Sr Analyst,Treasury
Job ID: R0192823
Category: Finance
Address: 200 Highland Corporate Drive
Location: Cumberland, RI
Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.
Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.
Position Summary
The Sr. Analyst position will report to the Sr. Manager and provide support to the treasury systems team. This position will have a focus on a high degree of analysis dealing with complex treasury systems and the company treasury workstation. In this role, the Sr. Analyst will work across the enterprise to develop partnerships with business lines to update and enhance complex treasury systems and databases. This position will work closely with the Corporate Treasury liquidity team on complex daily cash positions, create, and support the GL feeds for various ledgers and provide accurate reporting to upper management. Using various treasury systems, the candidate will identify and look for ways to create process improvements. This position will prepare bank fee projections and perform research and analysis as may be required by leadership. The Sr. Analyst will also be responsible for financial planning and budgeting process of the company’s monthly and annual bank fees. The Sr. Analyst will coordinate and participate in the design, testing, implementation and review of complex treasury systems and processes. The Sr. Analyst will also be responsible for the setup/configuration of user provisioning, electronic payments, cash pools groups, bank accounts, GL strings and templates, worksheet layouts and categories, investment, and debt portfolios in the treasury workstation. The Sr. Analyst will assist the treasury security team (TSA) with user access setups in all banking portals as well as supporting the TSA application. The Sr. Analyst will also support upper management in various ad hoc analysis, as required.
- Responsible for the daily management of the treasury systems; work with vendor and banks to investigate issues, create daily, monthly, and quarterly reporting, update and support exiting system configurations, provide guidance to liquidity and Investment management teams on all treasury related systems. Create, review, and backup a daily and weekly GL feeds to various ledgers, support bank and payment file setup and processing. Partner with business lines to reconcile variances of the GL feeds, identify areas of opportunities for adjustments and improvement.
- Responsible for the management and ongoing maintenance of the bank fee forecast model, look for opportunities to enhance and updating based on quarterly forecast cycles and real time trend projections. Partner closely with Treasury FP&A team to reconcile bank fee forecast to S4. Develop new bank fee forecast models to assist with financial planning and budgeting process.
- Responsible for month-end close and quarterly bank fee forecast activities. Analyze, reconcile, and review monthly bank fee invoices, identifying and rectifying all discrepancies with all our banking partners.
- Provide system support to the treasury department to update, enhance, and trouble shoot complex treasury systems, databases, and financial models.
- Will be responsible for treasury workstation configuration of all static data, Investment and debt portfolios setups, cash pool groups, payment file setups, bai file setups, GL string updates, system BTM rules, business unit setups, account setups, user provisioning, and worksheet layouts and categories.
Required Qualification
- 3-5 years of Financial analysis experience and/or Accounting background
- 3-5 years of experiences with Relational Database (SAAS)
- 3-5 years of Microsoft Office Suite experience
Preferred Qualifications
- SAP S4 Hana General Ledger
- BRM Edge Weiland Bank Fee Reporting
- FIS Integrity
- Bloomberg
- Access Database/ SQL database
- Forecast Modeling
- Excellent organizational and analytical skills
- Database knowledge/support
- Strong written and oral communication skills, across various levels of management
Skill in:
- SAP S4/Hana
- MS Access DB
- Tableau
- Power Pivot
- Proven ability to multi-task, work with a high degree of accuracy and attention to detail in a fast-paced environment.
Education
- Bachelor Degree or Equivalent Experience
Business Overview
At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.
We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring or promotion based on race, ethnicity, sex/gender, sexual orientation, gender identity or expression, age, disability or protected veteran status or on any other basis or characteristic prohibited by applicable federal, state, or local law. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.
Pay Range
The typical pay range for this role is:
$43,700.00 – $107,200.00
This 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.
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.
For more detailed information on available benefits, please visit jobs.CVSHealth.com/benefits
We anticipate the application window for this opening will close on: 05/17/2024
