Express Scripts Financial Analyst in Franklin Lakes, New Jersey
The Financial Analyst works closely with the Sr Mgr – Financial Analysis to provide financial support to an assigned business unit. Under general supervision, plans, coordinates and implements financial and business processes to support and enhance the financial management of the assigned business group. Position will have responsibilities related to monthly close, variance analysis, budgets and forecasts. Compiles and analyzes data. Responsible for supporting budget development and addressing operations statistical, business and financial information requests including budget, expenses, variances and year-to-date performance.
- Meet directly with clients on a regular basis in order to utilize financial models to evaluate the rebate and cost impact of implementing existing and potential (new) client formularies.
- Discuss with clients any potential utilization management programs under evaluation to ensure that all modeling and requirements of these programs are accurately evaluated and communicated to Pharmaceutical partners.
- Analyze the financial impact of client requested formulary changes to both Create presentations for client meetings including all supporting documentation.
- Coordinate internal prep meetings with participation from various areas of Express Scripts, including but not limited to Account Management, Pricing, Finance and Pharma Strategy and Contracting.
- Review and model all applicable custom carve out contracts for Express Scripts clients.
- Provide analytic support for rebate contact negotiations.
- Interact closely with other areas of Pharma Strategy and Contracting department to insure all manufacturer contract terms are correctly reflected in all models.
- Improve on existing systems and procedures to effectively document and communicate formulary analysis projects. (including maintaining and revising existing financial models).
- Bachelor Degree, Finance or related area/MBA a plus.
- 0-2 years relevant work experience.
- Strong, detail oriented organizational and analytical skills.
- Excellent PC skills – including Excel, Powerpoint and MS Access, experience with database.
- Financial modeling experience.
- Proven ability to work in a fast paced – ever changing environment.
- Excellent relationship building and cross functional skills.
- Travel up to 10%.
ABOUT THE DEPARTMENT
Supply Chain - Pharma Strategy & Contracting combines the coordination and management of the company’s key supplier groups under a single management team. Major suppliers include brand and generic pharmaceutical manufacturers, retail pharmacies and drug wholesalers.
Express Scripts, a leading pharmacy benefit manager with the nation's largest mail order-pharmacy operations, assists its customers to moderate the cost and enhance the quality of prescription drug benefits provided to members nationwide. Its customers include private- and public-sector employers and healthcare organizations.
ABOUT EXPRESS SCRIPTS
Advance your career with the company that makes it easier for people to choose better health.
Express Scripts is a leading healthcare company serving tens of millions of consumers. We are looking for individuals who are passionate, creative and committed to creating systems and service solutions that promote better health outcomes. Join the company that Fortune magazine ranked as one of the "Most Admired Companies" in the pharmacy category. Then, use your intelligence, creativity, integrity and hard work to help us enhance our products and services. We offer a highly competitive base salary and a comprehensive benefits program, including medical, prescription drug, dental, vision, 401(k) with company match, life insurance, paid time off, tuition assistance and an employee stock purchase plan.
Express Scripts is committed to hiring and retaining a diverse workforce. We are an Equal Opportunity Employer, making decisions without regard to race, color, religion, sex, national origin, age, veteran status, disability, or any other protected class. Applicants must be able to pass a drug test and background investigation. Express Scripts is a VEVRAA Federal Contractor.