Financial Analyst is responsible for financial planning, budgeting, analysis, and reporting activities supporting the Capital Blue Cross Federal Employee Program (FEP). This role will also support administrative expenses, cost allocations, cost submissions, financial reporting, variance analysis, reporting requirements, and audits. The Financial Analyst will leverage their accounting, finance, and business experience to support to various internal and external stakeholders.

• Perform budgeting, reporting, and operational metrics tracking
• Reporting on financial performance and preparation for regular leadership reviews
• Analyze past results, perform variance analysis; identify trends, and make recommendations for improvements
• Evaluate financial performance by comparing and analyzing actual results with plans
• Guide cost allocation and analysis process
• Recommend actions by analyzing and interpreting data and making comparative analyses; study proposed changes in methods and materials
• Identifying and driving process improvements, including the creation of standard and ad-hoc reports and tools
• Key member supporting annual audit requirements
• Performs ad hoc reporting and other duties as assigned

Skills:

• Strong interpersonal and communication skills, including written and oral
• Ability to build productive relationships
• Self-starter with the ability to streamline functions and passion to learn and grow
• Proficiency with Microsoft Excel is required; familiarity with data query/data management tools (Access) extremely helpful
• Strong financial analysis foundation creating forecasts and models
• Strong fluency with Excel formulas and functions
• Comfort dealing with ambiguity and ability to work independently
• Excellent analytical and data gathering skills

Knowledge:

• Strong business acumen, knowledge of financial modeling and techniques

Experience:

• 3 years of business finance or other relevant experience. Federal Employee Program (FEP) experience preferred

Education and Certifications:

• Bachelor’s degree in accounting/finance/economics or related field

Location: 

• This position is classified hybrid, which requires onsite work on Tuesdays and Wednesdays. 

Physical Demands:

• While performing the duties of the job, the employee is frequently required to sit, use hands and fingers, talk, hear, and see.
• The employee must be able to work over 40 hours per week. 
• The employee must occasionally lift and/or move up to 5 pounds.

Other:

• Travel on an as needed basis for external training

 

We recognize that work is a part of life, not separate from it, and foster a flexible environment where your health and wellbeing are prioritized. At Capital you will work alongside a caring team of supportive colleagues and be encouraged to volunteer in your community.  We value your professional and personal growth by investing heavily in training and continuing education, so you have the tools to do your best as you develop your career. And by doing your best, you’ll help us live our mission of improving the health and well-being of our members and the communities in which they live.