Financial Analyst

The Financial Analyst is responsible for monitoring, analyzing and reporting Project Portfolio financial information including revenue and expenses by account, customer and product segments.  These duties may include variance analysis, account reconciliation, transaction processing and publishing of various financial reports and financial statements.

• Responsible for tracking, analyzing, and reporting on the Strategic Spend Roadmap, evaluating proposed and active project costs against projected value, including benefit cost savings, margin expansion, and revenue generation.
• Develops and reviews robust business cases for proposed portfolio projects. Performs detailed ROI analysis to ensure accuracy, completeness, and viability of projected financial benefits.
• Consolidates financial data from various sources to provide meaningful reporting on the Project Portfolio. Assures appropriate reconciliation between projected project value and actual realized financials (P&L impact).
• Assists with the preparation of strategic portfolio reports and presentations for internal management and key stakeholders across BCBSM, ensuring clear visibility into project health, spend-to-date, and financial returns.
• Analyzes complex financial data focused heavily on capital and operational expenditures related to project spend, cost allocations, and tracking the realization of committed cost savings and revenue enhancements.
• Partners cross-functionally to refine desk-level procedures and internal controls surrounding business case development, project spend tracking, and value measurement to assure clarity and consistency in departmental practices.
• Interfaces extensively with project managers, business leaders, and various departments across BCBSM to gather data, challenge business case assumptions, and validate financial projections.
• Responds to ad-hoc requests and inquiries regarding portfolio performance, strategic spend variances, and investment modeling.
• Performs other assignments, duties, or functions as assigned by management to support the strategic financial goals of the organization.

"Qualifications"

• Bachelor's Degree in Accounting, Finance or related field required.
• Two (2) to four (4) years experience in related field.
• Strong analytical, organizational and problem solving skills.
• Good verbal and written communication skills.
• Ability to work under general supervision in an environment where there are certain deadlines.
• Proficient in current industry standard PC applications and systems (e.g., Excel, Word, etc.).
• Working knowledge of PeopleSoft general ledger and mainframe systems.
• General knowledge of Generally Accepted Accounting Principles (GAAP).
• Other related skills and/or abilities may be required to perform this job.