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Blue Shield of California

Financial Analyst, Consultant - Stellarus

Blue Shield of California

Oakland, CA 94607Full Time
Senior LevelFinancial Analyst
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Job Description

Your Role

The Stellarus Finance team supports financial reporting, analysis, product support and information technology support to Stellarus. The Financial Analyst, Consultant will report to the Director of Finance for Stellarus. In this role you will be managing the monthly production of financial statements for Stellarus and manage the process to develop quarterly board reporting for the Stellarus board and partners.

The Financial Analyst, Consultant will work with Ascendiun, Stellarus, and Blue Shield of California, the family of companies, partners to understand charges posting to Stellarus, as well as intercompany transactions between the family of companies and other entities; work closely with other finance teams to develop all intercompany relationships and charges; and work closely with Global Business Services and the business leaders to ensure all contracting is done correctly and systemically. Other duties will include support for corporate development transactions including analysis and reporting of Stellarus customers and ad hoc projects.

Our leadership model is about developing great leaders at all levels and creating opportunities for our people to grow – personally, professionally, and financially. We are looking for leaders that are energized by creative and critical thinking, building and sustaining high-performing teams, getting results the right way, and fostering continuous learning.
Your Work

In this role, you will:

Summarize monthly and quarterly financial results of Stellarus for senior leaders and the board of directors, that is actionable
Produce monthly and quarterly financial reporting and analysis for senior leaders and the Stellarus board of directors including balance sheet, income statement and cash flow statements
Develop rules of the road and systems calculations for all intercompany transactions between Stellarus and other entities and companies
Provide policy guidance and interpretation to ensure financial records are consistent and comply with company policies and GAAP
Create process and reporting for all Stellarus contracting to ensure appropriate accounting treatment (capitalize vs. expense) and entity and complete this in a systemic way
Support and assist in new corporate development transactions, as well as requests for proposal (RFP) and analysis for potential new partners and existing partners
Lead the annual planning process for Stellarus in conjunction with the Ascendiun
Ad Hoc analysis of products, customers, and technology initiatives
Your Knowledge and Experience

Requires a bachelor's degree or equivalent experience
Requires at least 7 years of prior relevant experience
Requires experience managing the FP&A activities for a business unit or larger group
Requires prior experience with product financials; with a strong foundational knowledge of assessing total cost of sales, unit pricing, product gross margin, customer profitability
Prior experience in a startup or technology organization preferred
Knowledge of cost accounting and GAAP principles preferred
Prior experience with board of directors and senior leaders in presentation and communication preferred
ABOUT THE TEAM
About Stellarus and the Ascendiun Family of Companies

Stellarus, launched in January 2025, is designed to scale innovative healthcare solutions that support customers in creating a health care experience deserving of their family, friends, and neighbors.

Stellarus is part of a family of organizations that is overseen by a nonprofit corporate entity named Ascendiun. The Ascendiun Family of Companies also includes Blue Shield of California and its subsidiary, Blue Shield of California Promise Health Plan and Altais, a clinical services company.

Stellarus’ vision is to empower its customers to create a healthcare experience that is worthy of their family, friends, and neighbors. Stellarus’ objective is to offer innovative, modern, scalable solutions that challenge the health care status quo. This very closely aligns with Blue Shield of California’s vision by using innovation to improve quality, affordability, and experience for members.

To achieve our mission, we foster an environment where all employees can thrive and contribute fully to address the needs of the various communities we serve. We are committed to creating and maintaining a supportive workplace that upholds our values and advances our goals.

Our Values:

At Stellarus, our core values of agility, trust, drive, courage and service shape our approach to developing innovative product offerings.

Our Workplace Model:

We believe in fostering a workplace environment that balances purposeful in-person collaboration with flexibility - providing clear expectations while respecting the diverse needs of our workforce. Our workplace model is designed around intentional in-person interaction, collaboration, connection, creativity and flexibility:

For most teams, this means coming into the office two days per week.

Employees living more than 50 miles from an office location, out of state employees, and employees in certain member-facing roles should work with their manager to determine in-office time based on business need.

For employees with medical conditions that may impact their ability to work in-office, we are committed to engaging in an interactive process and providing reasonable accommodations to ensure their work environment is conducive to their success and well-being.

The Company reserves the right to require more presence in the office based on business needs, and requirements are subject to change with periodic reviews.

Physical Requirements:

Office Environment - roles involving part to full time schedule in Office Environment. Based in our physical offices and work from home office/deskwork - Activity level: Sedentary, frequency most of work day.

Equal Employment Opportunity:

External hires must pass a background check/drug screen. Qualified applicants with arrest records and/or conviction records will be considered for employment in a manner consistent with Federal, State and local laws, including but not limited to the San Francisco Fair Chance Ordinance. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or disability status and any other classification protected by Federal, State and local laws.