Treasury Forecasting Analyst

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The Treasury Forecasting Analyst will be responsible for the forecasting function of the $50+ billion in corporate cash flows and for forecasting the corporate balance sheet as well as identifying, analyzing and explaining the variances to forecast and the corresponding impacts to liquidity. In addition, this position will assume the responsibility of developing the annual $12.0 million budget for the Treasury Department.

Key Accountabilities :

Responsible for the development and analysis of the $50+ billion cash flow forecast and perform variance analysis.

Responsible for the production of the daily cash flow forecast.

Responsible for the completion of the three year forecast of capital spending, cash flows and balance sheets relative to the annual financial plan, quarterly reforecasts and the annual Standard & Poor's credit rating review.

Responsible for the development and completion of the annual $12.0 million Treasury Department Budget.

Responsible for identifying and reconciling the differences between GAAP financial statements and Statutory financial statements for forecasting purposes.

Responsible for the drill down of the balance sheet results for the purpose of improving the accuracy of the balance sheet forecast.

Perform ad hoc analysis for potential corporate financing opportunities

Challenges / Problem Solving :

The company's financial performance depends heavily on investment income achieved within the corporate portfolio. As a member of the Treasury team, this position with work with other members in the department to ensure that the investment income goals (achieving approximately $150 million+ annually) are met.

With over $50+ billion in cash flows, it is important to analyze and manage these cash flows to ensure adequate liquidity

With respect to setting the $12.0 million Treasury Division Budget, the challenge is to balance resources requirements with budgetary constraints

Decision Making Authority :

In this role, you will have the authority to develop creative solutions when creating the $12.0million Treasury Division Budget.

In this role, you will work with the Treasury team to determine how best to maintain corporate liquidity either through the long-term portfolio or through the lines of credit available

What you Bring :

Effective communication skills

Strong rational and logical thinking skills

The ability to diagnose problems and develop solutions with a focus on process improvement

The expectation of setting high standards

Teamwork / Collaboration

Strong attention to detail

Strong PC Skills including working knowledge of MS Excel, Word and Access

Excellent analytical / quantitative skills

The ability to capture and synthesize large amounts of data

Education / Relevant Experience :

1-3 years experience in forecasting, financial analysis, budgeting, capital planning and cash management is required.

Large corporate experience preferred (revenues of 8+ billion) and insurance company is a plus.

Strong knowledge of managed care and health insurance principles is preferred.

Bachelor's Degree in Accounting or Finance is required; a Master's Degree in Business Administration (MBA) is a plus.

Certifications such as Certified Treasury Professional (CTP) Certification , Certified Managerial Accountant (CMA) or Charted Financial Analyst (CFA) are a plus.

This position is eligible for the following personas : Mobile

Minimum Education Requirements :

High school degree or equivalent required unless otherwise noted above

LocationBostonTime TypeFull time Salary Range : $72,270.00 - $88,330.00

The job posting range is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee's pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs and affordability.

This job is also eligible for variable pay.

We offer comprehensive package of benefits including paid time off, medical / dental / vision insurance, 401(k), and a suite of well-being benefits to eligible employees.

Note : No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

WHY Blue Cross Blue Shield of MA?

We understand that the confidence gap and imposter syndrome can prevent amazing candidates coming our way, so please don't hesitate to apply. We'd love to hear from you. You might be just what we need for this role or possibly another one at Blue Cross Blue Shield of MA. The more voices we have represented and amplified in our business, the more we will all thrive, contribute, and be brilliant. We encourage you to bring us your true colors, , your perspectives, and your experiences. It's in our differences that we will remain relentless in our pursuit to transform healthcare for ALL.

As an employer, we are committed to investing in your development and providing the necessary resources to enable your success. Learn how we are dedicated to creating an inclusive and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path by visiting ourCompany Culturepage. If this sounds like something you'd like to be a part of, we'd love to hear from you. You can also join ourTalent Communityto stay "in the know" on all things Blue.

At Blue Cross Blue Shield of Massachusetts, we believe in wellness and that work / life balance is a key part of associate wellbeing. For more information on how we work and support that work / life balance visit our "How We Work" Page.