Internal Controls, Principal

Job Description

Your Role

The Principal will perform complex level professional internal controls assessment work and consulting services. Work involves leading or conducting financial, operational and compliance projects; providing consulting services to the organization's management and staff; and providing training and coaching to business operation owners. Maintains all organizational and professional ethical standards. Works independently under minimal supervision with considerable latitude and expectation for initiative and independent judgment.

Responsibilities

Your Work

In this role, you will:

• Execute the goals of the Internal Controls Advisory Services program by coordinating with cross functional operational business partners including Finance, Operations, Health Solutions, Information Technology, Internal Audit, and compliance leadership to establish an effective internal control environment and controls conscientious culture
• Identify and evaluate the organization's risk areas and provide key input to the development of the Internal Controls work plan
• Perform control assessments which include identifying and defining issues, developing criteria, reviewing and analyzing evidence, and documenting client processes and procedures
• Conduct interviews, review documents, compose summary memos, and prepare work papers
• Proactively contribute to complex project initiatives of strategic importance to the organization
• Execute assigned internal controls testing for processes involving finance, operations, and information technology
• Conduct thorough process reviews and broad risk assessments that include Gap and Root Cause Analysis
• Evaluate the effectiveness of corporate policies, processes, and procedures against established standards, guidelines and requirements and recommend changes where appropriate
• Develops and maintains productive client and staff relationships through individual contacts and group meetings
• Prepare and deliver reports to senior leadership pertaining to the effectiveness of their business unit's internal control structure along with recommendations for improvement

Qualifications

Your Knowledge and Experience

• Bachelor's degree required
• Minimum of 7 years of full-time experience in auditing, business analysis, or program evaluation required
• CPA, CIA, or CISA certifications preferred
• Experience in healthcare industry, specifically Medi-Cal and Medicare preferred
• Considerable knowledge of and skill in applying internal auditing and accounting principles and practices, and management principles and preferred business practices
• Strong understanding of internal controls and the ability to leverage such knowledge to make effective advisory recommendations
• Knowledge of the Standards for the Professional Practice of Internal Auditing and the Code of Ethics developed by the Institute of Internal Auditors
• Knowledge of management information systems terminology, concepts, and practices
• Knowledge of industry program policies, procedures, regulations, and laws
• Skill in collecting and analyzing complex data, evaluating information and systems, and drawing logical conclusions
• Considerable skill in planning and project management, and in maintaining composure under pressure while meeting multiple deadlines
• Communicates the results of consulting projects via written reports and oral presentations to mid-level and senior leadership
• Team player with strong interpersonal, communication and project management skills

Pay Range: The pay range for this role is $136,400.00 to $204,600.00 for California.

Note: Please note that this range represents the pay range for this and many other positions at Blue Shield that fall into this pay grade. Blue Shield salaries are based on a variety of factors, including the candidate's experience, location (California, Bay area, or outside California), and current employee salaries for similar roles.

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About the Team

Blue Shield of California's mission is to ensure all Californians have access to high-quality health care at a sustainably affordable price. We are transforming health care in a way that genuinely serves our nonprofit mission by lowering costs, improving quality, and enhancing the member and physician experience.

To fulfill our mission, we must ensure a diverse, equitable, and inclusive environment where all employees can be their authentic selves and fully contribute to meet the needs of the multifaceted communities we serve. Our continued commitment to diversity, equity, and inclusion upholds our values and advances our goal of creating a healthcare system that is worthy of our family and friends while addressing health disparities, promoting social justice, and integrating health equity through our products, business practices, and presence as a corporate citizen.

Blue Shield has received awards and recognition for being a certified Fortune 100 Best Companies to Work, Military Friendly Employer, People Companies that Care, a Leading Disability Employer, and one of California's top companies in volunteering and giving. Here at Blue Shield, we strive to make a positive change across our industry and communities - join us!

Our Values:

• Honest. We hold ourselves to the highest ethical and integrity standards. We build trust by doing what we say we're going to do and by acknowledging and correcting where we fall short.
• Human. We strive to be our authentic selves, listening and communicating effectively, and showing empathy towards others by walking in their shoes.
• Courageous. We stand up for what we believe in and are committed to the hard work necessary to achieve our ambitious goals.

Our Workplace Model:

Blue Shield of California is dedicated to making work-life balance a reality. Whether you prefer to work in an office or from home, we understand flexibility is more important than ever. That's why Blue Shield is a hybrid company, offering you the opportunity to decide where you can do your best and most meaningful work.

Two ways of working: Hybrid (our default) and office

• Hybrid - In a business unit approved office a few times per year to 3 days per week, on average

• Office - In a business unit approved office 4+ days a week, on average. If the role you're applying for is deemed an "Essential Role," the company has determined that the role can only be performed in a Blue Shield office or in the field and would require your to meet the office worker classification.

Physical Requirements:

Office Environment - roles involving part to full time schedule in Office Environment. Due to the current public health emergency in California, Blue Shield employees are almost all working remotely. Based in our physical offices and work from home office/deskwork - Activity level: Sedentary, frequency most of work day.

Please click here for further physical requirement detail.

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.

Location: Philatelic, CA, US

Posted Date: 11/28/2024