Financial Operations Analyst - HYBRID - Morris Plains, NJ
This is a hybrid role that requires on-site presence 3 days/week in the Morris Plains, NJ office.
POSITION SUMMARY
The Financial Operations Analyst maintains the Accounts Receivable subledger for an assigned portfolio of manufacturer accounts.
ESSENTIAL FUNCTIONS
Perform in-depth analysis of Pharma Manufacturer Rebate payment support documentation.
Responsible for cash management and payment application.
Collection of balances owed by manufacturer base; direct follow up on delinquent payments.
Follow SOP of return coding of denied claims, facilitate research to confirm and resolve issues regarding validity of returns, book appropriate accruals, and evaluate continuous improvement opportunities to adjust invoicing processes to reduce future instances.
Facilitate adjustments to subledger as required for accurate representation of accounts receivable.
Collaboration with cross-functional areas to meet hard deadlines and support the KPI’s of the manufacturer accounts receivable team.
Responsible for handling the resolution of annual invoicing to Pharma through a combination of collection, receipting, and various adjustment processes.
Accurate and timely management of this process is critical to company’s ability to accurately record and subsequently pass eligible value to clients.
Independently responsible for handling a highly complex set of inquiries and corresponding processes. Errors can lead to any combination of client abrasion, manufacturer abrasion, inaccurate financial reporting, and or inaccurate value passed on to clients.
QUALIFICATIONS
Must be within driving distance to the Morris Plains, NJ office.
Bachelor’s Degree in Business, Finance, Accounting, or related field or equivalent work experience.
2+ years relevant experience preferred.
Proficiency in Word and PowerPoint.
Advanced Excel skills, including experience with large data sets, pivot tables, VLookup, and macros.
Prior experience with large-scale ERP system (Oracle or JDE preferred).
Strong financial acumen, analytical skills, and negotiation skills.
Strong verbal and written communication skills.
Excellent attention to detail and organizational skills.
Ability to self-motivate, work independently, and sustain performance with minimal supervision.
Comfortable independently presenting complex information to a varied professional audience.
Ability to facilitate and lead discussions on complex topics with internal and external contacts.
Ability to perform at a high level and meet deadlines in a high-pressure environment.
Ability to manage multiple priorities in a fast-paced environment.
Strong work ethic and commitment to delivering high-quality results.
This role is also anticipated to be eligible to participate in an annual bonus plan.
At The Cigna Group, you’ll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k), company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays. For more details on our employee benefits programs, click here .
About Evernorth Health Services
Evernorth Health Services, a division of The Cigna Group, creates pharmacy, care and benefit solutions to improve health and increase vitality. We relentlessly innovate to make the prediction, prevention and treatment of illness and disease more accessible to millions of people. Join us in driving growth and improving lives.Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.
If you require reasonable accommodation in completing the online application process, please email: [email protected] for support. Do not email [email protected] for an update on your application or to provide your resume as you will not receive a response.
The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.
Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal, state and local ordinances.
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