Pharmacy Financial Analyst

Cone Health • Greensboro, NC

240d

About The Position

The Pharmacy Financial Analyst is responsible for performing research, analysis, and reconciliation of pharmaceutical purchases, pharmaceutical contract optimization opportunities, and outpatient pharmaceutical reimbursement.

Requirements

• Bachelor Degree, or High School Diploma with 5 years of related experience.

Nice To Haves

• Bachelor's in Finance or directly related major.

Responsibilities

• Ensures accuracy and payment of invoices on time.
• Takes action to correct invoices.
• Utilizes automated systems for matching and processing of outstanding invoices.
• Acts as a resource for pharmacy business manager and purchasing agents for all aspects of invoice processing.
• Maintains knowledge base of inventory management system to provide information in the absence of the business manager.
• Ensures all payments are within the terms of contract.
• Communicates accruals to finance monthly by deadline.
• Maintains, reviews, and analyzes budget and financial records.
• Identifies and researches monthly budget variances; conducts full analysis prior to providing timely report to leadership.
• Utilizes all automated financial systems and reports efficiently and effectively.
• Assesses current budget and determines correct object code for expenses.
• Reviews purchase records and supplies information for projects.
• Coordinates inventories systemwide.
• Schedules appropriate outside and internal resources required for conducting inventory.
• Communicates inventory requirements/preparation to all campuses effectively.
• Reviews inventory reports for accuracy of count and pricing.
• Resolves and corrects discrepancies promptly.
• Provides accurate summary documentation by area.
• Oversees reimbursement, accounts payable, research/educational funds, charge reconciliation and pharmaceutical rebate programs.
• Oversees pharmacy returns program and failure to supply claims.
• Assists with medication procurement and communicates updates related to changes in medication procurement to internal and external stakeholders.
• Performs other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Ambulatory Health Care Services
• Education Level: Bachelor's degree