and supporting documentation for GAAP/SAP monthly, quarterly, and annual reports for internal/external audiences.

• Work closely with other BCBS plans and the BCBSA to resolve accounting and reporting issues.

• Assist with audits by providing requested information to auditors and resolve issues and draft resolutions.

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

What You Bring   

• Bachelor's degree or advanced degree (where required)

• 5+ years of experience in related field.

• In lieu of degree, 7+ years of experience in related field.

Bonus Points 

• Familiarity with insurance-specific accounting concepts, including premium accounting, loss reserves, claims accounting, and reinsurance transactions.

• Advanced proficiency in ERP systems such as Oracle, SAP, Workday, or Microsoft Dynamics.

• CPA designation or progress toward obtaining CPA certification.

What You’ll Get 

• The opportunity to work at the cutting edge of health care delivery with a team that’s deeply invested in the community  

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

• Medical, dental, and vision coverage along with numerous health and wellness programs   

• Parental leave and support plus adoption and surrogacy assistance

• Career development programs and tuition reimbursement for continued education   

• 401k match including an annual company contribution   

• Learn more   

Where You’ll Work

Our Hybrid Flex approach is built on presence with a purpose – giving you flexibility to work remotely with intentional in-person connection – that supports a workplace that’s flexible, connected, and future focused.

In a Hybrid-Flex role, you’ll work in the office at least two days a week for collaboration and connection. In a Remote Flex role, you’ll work virtually, with a few in-office visits each year for meaningful moments that matter.

Whether your role is Hybrid Flex or Remote Flex depends on the nature of the work and distance from our Durham headquarters. We welcome candidates from outside the local area and in any states listed on this job posting. Onsite expectations will be discussed during the interview process.

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.

$81,068.00 - $129,708.00

Skills

Accounting, Accounting Functions, Accounting Journal Entries, Accounting Management, Accounting Processes, Accounting Records, Accounting System, Financial Accounting, Financial Documents, Financial Information, Financial Processes, Financial Reporting and Analysis, Financial Statement Analysis, General Accounting, Generally Accepted Accounting Principles (GAAP), Preparation of Financial Reports

_____________________________________________________________________

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.

About Us

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 company headquartered in Durham, North Carolina. We serve more than 4.3 million members, and we employ more than 5,000 people across the country who are passionate about making health care better for all.

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.

Authorization to Work in the United States

We use E-verify to confirm authorization to work in the United States. To learn more about E-Verify, including your rights and responsibilities, please visit E-Verify Overview for English or Visión General de E-Verify for Español.

Request Accommodations

Blue Cross NC provides reasonable accommodations to applicants with disabilities. If you need a reasonable accommodation for any part of the application, hiring process, or have technical issues that prevent you from completing your application please notify HR at HR.Staffing@bcbsnc.com.

Blue Cross NC is a Hybrid Flex company. Whether the role is Hybrid Flex or Remote Flex depends on the nature of the work and distance from our Durham headquarters. We welcome candidates from outside the local area and in any of our approved states:

Alabama, Arizona, Arkansas, Colorado, Florida, Georgia, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Mississippi, Missouri, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Wisconsin, and Wyoming