Financial Analyst- Finance Rotational Program

Blue Cross Blue Shieldover 1 year ago
Detroit, Michigan, United States
On-site
Full-time
Beginner Level (< 1 year)

Job Description

Position Overview

The Financial Analyst position within the Finance Rotational Program at Blue Cross Blue Shield of Michigan is a 2.5-year opportunity designed to transition recent graduates into a full-time finance career. Analysts will rotate through five six‐month assignments across various financial disciplines, including accounting, finance, underwriting, and treasury, to gain a comprehensive understanding of the finance sector. This role involves monitoring, analyzing, and reporting financial information, ultimately leading to a permanent position that aligns with the analyst's interests and the company's needs.

Key Responsibilities

  • Monitor, analyze, and report financial information.
  • Conduct variance analysis tied to business operational metrics.
  • Perform account reconciliation and prepare various financial reports and statements.
  • Resolve customer inquiries and problems through ad-hoc problem solving.
  • Assist in the preparation of budgets, department performance measures, impact studies, and business cases.
  • Prepare financial or regulatory reports for management and external parties.
  • Process financial transactions including journal entries, invoices, and cost allocations.
  • Interface with various departments and management.
  • Respond to ad-hoc requests and inquiries.
  • Perform other assignments or duties as assigned by management.

Required Qualifications

  • Bachelor's Degree in Business, Accounting, Finance or related field required.
  • Zero (0) to two (2) years' experience in related field.

Required Skills

Interdepartmental Communication
Financial Analysis
Variance Analysis
Account Reconciliation
Financial Reporting
Problem Solving
Budget Preparation