Senior Analyst, Merchandising (Funding Management)

CVS Health•Woonsocket, RI

4d•$46,988 - $112,200

About The Position

The Funding Management Analyst is responsible for the management of front store merchandising vendor funding activities and analysis, as well as analytical support for the category P&L. The role will also be responsible for adhoc analytical support to generate and interpret financial and business specific analysis as well as creating forecasts and communicating variances to business owners and managers. The analyst will use analysis of supplier allowance funding trends and forecasts to identify risks and opportunities which may impact category profitability.

Requirements

Intense interest in learning new things and intellectual curiosity
Outstanding analytical and problem solving skills
Ability to communicate to management & key stakeholders with poise and credibility
Ability to communicate effectively and succinctly, both verbally and in writing
Ability to manage and prioritize multiple assignments and meet tight deadlines
Ability to develop effective working relationships
Ability to work independently and adapt to changing work priorities as directed by supervisor or manager
An open and honest communication style that quickly builds trust and respect
BA or BS degree in Finance, Economics, Mathematics and/or other quantitative analytical degree
Merchandising and/or finance experience with an understanding of retail merchandising basics
Software: Experience using Microsoft Excel and Powerpoint

Nice To Haves

Strong experience with retail merchandising processes, financial reporting and accounting principles
Proven ability to think creatively, work cross-functionally with multiple stakeholders
Software: Experience using Access and/or SQL (or similar query language) to access large datasets in a relational database

Responsibilities

Support Category Management by providing and interpreting various financial and business specific analysis and forecasts, with a specific focus on Supplier Allowances and identifying opportunities to improve and optimize category profitability.
Develop analytical materials and prepare material and presentations in a way that can be easily understood by others who may not have the same background or expertise. Articulate conclusions and recommendations to the leadership team and category management.
Process all vendor funding for assigned categories, including value calculations, billing execution, ongoing vendor support and performance reporting. Assist in the development of annual forecasts and budgets for vendor funding, working with the leadership team and category management.
Ensure funding collection is performed in compliance with all required regulations and support audits requests from internal and external auditors. Enhance and enforce documentation, archiving, and audit processes for agreements with vendors.
Engage cross-functionally across the organization to drive results and resolve issues encountered by the team including the ability to assess and course-correct as necessary. Partner closely with business partners to break down questions, design analysis and determine required actions to solve problems.