Financial Operations Analyst

Job not on LinkedIn

🔥 6 minutes ago

🌽 Illinois – Remote

🌽 Illinois – Remote

💵 $43.9k - $93.6k / year

⏰ Full Time

🟢 Junior

⚙️ Operations

🚫👨‍🎓 No degree required

👻 Ghost score 0%

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CVS Health Careers

WebsiteLinkedInAll Job Openings

10,000+ employees

🏥 Healthcare

🛒 Retail

📦 Logistics

Healthcare • Retail • Logistics

CVS Health Careers is the recruitment and employer branding arm of CVS Health, showcasing job opportunities across the company's broad operations—pharmacy retail stores, pharmacy services, health care clinics, distribution warehouses, corporate functions and transportation. The careers site emphasizes purpose-driven work focused on improving access, affordability and quality of health care, and highlights a large workforce (300,000+ employees), inclusive culture, benefits, and hiring resources for applicants.

📋 Description

• Review and comprehend all contract terms applicable to the Reconciliation function • Track and apply payments due from pharmaceutical manufacturers • Identify late payments and request late fee billing as required by contract • Manipulate and analyze payment data from pharmaceutical manufacturers • Reconcile payment data received with invoiced amounts to identify disputed items • Analyze and research variances and disputed items and determine whether to accept or reject disputes • Communicate with pharmaceutical manufacturers regarding variances and disputes • Update internal dispute tracking data file monthly • Perform required reserve analysis monthly • Investigate and respond to questions and inquiries regarding open balances • Work closely with internal partners including Trade Relations, Legal, and Accounting, and external pharmaceutical manufacturer partners • Help drive client value by reducing overall drug spend

🎯 Requirements

• 6+ months financial or analytical experience • 6+ months experience with Microsoft Excel • Excellent problem solving skills • Detail oriented and proven analytical skills • Ability to organize and prioritize workloads and meet strict deadlines • Ability to handle basic to intermediate data manipulation and analysis • Excellent written and oral communication skills • Bachelor’s Degree in Finance, Accounting, Business, Math, or Economics preferred or equivalent work experience • Experience working in a dynamic, fast-paced environment preferred • Experience with contract administration, financial and/or data analysis, data-mining, cash reconciliations, and complex processes beneficial • PBM or pharmaceutical manufacturer experience and knowledge of pharmaceutical products preferred • Contract interpretation experience preferred

🏖️ Benefits

• Medical coverage • Dental coverage • Vision coverage • Paid time off • Retirement savings options • Wellness programs • Other resources supporting physical, emotional, and financial well-being • CVS Health bonus, commission or short-term incentive program in addition to base pay

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