Note: The job is a remote job and is open to candidates in USA. CareFirst BlueCross BlueShield is seeking a Consultant for Financial Planning & Analysis to play a critical role in the analysis and execution of strategic initiatives. The role involves advising business unit leaders on fiscal matters, developing financial models, and supporting divisional business plan development.
Responsibilities
- Responsible for contribution to the development and analytical review of quarterly planning and budgeting
- Advises region/ business unit leaders on strategic fiscal matters to facilitate financial management throughout the organization
- Participate in regular meetings with leadership to review financial results in their area and act as an internal consultant on interpreting financial results, analyzing variances and improving performance
- Responsible to partner with and support divisional leader for divisional multi-year business plan development, support the development of value-based strategies and tools for re-engineering of financial processes including developing new performance metrics and profitability measurements while creating detailed driver-based financial models for new organic/inorganic business opportunities
- Partner with business stakeholders to gather and vet business case assumptions and underlying rationale
- Develop financial models related to pricing including pricing calculators and cost models
- Storyboard presentations and develop decks related to project outputs and other relevant topics for executive level presentation
- Conduct ad hoc financial analysis and market research to support projects
- Critically examine the opportunities, alternatives, project stages and financial investment in order to make a recommendation for the best course of action that will create business value
- Informs strategic financial planning by performing and evaluating financial, utilization and benchmark analytics
- Supports business-specific projects; supporting the development of work plans to meet business priorities and deadlines; ensuring team follows all procedures and policies; collaborating cross-functionally to make effective business decisions; escalating high priority issues and risks as appropriate; and recognizing and capitalizing on improvement opportunities
Skills
- Bachelor's Degree in Finance, Business Administration or related field OR in lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience
- 8 years experience in a finance or analytical role within the finance sector or quantitative analysis
- Ability to manage long-term projects meeting deadlines and ensuring compliance
- Ability to prepare ad-hoc analysis, experience studies and reports
- Must demonstrate flexibility, innovation and problem-solving skills and resourcefulness
- Ability to express technical and financial analysis in a clear, concise manner on both written and oral form
- Strong mathematical acumen with a solid understanding of financial and accounting principles
- Excellent communication and influencing skills, able to interface with senior leaders in the business
- Proficient in Excel, VBA, PowerPoint, and data analysis software (e.g., SAS, Access)
- Good analytical skills, highly detail oriented and a thorough understanding of general economic theory as it relates to the lending and business environment
- MBA/MS, preferably in a quantitative and analytical discipline
- Specific experience building Excel-based financial models
- Understanding of healthcare marketplace dynamics and healthcare financial and operational reporting
Benefits
- CareFirst offers a comprehensive benefits package
- Various incentive programs/plans
- 401k contribution programs/plans (all benefits/incentives are subject to eligibility requirements)
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