Analyst, Operational Accounting
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 Analyst, Operational Accounting acts as point of escalation for accounting and administrative billing issues and inquiries. Supports accounting and billing teams to ensure invoices are completed and properly allocated to revenue and/or vendor passthrough streams. Establishes and maintains accounting and billing policies and controls, fiscal controls, preparing financial reports, and safeguarding the organization's assets. Maintains accounting and financial records and reports, including general ledger, financial statements, regulatory and management reports.What you will do
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- Support Billing Manager by being first point of escalation and support for accounting and billing direct reports.
- Track and monitor completion of accurate monthly invoices, leveraging communication and reporting to ensure monthly metrics are met.
- Field accounting and billing inquiries from internal and external stakeholders, resolving these inquiries in a timely fashion.
- Provide support for projects, special requests and quarterly audits by providing requested documentation that meets all audit requirements.
- Assists in the importing of invoices into the accounting system, preparation of financial statements, variance analysis, and ad-hoc financial reports as required.
- Assists with month-end responsibilities including identification and accrual of unbilled invoices.
- Analyzes financial data, tracks operational performance, and provides insights to support decision-making and improve operational efficiency.
- Performs financial analysis by examining financial statements, reports, and data to identify trends, patterns, and anomalies.
- Prepares and presents financial reports, dashboards, and presentations to communicate operational performance to stakeholders, including management, department heads, and executives.
- Identifies opportunities to enhance operational accounting and billing processes and procedures.
- Collaborates with various departments, such as finance, operations, and management, to gather data, understand business needs, and provide financial insights and recommendations.
- 5+ years of accounting and/or billing experience.
- 5+ years of Microsoft Excel and Outlook experience.
- Strong understanding of accounting and billing concepts.
- Experience in a leadership role.
- Customer service experience a plus.
- Proactive and self-motivated to compete tasks independently within deadlines.
- Strong attention to detail, analytical skills and verbal and written communication skills.
- Problem solving, decision making, and teamwork skills.
- Associates or higher degree in Accounting, Finance, Business Administration or other closely related field or an equivalent combination of formal education and recent and related experience providing the necessary knowledge, skills, and abilities to complete all job duties.
40Time Type
Full timePay Range
The typical pay range for this role is:$43,888.00 - $102,081.00This 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.
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
Office Life and Perks
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