CareFirst– Management Accounting Supervisor

Job Title: Management Accounting Supervisor

Location: Washington, DC

Career Band: BDB

Job ID #: 9807

This position can be filled at either the DC location or the Owings Mills location depending on the candidate selected.


Under the general direction of the Director of Federal Accounting, Corporate Initiatives & Fixed Assets, the accountabilities include, but are not limited to, the following:

Internal Accounting, Reporting & Analysis  – Supervises and coordinates the accounting processes, financial reporting, and financial analysis of the Federal Employee Health Benefits Program (FEHBP).  Oversees related processes to assure that all administrative expenditures and financial statement reporting in support of the FEHBP are completed timely and accurately.  Coordinates and supports the internal accounting for FEHBP with the Cost Accounting, Financial Planning, Financial Reporting, and other CareFirst departments to assure the accurate and timely capture of all FEHBP transactions in the CareFirst financial systems.  Meets on a regular basis with senior financial and operational management to provide underwriting gain/loss explanations, actual to budget cost summaries and analysis, and general updates on technical and complex Federal contract financial matters.

External Accounting, Reporting & Analysis – Provides guidance to staff and coordinates the timely and accurate preparation, review and submission of all external FEHBP financial cost reports and financial statements to the BlueCross BlueShield Association (BCBSA), Office of Personnel Management (OPM), and all BlueCross BlueShield Plans utilizing the CareFirst FEP Bridge claims processing system.  Provides assurance that CareFirst’s recovery of the administrative expenses in support of these federal contracts is maximized.  Coordinates and supports the administrative cost settlements for costs in excess of approved budgets with external agencies (BCBSA, OPM).

Audits -Provides detail support for multiple (5-10) annual audits of the CareFirst Federal programs/contracts each year.  This includes supporting all administrative cost submissions, cash management transactions (claims, refunds, and rebates) and reimbursement for these transactions from the U.S. Treasury, and verification of compliance with federal regulations and internal guidelines.  The audits are performed by the U.S. Office of the Inspector General (OIG), the BCBSA, Ernst Young (EY), and the CareFirst internal audit department.

Compliance – Supports efforts to ensure CareFirst compliance with Federal and BCBSA financial regulations; and to minimize the risk of noncompliance. This includes implementing new regulations as they are issued and monitoring the controls in place to ensure compliance.  Provide explanations and interpretations of Federal regulations as required to CareFirst management and external parties.

Financial Budgets, Plans, & Forecasts (FEHBP) – Coordinates the preparation, review and submission of the external FEHBP financial budgets, plans, and forecasts.

SUPERVISORY RESPONSIBILITY: Responsible for directing assigned accounting professionals and providing guidance, leadership, training, and development.  1 to 3 professional level staff are under the direct/indirect supervision of this position.  Provides support and guidance to various Finance departments including Cost Accounting on FEHBP administrative expense and financial reporting issues.


Required: Bachelor’s degree in accounting, or equivalent, six+ years progressively responsible accounting and supervisory experience.  In-depth knowledge of Generally Accepted Accounting Principles (GAAP) and Federal Acquisition Regulations (FAR).

Abilities/Skills: Effective oral and written skills for dealing with all levels of management and senior levels of outside organizations, interpersonal skills, the ability to interpret, explain and coordinate implementation of complex policies/procedures, ability to manage self and others in completion of projects and the flexibility to manage high priority projects simultaneously, creative, independent and high analytical thought process. Must be able to effectively work  in a fast paced environment with frequently changing priorities, deadlines, and workloads that can be variable for long periods of time.  Must be able to meet established deadlines and handle multiple customer demands from internal and external customers, within set expectations for service excellence.   Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging.

Preferred:  CPA and 3 years of experience with CareFirst BlueCross BlueShield.  Very strong PC skills.  Experience with Hyperion/Essbase.  In depth knowledge of CareFirst systems and processes, Federal Employee Health Benefit Acquisition Regulations (FEHBAR), Affordable Care Act (ACA), and the Cost Accounting Standards (CAS).

Department: Management Reporting

CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer.  It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

Actual salary will be based on relevant job experience and work history.

Please visit our website to apply:

PeopleSoft/Self Service/Recruiting

Note:  The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on Federal health care programs.


The associate is primarily seated while performing the duties of the position.  Occasional walking or standing is required.  The hands are regularly used to write, type, key and handle or feel small controls and objects.  The associate must frequently talk and hear.  Weights up to 25 pounds are occasionally lifted.

Must be eligible to work in the U.S. without Sponsorship

Please apply before: 5/25/2017



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