[Remote] Financial Operations Analyst at CVS Health

Wisconsin, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Pharmaceuticals, RetailIndustries

Requirements

Candidates should have at least 6 months of financial or analytical experience and 6 months of experience with Microsoft Excel. A Bachelor's Degree in Finance, Accounting, Business, Math, or Economics is preferred, or equivalent work experience. Experience in a fast-paced environment, contract administration, financial analysis, data mining, cash reconciliations, PBM or pharmaceutical manufacturer experience, and contract interpretation are beneficial.

Responsibilities

The Financial Operations Analyst will perform rebate reconciliation activities, payment analysis, dispute resolution, and reserve analysis. This includes reviewing contract terms, tracking payments from pharmaceutical manufacturers, identifying and requesting late fees, manipulating and analyzing payment data, reconciling payment data with invoiced amounts, analyzing and researching variances, communicating with pharmaceutical manufacturers regarding disputes, updating dispute tracking files, performing reserve analysis, and responding to inquiries about open balances.

Skills

Rebate reconciliation

Payment analysis

Dispute resolution

Reserve analysis

Financial analysis

Data manipulation

Analytical skills

Problem-solving

Communication skills

CVS Health

Comprehensive pharmacy and healthcare services

About CVS Health

CVS Health operates a large network of retail pharmacies and walk-in medical clinics across the United States, providing a variety of health-related products and services. Their offerings include prescription medications, over-the-counter health products, and beauty items, as well as pharmacy benefits management and specialty pharmacy services. CVS Health's integrated business model allows them to serve individual consumers, businesses, and communities effectively, with a focus on improving health outcomes and reducing healthcare costs. Unlike many competitors, CVS Health combines pharmacy services with medical care, making it easier for patients to access quality healthcare. The company's goal is to enhance access to healthcare and support individuals in achieving better health.

Woonsocket, Rhode IslandHeadquarters

1963Year Founded

DEBTCompany Stage

Healthcare, Consumer GoodsIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

Company Equity

Wellness Program

Professional Development Budget

Paid Vacation

Paid Holidays

Risks

Legal challenges related to opioid prescriptions could harm CVS's reputation and finances.

The DOJ's intervention in a whistleblower lawsuit may increase legal costs for CVS.

The Horizon Organic Milk recall exposes potential vulnerabilities in CVS's supply chain.

Differentiation

CVS Health operates over 9,600 retail pharmacies and 1,100 walk-in clinics nationwide.

The company integrates pharmacy benefits management with specialty pharmacy services for comprehensive care.

CVS Health offers tailored medication plans through personalized medicine and pharmacogenomics.

Upsides

Expansion of telehealth services allows CVS to reach more patients remotely.

Increased consumer interest in wellness boosts demand for CVS's health-related products.

The trend towards value-based care aligns with CVS's integrated healthcare approach.

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