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 SummaryJob Description SummaryManages 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.A Brief Overview
Want more jobs like this?
Get Business Operations jobs in Phoenix, AZ delivered to your inbox every week.
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.
What you will do
- Assists in the management of financial plans, budgets, and forecasts for the organization, including development and implementation.
- Confers financial reports and metrics to upper management, key stakeholders, and regulatory agencies in order to monitor financial operations.
- Directs teams to assess financial performance against budgeted goals, identify cost-saving opportunities, and implement strategies to control costs without compromising quality.
- Designs systems to ensure that the organization optimizes reimbursement, manages denials and appeals, and maintains compliance with healthcare regulations and insurance requirements
- Assesses metrics and output in order to ensure compliance with financial regulations.
- Helps establish and implement new initiatives including financial modeling, ROI analysis, and monitoring project budgets.
- Develops complex insights on specific contracts by assessing vendors, monitoring service level agreements, and optimizing financial arrangements with external parties.
- 5-7 years professional relevant work experience
- Adept at problem solving and decision making skills
- Adept at collaboration and teamwork
- Adept at growth mindset (agility and developing yourself and others) skills
- Adept at execution and delivery (planning, delivering, and supporting) skills
Bachelor's degree preferred/specialized training/relevant professional work experience Anticipated Weekly Hours
40Time Type
Full timePay Range
The typical pay range for this role is:$60,300.00 - $132,600.00This 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 peopleWe 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.