Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.
 
Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

***This position is classified as hybrid and will be filled in either Cumberland, RI. or Hartford, CT. Additional CVS office locations may be considered***

Position Summary
The Manager of PBM Accounting will assist the Sr Manager in driving an accurate and efficient Month End Close for assigned responsibilities.  Primary responsibilities include taking a lead and visible role in Working Capital Reporting & Analysis, Legal Entity Accounting, Audit support, related party Eliminations and reconciliations between segments.The Manager of PBM Accounting will also support the Sr. Manager and Director with ad-hoc projects in addition to cross-training with and acting as the backup to the Senior Manager and Manager of PBM Accounting.  The ideal candidate will have a strong accounting background with the ability to meet tight deadlines in a fast-paced environment. Additionally, the candidate should be able to work cross functionally in a large organization with ability to communicate effectively at all levels. The Manager of PBM Accounting will have a range of responsibilities including:
•    Responsible for monthly and quarterly working capital / cash flow reporting and analysis, coordinating requirements with Treasury and Finance and having a visible role in meetings ensuring clear communication of working capital drivers, opportunities and risks.
•    Oversight of the accounting impacts from the Legal Entity postings.  This includes reviewing and approving monthly journal entries, account reconciliations, and analysis of results for pharmacy channels within PBM Accounting.
•    PBM Network Accounting functions and special projects related to claims posting.  
•    Support various aspects of the Accounts Receivable and Accounts Payable PBM Accounting close process including the working capital aspect.
•    Support and manage requests from internal and external auditors as they complete the financial statement and internal control audits.
•    Evaluate and propose process improvement and efficiency opportunities.
•    Assist on special projects as needed.
•    Accruals, analysis, forecasting, collaboration.

Required Qualifications
5 years of experience in a Public/Corporate Accounting function.

Preferred Qualifications
Strong Excel skills with a proven capacity to organize, manipulate and interpret data.
SAP experience a plus.
CPA preferred.

Education
Bachelor’s degree required OR equal relevant work experience

Pay Range

The typical pay range for this role is:

$66,330.00 - $145,860.00

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. 
 
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities.  The Company offers a full range of medical, dental, and vision benefits.  Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees.  The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners.  As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.  
 
For more detailed information on available benefits, please visit Benefits | CVS Health

We anticipate the application window for this opening will close on: 11/15/2024

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.