Senior Financial Analyst – Rebate Payment Operations

Posted 3 Days Ago
Be an Early Applicant
7 Locations
47K-112K Annually
Mid level
Fitness • Healthtech • Retail • Pharmaceutical
The Role
The Senior Financial Analyst – Rebate Payment Operations manages rebate payment deliverables, performs calculations and reconciliations, utilizes various software for reporting, trains team members, and drives process improvements. The role requires strong analytical skills and collaboration within the team and across the organization.
Summary Generated by Built In

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.

Position Summary

The Senior Financial Analyst – Rebate Payment Operations 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.

The Senior Financial Analyst - Client Payments is 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, SQL, Microsoft Excel, enterprise accounting platforms (SAP), and enterprise client registration systems. The individual in this role will have the autonomy to complete deliverables as they see fit and in accordance with team standards and contractual obligations. It will also collaborate with other members of the team extensively, including helping the team manage and track all payment deliverables. The role will have a specific focus on training new and existing team members on payment processes as well as assisting in developing new standards to be tracked and implemented across the team. The role will also require managing and facilitating special projects that are geared towards streamlining and automating payment processes which include the creation of communication and training plans.

The Senior Financial Analyst - Client Payments interacts with many levels within the organization. This includes but is not limited to, relaying detail on large payments to senior 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).

Required Qualifications

3+ years of professional experience, including 1+ years in a finance or accounting role

1+ years of intermediate Excel experience as well as experience with all of Microsoft Office Suite

1+ year of SQL experience

Preferred Qualifications

Experience in PBM industry, with pharmaceutical rebates, or contract administration

Experience with SAP and Salesforce

Advanced Excel skills including pivot tables, advanced formulas, VBA

Experience with SQL and databases

Ability to work with and complete analysis on significant amounts of data, using Microsoft Access and Excel

Demonstrated success in training/cross-training and collaborating with new and existing employees

Demonstrated success in managing multiple projects and deliverables

Education

Bachelor's degree or equivalent experience required

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$46,988.00 - $112,200.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls.  The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors.  This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. 
 
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities.  The Company offers a full range of medical, dental, and vision benefits.  Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees.  The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners.  As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.  
 
For more detailed information on available benefits, please visit Benefits | CVS Health

We anticipate the application window for this opening will close on: 03/16/2025

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

Top Skills

Enterprise Accounting Platforms
Microsoft Access
Excel
Salesforce
SAP
SQL
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The Company
HQ: Woonsocket, RI
119,959 Employees
On-site Workplace
Year Founded: 1963

What We Do

CVS Health is the leading health solutions company that delivers care in ways no one else can. We reach people in more ways and improve the health of communities across America through our local presence, digital channels and our nearly 300,000 dedicated colleagues – including more than 40,000 physicians, pharmacists, nurses and nurse practitioners.

Wherever and whenever people need us, we help them with their health – whether that’s managing chronic diseases, staying compliant with their medications, or accessing affordable health and wellness services in the most convenient ways. We help people navigate the health care system – and their personal health care – by improving access, lowering costs and being a trusted partner for every meaningful moment of health. And we do it all with heart, each and every day.

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