Senior EIT Budget Analyst

We are hiring a Sr. EIT Budget Analyst to join our Enterprise Information Technology Finance team at BlueCross BlueShield of Tennessee!

In this role, you will help manage EIT’s overall budget, including budget preparation, analysis, reporting, loading, and annual planning, while partnering closely with EIT managers and leadership. You’ll use your accounting and budgeting knowledge to interpret technology contracts, understand renewal and invoice impacts, and help managers understand how technology purchases and expenses affect their budgets. You will also work with data from multiple financial and budgeting systems, using Excel to analyze information and translate complex financial and technology details into clear, actionable insights that support informed decision-making across EIT.

Ideal candidates for the role will have:

• Accounting and budgeting knowledge with experience analyzing financial data.
• Experience reviewing or interpreting contracts and understanding their financial and budget impacts.
• Strong analytical skills and attention to detail, with the ability to dig into complex data and summarize findings for managers and executive leadership.
• Experience with Excel and working with data from multiple systems.
• The ability to work directly with business and technology leaders and translate financial and technical information into meaningful, actionable insights.

Preferred qualifications:

• Prior experience supporting IT or technology-related budgets and contracts.
• Experience with large ERP systems such as Workday, PeopleSoft, and/or other comparable systems.
• Experience with procurement, contracting, and budget planning systems, such as TM1 or similar tools.

• Understanding of technology expenses, including the distinction between capital purchases and maintenance expenses.
• Experience working with contract renewals, invoices, requisitions, or related financial processes.
• Comfort learning and navigating new financial and technology systems.

Note:

• This is a remote, work-from-home position, but the final round of interviews will take place on-site in our Chattanooga, TN office.
• Sponsorship is not available for this role.

Job Responsibilities:

• Oversees accurate and timely program/project level cost accounting by defining processes that enable visibility of project financial health.
• Supports the annual budgeting and training processes, reforecasts EIT divisional spend monthly, and develops asset/capital management processes to adhere to accounting guidelines.
• Supports Oversight of EIT Contracts coordination and tracking for timely renewals and variance to EIT budget.
• Ensures accuracy of EIT divisional monthly journal entries/accruals prepared by junior staff and supports the invoice review, approval, and tracking processes.
• Oversees the preparation of complex financial reports that are presented to the EIT leadership team.
• Effective communication with multiple levels of the EIT and BCBST organization.

Job Qualifications

Education

• Bachelor's degree in Accounting, Finance, Economics, Math or related field required

Experience

• 5 years - Experience in accounting, finance or project analysis required
• Experience with Database reporting utilizing Financial Systems like Workday,

Skills/Certifications

• Basic accounting knowledge regarding the (GAAP) General Accepted Accounting Principles Advanced knowledge of basic financial concepts, such as transactions, accruals, etc.
• Excellent oral and written communication skills
• Strong analytical skills with sound statistical and/or business acumen.
• Excellent critical thinking, solution-oriented skills
• Strong customer service and team acumen

• Experience with Database reporting utilizing financial systems like Workday and Cognos/TM1

• Proficient in Microsoft Office (Outlook, Word, Excel and PowerPoint)
• Ability to manage multiple projects and priorities

Number of Openings Available

1

Worker Type:

Employee

Company:

BCBST BlueCross BlueShield of Tennessee, Inc.

Applying for this job indicates your acknowledgement and understanding of the following statements:

BCBST will recruit, hire, train and promote individuals in all job classifications without regard to race, religion, color, age, sex, national origin,citizenship, pregnancy, veteran status, sexual orientation, physical or mental disability, gender identity, or any other characteristic protected by applicable law.

Further information regarding BCBST's EEO Policies/Notices may be found by reviewing the following page:

BCBST's EEO Policies/Notices

BlueCross BlueShield of Tennessee is not accepting unsolicited assistance from search firms for this employment opportunity. All resumes submitted by search firms to any employee at BlueCross BlueShield of Tennessee via-email, the Internet or any other method without a valid, written Direct Placement Agreement in place for this position from BlueCross BlueShield of Tennessee HR/Talent Acquisition will not be considered. No fee will be paid in the event the applicant is hired by as a result of the referral or through other means.

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