The hiring range for this role is:  

147,190.00 - 206,425.00

Drive successful financial performance for their business client groups through effective leadership of Financial Planning and Analysis for all aspects of BCBSA internal financial services. Provide strategic insight into the annual financial planning, budget, and analysis process for assigned client groups through appropriate understanding and monitoring of strategic business initiatives and determine best methods to deliver relevant and value-added financial modeling and analyses that supports executive decision making. Serve as a trusted business partner and financial advisor, providing proactive insight, analysis and rationale for business planning and key financial decision making to ensure the achievement of client strategic priorities and business objectives, while continuously improving and strengthening relationships and client satisfaction. Provide effective, timely, and accurate financial information and reporting to BCBSA senior leadership. Promotes and implements a culture of service, customer focus, cost effectiveness, talent development, continuous improvement and financial stewardship.

Primary Job Functions

• Financial Planning and Analysis: Planning, Budgeting, Forecasting - Provides leadership in support of the multi-year strategic and financial planning, budgeting, forecasting, and on-going monitoring of BCBSA's annual budget of $825 million to ensure alignment with BCBS North Star, strategic pillars, and priorities. Lead FP&A team members to ensure they are able to: a) Communicate and present complex financial analyses and strategies to senior leadership to facilitate day-to-day and long-term decision making, b) Lead the development of annual and long-range plans, including the annual planning and budgeting framework, strengthening business forecasts, and creating financial analytics and reporting to support actions around revenue, expense, resource planning, strategic prioritization, and capital investments, and c) Create, influence, and gain executive alignment on Governance financial materials, providing the business rationale that supports all financial information.

• Financial Analysis - Leads key financial consulting engagements by advising and creating business-driven financial analyses, ensuring alignment with business strategies, priorities, and financial goals and objectives. Analysis includes financial modeling and scenario planning to determine the financial viability of new and/or expanded business efforts including cost/value analyses, pricing alternatives, and funding models based on strategic direction, key financial inputs and objectives, and high-level business or market assumptions.

• Financial Reporting - Provide leadership and financial consulting to ensure business partners stay focused on achieving their strategic business priorities and financial goals, including successful budget achievement by: a) Leading monthly review sessions with senior leadership, business owners, steering committees, EPMO project managers and other key stakeholders, b) Identifying and developing key message points that support monthly budget variances, c) Identifying financial risk areas and action steps for mitigating, d) Ensuring staffing priorities are in-line with changing business priorities and organizational realignments, through resource tracking, reporting, and forecasting, e) Preparing various financial analyses and trend reporting that are used to provide information to senior leaders to facilitate business and financial decision-making and f) Collaborate and integrate with Human Resources, Procurement, and Finance Operations to deliver seamless end-to-end financial services and data reporting to all business clients.

• Direct oversight for - Hiring and developing staff to identify, mobilize, and deliver the right people, solutions, resources, and ideas to add value and exceed customer expectations. Guide, mentor, and support direct reports and other team members in setting and achieving their goals. Foster a collaborative and engaging work environment to effectively drive a culture of inclusion. Responsible for resolving conflicts, providing timely feedback, and ensuring that employees feel valued and motivated in their role. Leads by example to inspire others to embody BCBSA values and DEIB commitments.

Education, Experience and Certification

Required: Bachelor's degree in finance, business, or related field

Preferred: Master's degree in finance, business, or related field

Experience
Required:

• Minimum of 8 years of work experience, with progressive responsibility within a similar Finance or FP&A environment

• 5 years prior experience managing staff

Knowledge, Skills, and Abilities

• Previous leadership experience with a proven ability to provide counsel and recommendations on strategic development, cost/value of strategic investments, and development of business and financial models

• Previous experience using financial/accounting systems

• Strong business and financial analytical skills

• Strong leadership skills with demonstrated ability to plan, manage, and direct operational functions and effect change as needed

• Strong interpersonal and consulting skills, with demonstrated ability to grow and nourish trusted partnerships

• Extensive knowledge of Microsoft Office software (EXCEL, WORD, and POWERPOINT)

• Demonstrated strategic thinking and ability to negotiate solutions independently or collaboratively to problems

• Ability to develop and influence key stakeholders, both in the business organizations as well as within the Finance team, towards a common goal or objective

• Act as a thought leader to our customers by mobilizing the right people, resources, and ideas to deliver exceptional service

• Demonstrated experience in effectively communicating and collaborating with senior executives

• High degree of financial and business acumen

• Effective presentation and communications skills (oral and written)

Financial Responsibilities
Revenue Responsibility: No

Budget Responsibility: Yes

People Management: Yes

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