Financial Analyst

Position Description

Base pay is influenced by several factors including a candidate’s qualifications, relevant experience, and anticipated contributions to meet the needs of the business, along with internal pay equity and external market-driven rates. The salary range displayed has not been adjusted for geographical location. This range has been created in good faith based on information known to Capital Blue Cross at the time of posting and may be modified in the future. Capital Blue Cross offers a comprehensive benefits packaging including Medical, Dental & Vision coverage, a Retirement Plan, generous time off including Paid Time Off, Holidays, and Volunteer time off, an Incentive Plan, Tuition Reimbursement, and more.

At Capital Blue Cross, we promise to go the extra mile for our team and our community. This promise is at the heart of our culture, and it’s why our employees consistently vote us one of the “Best Places to Work in PA.”

Financial Analyst is responsible for financial planning, analysis and projections for Capital BlueCross and its subsidiaries. They will also have a role in cost allocations and certain financial reporting. The Financial Analyst will leverage their accounting, finance and business experience to assess historical financial data, assist in predicting future results and as well as drive process improvements.

Responsibilities and Qualifications

• Perform financial forecasting, 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

• Work closely with the accounting team to ensure accurate financial reporting and decision support

• Evaluate financial performance by comparing and analyzing actual results with plans and forecasts

• Guide cost 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

• Increases productivity by developing automated reporting/forecasting tools

Location:

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

Skills:

• Good interpersonal and communication skills. 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 extremely helpful (Access)

• Strong financial analysis foundation creating forecasts and models

• Strong fluency with Excel formulas and functions

• Good interpersonal skills, including written and oral communication skills

• Comfort dealing with ambiguity and ability to work independently

• Good analytical and data gathering skills

Knowledge:

• Good business acumen, Knowledge of financial modeling and techniques

Experience:

• 3 years of business finance or other relevant experience

Education and Certifications:

• BA, BS or BCom degree preferred (bachelor’s degree in accounting/finance/economics)

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

About Us

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.