Manager, Accounting - Gross Margin

Accounting Manager

The Corporate Financial Accounting and Reporting, Gross Margin team plays a critical role in ensuring the integrity of financial reporting for Blue Shield of California and its subsidiaries. Reporting to the Assistant Controller, the Accounting Manager will lead a team of accountants responsible for revenue and cost of healthcare accounting for Blue Shield of California and its health plan subsidiaries. This is an excellent opportunity for a strong people leader and technical accounting professional to shape processes, build team capability, and make a visible impact on financial reporting, audit readiness, and regulatory compliance in a mission-driven organization.

We are looking for a leader who brings strong technical judgment, a collaborative mindset, and a passion for developing talent. This role offers the opportunity to lead meaningful work, partner across the organization, and contribute to a team culture grounded in accountability, continuous improvement, and professional growth.

• Lead the month-end close for gross margin for revenue and cost of healthcare, ensuring financial accuracy, timeliness, and operational excellence
• Partner closely with Finance, Actuarial, Operations, and IT to support accurate accounting, strong reporting, and alignment across key business processes
• Drive automation and process improvement initiatives that enhance efficiency, strengthen controls, and support a scalable close environment
• Review and approve journal entries and collaborate with IT to resolve system or interface issues that affect data quality and financial reporting
• Oversee monthly balance sheet reconciliations, ensuring timely resolution of reconciling items and strong supporting documentation
• Serve as a trusted subject matter expert on US GAAP accounting for revenue and cost of healthcare transactions, including technical analyses and accounting conclusions
• Analyze and communicate significant gross margin trends, fluctuations, and business drivers to leadership and key stakeholders
• Assess accounting implications of new or complex transactions, business initiatives, and process changes that may affect financial reporting
• Develop and enhance accounting policies, procedures, and internal controls in support of evolving business and regulatory requirements
• Identify risks, solve problems proactively, and recommend practical, well-supported solutions to accounting and reporting issues
• Support internal, external, and regulatory audits through well-prepared analyses, documentation, and control support
• Support regulatory reporting deliverables by preparing analyses, schedules, and documentation that facilitate timely, accurate, and well-supported submissions
• Prepare and review audited financial statement disclosures, and related accounting memos and narratives in compliance with US GAAP
• Lead, coach, and develop a team of accountants by setting clear expectations, building technical capability, and fostering a culture of ownership and continuous learning
• Contribute to special projects and broader team initiatives that support the evolution of the accounting organization

• Requires a Bachelor's degree in Accounting, Finance, Economics, or a related field, or equivalent experience
• CPA and/or advanced degree preferred
• Requires a minimum of 7 years of progressive accounting or financial reporting experience, including 2 years of people leadership or equivalent oversight experience
• At least two (2) years of healthcare industry experience preferred
• Strong knowledge of US GAAP and the ability to apply accounting guidance to complex or evolving transactions
• Demonstrated success leading teams, partnering cross-functionally, and communicating effectively with a range of stakeholders
• Excellent analytical, problem-solving, and organizational skills, with strong attention to detail and sound professional judgment
• Ability to manage competing priorities and deliver high-quality work in a fast-paced environment
• Advanced proficiency in Microsoft Excel
• Experience with Oracle, Workday, or similar ERP systems preferred

Office Environment - roles involving part to full time schedule in Office Environment. Based in our physical offices and work from home office/deskwork - Activity level:
Sedentary, frequency most of work day.

Please  for further physical requirement detail.

External hires must pass a background check/drug screen. Qualified applicants with arrest records and/or conviction records will be considered for employment in a manner consistent with Federal, State and local laws, including but not limited to the San Francisco Fair Chance Ordinance. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or disability status and any other classification protected by Federal, State and local laws.