Financial Operations Analyst

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🔥 3 minutes ago

🏈 Alabama, Connecticut, +30 more states – Remote

🏈 Alabama – Remote 🦌 Connecticut – Remote 🐊 Florida – Remote 🥔 Idaho – Remote 🌽 Illinois – Remote 🌾 Iowa – Remote 🌪️ Kansas – Remote 🐎 Kentucky – Remote ⚜️ Louisiana – Remote 🦬 Montana – Remote 🌾 Nebraska – Remote 🗻 New Hampshire – Remote 🏖️ New Jersey – Remote 🌶️ New Mexico – Remote 🌲 North Carolina – Remote 🌾 North Dakota – Remote 🏈 Ohio – Remote 🦀 Maryland – Remote 🍂 Massachusetts – Remote 🚗 Michigan – Remote ❄️ Minnesota – Remote 🎸 Mississippi – Remote 🏰 Missouri – Remote 🔔 Pennsylvania – Remote ⚓ Rhode Island – Remote 🌴 South Carolina – Remote 🗿 South Dakota – Remote 🎸 Tennessee – Remote 🤠 Texas – Remote ⛰️ West Virginia – Remote 🧀 Wisconsin – Remote 🍑 Georgia – Remote

💵 $43.9k - $93.6k / year

⏰ Full Time

🟢 Junior

⚙️ Operations

🚫👨‍🎓 No degree required

👻 Ghost score 0%

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CVS Health

WebsiteLinkedInAll Job Openings

10,000+ employees

Founded 1963

🏥 Healthcare

⚕️ Healthcare Insurance

🛒 Retail

Healthcare • Healthcare Insurance • Retail

CVS Health is a leading American healthcare company dedicated to improving health access and affordability. The company focuses on a comprehensive approach that includes health services, health insurance, and pharmacy benefits management. Through its subsidiaries, such as Aetna and CVS Caremark, CVS Health offers a range of services that facilitate wellness, condition management, and affordable prescription drug coverage. CVS Health operates neighborhood pharmacies, provides mail-order pharmacy services, and manages specialty medication programs, aiming to make healthcare convenient and accessible for everyone. Driven by a mission to connect people with essential care services, CVS Health is committed to fostering healthier communities and supporting the wellbeing of all individuals.

📋 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 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 monthly analysis of required reserves • 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 value for clients 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

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

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