Blue Cross NC Foundation: Financial Accounting & Reporting Analyst

Job Description

As the Financial Accounting & Reporting Analyst for the Blue Cross NC Foundation, you will support the grantmaking work of the BCBSNC Foundation by ensuring timely and accurate payments of grants and expenses, production of accurate, quality and timely GAAP and statutory financial reporting; ensuring adherence to financial accounting controls and polices; coordinating the monthly, quarterly and yearly close; and coordinating general ledger maintenance.

Our ideal team member will thrive in and contribute to a collaborative environment, working cross-functionally to support the critical areas of finance and operations. In conjunction with the Operational Excellence Project Manager and other internal and external partners, the Financial Accounting & Reporting Analyst implements and oversees projects to improve and/or facilitate accounting and reporting functions and manage aspects of the Foundation's operations.

This position reports to the Foundation Vice President, Finance & Operations.

Success in this position requires sound financial expertise, attention to detail, innovative use of technology, and a willingness to collaborate across the division and with corporate to ensure the timely and accurate management of foundation resources.

What You'llDo

• Designs, recommends, implements,maintain sand monitors financial accounting and reporting processes,policies and systems.
  
  Continuously focuses on processes to improve and to simplify the financial accounting and reporting process.

• Ensurefinancial accounting and reporting controls and maintain a high degree of accuracy. Emphasizes a culture of accountability.

• Collaborate with management on the development of the annual budget.

• Performs and/orreviewsaccounting policy research efforts related to Statutory Accounting Principles and presents results to senior finance leadership.

• Manage the day-to-day accounting processes including accounts payable, expense reimbursements,and wire transfersensuring adherence to Foundation policiesandin accordance with budget.

• Lead vendor management process ensuringcollection of appropriate dataand tax compliance documents.
  
  Manage relationships with vendors, consultants, and grantees to provide insight and ongoing support related to the Foundation's financial processes and respond to inquiries in a timely manner.

• Prepare journal entries and account reconciliations,assist with the monthly closeactivities, prepareschedulesand other general accounting functions.

• Manage or perform functions related to accounting and or reporting on a GAAP/FASBbasis. Research and or analyze financial/operating data toidentifyandsolution challengesimpactingbusiness unit(s), and act as a reference on these challenges for others in accounting.

• Initiate projects to improve processes/controls, partner with project teams to ensure resolution of project/post-project issues and participateoncross-functional projects as a finance representative.

• Responsible for setup and maintenance of accounting system, chart of account, or other reporting and accounting sub-systems ensuring thatall financial transactions are reportedaccurately and in line with budget.

• Performstimelyandaccurateaccountand systemreconciliations, Monitors resolution of reconciling items ona timely basis.

• Contribute toaccountingrelated presentations to team.

• Responsible for preparation of GAAP/FASBmonthly, quarterly, and annual reports for internal/external audiences including 1099 dataandsupporting information for tax returnssound fi.

• Collaborate with colleagues ingrantsmanagement and operational excellence toensurethatgrants andcontractspaymentscomply withlegal agreements.

• Assists with internal and external audits; coordinatestimelyrelease of appropriate information; responds to audit reports and initiates follow-up activities for action items to ensure compliance.

• Maintain and enhance internal controls and perform self-testing.

What You Bring

• Bachelor's degree or advanced degree (where required)

• 8+ years of experience in related field.

• In lieu of degree, 10+ years of experience in related field.

Bonus Points

• Master's Degree in Accounting, preferred

• Nonprofit accounting experience, 3+ years, preferred

• Proficient…