Financial Analyst

Full Time
Job Posting Details
About Horizon Blue Cross Blue Shield of New Jersey
Horizon Blue Cross Blue Shield of New Jersey (Horizon BCBSNJ) is the state's largest health insurance company, serving nearly 3.7 million members. Horizon BCBSNJ is a not-for-profit, tax paying health insurer, headquartered in Newark, New Jersey.
Summary
This position is responsible for the development, monitoring and reporting of projections as well as the timely and accurate preparation and analysis of accounting entries for assigned divisions or companies. This position is also responsible for the preparation and analysis of all financial reports for management.
Responsibilities
* Ensure the timely and accurate processing of monthly accounting entries for the financial close and the preparation of related general ledger account analyses (e.g., account reconciliations, investigation of unusual or one-time items); this involves interfacing with divisional personnel. * Perform variance analysis. * May prepare financial reporting (e.g., board reports, divisional reports, scorecards and regulatory reports). * Prepare ad hoc analysis and benchmarking for assigned divisions or companies including analyzing raw financial data as well as compiling reports, graphs and presentations. * Support internal and external audits as needed. * Identify finance core processes for standardization/redesign and implement more streamlined procedures to enhance efficiency and controls.
Ideal Candidate
**Education/Experience:** * Requires a Bachelor's degree in Finance or Accounting from an accredited college or university. * Requires at least (2) two years of experience with general accounting, financial analysis, financial modeling, budgeting or related function. **Additional licensing, certifications, registrations:** CPA or CPA candidate a plus. **Knowledge:** * Prefer knowledge of accounting, finance. * Requires knowledge of general accounting principles and methods; prefer knowledge of both Generally Accepted Accounting Principles (GAAP) and Statutory Accounting principles (SAP). **Skills and Abilities:** * Requires good oral and written communication skills. * Requires strong analytical skills including the ability to research and resolve problems, report findings accurately, identify solutions and implement resolutions through interaction with company wide personnel. * Requires very strong attention to detail and granular levels of financial reporting. * Requires the ability to plan, organize and prioritize work assignments. * Requires the ability to work independently and exercise sound business judgment. * Requires solid skills in MS Office applications (particularly Excel and Access) * Prefer knowledge of the general ledger system, preferably PeopleSoft Financials.

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