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Vendor Funding - Senior Analyst

AT CVS Health
CVS Health

Vendor Funding - Senior Analyst

Woonsocket, RI

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 Funding Management Analyst is responsible for the management of front store merchandising vendor funding activities and analysis, as well as analytical support for the category P&L. The role will also be responsible for adhoc analytical support to generate and interpret financial and business specific analysis as well as creating forecasts and communicating variances to business owners and managers. The analyst will use analysis of supplier allowance funding trends and forecasts to identify risks and opportunities which may impact category profitability.

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  • Support Category Management by providing and interpreting various financial and business specific analysis and forecasts, with a specific focus on Supplier Allowances and identifying opportunities to improve and optimize category profitability.
  • Develop analytical materials and prepare material and presentations in a way that can be easily understood by others who may not have the same background or expertise. Articulate conclusions and recommendations to the leadership team and category management.
  • Process all vendor funding for assigned categories, including value calculations, billing execution, ongoing vendor support and performance reporting. Assist in the development of annual forecasts and budgets for vendor funding, working with the leadership team and category management.
  • Ensure funding collection is performed in compliance with all required regulations and support audits requests from internal and external auditors. Enhance and enforce documentation, archiving, and audit processes for agreements with vendors.
  • Engage cross-functionally across the organization to drive results and resolve issues encountered by the team including the ability to assess and course-correct as necessary. Partner closely with business partners to break down questions, design analysis and determine required actions to solve problems.
Required Qualifications
  • 2+ years of experience in merchandising and/or finance with an understanding of retail merchandising basics
  • 2+ years of experience using Microsoft Excel and PowerPoint
  • Intense interest in learning new things and intellectual curiosity
  • Outstanding analytical and problem-solving skills
  • Ability to communicate to management & key stakeholders with poise and credibility
  • Ability to communicate effectively and succinctly, both verbally and in writing
  • Ability to manage and prioritize multiple assignments and meet tight deadlines
  • Ability to develop effective working relationships
  • Ability to work independently and adapt to changing work priorities as directed by supervisor or manager
  • An open and honest communication style that quickly builds trust and respect
  • Track record of high performance
  • Regular and reliable attendance
  • Any additional tasks as required by the supervisor or manager
  • Travel - Up to 10% of the time as required by the business
Preferred Qualifications
  • 5+ years of experience in merchandising and/or finance with an understanding of retail merchandising basics
  • 5+ years of experience using Microsoft Excel and PowerPoint
  • Experience with retail merchandising processes, financial reporting and accounting principles
  • Proven ability to think creatively, work cross-functionally with multiple stakeholders
  • Software: Experience using Access and/or SQL (or similar query language) to access large datasets in a relational database
  • Masters
Education

BA or BS degree in Finance, Economics, Mathematics and/or other quantitative analytical degree required. Anticipated Weekly Hours
40Time Type
Full timePay Range

The typical pay range for this role is:$46,988.00 - $112,200.00This 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.
For more information, visit https://jobs.cvshealth.com/us/en/benefitsWe anticipate the application window for this opening will close on: 04/30/2025Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

Client-provided location(s): Woonsocket, RI 02895, USA
Job ID: CVS-R0523286
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • HSA
    • HSA With Employer Contribution
    • Pet Insurance
    • Mental Health Benefits
  • Parental Benefits

    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
  • Financial and Retirement

    • 401(K) With Company Matching
  • Professional Development

    • Tuition Reimbursement
  • Diversity and Inclusion

    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program