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 Analyst 1, PBM FinOps - Client Credit manages financial transactions, reconciles accounts, prepares financial reports, and ensures compliance with financial policies and regulations. Applies in-depth expertise in financial systems and processes to maintain accurate financial records, process payments, and contribute to the efficient operation of financial activities within the organization.
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Specifically, this candidate will be responsible for:
- Developing complex budget insights based on analyses of historical financial data, market trends, and business strategies, in order to contribute to the creation of accurate financial plans.
- Working closely with the Account Team on changes to client contracts and implementing those changes to the system.
- Communicating internally and externally to prepare financial reports, statements, and presentations for internal stakeholders to ensure accuracy, compliance with GAAP, and effective communication of financial information.
- Conducting routine cost analysis to identify cost-saving opportunities and improve efficiency
- Identifying opportunities for streamlining financial workflows, automating manual processes, and / or implementing new financial systems or technologies
- Implementing financial models and scenario analysis in order to provide insights for strategic initiatives, such as mergers, acquisitions, or new service line developments
- 6+ month of experience in Microsoft Office, specifically Excel and Word
- 6+ months of work experience
- Strong analytical, organizational, communication, and interpersonal skills
- Able to work with a highly accountable team in a fast-paced environment and quickly learn complex computer applications
- Communicate effectively and uphold excellent customer service and demeanor in challenging situations and escalated calls
- Knowledge of the SAP Financial System, Apttus, and/or Salesforce
- Cloud Financial Operations (FinOps) Certified Professional
- Desire to grow within role and within the organization as a whole
Bachelor's Degree or equivalent experience
Pay Range
The typical pay range for this role is:
$43,888.00 - $85,068.00
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: 11/03/2024
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.