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Financial Operations Analyst
CVS Health. Perform rebate reconciliation activities, payment analysis, dispute resolution, reserve analysis, and related financial analyses .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates strong financial analysis capabilities, including rebate reconciliation, payment analysis, and dispute resolution. Proficient in data manipulation and analysis, with a focus on contract interpretation and communication with pharmaceutical manufacturers.
Highest-signal resume keywords
Financial AnalysisRebate ReconciliationData ManipulationContract AdministrationCommunication Skills
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Payment AnalysisDispute ResolutionReserve AnalysisData AnalysisData-MiningCash ReconciliationContract InterpretationMicrosoft ExcelAnalytical SkillsDetail-Oriented
Soft Skills
Problem-SolvingOrganizational SkillsPrioritizationCommunication Skills
Industry Keywords
Pharmaceutical ManufacturerPBMFinancial AnalysisContract TermsDynamic Environment
About the role
Key responsibilities & impact- Perform rebate reconciliation activities, payment analysis, dispute resolution, reserve analysis, and related financial analyses
- Work closely with Trade Relations, Legal, Accounting, and pharmaceutical manufacturers
- Review and comprehend contract terms applicable to the Reconciliation function
- Track and apply payments due from pharmaceutical manufacturers
- Identify late payments and request late fee billing as required by contract
- Manipulate and analyze payment data from pharmaceutical manufacturers
- Reconcile payment data with invoiced amounts to identify disputed items
- Analyze and research variances and disputed items and determine whether to accept or reject disputes
- Communicate with pharmaceutical manufacturers regarding variances and disputes
- Update internal dispute tracking data monthly
- Perform required reserve analysis monthly
- Investigate and respond to inquiries regarding open balances
- Help reduce clients’ overall drug spend and make quality care more affordable and accessible
Requirements
What you’ll need- 6+ months financial or analytical experience
- 6+ months experience with Microsoft Excel
- Bachelor’s Degree in Finance, Accounting, Business, Math, or Economics preferred or equivalent work experience
- Ability to handle basic to intermediate data manipulation and analysis
- Excellent problem-solving skills
- Detail-oriented and proven analytical skills
- Ability to organize and prioritize workloads and meet strict deadlines
- Excellent written and oral communication skills
- Experience working in a dynamic, fast-paced environment preferred
- Experience with contract administration, financial and/or data analysis, data-mining, cash reconciliations, and complex processes beneficial
- PBM or pharmaceutical manufacturer experience and knowledge of pharmaceutical products preferred
- Contract interpretation experience preferred
Benefits
Comp & perks- Medical coverage
- Dental coverage
- Vision coverage
- Paid time off
- Retirement savings options
- Wellness programs
- Other resources supporting physical, emotional, and financial well-being
- CVS Health bonus, commission or short-term incentive program