Financial Operations Analyst - Hybrid - Morris Plains, NJ

Cigna Group • Morris Plains, NJ

9h • $24 - $40 • Hybrid

About The Position

This is a hybrid role that requires on-site presence 3 days/week in the Morris Plains, NJ office. POSITION SUMMARY The Financial Operations Analyst maintains the Accounts Receivable subledger for an assigned portfolio of manufacturer accounts. ESSENTIAL FUNCTIONS Perform in-depth analysis of Pharma Manufacturer Rebate payment support documentation. Responsible for cash management and payment application. Collection of balances owed by manufacturer base; direct follow up on delinquent payments. Follow SOP of return coding of denied claims, facilitate research to confirm and resolve issues regarding validity of returns, book appropriate accruals, and evaluate continuous improvement opportunities to adjust invoicing processes to reduce future instances. Facilitate adjustments to subledger as required for accurate representation of accounts receivable. Collaboration with cross-functional areas to meet hard deadlines and support the KPI’s of the manufacturer accounts receivable team. Responsible for handling the resolution of annual invoicing to Pharma through a combination of collection, receipting, and various adjustment processes. Accurate and timely management of this process is critical to company’s ability to accurately record and subsequently pass eligible value to clients. Independently responsible for handling a highly complex set of inquiries and corresponding processes. Errors can lead to any combination of client abrasion, manufacturer abrasion, inaccurate financial reporting, and or inaccurate value passed on to clients.

Requirements

• Must be within driving distance to the Morris Plains, NJ office.
• Bachelor’s Degree in Business, Finance, Accounting, or related field or equivalent work experience.
• 2+ years relevant experience preferred.
• Proficiency in Word and PowerPoint.
• Advanced Excel skills, including experience with large data sets, pivot tables, VLookup, and macros.
• Prior experience with large-scale ERP system (Oracle or JDE preferred).
• Strong financial acumen, analytical skills, and negotiation skills.
• Strong verbal and written communication skills.
• Excellent attention to detail and organizational skills.
• Ability to self-motivate, work independently, and sustain performance with minimal supervision.
• Comfortable independently presenting complex information to a varied professional audience.
• Ability to facilitate and lead discussions on complex topics with internal and external contacts.
• Ability to perform at a high level and meet deadlines in a high-pressure environment.
• Ability to manage multiple priorities in a fast-paced environment.
• Strong work ethic and commitment to delivering high-quality results.
• If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.

Responsibilities

• Perform in-depth analysis of Pharma Manufacturer Rebate payment support documentation.
• Responsible for cash management and payment application.
• Collection of balances owed by manufacturer base; direct follow up on delinquent payments.
• Follow SOP of return coding of denied claims, facilitate research to confirm and resolve issues regarding validity of returns, book appropriate accruals, and evaluate continuous improvement opportunities to adjust invoicing processes to reduce future instances.
• Facilitate adjustments to subledger as required for accurate representation of accounts receivable.
• Collaboration with cross-functional areas to meet hard deadlines and support the KPI’s of the manufacturer accounts receivable team.
• Responsible for handling the resolution of annual invoicing to Pharma through a combination of collection, receipting, and various adjustment processes.
• Independently responsible for handling a highly complex set of inquiries and corresponding processes.

Benefits

• At The Cigna Group, you’ll enjoy a comprehensive range of benefits, with a focus on supporting your whole health.
• Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs.
• We also offer 401(k), company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees