Blue Shield of California

Manager, Accounting - Gross Margin

Blue Shield of California  •  Oakland, CA (Onsite)  •  1 hour ago
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Job Description

Your Role

The Corporate Financial Accounting and Reporting, Gross Margin team plays a critical role in ensuring the integrity of financial reporting for Blue Shield of California and its subsidiaries. Reporting to the Assistant Controller, the Accounting Manager will lead a team of accountants responsible for revenue and cost of healthcare accounting for Blue Shield of California and its health plan subsidiaries. This is an excellent opportunity for a strong people leader and technical accounting professional to shape processes, build team capability, and make a visible impact on financial reporting, audit readiness, and regulatory compliance in a mission-driven organization.

We are looking for a leader who brings strong technical judgment, a collaborative mindset, and a passion for developing talent. This role offers the opportunity to lead meaningful work, partner across the organization, and contribute to a team culture grounded in accountability, continuous improvement, and professional growth.

Your Work

In this role, you will:

  • Lead the month-end close for gross margin for revenue and cost of healthcare, ensuring financial accuracy, timeliness, and operational excellence
  • Partner closely with Finance, Actuarial, Operations, and IT to support accurate accounting, strong reporting, and alignment across key business processes
  • Drive automation and process improvement initiatives that enhance efficiency, strengthen controls, and support a scalable close environment
  • Review and approve journal entries and collaborate with IT to resolve system or interface issues that affect data quality and financial reporting
  • Oversee monthly balance sheet reconciliations, ensuring timely resolution of reconciling items and strong supporting documentation
  • Serve as a trusted subject matter expert on US GAAP accounting for revenue and cost of healthcare transactions, including technical analyses and accounting conclusions
  • Analyze and communicate significant gross margin trends, fluctuations, and business drivers to leadership and key stakeholders
  • Assess accounting implications of new or complex transactions, business initiatives, and process changes that may affect financial reporting
  • Develop and enhance accounting policies, procedures, and internal controls in support of evolving business and regulatory requirements
  • Identify risks, solve problems proactively, and recommend practical, well-supported solutions to accounting and reporting issues
  • Support internal, external, and regulatory audits through well-prepared analyses, documentation, and control support
  • Support regulatory reporting deliverables by preparing analyses, schedules, and documentation that facilitate timely, accurate, and well-supported submissions
  • Prepare and review audited financial statement disclosures, and related accounting memos and narratives in compliance with US GAAP
  • Lead, coach, and develop a team of accountants by setting clear expectations, building technical capability, and fostering a culture of ownership and continuous learning
  • Contribute to special projects and broader team initiatives that support the evolution of the accounting organization

Your Knowledge and Experience

  • Requires a Bachelor’s degree in Accounting, Finance, Economics, or a related field, or equivalent experience
  • CPA and/or advanced degree preferred
  • Requires a minimum of 7 years of progressive accounting or financial reporting experience, including 2 years of people leadership or equivalent oversight experience
  • At least two (2) years of healthcare industry experience preferred
  • Strong knowledge of US GAAP and the ability to apply accounting guidance to complex or evolving transactions
  • Demonstrated success leading teams, partnering cross-functionally, and communicating effectively with a range of stakeholders
  • Excellent analytical, problem-solving, and organizational skills, with strong attention to detail and sound professional judgment
  • Ability to manage competing priorities and deliver high-quality work in a fast-paced environment
  • Advanced proficiency in Microsoft Excel
  • Experience with Oracle, Workday, or similar ERP systems preferred
Blue Shield of California

About Blue Shield of California

Blue Shield of California strives to create a healthcare system worthy of its family and friends that is sustainably affordable. The health plan is a tax paying, nonprofit, independent member of the Blue Shield Association with nearly 6 million members, over 7,500 employees and more than $25 billion in annual revenue.

Founded in 1939 in San Francisco and now headquartered in Oakland, Blue Shield of California and its affiliates provide health, dental, vision, Medicaid and Medicare healthcare service plans in California. The company has contributed more than $60 million to Blue Shield of California Foundation in the last three years to have an impact on California communities.

For more news about Blue Shield of California, please visit news.blueshieldca.com.

Industry
Finance & Insurance
Company Size
5,001-10,000 employees
Headquarters
Oakland, California
Year Founded
1939
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