Financial Analyst - Rebate Payment Operations

$43,888 - $93,575/Yr

CVS Health - Scottsdale, AZ

Full-time - Entry Level

Scottsdale, AZ

Health and Personal Care Retailers

About the position

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand - with heart at its center - our purpose sends a personal message that how we deliver our services is just as important as what we deliver. Our Heart At Work Behaviors support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable. The Financial Analyst - Rebate Payment Operations of the Finance PBM Client Payments Team, 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. As a Financial Analyst, you will be 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. This position will interact 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).

Responsibilities

• Manage a robust calendar of rebate payment deliverables.
• Perform detailed manual calculations for rebate payments.
• Conduct large standard payment reconciliations.
• Execute thorough historical payment research projects.
• Utilize Microsoft Access and Microsoft Excel extensively for data analysis.
• Interact with upper leadership to relay details on large payments.
• Collaborate with internal audit teams to provide standard reporting and improve processes.
• Develop training and work instruction documentation with management and peers.
• Manage requests and inquiries submitted through a workload management platform (Salesforce).

Requirements

• 1+ years of MS Excel experience and experience with all of Microsoft Suite.
• 1+ years of finance/accounting or applicable experience.

Nice-to-haves

• Experience in a financial operations role.
• PBM industry experience.
• SQL experience.
• Database experience.
• Experience working with large volumes of data.
• Intermediate working knowledge of accounting and workload management software (e.g. SAP & Salesforce).
• Ability to work independently as well as in a team environment.
• Strong analytical skills.
• Intermediate to expert level experience in Microsoft Office Suite, specifically Excel, Access, and Outlook.
• Positive attitude and willingness to absorb new information.
• Attention to detail.
• Organizational skills and flexibility.

Benefits

• Full range of medical, dental, and vision benefits.
• 401(k) retirement savings plan.
• Employee Stock Purchase Plan for eligible employees.
• Fully-paid term life insurance plan for eligible employees.
• Short-term and long-term disability benefits.
• Numerous well-being programs.
• Education assistance and free development courses.
• CVS store discount and discount programs with participating partners.
• Paid Time Off (PTO) or vacation pay, as well as paid holidays throughout the calendar year.