What are the responsibilities and job description for the Commercial Finance Director position at Red Oak Sourcing?
Do you have a passion for finance and a desire to make a meaningful contribution to the pharmaceutical industry? If so, we encourage you to apply for the Finance Manager role at Red Oak Sourcing.
As a key member of our Pharmaceutical Sourcing team, you will play a critical role in managing financial results for Red Oak Initiatives and providing insights into marketplace trends. The ideal candidate will have a strong background in finance, with experience in budgeting, forecasting, and financial analysis.
You will work closely with the Red Oak Leadership team to develop annual budgets and prepare comprehensive budget presentations for CVS Health. As a key member of the team, you will be responsible for monitoring product/supplier performance, managing financial impacts of potential risks and opportunities to the CVS Health monthly forecasts, and providing analytics and monthly reporting to support financial forecasts.
This is an excellent opportunity for a career advancement and learning aspects of both CVS Health and Cardinal parent companies.
Main Responsibilities:
- Develop financial models to analyze and evaluate financial performance of Red Oak initiatives
- Provide analytics and monthly reporting to CVS Health to support financial forecasts including new generic product launches, marketplace events and inflation/deflation of product costs
- Work closely with the Red Oak Leadership team to develop annual budgets and prepare comprehensive budget presentations for CVS Health
- Provide insights into marketplace trends including new generic launches and product availability
- Maintain Risks & Opportunities analysis and quantify impact to financial forecasts/budgets
- Interaction with CVS Finance leadership to ensure financial alignment
- Provide support for special projects and ad hoc analysis as needed
Desirable Qualifications:
- Bachelor's Degree, with concentration in Accounting, Finance, Business or related field
- 5 years of relevant business/analytical experience
- Working knowledge of budgeting and forecasting principles
- Strong communication and interpersonal skills
- Strong technical skills, including extensive knowledge of Microsoft Excel and Power Point
- Ability to work independently and as a team player
- Proven ability to perform with a high degree of accuracy under tight deadlines and flexibility to manage multiple projects
