Full-Time

Manager – Accounting

IC

Confirmed live in the last 24 hours

CVS Pharmacy

CVS Pharmacy

10,001+ employees

Retail pharmacy and healthcare services provider

Healthcare
Consumer Goods

Compensation Overview

$60.3k - $145.9kAnnually

+ Bonus + Commission + Short-term Incentive Program

Senior

Company Historically Provides H1B Sponsorship

Dallas, TX, USA + 2 more

More locations: Ambler, PA, USA | Hartford, CT, USA

Hybrid working schedule in Dallas, TX, Blue Bell, PA, or Hartford, CT.

Category
Financial Analysis
Management Accounting
Accounting
Required Skills
Financial analysis
Requirements
  • 5+ years of technical accounting skills and understanding of GAAP.
  • 5+ years of Advanced Excel experience.
  • 1+ years of project management experience.
  • Ability to travel up to 10%
  • Bachelor's degree required or equivalent years of related experience.
  • Certified Public Accountant (CPA)
Responsibilities
  • Become the Accounting subject matter expert for Cost of Service expenses.
  • Work on cross-functional teams to design, plan and implement strategic compensation accounting approaches leveraging multiple source systems.
  • Manage and coordinate accounting and closing processes on a monthly, quarterly, and annual basis. Ensure timely completion of all close deadlines, including journal entries, analytics and other required tasks as assigned by Leadership.
  • Partner and work closely with Provider Pay, Shared Services, AP/Payroll and FP&A team members to solve complex problems and dig in to find resolution.
  • Work closely with colleagues to optimize Cost of Service month end close accruals through PowerBI Dashboards, Vendor reporting and other.
  • Become knowledgeable in all HCS products and the relationship between Revenue and Cost of Service.
  • Review and design month end balance sheet account reconciliations with a high level of accuracy and an audit-ready mindset.
  • Analyze financial results by business unit or at a consolidated level to identify trends and provide commentary for variances.
  • Mentor other team members to drive accuracy, efficiency, and expertise at all levels.
  • Present the variance (or flux) analysis for the balance sheet & income statement on a monthly basis and detailed analysis of the accounts your team oversees on a quarterly basis to our department leaders and decision makers on our month end close calls.
  • Establish and maintain strong internal controls.
  • Assist and provide detailed explanations and reporting to inquiries for audit, financial reporting and tax.
  • Must be able to work and bring a positive attitude in an ever-changing environment, including; acquisitions, system conversions etc.
  • Drive adoption of technology solutions for the automation of tasks and improved efficiencies of the functions you oversee.
  • Ensure high-quality, audit-ready documentation and supporting schedules are maintained for all the transactions within the functions you oversee.
  • Review work with a high level of scrutiny and with an auditor’s lens.

CVS Health operates a large network of retail pharmacies and walk-in medical clinics across the United States, providing a variety of health-related products and services. Their offerings include prescription medications, over-the-counter health products, beauty items, and general merchandise. CVS Health also functions as a pharmacy benefits manager, serving over 75 million plan members, and has a senior pharmacy care business that assists more than one million patients each year. This integrated model allows CVS Health to deliver affordable health management solutions, improving access to quality care and health outcomes while aiming to reduce overall healthcare costs. Unlike many competitors, CVS Health combines retail pharmacy services with clinical care and pharmacy benefits management, positioning itself as a significant player in the healthcare sector with a commitment to enhancing people's health.

Company Stage

N/A

Total Funding

N/A

Headquarters

Woonsocket, Rhode Island

Founded

N/A

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-2%
Simplify Jobs

Simplify's Take

What believers are saying

  • The availability of updated flu and COVID-19 vaccines at CVS Pharmacy and MinuteClinic locations nationwide positions the company as a key player in public health initiatives.
  • The Health Zones funding and collaboration with local organizations in Fresno highlight CVS Pharmacy's role in improving community health outcomes.
  • The introduction of a new store brand for snacks, beverages, and groceries could attract a broader customer base and increase in-store sales.

What critics are saying

  • The competitive landscape in the retail pharmacy sector is intense, with major players like Walgreens and Rite Aid posing significant challenges.
  • The expansion into grocery and snack products may dilute CVS Pharmacy's brand identity as a healthcare provider.

What makes CVS Pharmacy unique

  • CVS Pharmacy's integration of digital tools for scheduling vaccinations and accepting walk-ins offers a seamless and convenient experience for customers, setting it apart from competitors.
  • The company's Health Zones initiative, which focuses on community health and access to healthy food, demonstrates a commitment to social responsibility that goes beyond traditional pharmacy services.
  • CVS Pharmacy's recent launch of a new store brand for snacks, beverages, and groceries diversifies its product offerings, making it a one-stop shop for consumers.

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