Job Description

Awarded a Healthiest Employer, Blue Cross Blue Shield of Arizona aims to fulfill its mission to inspire health and make it easy. AZ Blue offers a variety of health insurance products and services to meet the diverse needs of individuals, families, and small and large businesses as well as providing information and tools to help individuals make better health decisions.

Purpose of the job

Ensure compliance with financial regulations and standards, develop, and enforce financial policies and procedures, and support Sr. Leadership team in maintaining integrity and accuracy in financial operations.

Qualifications

REQUIRED QUALIFICATIONS

Required Work Experience

  • 5 years of experience in finance, accounting, or compliance roles, with a focus on financial regulations and standards.

Required Education

  • Bachelor’s degree in Accounting, Business Administration, Finance, or related field of study

Required Licenses

  • N/A

Required Certifications

  • N/A

PREFERRED QUALIFICATIONS

Preferred Work Experience

  • N/A

Preferred Education

  • Master’s Degree in Accounting, Business Administration, Finance, or related field of study

Preferred Licenses

  • Certified Public Accountant (CPA)

Preferred Certifications

  • N/A

ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES

  • Develop and maintain comprehensive compliance programs to ensure adherence to financial regulations and standards, including but not limited to GAAP, STAT, and other relevant regulatory frameworks.
  • Review and assess existing financial policies and procedures, identifying areas for improvement and implementing necessary changes to enhance efficiency and effectiveness.
  • Collaborate with cross-functional teams to ensure alignment of financial policies and procedures with business objectives and regulatory requirements.
  • Conduct regular audits and assessments to monitor compliance with established policies and procedures, identifying and addressing any non-compliance issues in a timely manner.
  • Provide guidance and support to finance staff on compliance-related matters, including interpretation of regulations, policies and procedures.
  • Develop and deliver training programs to educated finance team members on compliance requirements and best practices.
  • Serve as a subject matter expert on compliance matter, keeping abreast of changes in financial regulations and standards and advising management on potential impacts to the organization.
  • Prepare and present reports to senior management and external stakeholders on compliance initiatives, audit findings, and recommendations for improvement.
  • Collaborate with internal and external auditors to facilitate the audit process, providing documentation and support as needed.
  • Assist in the development and maintenance of internal controls to mitigate financial risks and ensure accuracy and integrity of financial reporting.
  • The position requires a full-time work schedule.  Full-time is defined as working at least 40 hours per week, plus any additional hours as requested or as needed to meet business requirements.
  • Perform all other duties as assigned.

COMPETENCIES

REQUIRED COMPETENCIES

Required Job Skills

  • Intermediate proficiency in Microsoft Office suite and financial software applications.

Required Professional Competencies

  • Work with all levels of management and functional areas in BCBSAZ and understand the potential implications of system changes to those areas
  • Independent thinker with strong oral, verbal and interpersonal communication skills
  • Understanding of financial systems, business processes and the key drivers and measures for success
  • Strong decision analytical skills
  • Ability to maintain confidentiality and handle sensitive information with discretion.
  • Capable of investigative and analytical research
  • Analytical knowledge necessary to generate reports based on available data and then make decisions based on reported data

Required Leadership Experience and Competencies

  • Provide leadership, promote teamwork, meet objectives and exercise independent judgment
  • Experience leading and implementing projects and working collaboratively with other departments and levels of administration
  • Strong organizational and management skills

PREFERRED COMPETENCIES

Preferred Job Skills

  • Advanced skill in use of office equipment, including copiers, fax machines, scanner and telephones
  • Advanced PC proficiency
  • Advanced proficiency in spreadsheet, database and word processing software

Preferred Professional Competencies

  • Demonstrates flexibility, anticipates customer needs and effectively communicates in a timely manner consistent with the business strategy
  • Advanced  planning and decision analysis skills
  • Cope with multiple priorities and high customer expectations Creativity and problem solving skills
  • Develop methods and processes to disseminate complex information
  • Plan and manage business strategy effectively and thoroughly
  • Advanced analytical and diagnostic skills.
  • Advanced project management skills
  • Advanced technical and business knowledge of banking and HIPAA transaction requirements to identify production issues and effectively communicating issues as necessary

Preferred Leadership Experience and Competencies

  • Identify resources and training needs
  • Promote and supports the overall quality principles and company quality program
  • Develop an enthusiastic and positive work environment
  • Negotiation and influencing skills with the ability to create win/win situations
  • Resource management skills

Our Commitment

AZ Blue does not discriminate in hiring or employment on the basis of race, ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any other protected group.

Thank you for your interest in Blue Cross Blue Shield of Arizona.  For more information on our company, see azblue.com.  If interested in this position, please apply.

Application Instructions

Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!

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