We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.
***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 Inventory Accounting inclusive of 340B, 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 Inventory and 340B 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
340B experience
People leader experience
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
Anticipated Weekly Hours
40Time Type
Full timePay Range
The typical pay range for this role is:
$66,330.00 - $145,860.00This 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.
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 people
We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.
Additional details about available benefits are provided during the application process and on Benefits Moments.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
Skills Required
- 5 years of experience in a public or corporate accounting function
- Bachelor's degree or equivalent relevant work experience
- Strong Excel skills, including the ability to organize, manipulate, and interpret data
- 340B experience
- People leader experience
- SAP experience
- CPA certification
CVS Health Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about CVS Health and has not been reviewed or approved by CVS Health.
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Healthcare Strength — Health coverage is described as broad and robust, spanning medical, dental, vision, prescription, life, and disability insurance. Access to no-cost preventive care through MinuteClinic and virtual medical services further enhances the package.
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Wellbeing & Lifestyle Benefits — Wellness and education resources stand out, including tuition assistance, confidential counseling with generous session limits, virtual mental-health care, fitness programs, financial coaching, and employee discounts. Backup-care support and other lifestyle discounts add everyday value.
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Parental & Family Support — Family-oriented programs such as paid parental leave, adoption and surrogacy assistance, doula support, caregiving resources, and backup care are highlighted. These offerings indicate meaningful support for different life stages.
CVS Health Insights
What We Do
CVS Health is the leading health solutions company that delivers care in ways no one else can. We reach people in more ways and improve the health of communities across America through our local presence, digital channels and our nearly 300,000 dedicated colleagues – including more than 40,000 physicians, pharmacists, nurses and nurse practitioners. Wherever and whenever people need us, we help them with their health – whether that’s managing chronic diseases, staying compliant with their medications, or accessing affordable health and wellness services in the most convenient ways. We help people navigate the health care system – and their personal health care – by improving access, lowering costs and being a trusted partner for every meaningful moment of health. And we do it all with heart, each and every day.
