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Pharmacy Financial Analyst
4388 Federal Drive, Greensboro, NC 27410Posted 4 weeks ago
Full-timeonsite
Job Description
The Pharmacy Financial Analyst is responsible for performing research, analysis, and reconciliation of pharmaceutical purchases, pharmaceutical contract optimization opportunities, and outpatient pharmaceutical reimbursement.
Essential Job Function
- Ensures accuracy and payment of invoices on time.
- Action taken to correct invoices.
- Utilizes automated systems for matching and processing of outstanding invoices.
- Is a resource for pharmacy business manager and purchasing agents for all aspects of invoice processing.
- Maintains knowledge base of inventory management system to provide information in the absence of the business manager.
- Ensures all payments are within the terms of contract.
- Accruals are communicated to finance monthly by deadline.
- Maintains, reviews, and analyzes budget and financial records.
- Consistently identifies and researches monthly budget variances; conducts full analysis prior to providing timely report to leadership.
- Efficiently and effectively utilizes all automated financial systems and reports.
- Accurately assesses current budget and determines correct object code for expenses.
- Reviews purchase records and supplies information for projects.
- Coordinates inventories systemwide.
- Proactively schedules appropriate outside and internal resources required for conducting inventory.
- Effectively communicates inventory requirements/preparation to all campuses.
- Inventory reports are reviewed for accuracy of count and pricing.
- Discrepancies are promptly resolved and corrected.
- Provides accurate summary documentation by area.
- Oversees reimbursement, accounts payable, research/educational funds, charge reconciliation and pharmaceutical rebate programs.
- Oversees pharmacy returns program and failure to supply claims.
- Assists with medication procurement and communicates updates related to changes in medication procurement to internal and external stakeholders.
- Performs other duties as assigned.
Education
- Required: Bachelor Degree, or High School DiplomaPreferred: Bachelors, Finance or directly related major
Experience
- Required: 0 years of experience and Bachelors Degree or 5 years of related experience and High School Diploma.
Licensure/Certification/Listing