BLUECROSS BLUESHIELD OF SOUTH CAROLINA Corporate Pharmacy Financial Analyst in SALT LAKE CITY, Utah
Internal Reference Number: R1019880 Summary Provides key financial reports/analysis to support senior management in planning/evaluation requirements/meeting financial objectives related to strategic Pharmacy Benefit Management (PBM) services. Performs analysis, validation and oversight of Corporate PBM Agreement and self-funded employer PBM Addenda. Conducts complex market research/competitive analysis/valuation/financial modeling services and due diligence efforts. Prepares/documents complex financial analysis projects that are highly non-routine. Extracts financial data from various accounting and information systems. Reviews/prepares financial reports/forecasts that involve extractions of PBM financial data. Establishes and maintains standard practices and procedures for PBM financial analysis, validation, and oversight.Description* Performs complex statistical, cost and financial analysis of data and contractual terms to determine Pharmacy Rebates and other financial amounts owed to BCBSSC Commercial, Exchange and Part D lines of business from the PBM.Interprets financial transactions and contract terms in order for management to make economic or business decisions, determine past financial performance, and/or to project a financial probability. *Performs complex statistical, cost and financial analysis of data and contractual terms to determine Pharmacy Rebates and other financial amounts owed to self-funded employers. Interprets financial transactions and contract terms in order for management to make economic or business decisions, determine past financial performance, and/or to project a financial probability. * Reviews and/or prepares financial statements in support of rebate and other PBM financial audit activities, builds financial models, and researches/resolves potential audit findings. * Completes special projects as assigned by senior management. Required Education:* Bachelor's degree in Finance/Financial Management, Economics, Accounting or other job related field OR* A Master's Degree in Finance/Financial Management, Economics, Accounting or related field with a Certified Public Accountant (CPA) license. Required Work Experience:* Seven years financial analysis experience with a bachelors degree, OR* Three years financial analysis experience with a master's degree and CPA license. Skills and Abilities:* Strong communication and decision-making skills.* Able to compile complex information, design reports and analyze data.* Excellent presentation, organization, and research skills.* Academic and practical knowledge of generally accepted accounting principles (GAAP).* Excellent analytical and modeling skills, in-depth knowledge of financial statement analysis and a strong understanding of corporate finance concepts such as discounted cash flow and valuation methodologies. Required Software and Tools:* Microsoft Office. We participate in E-Verify and comply with the Pay Transparency Nondiscrimination Provision. We are an Equal Opportunity Employer.Equal Employment Opportunity Statement We are... For full info follow application link. BlueCross BlueShield of South Carolina and our subsidiary companies maintain a continuing policy of nondiscrimination in employment to promote employment opportunities for persons regardless of age, race, color, national origin, sex, religion, veteran status, disability, weight, sexual orientation, gender identity, genetic information or any other legally protected status. Additionally, as a federal contractor, the company maintains Affirmative Action programs to promote employment opportunities for minorities, females, disabled individuals and veterans. It is our policy to provide equal opportunities in all phases of the employment process and to comply with applicable federal, state and local laws and regulations.