Finance Business Partner

About the role

The Finance Business Partner (FBP) role at Blue Cross and Blue Shield of Kansas is designed to empower financially sound planning and decision-making throughout the organization. This role works with departments, sub-divisions, and less complex divisions to spread financial acumen, tell compelling data-driven stories, bridge the knowledge gap between finance and operations, and assist in creating financial planning and analysis (FP&A) decision support tools.

Responsibilities

• Perform analysis of financial data and develop comprehensive financial models to support high-level business decisions.
• Prepare and present detailed monthly, quarterly, and annual divisional reporting deliverables, including in-depth variance analysis and key performance indicators for divisional teams.
• Collaborate with divisional owners in the development of annual budgets and periodic forecasts, providing strategic guidance and recommendations.
• Monitor and track financial performance against established divisional targets and budgets, identifying and addressing any discrepancies.
• Conduct in-depth analyses of financial data to highlight trends, risks, leading indicators, business statistics, and opportunities for improvement.
• Build and leverage divisional and other internal relationships to optimize financial decision making and profitability.
• Utilize scalable analytical models that produce fact-based data analysis and insights to support divisional business decisions.
• Aid in the development of business cases and recommendations on financial strategies focused on business growth/market presence and margin improvement such as product launches, market entry, and process improvement efforts.
• Support divisional and corporate long-term strategic planning initiatives by providing expert financial insights and recommendations.
• Collaborate with business unit and cross-functional teams to gather and analyze critical financial information, ensuring alignment with overall business objectives.
• Prepare and present financial presentations for senior management and other key stakeholders.
• Ensure compliance with financial regulations and company policies, advising on best practices.
• Conduct ad hoc financial analyses and coordinate special projects as required.
• Stay current with industry trends, emerging financial practices, and regulatory changes.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field required.
• 2-5 years of relevant experience in financial analysis or a related field, with a proven track record of success in a financial analyst or business partnership role.
• Level II experience requires 5+ years of relevant experience in financial analysis or a related field, with a proven track record of success in a senior role or equivalent responsibilities.
• 1-2 years proven experience in a business unit partner role with a strong foundation in financial strategy and business alignment.
• 0-2 years of leadership experience in a senior analyst, project leadership, or similar role.
• Exceptional analytical and strategic problem-solving abilities.
• Strong attention to detail and a high degree of accuracy in financial reporting.
• Excellent communication skills, both verbal and written, with the ability to convey complex financial information to senior management and stakeholders.
• Strong organizational and time management skills, with the ability to manage multiple priorities and deadlines.
• Comfortable working in a fast-paced environment and adapting to change.
• Proficient knowledge of accounting principles and financial regulations.
• Proficient understanding of financial modeling and analysis tools, including Microsoft Excel and other financial and business software.
• Understanding of financial analysis, budgeting, and forecasting techniques.
• Ability to work independently and exhibit leadership capabilities.
• Experience with enterprise resource planning (ERP) systems and other financial software.
• Experience with data visualization tools, e.g., Tableau and/or Microsoft PowerBI preferred.
• Intermediate knowledge of accounting principles and financial regulations.
• Demonstrate business and financial acumen and understanding of the divisional operations.
• High level of integrity and ethical behavior.
• Professional certification (e.g., CFA, CPA) highly desired.

Qualifications

• Exceptional analytical and strategic problem-solving abilities.
• Strong attention to detail and a high degree of accuracy in financial reporting.
• Excellent communication skills, both verbal and written, with the ability to convey complex financial information to senior management and stakeholders.
• Strong organizational and time management skills, with the ability to manage multiple priorities and deadlines.
• Comfortable working in a fast-paced environment and adapting to change.
• Proficient knowledge of accounting principles and financial regulations.
• Proficient understanding of financial modeling and analysis tools, including Microsoft Excel and other financial and business software.
• Understanding of financial analysis, budgeting, and forecasting techniques.
• Ability to work independently and exhibit leadership capabilities.
• Experience with enterprise resource planning (ERP) systems and other financial software.
• Experience with data visualization tools, e.g., Tableau and/or Microsoft PowerBI preferred.
• Intermediate knowledge of accounting principles and financial regulations.
• Demonstrate business and financial acumen and understanding of the divisional operations.
• High level of integrity and ethical behavior.
• Professional certification (e.g., CFA, CPA) highly desired.

Skills

• Exceptional analytical and strategic problem-solving abilities.
• Strong attention to detail and a high degree of accuracy in financial reporting.
• Excellent communication skills, both verbal and written, with the ability to convey complex financial information to senior management and stakeholders.
• Strong organizational and time management skills, with the ability to manage multiple priorities and deadlines.
• Comfortable working in a fast-paced environment and adapting to change.
• Proficient knowledge of accounting principles and financial regulations.
• Proficient understanding of financial modeling and analysis tools, including Microsoft Excel and other financial and business software.
• Understanding of financial analysis, budgeting, and forecasting techniques.
• Ability to work independently and exhibit leadership capabilities.
• Experience with enterprise resource planning (ERP) systems and other financial software.
• Experience with data visualization tools, e.g., Tableau and/or Microsoft PowerBI preferred.
• Intermediate knowledge of accounting principles and financial regulations.
• Demonstrate business and financial acumen and understanding of the divisional operations.
• High level of integrity and ethical behavior.
• Professional certification (e.g., CFA, CPA) highly desired.

Benefits & Perks

• Incentive pay program (EPIP)
• Health/Vision/Dental insurance
• 6 weeks paid parental leave for new mothers and fathers
• Fertility/Adoption assistance
• 2 weeks paid caregiver leave
• 5% 401(k) plan matching
• Tuition reimbursement
• Health & fitness benefits, discounts and resources