CareFirst Careers

Director, Accounting & Financial Systems

Resp & Qualifications

CareFirst—the largest health insurer based in the Mid-Atlantic—is looking for talented, passionate people committed to helping us transform the healthcare experience.  We are currently looking for a dynamic and strategic leader to join our Accounting and Finance team.


Reporting Relationship       

Director, Accounting & Financial Systems reports to the VP, Corporate Controller of CareFirst Blue Cross Blue Shield.

Management Oversight               

Leading our Financial Accounting, Financial Reporting, Financial Systems and Technical Accounting areas

  • 5 direct reports
  • Approx. 40 indirect reports
  • Responsible for annual budget of $8 million


The Director, Accounting & Financial Systems is responsible for leading the organization's accounting practices and financial compliance.  The role monitors and maintains the internal controls over financial reporting and directs the analysis and validation of the organization’s financial statements and reports information monthly to the Controller, CFO, CEO and Board of Directors.

In summary, the primary responsibilities include:

  • Financial Statement Preparation - Lead the timely preparation and analysis of the monthly internal financial statements, quarterly and annual statements submitted to insurance regulators, and year-end audited statements and footnotes in accordance with generally accepted accounting principles (GAAP) and statutory accounting principles (STAT).
  • Internal Control Management - Monitor and maintain internal controls over financial reporting to ensure the financial statements are complete, accurate and adhere to GAAP and Statutory Accounting standards and guidelines. 
  • Audit Coordination - Act as liaison with external auditors, external insurance department examiners and insurance department analysts. Assist with preparation and presentation to Board of Directors—Audit Committee concerning financial and control issues.
  • Financial Statement Analysis - Analyze and articulate the monthly financial results and respond to requests from senior management regarding financial statements and related accounting topics.
  • Board of Director Reporting - Manage preparation of financial reports to the Finance and Audit Committees of the Board, ensuring the reporting is informative and responsive to the Board of Directors and its committees.
  • Technical Accounting - Lead the preparation of technical accounting position papers including senior management specific requests.

Specific responsibilities include:

Direct the execution of monthly closing activities

Direct the management of the monthly closing of all financial systems, recording of accruals and deferrals as appropriate, ensuring that all activities are executed in a timely manner and in accordance with associated accounting policies, procedures and guidelines.  This function includes control over both the GAAP and STAT general ledger production and required analysis for presentation to Executive management of the organization’s financial performance.

Prepare financial & business analysis at the Market Segment Level

Directs a detailed financial and business analysis at the market segment level. This analysis includes comparison and explanation of actual to plan variances, identifies and reports exposures and opportunities and reports on other statistical factors and business trends of each business segment. 

Oversee accounting and control policies

Establish, organize, communicate and coordinate all accounting and control policies and procedures to ensure that accounting processes and operational functions are tested constantly and meet standard internal and GAAP controls, which are effectively implemented into all related Controller activities.

Direct and lead the strategic direction of the financial systems

Direct and lead the strategic direction of the Financial Systems department which is responsible for control of the ERP and all related Core systems used to create an efficient, controlled financial structure supporting the Finance Division.  Evaluate new technologies to determine potential benefits to the CareFirst Finance department.


The ideal candidate will have Accounting leadership experience within the health insurance industry.  He/she will possess a minimum of 7 years of progressively responsible accounting and managerial experience. 

Other specific qualifications/background experiences include:

  • A bachelor’s degree in accounting and CPA.
  • Demonstrated expertise in accounting and financial operations. 
  • Proven ability to provide vision and direction to a team.  Capable of guiding and developing staff through candid, positive and constructive feedback.
  • Excellent leadership and communication skills.  Effective written and verbal communication skills. An ability to effectively impart complex and technical issues to a diverse audience
  • Extremely strong analytical skills analytical skills and business acumen
  • Strong knowledge of financial systems.
  • Proven track record in managing multiple priorities in a complex and fast-paced environment
  • Ability to influence others in the organization in the creation of new ideas and approaches


  • Foster collaboration – effectively balances drive for results with ability to get others to accomplish things through inclusion, empowerment and goal setting
  • Organizational Development – track record of building and developing a successful team
  • Strong presentation skills – experienced in articulating the “business story” behind the results to a wide variety of audiences.
  • Drive for results – maintains personal and management focus on projects through completion
  • Resilience – embraces change and champions new processes, technologies and business practices.  Adapts to shifting/competing priorities.
  • Leadership – accurately identify strengths and development needs of team.  Provide useful coaching, training and development.
  • Strategic Leader – track record of success in evaluating and defining strategy as well as bridging strategies to operational activities
  • Support Strategy – ability to support company initiatives and rally others to do so.  Provides focus to leaders and managers to hey understand priorities




Equal Employment Opportunity

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.

Hire Range Disclaimer

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

Where To Apply

Please visit our website to apply:

Closing Date

Please apply before: 6/18/2020

Federal Disc/Physical Demand

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.

Sponsorship in US

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

Learn more about Finance & Accounting