FEP Cost Analyst II

The FEP Cost Analyst supports cost reporting and analysis, budgeting, forecasting and administrative cost controllership for the Federal Employee Program (FEP). Provides management with technical reporting, in depth financial analysis, consulting support and resolution of issues for cost accounting, reporting and compliance related to the Federal Employee Program (FEP)

Essential Functions:

• Responsible for timely and accurate completion of preiodic cost reporting, compliant with federal and BCBSA regulations. Performs controllership, financial analysis and variance reporting of FEP allocated administrative expense. Prepares assigned cost reporting and analysis.
• Supports periodic cost filing to FEP Director's Office and fiscal/annual certification for FEP program.
• Serves as subject matter expert on FRP Adminstrative guidelines, Federal Acquisition Regulation (FAR) and FEP program process.
• Supports the development, reporting and analysis of administrative expense annual budgets and periodic modela and prepares schedules and adjustments for assigned expense and functional categories. Adheres to Corporate Planning and FEP workplans to meet planning objectives and extablished deadlines.
• Conducts financial analysis using business and financial modeling, supports development of leadership reporting material and provides business insight into drivers of variences for assigned administrative expense categories and functional areas.
• Supports audit activities and ensure timely preparation of accurate and complete audit materials.
• Partners with Financial Systems to develop and maintain key controls, reporting application.
• Performs ad-hoc analysis and servis as subject matter expert for projects.
• Continuously improves processes, develop efficiencies and collaborates to resolve issues.

Required Skills:

• Bachelor’s degree in Accounting or Finance
• 4+ years of related work experience, including but not limited to financial analysis and reporting, cost accounting, forecasting and budgeting, account reconcilements

Perferred Skills:

• Health or insurance industry experience
• Experience supporting financial analysis, planning and reporting for government contracted programs. Working knowledge of Federal Acquisition Regulation (FAR).
• Power BI, SQL, Tableau experience

General Physical Demands

• Sedentary work: Exerting up to 10 pounds of force occasionally to move objects.
• Jobs are sedentary if traversing activities are required only occasionally.

We are an Equal Opportunity/Protected Veteran/Disabled Employer committed to creating a diverse, inclusive and equitable culture for our employees and communities.