Rebate Reconciliation Finance Manager
Posted on: 10 Apr 2021
Northbrook, IL
Job Description
Job Description
The Rebates Reconciliation Finance Manager provides leadership and manages the day to day activities of a team of Consultants, Senior Consultants and Advisors that support the administration of pharmaceutical contracts. This includes, but is not limited to, ongoing coaching and feedback of personnel, goals and expectation setting, career development planning, and performance reviews. Responsibilities include, but not limited to, meeting contractual obligations through accurate and timely submissions of claims / reports and subsequent cash collection and reconciliation.
Duties :
Monitoring full cash collection, ensuring for timely collections within the contractual terms and reviewing payment reconciliations, ensuring write ups and write downs are both accurate and acceptable
Working with internal and external partners to resolve manufacturer disputes
Providing ongoing coaching and feedback to direct reports to foster their development and aid them in career progression
Assisting the departmental efforts in maintaining adequate process controls, including Sarbanes-Oxley testing and audits, both internal and external
Interacting with various levels of the organization, as well as, with external pharmaceutical counterparts.
Required Qualifications
5 years of Accounting / Finance / Operations
Experience may include internships or Masters degree with 3 years of Accounting / Finance / Operations experience to include internships.
Preferred Qualifications
Experience with CVS Caremark Benefit Design and / or Formulary
Experience with pharmaceutical products, pharmaceutical industry and contracts
Experience in data mining using RxNavigator and / or SQL
Management experience in an analytics or finance oriented group
Degree with a concentration in Math, Finance, Economics or Accounting
Education
Bachelor's Degree required
Business Overview
At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.
We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring or promotion based on race, ethnicity, sex/gender, sexual orientation, gender identity or expression, age, disability or protected veteran status or on any other basis or characteristic prohibited by applicable federal, state, or local law. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.
CVS Health
Woonsocket, RI
CVS Health Corporation provides health services and plans in the United States. Its Pharmacy Services segment offers pharmacy benefit management solutions, such as plan design and administration, formulary management, retail pharmacy network management, mail order pharmacy, specialty pharmacy and infusion, Medicare Part D, clinical, disease management, and medical spend management services. The company’s Retail/LTC segment sells prescription drugs and general merchandise, such as over-the-counter drugs, beauty products, cosmetics, and personal care products, as well as provides health care services through its MinuteClinic walk-in medical clinics.
Its Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, medical management, Medicare plans, PDPs, Medicaid health care management services, workers’ compensation administrative services, and health information technology products and services. The company’s customers include employers, insurance companies, unions, government employee groups, health plans, Medicare Part D prescription drug plans, Medicaid managed care plans, plans offered on public health insurance exchanges and private health insurance exchanges, other sponsors of health benefit plans, individuals, college students, workers, labor groups, and expatriates.
As of December 31, 2018, it had approximately 40 leased on-site pharmacies, 25 leased retail specialty pharmacy stores, 20 specialty mail order pharmacies, and 90 branches for infusion and enteral services; and 9,900 retail locations and 1,100 MinuteClinic locations, as well as operated an online retail pharmacy Websites, LTC pharmacies, and onsite pharmacies. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was founded in 1963 and is headquartered in Woonsocket, Rhode Island.
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IndustryHealthcare
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No. of Employees295, 000
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Website
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Jobs Posted4287
