Senior Accountant in Eagan, Minnesota at Blue Cross and Blue Shield of Minnesota

At Blue Cross and Blue Shield of Minnesota, we are committed to paving the way for everyone to achieve their healthiest life. Blue Cross of Minnesota is an Equal Opportunity Employer and maintains an Affirmative Action plan, as required by Minnesota law applicable to state contractors. All qualified applications will receive consideration for employment without regard to, and will not be discriminated against based on any legally protected characteristic.
Blue Cross and Blue Shield of Minnesota

Position Title: Senior Accountant
Location: Hybrid | Eagan, Minnesota
Career Area: Finance
About Blue Cross and Blue Shield of Minnesota

At Blue Cross and Blue Shield of Minnesota, we are committed to paving the way for everyone to achieve their healthiest life. We are looking for dedicated and motivated individuals who share our vision of transforming healthcare. As a Blue Cross associate, you are joining a culture that is built on values of succeeding together, finding a better way, and doing the right thing. If you are ready to make a difference, join us.

The Impact You Will Have

Blue Cross and Blue Shield of Minnesota is hiring a Senior Accountant in Eagan, MN. The Senior Accountant ensures the accuracy and integrity of financial records by preparing and reviewing moderately complex journal entries, accruals, reconciliations, and supporting month-end and year-end close processes. This role performs analysis, investigates discrepancies, and partners with stakeholders to improve processes while maintaining compliance with GAAP, statutory accounting principles, and internal controls. Senior Accountants work independently on assigned areas and contribute to audits and special projects across the organization.

Your Responsibilities

• Compile and analyze financial data to prepare accurate and timely journal entries.
• Prepare, record, and analyze month-end accruals; perform calculations and supporting reconciliations to ensure completeness and accuracy.
• Support month-end and year-end processes by managing assigned responsibilities and ensuring timely, accurate completion of related financial schedules.
• Perform and document moderately complex account reconciliations; investigate and resolve variances promptly.
• Support internal, external, and regulatory audits by providing documentation and acting as a resource.
• Perform monthly and quarterly balance sheet variance analysis for assigned accounts, explain drivers, and collaborate with stakeholders to address issues.
• Investigate discrepancies and perform ad hoc analysis and reporting; identify root causes and recommend corrective actions.
• Partner with stakeholders to drive process improvement and automation.
• Ensure compliance with GAAP, statutory accounting principles, internal controls, and corporate accounting policies; maintain documentation and update procedures as required.
• Assist with new product and business line setup as needed; design accounting flows, controls, documentation and refine processes as products matures.
• Maintain and/or lead established moderately complex accounting projects as assigned by management.

Required Skills and Experience

• 5+ years of accounting experience. All relevant experience including work, education, transferable skills, and military experience will be considered.
• Strong written, oral and listening communication skills.
• Excellent analytical and problem-solving skills.
• Experience with complex Microsoft Excel workbooks and formulas.
• Ability to work independently and as part of a team.
• High school diploma (or equivalency) and legal authorization to work in the U.S.

Preferred Skills and Experience

• Bachelor's degree.
• Heath insurance experience.
• Working knowledge of GAAP and statutory reporting requirements, including preparation or support of related financial statements.
• Familiarity with internal controls and audit processes.
• Experience using ERP or general ledger systems (e.g., SAP or similar platforms).
• Experience documenting accounting processes, procedures, and controls.
• Experience working with cross-functional or external partners (e.g., auditors, third-party vendors) to support accounting operations.

Compensation and Benefits:

Pay Range: $68,900.00 - $91,300.00 - $113,700.00 Annual

Pay is based on several factors which vary based on position, including skills, ability, and knowledge the selected individual is bringing to the specific job.

We offer a comprehensive benefits package which may include:

• Medical, dental, and vision insurance
• Life insurance
• 401k
• Paid Time Off (PTO)
• Volunteer Paid Time Off (VPTO)
• And more

To discover more about what we have to offer, please review our benefits page.

Role Designation

Hybrid

Anchored in Connection

Our hybrid approach is designed to balance flexibility with meaningful in-person connection and collaboration. We come together in the office two days each week - most teams designate at least one anchor day to ensure team interaction. These in-person moments foster relationships, creativity, and alignment. The rest of the week you are empowered to work remote.
Equal Employment Opportunity Statement

Individuals with a disability who need a reasonable accommodation in order to apply, please contact us at: talent.acquisition@bluecrossmn.com.

Blue Cross® and Blue Shield® of Minnesota and Blue Plus® are nonprofit independent licensees of the Blue Cross and Blue Shield Association.