Financial Analyst - Rebate Payment Operations

Posted:
8/26/2024, 3:01:53 AM

Location(s):
Arizona, United States ⋅ Northbrook, Illinois, United States ⋅ Scottsdale, Arizona, United States ⋅ Illinois, United States

Experience Level(s):
Junior

Field(s):
Finance & Banking ⋅ Operations & Logistics ⋅ Sales & Account Management

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.
 
Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

Position Summary
The Financial Analyst - Rebate Payment Operations of the Finance PBM Client Payments Team, requires a professional, detail-orientated, and flexible individual. The department is innovative, fast-paced, and in a consistent state of change, establishing a need for superior analytical and time-management skills. The role requires the individual to work autonomously on set deliverables while maintaining the strategy for continuous improvement. This role will be instrumental in maintaining and improving the team's rebate payment calculation, reporting, and communication processes.

As a Financial Analyst, you will responsible for managing a robust calendar of rebate payment deliverables. This involves performing detailed manual calculations, large standard payment reconciliations, and thorough historical payment research projects. All requiring extensive use of Microsoft Access, Microsoft Excel, enterprise accounting platforms (SAP), and enterprise client registration systems. The individual in the role will have the autonomy to complete deliverables as they see fit and in accordance with team standards and contractual obligations.
 

This position will interact with many levels within the organization. This includes, but is not limited to; relaying detail on large payments to upper leadership, working with internal audit teams to provide standard reporting and improve processes, working with management and peers to develop training and work instruction documentation, and managing a consistent workload of requests and inquiries submitted through a workload management platform (Salesforce).


Required Qualifications

  • 1+ years of MS excel experience as well as experience with all of Microsoft Suite.
  • 1+ years of finance/ accounting or applicable experience


Preferred Qualifications

  • Experience in a financial operations role
  • PBM industry experience
  • SQL experience
  • Database experience
  • Working with large volumes of data
  • Intermediate working knowledge of accounting and workload management software (e.g. SAP & Salesforce)
  • Able to work independently as well as in a team environment
  • Strong analytical skills
  • Intermediate to expert level experience in Microsoft office suite. Specifically Excel, Access, and Outlook
  • Positive attitude and a willingness to absorb new information
  • Attention to detail
  • Organizational skills and flexibility.


Education

Bachelor's Degree or equivalent experience required

Pay Range

The typical pay range for this role is:

$43,888.00 - $93,574.80

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls.  The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors.  This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. 
 
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities.  The Company offers a full range of medical, dental, and vision benefits.  Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees.  The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners.  As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.  
 
For more detailed information on available benefits, please visit jobs.CVSHealth.com/benefits

We anticipate the application window for this opening will close on: 09/09/2024

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

CVS Pharmacy Inc

Website: https://cvshealth.com/

Headquarter Location: Woonsocket, Rhode Island, United States

Employee Count: 10001+

Year Founded: 1963

IPO Status: Public

Last Funding Type: Post-IPO Equity

Industries: Health Care ⋅ Medical ⋅ Pharmaceutical ⋅ Retail ⋅ Sales