Finance Rebate Operations - Director

CVS Health

2.7

(75)

Scottsdale, AZ

Why you should apply for a job to CVS Health:

  • 62% say women are treated fairly and equally to men
  • 52% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.

    #R0523521_1001

    Position summary

    s, per the terms and timing outlined in their contracts, and provides excellent customer service to both clients and client representatives, including large health plans with complex, custom arrangements and increased transparency.Key Responsibilities:

    • Oversee all payment reconciliation activities and daily operations, ensuring all client payments are made with 100% accuracy
    • Track and manage deliverables and timelines each month and quarter, ensuring all payments are made by their contractual due date
    • Lead a team of 12 professionals, ensuring the team has adequate access, training, processes, and resources
    • Set strategic goals and expectations, monitor performance, and provide ongoing coaching and feedback to team leaders and personnel
    • Ensure operational compliance with all policies and procedures, financial controls, and regulations
    • Manage internal and external relationships to best service our clients, working closely with Sales and Account Management teams to provide clients with advice and solutions
    • Resolve escalated inquiries and issues related to client rebate payments with efficiency
    • Collaborate with key personnel and leaders from many other areas across the organization, including Manufacturer Rebates, FP&A, Accounting, Treasury, and Underwriting
    • Support the transformation of our rebate systems and related processes, sponsoring highly prioritized projects in conjunction with day-to-day activities
    • Identify operational improvement, efficiency, and productivity opportunities and drive implementation of appropriate strategies

    A successful candidate will have:

    • Excellent leadership skills to manage, develop, and engage a large and diverse team

    • Strong record of effective communication, including excellent written and verbal communication skills, particularly the ability to convey information in an accessible, concise, and clear manner

    • Ability to work in a fast-paced environment, effectively managing tight deadlines and competing priorities

    Required Qualifications

    • 10+ years professional experience in similar operational or financial role(s)

    • 5+ years of leadership experience in similar operational or financial role(s)

    Preferred Qualifications

    • Experience in contract administration or budgeting/forecasting for client financial arrangements

    • Expertise with client rebate terms and administration is highly desired

    • Experience in a customer centric, client-facing role is preferred

    Education

    Bachelor's Degree in Finance, Accounting, or Business OR equivalent (4 years' experience and High School Diploma/GED) requiredPay Range

    The typical pay range for this role is:$100,000.00 - $231,540.00

    This 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. This position also includes an award target in the company's equity award program.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: 04/25/2025Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

    Why you should apply for a job to CVS Health:

  • 62% say women are treated fairly and equally to men
  • 52% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.