Financial Operations Analyst
CVS Health
full-time
Posted on:
Location Type: Remote
Location: Remote • Idaho, Ohio, Vermont • 🇺🇸 United States
Visit company websiteSalary
💰 $43,888 - $102,081 per year
Job Level
Junior
About the role
- 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
- 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
- PBM or pharmaceutical manufacturer experience and knowledge of pharmaceutical products preferred
- Contract interpretation experience preferred
- Bachelor’s Degree in Finance, Accounting, Business, Math, or Economics preferred or equivalent work experience
Benefits
- Affordable medical plan options
- 401(k) plan (including matching company contributions)
- Employee stock purchase plan
- No-cost programs for all colleagues including wellness screenings
- Tobacco cessation and weight management programs
- Confidential counseling and financial coaching
- Paid time off
- Flexible work schedules
- Family leave
- Dependent care resources
- Colleague assistance programs
- Tuition assistance
- Retiree medical access
- Many other benefits depending on eligibility
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
financial analysisdata analysisdata-miningcash reconciliationscontract administrationcontract interpretationpayment data manipulationvariance analysisdispute resolutionMicrosoft Excel
Soft skills
communicationanalytical thinkingproblem-solvingattention to detailorganizational skillsadaptabilityinterpersonal skillstime managementcollaborationcritical thinking