Analyst, Financial Operations

CVS Health • Northbrook, IL

5d

About The Position

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. Position Summary The Financial Analyst - Rebate Payment Operations requires a professional, detail-orientated, and flexible individual. The department is innovative, fast-paced, and in a consistent state of change, establishing a need for superior analytical and time-management skills. The role requires the individual to work autonomously on set deliverables while maintaining the strategy for continuous improvement. This role will be instrumental in maintaining and improving the team's rebate payment calculation, reporting, and communication processes. The Financial Analyst - Rebate Payment Operations is responsible for managing a robust calendar of rebate payment deliverables. This involves performing detailed manual calculations, large standard payment reconciliations, and thorough historical payment research projects, all requiring extensive use of Microsoft Access, Microsoft Excel, enterprise accounting platforms (SAP), and enterprise client registration systems. The individual in the role will have the autonomy to complete deliverables as they see fit and in accordance with team standards and contractual obligations. The Financial Analyst - Rebate Payment Operations interacts with many levels within the organization. This includes but is not limited to, relaying detail on large payments to upper leadership, working with internal audit teams to provide standard reporting and improve processes, working with management and peers to develop training and work instruction documentation, and managing a consistent workload of requests and inquiries submitted through a workload management platform (Salesforce). A successful candidate will have the following skills: - Demonstrated success working independently as well as in a team environment - Strong analytical and problem-solving skills - Positive attitude - Strong attention to detail - Ability to effectively manage tight deadlines and escalated issues

Requirements

• 1+ years of professional experience
• 1+ years of Excel experience
• Demonstrated success working independently as well as in a team environment
• Strong analytical and problem-solving skills
• Positive attitude
• Strong attention to detail
• Ability to effectively manage tight deadlines and escalated issues

Nice To Haves

• Experience in PBM industry, with pharmaceutical rebates, or contract administration
• Experience with SAP, SQL and Salesforce
• Strong Excel skills including pivot tables, advanced formulas, VBA
• Ability to work with and complete analysis on significant amounts of data, using Microsoft Access and Excel

Responsibilities

• managing a robust calendar of rebate payment deliverables
• performing detailed manual calculations
• performing large standard payment reconciliations
• performing thorough historical payment research projects
• relaying detail on large payments to upper leadership
• working with internal audit teams to provide standard reporting and improve processes
• working with management and peers to develop training and work instruction documentation
• managing a consistent workload of requests and inquiries submitted through a workload management platform (Salesforce)

Benefits

• Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level