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Financial Operations Analyst - HYBRID

The Cigna Group
NJ, Morris Plains, 115 Tabor Rd, United Statesfull_timeVerifiedPosted 21 Jun 2024

About the role

This is a HYBRID role that requires on-site presence in Morris Plains, NJ.

Only local candidates will be considered.

POSITION SUMMARY

The Financial Operations Analyst maintains the AR subledger for an assigned portfolio of manufacturer accounts.

Primary functions:

  • Collection of balances owed by ESI’s manufacturer base. Direct follow up on delinquent payments.

  • Provide direction for application of receipts for complex payers.

  • As dictated by 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 process to reduce future instances.

  • Facilitate adjustments to sub-ledger as required for accurate representation of accounts receivable.

ESSENTIAL FUNCTIONS

  • Must be able to work independently with limited supervision.

  • Ability to facilitate and lead discussions on complex topics with internal and external contacts.

  • Collaboration with cross-functional areas to meet hard deadlines and support the KPI’s of the manufacturer accounts receivable team.

  • Manufacturer Rebates, Accounts Receivable team is responsible for handling the resolution of ~$18B in annual invoicing to Pharma. This is accomplished through a combination of collection, receipting, and various adjustment processes.

  • Accurate and timely management of this process is critical to ESI’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. Failure in these areas can lead to any combination of client abrasion, manufacturer abrasion, inaccurate financial reporting, and or inaccurate value passed on to clients.

QUALIFICATIONS

  • Bachelor’s Degree in Business, Finance, Accounting, or related field or equivalent work experience.

  • 1+ years relevant experience.

  • Strong Microsoft Office – Excel, Word and PowerPoint. Prior experience with large-scale ERP system (Oracle or JDE preferred).

  • Strong financial acumen.

  • Strong verbal and written communication skills.

  • Strong analytical skills.

  • Strong negotiation skills.

  • Demonstrated integrity.

  • Ability to self-motivate and sustain performance with minimal supervision.

  • Comfortable independently presenting complex information to a varied professional audience.

  • Ability to perform at a high level and meet deadlines in a high-pressure environment.

ABOUT THE DEPARTMENT

If your niche is in financial reporting and analysis, underwriting, cash management, audit or investor relations, our Finance department may be a perfect fit for you. Our teams within Finance work together to ensure that spending stays on track and that we remain a profitable industry leader. We’re always on the lookout for innovative people who will bring outside-the-box thinking to our team.

 


If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.

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: SeeYourself@cigna.com for support. Do not email SeeYourself@cigna.com for an update on your application or to provide your resume as you will not receive a response.

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Company

The Cigna Group

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