Senior Director, Clinical Account Management – PBM Clients
Microsoft 365
Financial Operations Analyst
CVS Health
full-time
Posted on:
Origin: • 🇺🇸 United States • Idaho
Visit company websiteSalary
💰 $43,888 - $102,081 per year
Job Level
Junior
About the role
- Rebate reconciliation activities including payment analysis, dispute resolution, and reserve analysis
- 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 amount 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 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
- Work closely with internal partners (Trade Relations, Legal, Accounting) and external pharmaceutical manufacturers to reduce 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 with 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
- 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 (preferred)
- 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
