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Financial Operations Analyst
CVS Health. Review and comprehend all contract terms applicable to the reconciliation function .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates strong analytical capabilities and attention to detail in financial data manipulation and reconciliation. Proficient in contract interpretation and communication with pharmaceutical manufacturers to resolve disputes and variances.
Highest-signal resume keywords
Financial AnalysisData ManipulationContract AdministrationMicrosoft ExcelPharmaceutical Manufacturer Experience
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Financial AnalysisData ManipulationContract AdministrationCash ReconciliationData AnalysisData-MiningVariance AnalysisDispute ResolutionPayment TrackingReserves Analysis
Soft Skills
Problem SolvingDetail OrientedOrganizational SkillsCommunication SkillsTime Management
Tools & Technologies
Microsoft Excel
Industry Keywords
Pharmaceutical ProductsContract InterpretationPBM ExperienceFinancial ProcessesDynamic Environment
About the role
Key responsibilities & impact- Review and comprehend all 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 file monthly
- Perform monthly analysis of required reserves
- Investigate and respond to questions and inquiries regarding open balances
- Work closely with internal partners including Trade Relations, Legal, and Accounting, and external pharmaceutical manufacturer partners
- Help drive value for clients by reducing overall drug spend
Requirements
What you’ll need- 6+ months financial or analytical experience
- 6+ months experience with Microsoft Excel
- Excellent problem solving skills
- Detail oriented and proven analytical skills
- Ability to organize and prioritize workloads and meet strict deadlines
- Ability to handle basic to intermediate data manipulation and analysis
- Excellent written and oral communication skills
- Bachelor's Degree in Finance, Accounting, Business, Math, or Economics preferred or equivalent work experience
- 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- CVS Health bonus, commission or short-term incentive program in addition to base pay range
- Medical coverage
- Dental coverage
- Vision coverage
- Paid time off
- Retirement savings options
- Wellness programs
- Other resources supporting physical, emotional, and financial well-being, based on eligibility