Capital Rx
Analyst, Client Financial Operations
Capital Rx, New York, New York, us, 10261
Location: Remote (For Non-Local) or Hybrid (Local to NYC area)
Position Description:
This Analyst role is a critical position for Client Financial Operations and will partner with other internal departments. This role will be an instrumental team player that will drive process improvement with our invoicing (drug spend and ancillary) and reconciliations. The individual must have a strong financial background in PBM and be comfortable working with Excel and SQL formulas to efficiently run processes.
Position Responsibilities:
Reconcile ERP system to ensure amounts to be invoiced to clients are accurate Utilize SQL or other data query applications to prepare journal entries, accruals, and adjustments as required Respond to questions via email from different departments regarding client invoicing Generate ad hoc reports as required to support client billing Interpret client contracts for financial obligations Implement process improvements and collaborate enhancement for data and other related revenue items Collaborate with different departments to get needed information to bill for new programs Ensure finance is being supplied with all information needed for revenue purposes Responsible for adherence to the Capital Rx Code of Conduct including reporting of noncompliance Required Qualifications:
Undergraduate bachelor's degree in Business, Finance, or quantitative field and/or PBM experience (preferred) 2+ years of related experience in finance, data analysis, or accounting Strong Excel and SQL Skills Ability to challenge and improve existing processes through automation and redesign Motivated team player with the ability to work in a fast-paced, forward-moving environment Attention to detail & commitment to delivering high quality work Passion for healthcare and for driving lasting change in pharmacy benefits Ability to define problems, collect data, establish facts, solve problems, make recommendations, and draw valid conclusions in a timely and accurate manner Python experience preferred
Base Salary: $75,000 - $85,000
Nothing in this position description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
About Capital Rx
Capital Rx is a full-service pharmacy benefit manager (PBM) and pharmacy benefit administrator (PBA), advancing our nation's electronic healthcare infrastructure to improve drug price visibility and patient outcomes. As a Certified B Corp™, Capital Rx is executing its mission through the deployment of JUDI®, the company's cloud-native enterprise health platform, and a Single-Ledger Model™, which increases visibility and reduces variability in drug prices. JUDI connects every aspect of the pharmacy ecosystem in one efficient, scalable platform, servicing millions of members for Medicare, Medicaid, and commercial plans. Together with its clients, Capital Rx is reimagining the administration of pharmacy benefits and rebuilding trust in healthcare.
Capital Rx values a diverse workplace and celebrates the diversity that each employee brings to the table. We are proud to provide equal employment opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, medical condition, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
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Position Description:
This Analyst role is a critical position for Client Financial Operations and will partner with other internal departments. This role will be an instrumental team player that will drive process improvement with our invoicing (drug spend and ancillary) and reconciliations. The individual must have a strong financial background in PBM and be comfortable working with Excel and SQL formulas to efficiently run processes.
Position Responsibilities:
Reconcile ERP system to ensure amounts to be invoiced to clients are accurate Utilize SQL or other data query applications to prepare journal entries, accruals, and adjustments as required Respond to questions via email from different departments regarding client invoicing Generate ad hoc reports as required to support client billing Interpret client contracts for financial obligations Implement process improvements and collaborate enhancement for data and other related revenue items Collaborate with different departments to get needed information to bill for new programs Ensure finance is being supplied with all information needed for revenue purposes Responsible for adherence to the Capital Rx Code of Conduct including reporting of noncompliance Required Qualifications:
Undergraduate bachelor's degree in Business, Finance, or quantitative field and/or PBM experience (preferred) 2+ years of related experience in finance, data analysis, or accounting Strong Excel and SQL Skills Ability to challenge and improve existing processes through automation and redesign Motivated team player with the ability to work in a fast-paced, forward-moving environment Attention to detail & commitment to delivering high quality work Passion for healthcare and for driving lasting change in pharmacy benefits Ability to define problems, collect data, establish facts, solve problems, make recommendations, and draw valid conclusions in a timely and accurate manner Python experience preferred
Base Salary: $75,000 - $85,000
Nothing in this position description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
About Capital Rx
Capital Rx is a full-service pharmacy benefit manager (PBM) and pharmacy benefit administrator (PBA), advancing our nation's electronic healthcare infrastructure to improve drug price visibility and patient outcomes. As a Certified B Corp™, Capital Rx is executing its mission through the deployment of JUDI®, the company's cloud-native enterprise health platform, and a Single-Ledger Model™, which increases visibility and reduces variability in drug prices. JUDI connects every aspect of the pharmacy ecosystem in one efficient, scalable platform, servicing millions of members for Medicare, Medicaid, and commercial plans. Together with its clients, Capital Rx is reimagining the administration of pharmacy benefits and rebuilding trust in healthcare.
Capital Rx values a diverse workplace and celebrates the diversity that each employee brings to the table. We are proud to provide equal employment opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, medical condition, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
#LI-PZ1