Sr. Budget Consultant (FP&A)

The Role
We are seeking a highly accomplished Senior Budget Consultant with a proven track record of driving fiscal excellence and operational efficiency. In this high-impact, strategic role, you will partner directly with senior executive leadership to steer our end-to-end annual corporate operating budget, forecasting, and financial closing processes. Beyond core financial management, you will serve as a key advisor in administrative spending forums, spearhead high-priority cost-saving initiatives (including directing efforts for our Smart Savings subcommittee), and lead our participation in annual Blue Cross Blue Shield benchmarking. Leveraging your deep expertise in Hyperion EPBCS, you will continuously optimize our financial systems, translate complex data into actionable insights, and champion processes that secure the long-term financial health and competitive advantage of our organization.

Key responsibilities

• Contribute to the end-to-end annual corporate operating budget and forecasting processes, including trend analysis, target setting, and preparation of materials for Executive approval.

• Manage the monthly and year-end closing processes, overseeing all related financial analysis and the generation of comprehensive reporting packages for leadership.

• Analyze and report on administrative spending, representing the finance team in forums related to strategic planning, pricing, and benchmarking.

• Partner with senior leaders to identify, model, and influence the implementation of projects that drive long-term expense reduction and operational efficiency.

• Spearhead the execution of cost-saving initiatives as directed by the Smart Savings subcommittee.

• Continuously refine data collection, synthesis, and analysis to provide actionable insights that optimize vendor spending and drive value-based decisions.

• Oversee the development, management, and maintenance of the budgeting system (Hyperion EPBCS).

• Ensure the continued alignment of budget and procurement systems to enhance the team's ability to drive value and provide insightful analysis.

• Spearhead the company's involvement in the annual benchmarking of various Blues plans to analyze and report on expense competitiveness and efficiency.

• Develop and refine processes to create more efficient and impactful financial outcomes.

Key competencies

• Excellent leadership and interpersonal skills, including working collaboratively with all levels of leadership and associates
• Excellent presentation skills including presentation development, vetting and delivery
• Ability to develop and refine meaningful processes to drive efficient and impactful outcomes

Education

• 10 years of progressive budget / FP&A experience
• BA/BS required

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High school degree or equivalent required unless otherwise noted above

The job posting range is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting.  We may ultimately pay more or less than the posted range, and the range may be modified in the future.  An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs and affordability.

This job is also eligible for variable pay.

We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and a suite of well-being benefits to eligible employees.

Note:  No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

WHY Blue Cross Blue Shield of MA?

We understand that the confidence gap and imposter syndrome can  prevent  amazing candidates coming our way, so please don’t hesitate to apply. We’d love to hear from you. You might be just what we need for this role or possibly another one at Blue Cross Blue Shield of MA. The more voices we have represented and amplified in our business, the more we will all thrive, contribute, and be brilliant. We encourage you to bring us your true colors, , your perspectives, and your experiences. It’s in our differences that we will remain relentless in our pursuit to transform healthcare for ALL.

As an employer, we are committed to investing in your development and providing the necessary resources to enable your success. Learn how we are dedicated to creating an inclusive and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path by visiting our Company Culture page. If this sounds like something you’d like to be a part of, we’d love to hear from you. You can also join our Talent Community to stay “in the know” on all things Blue.

At Blue Cross Blue Shield of Massachusetts, we believe in wellness and that work/life balance is a key part of associate wellbeing. For more information on how we work and support that work/life balance visit our "How We Work" Page.