Financial Analyst

The Impact You Will Have

Blue Cross and Blue Shield of Minnesota is seeking a Financial Analyst to join our team in Eagan, MN, supporting the Coupe business unit. This role is integral to core financial operations, including month-end close, reporting, budgeting, and forecasting. The Financial Analyst will provide critical insights through financial analysis, trend evaluation, and variance analysis. Responsibilities also include developing analytical models, collaborating with cross-functional teams, and driving process improvements. This position serves as a key financial resource, helping to inform strategic decisions and ensure accurate, actionable reporting.

The ideal candidate will have 2-4 years of professional experience in finance or accounting and is comfortable with tasks such as managing funding requests, journal entries/closing books, and creating monthly and ad hoc reporting for management. They have strong attention to detail and a solid understanding of financial reporting and accounting processes. Experience with general ledger systems, financial planning tools, Microsoft Excel and cross-functional collaboration is highly valued.

Your Responsibilities

• Analyzes financial results, trends, performance metrics and provides root cause analysis to support business decisions.
• Analyze and report on key drivers of revenue and expense forecasting and other financial data, draw conclusions and present recommendations on findings.
• Perform detailed variance analysis by line of business, company and within divisions against budget, forecast, prior periods, or other benchmarks.
• Maintains and/or assists with development of analytical models for margin analysis, volume/price mix, operational/vendor analysis, forecasting models and other projects as assigned.
• Assists with the development and preparation of the annual budget and forecasts.
• Identify, analyze and recommend process improvements and other ad hoc analysis.
• Navigate through various systems and departments to obtain accurate information to be utilized in the budget, forecasting and other ad hoc analysis/projects.
• Maintain/prepare operational analytical reports related to resource capacity planning, capital, non-operating activities and expenses.
• In conjunction with manager, foster relationships with business owners and be a resource on financial issues.
• Other duties as assigned.

Required Skills and Experiences

• 2+ years of related professional experience. All relevant experience including work, education, transferable skills, and military experience will be considered.
• Skills/Abilities: Strong communication, analytical skills, problem resolution, organization skills, and proficiency in MS office applications.
• Ability to adapt to a changing environment, manage multiple tasks and ability to shift gears and priorities.
• High school diploma (or equivalency) and legal authorization to work in the U.S.

Preferred Skills and Experiences

• Bachelor's degree.
• Healthcare Industry background.
• Experience with general ledger systems.
• Experience with financial planning tools.

Compensation and Benefits:

Pay Range: $67,200.00 - $89,100.00 - $111,000.00 Annual

Pay is based on several factors which vary based on position, including skills, ability, and knowledge the selected individual is bringing to the specific job.

We offer a comprehensive benefits package which may include:

• Medical, dental, and vision insurance
• Life insurance
• 401k
• Paid Time Off (PTO)
• Volunteer Paid Time Off (VPTO)
• And more

To discover more about what we have to offer, please review our benefits page.

Role Designation

Hybrid

Anchored in Connection

Our hybrid approach is designed to balance flexibility with meaningful in-person connection and collaboration.
We come together in the office two days a week-one designated anchor day with your team, and one day of your choosing.
These in-person moments foster relationships, creativity, and alignment.
The rest of the week you are empowered to work remote.