Financial Operations Analyst

Job description

CO Salary Range: USD 43,888.00 - 93,574.00 per year 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 Rebate Reconciliation Analyst position will primarily be engaged in rebate reconciliation activities, payment analysis, dispute resolution, reserve analysis and other related financial analyses.This includes working closely with internal partners such as Trade Relations / Legal / Accounting and external partners such as Pharmaceutical ManufacturersThe successful candidate will possess the following skills: - Excellent problem solving skills. - Detail oriented and proven analytical skills are necessary with the ability to organize and prioritize workloads and meet strict deadlines. - Ability to handle basic to intermediate data manipulation and analysis - Excellent written and oral communication skills are essential as this position interfaces with various levels within the organization as well as with our external pharmaceutical company counterparts.As a member of the team, you will help drive value for our clients by reducing their overall drug spend. Our organization is focused on making quality care more affordable, accessible, simple, and seamless. Together, we are committed to helping people on their path to better health. Job Duties Review and comprehend all contract terms applicable to the Reconciliation function Track and apply payments due from pharmaceutical manufacturers Identify any late payments and request late fee billing as required by contract Manipulate and Analyze payment data from pharmaceutical manufacturers Reconcile payment data received with Invoiced amount to identify all items disputed by pharmaceutical manufacturers Analyze and research all variances and disputed items and determine whether to accept or reject disputes Communicate with pharmaceutical manufacturers regarding variances and disputes Update internal dispute tracking data file o…