Base pay is influenced by several factors including a candidate’s qualifications, relevant experience, and anticipated contributions to meet the needs of the business, along with internal pay equity and external market-driven rates. The salary range displayed has not been adjusted for geographical location. This range has been created in good faith based on information known to Capital Blue Cross at the time of posting and may be modified in the future. Capital Blue Cross offers a comprehensive benefits packaging including Medical, Dental & Vision coverage, a Retirement Plan, generous time off including Paid Time Off, Holidays, and Volunteer time off, an Incentive Plan, Tuition Reimbursement, and more.
At Capital Blue Cross, we promise to go the extra mile for our team and our community. This promise is at the heart of our culture, and it’s why our employees consistently vote us one of the “Best Places to Work in PA.”
The FP&A Financial Operations Business Partner serves as a finance partner to assigned business areas within Capital Blue Cross, combining financial planning and analysis with hands-on accounting support. This role helps business leaders understand financial results, plan budgets and forecasts, and ensure that financial activity is accurately recorded and reported.
The position supports month-end and year-end close, including journal entries, accruals, and account reconciliations, and reviews general ledger activity for accurate coding and expense classification. The role also maintains documentation for audits and internal controls and identifies opportunities to improve financial reporting, accounting processes, and data accuracy.
Responsibilities and Qualifications
Business Partnership & Financial Planning
Serve as a finance partner to assigned business areas, providing financial guidance and analysis to support operational planning and decision-making.
Partner with business leaders to develop departmental budgets and forecasts that reflect operational priorities and anticipated expenses.
Review monthly financial results with assigned business areas, explain budget-to-actual variances, and identify emerging risks and opportunities.
Prepare ad hoc analyses and financial evaluations of business initiatives, resource needs, and process improvements, translating findings into actionable recommendations.
Financial Analysis & Reporting
Analyze financial results, investigate variances, and provide clear explanations of trends and key business drivers.
Develop and maintain recurring financial reports using general ledger data and other financial information.
Analyze expenses and cost allocations to support accurate reporting and financial planning.
Month-End Close & General Ledger Support
Support month-end and year-end close activities, including preparing journal entries, accruals, and account reconciliations.
Review general ledger activity to ensure accurate account coding, cost center assignments, and expense classification.
Collaborate with business partners to validate expense coding, accruals, and allocations so that financial results accurately reflect business activities.
Research and resolve account discrepancies in collaboration with Accounting and business partners.
Audit, Controls & Process Improvement
Maintain supporting documentation and assist with audits and internal control requirements.
Identify opportunities to improve financial reporting, accounting processes, and data accuracy.
Perform other financial analyses and responsibilities as assigned.
Experience & Experience
Bachelor's degree in Accounting, Finance, or a related field.
2–4 years of experience in financial analysis, accounting, or a related financial function.
Experience with general ledger accounting, journal entries, account reconciliations, and month-end close.
Experience supporting business partners with budgeting, forecasting, and variance analysis is preferred.
Skills & Competencies
Working knowledge of generally accepted accounting…