Analyst, Accounting

CVS Health•Cumberland, RI

About The Position

The Analyst, Accounting is responsible for assigned close processes, including reporting, researching and correcting discrepancies within the month. The role supports financial planning, budgeting and forecasting for multiple Balance Sheet and P&L accounts, and prepares monthly financial reports with variance analysis for senior leadership and other stakeholders. The analyst reviews B2B Services contracts and collaborates with internal departments to help ensure revenue recognition complies with GAAP and contract terms. The role also reviews and records funding from multiple sources, prepares monthly close journal entries, reconciles Balance Sheet accounts against general ledger balances, and conducts monthly analyses such as Purchase-Price-Variance (PPV) Imports – Landed Costs Activity. The position partners with Finance, Trade and clients or vendors to research and resolve issues, works on Co-Op and B2B Services aged invoice reports to collect outstanding balances, and performs ad hoc reporting and analysis.

Requirements

At least 1 year of Microsoft Office experience, specifically Excel.
0–2+ years of experience in Accounting.
Bachelor’s degree in accounting or a related field.

Nice To Haves

Knowledge of SAP/Fiori software.
Knowledge of Excel Power Query functions.
Excellent verbal and written communication skills.
High degree of accuracy and attention to detail.
Ability to handle multiple tasks simultaneously and prioritize accordingly.
Analytical skills.
Presentation and organizational skills.
Ability to work independently with minimal supervision and take initiative.

Responsibilities

Manage assigned close processes, including reporting, researching and correcting discrepancies within the month.
Support financial planning, budgeting and forecasting for multiple Balance Sheet and P&L accounts.
Prepare detailed monthly Balance Sheet and P&L financial reports and provide variance analysis to senior leadership and stakeholders.
Review B2B Services contracts and work with internal departments to ensure revenue recognition complies with GAAP and contracted terms.
Review and record funding earned from multiple sources, including B2B Services, and ensure events are properly booked and recorded weekly and monthly.
Prepare journal entries for the monthly close.
Reconcile multiple Balance Sheet accounts monthly against general ledger balances using automated and/or manual processes.
Perform monthly analyses, including PPV Imports – Landed Costs Activity.
Partner with Finance, Trade and clients/vendors to research and resolve issues and inquiries.
Work on Co-Op and B2B Services aged invoice reports to collect outstanding balances.
Perform ad hoc reporting and analysis.