Finance Business Partner-1

About the position Blue Cross and Blue Shield of Kansas is looking to add to our Financial Planning & Analysis team and has a new opportunity for Finance Business Partners. The Finance Business Partner I (FBP) empowers financially sound planning and decision making throughout the organization. This role works with departments, sub-divisions, and less complex divisions within the organization by spreading financial acumen; telling compelling, data-driven stories to spur action; bridging the knowledge gap between finance and operations; and assisting in the creation of financial planning and analysis's (FP&A's) decision support tools. As an FBP, you will take a more technology-guided and teaching-focused approach to business partnering, enabling decision makers to make sound financial decisions more independently. You will do this by training nonexecutive decision makers on how to use FP&A's decision support tools and by simplifying FP&A analysis into easily digestible business logic. 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. 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. • Work with divisional owners in the development of annual budgets and periodic forecasts, providing strategic guidance and recommendations. • Collaborate with management and stakeholders to facilitate understanding of the business unit dynamics and leverage knowledge to provide analyses that inform business decisions. • 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. • Assist in the development of business cases and recommendations on financial strategies focused on business growth/market presence and margin improvement. • 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. • Support the coordination of functional expenses and other forecasts. • 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 requirements: 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. Nice-to-haves • Professional certification (e.g., CFA, CPA) highly desired. • Experience with data visualization tools, e.g., Tableau and/or Microsoft PowerBI preferred. Benefits • 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 Apply tot his job