At CVS Health, we're building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.
As the nation's leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues – caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.
Position Summary
The 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 Financial Analyst - Rebate Payment Operations 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, 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.
The Financial Analyst - Rebate Payment Operations interacts 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).
A successful candidate will have the following skills:
Demonstrated success working independently as well as in a team environment
Strong analytical and problem-solving skills
Positive attitude
Strong attention to detail
Ability to effectively manage tight deadlines and escalated issues
Required
1+ years of professional experience.
1+ years of Excel experience.
Preferred
Experience in PBM industry, with pharmaceutical rebates, or contract administration.
Experience with SAP and Salesforce.
Strong Excel skills including pivot tables, advanced formulas, VBA.
Ability to work with and complete analysis on significant amounts of data, using Microsoft Access and Excel.
Education
Anticipated Weekly Hours
40
Time Type
Full time
Pay Range
The typical pay range for this role is:
$43,888.00 - $102,081.00
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.
Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.
Great benefits for great people
We take pride in our comprehensive and competitive mix of pay and benefits – investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:
Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan .
No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.
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We anticipate the application window for this opening will close on: 05/02/2025
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
We are an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.