Manager External Financial Reporting And Compliance

Blue Cross and Blue Shield of Kansas is looking to add to our leadership team with the opportunity for a Manager External Financial Reporting & Compliance. This position will play a critical role in ensuring the accuracy, transparency, and compliance of the company's Generally Accepted Accounting Principles (GAAP) and statutory financial reporting processes. In addition, this role will assist with reviewing and documenting technical accounting issues, provide guidance on statutory accounting principles (SAP), oversee external audit, regulatory reviews, and tax.

"This position is eligible to work hybrid (9 or more days a month onsite) in accordance with our Telecommuting Policy. Applicants must reside in Kansas or Missouri or be willing to relocate as a condition of employment."

Are you ready to make a difference? Choose to work for one of the most trusted companies in Kansas.

Why Join Us?

• Family Comes First: Total rewards package that promotes the idea of family first for all employees; including paid time off and family first leave.

• Professional Growth Opportunities: Advance your career with ongoing training and development programs both through our internal Blue University and external opportunities.

• Stability: 80 years of commitment, compassion, and community

• Inclusive Work Environment: We pride ourselves on fostering a diverse and inclusive workplace where everyone is valued and respected.

• Lead and Inspire: Guide and mentor your team to achieve their full potential and success.

Compensation

$109,280 - $130,000

Exempt Grade 18

• Blue Cross and Blue Shield of Kansas offers excellent competitive compensation with the goal of retaining and growing talented team members. The salary range for this role is a good faith estimate, it is estimated based on what a successful candidate might be paid. All offers presented to candidates are carefully reviewed to ensure fair, equitable pay by offering competitive salaries that align with the individual's skills, education, experience, and training. The range may vary above or below the stated amounts.

What you'll do

• Prepare and oversee the preparation, accounting, and timely reporting of the (GAAP) and statutory financial results for the consolidated company and related subsidiaries, ensuring compliance with GAAP and statutory accounting requirements.

• Stay abreast of regulatory requirements imposed by relevant governing bodies such as the National Association of Insurance Commissioners (NAIC), the Financial Accounting Standards Board (FASB), and other regulatory bodies specific to the insurance industry. Ensure compliance with these regulations in financial reporting and disclosures.

• Develop and maintain internal controls over financial reporting to safeguard company assets, ensure accuracy of financial data, and prevent fraud or errors. This may involve designing control procedures, monitoring their effectiveness, and implementing improvements as necessary.

• Coordinate and facilitate external audits conducted by independent auditors to review financial statements and ensure compliance with regulatory requirements. Prepare audit schedules, respond to auditor inquiries, and address any audit findings or recommendations.

• Perform financial analysis to identify trends, variances, and opportunities for improvement. Provide insights to senior management regarding the financial performance of the company and make recommendations for strategic decisions.

• Develop and implement financial policies and procedures to ensure consistency, transparency, and compliance with regulatory requirements. Communicate these policies to relevant stakeholders and provide training as needed.

• Assess financial risks facing the organization and develop strategies to mitigate these risks. This may involve evaluating insurance reserves, investment portfolios, and other financial exposures.

• Collaborate with tax professionals to ensure compliance with tax laws and regulations, including the preparation and filing of tax returns, as well as the documentation of tax positions and disclosures.

• Work closely with other departments such as accounting, actuarial, legal, and regulatory affairs to ensure alignment of financial reporting and compliance initiatives with broader organizational goals and objectives.

What you need

• Bachelor's degree in accounting or finance.

• Certified Public Accountant (US CPA), Certified Management Accountant (CMA), or Certified Government Financial Manager (CGFM).

• 8 - 10 years in financial reporting, financial accounting, or related field.

• 3 years leadership experience.

Bonus if you have

• Knowledge of financial reporting frameworks specific to insurance industry

Benefits & Perks

• Base salary is only one component of your competitive Total Rewards package:

• 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

Posting Close Date

Pay Rate Type

Salary