Financial Operations Analyst

Job Duties

• Review and comprehend all contract terms applicable to the Reconciliation function
• Track and apply payments due from pharmaceutical manufacturers
• Identify any 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 amount to identify all items disputed by pharmaceutical manufacturers
• Analyze and research all 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 on a monthly basis
• Perform analysis of required reserves on a monthly basis
• Investigate and respond to questions/inquiries regarding the status of open balances

Requirements

• 6+ months financial or analytical experience
• 6+ months experience with Microsoft Excel
• Excellent problem solving skills
• Detail oriented and proven analytical skills are necessary with the 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 are essential as this position interfaces with various levels within the organization as well as with our external pharmaceutical company counterparts

Qualifications

• Preferred Qualifications: Experience working in a dynamic, fast-paced environment, Experience with contract administration, financial and / or data analysis, data-mining, cash reconciliations, and complex processes is beneficial, PBM or pharmaceutical manufacturer experience and knowledge of pharmaceutical products preferred, Contract interpretation experience is preferred
• Education: Bachelor’s Degree in Finance, Accounting, Business, Math, or Economics preferred or equivalent work experience

Pay

The Typical Pay Range For This Role Is $43,888.00 - $102,081.00 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.