Sr. Accounting Analyst

Senior Accounting Analyst Senior Accounting Analyst seeking a detail-oriented and dynamic professional to join our Accounting team. This role is central to our financial operations, managing the complex processes of cost allocation, financial reporting, and regulatory compliance. You will administer month‑end and annual financial closing processes, quarterly reforecasts, and the annual financial plan, ensuring compliance with Federal Acquisition Regulations (FAR), BCBS Association, and U.S. Treasury Transfer Pricing Regulations. This role is eligible for our Flex Persona and is available for candidates located in Boston, MA and Hingham, MA offices. Your Day to Day Manage the monthly Cost Allocation system, processing over a billion dollars in annual administrative expenses across more than 500,000 records annually. Compile and process monthly data from multiple sources to generate statistical information for 28 distinct allocation drivers. Prepare and reconcile administrative expense schedules for quarterly and annual Statutory Statements. Develop and maintain financial reports using Oracle Smart View Excel Add‑in, acting as the primary owner of cost allocation system data reporting. Maintain and update over 650 cost center allocation profiles, managing more than 3,500 allocation combinations monthly and recording all changes. Collaborate with business and operational leaders to compile and report on the quarterly and annual administrative financial plan. Provide critical support for the Federal Employee Program (FEP) by assisting with administrative expense reporting and audit oversight. Support regulated Senior Products, including Medicare Advantage and Medicare Supplemental, by assisting with annual bids, rate filings, audits, and reporting. We're Looking for Experience with expense management, budgeting concepts, accounting theory, and both Statutory and GAAP principles, preferably in a corporate accounting environment. Strong analytical skills. Ability to work independently. Proven ability to manage and analyze large datasets to identify business trends and derive sound solutions. Results‑oriented mindset with capacity to handle multiple priorities. Strong technical skills, including proficiency with Microsoft Office Word, PowerPoint, and experience with Oracle applications, data warehouses, and reporting tools such as IBM Cognos Analytics or Oracle Smart View. What You Bring BA/BS Degree in Accounting (required). Strong work ethic. 3–5 years of experience in Accounting or related field (desired). Proficiency using Microsoft Excel/Access. Strong communication and organizational skills. What You'll Gain You will gain knowledge and experience in the accounting field within the health insurance industry, work in a team‑friendly environment, pursue a career path with growth opportunities, and have access to a comprehensive benefits package that promotes a healthy work‑life balance for all associates. Minimum Education Requirements High school degree or equivalent required unless otherwise noted above. Location Boston, MA Time Type Full time Salary Range $88,740.00 - $113,300.00 Benefits We offer a comprehensive package including paid time off, medical/dental/vision insurance, 401(k), and a suite of well‑being benefits to eligible employees. This position is also eligible for variable pay. #J-18808-Ljbffr Blue Cross and Blue Shield of Massachusetts HMO Blue Inc.