What are the responsibilities and job description for the Finance Manager position at Red Oak Sourcing?
Red Oak is focused on the dynamic and high impact area of pharmaceutical purchasing.We are a team of industry experts, strategists, and entrepreneurial thinkers who apply innovative strategies that move pharmaceuticals to market more efficiently. As the exciting joint venture between two Fortune 20 leading healthcare companies, CVS Health and Cardinal Health, we are responsible for securing both companies’ generic drug portfolios.
Red Oak is a joint venture between two Fortune 20 leading healthcare companies, CVS Health and Cardinal Health, responsible for securing generic pharmaceuticals for both organizations. Pharmaceutical Sourcing team is comprised of industry experts, strategists, and entrepreneurial thinkers who apply innovative strategies to bring generic pharmaceuticals to market more efficiently.
Position Summary
The Finance Manager position will provide support to business leaders with respect to managing financial results for Red Oak Initiatives and providing insights into marketplace trends. Primary responsibilities include monitoring product / supplier performance, managing financial impacts of potential risks and opportunities to the CVS Health monthly forecasts, developing annual budgets and presenting financials to the Red Oak Leadership team.
This position is within a fast paced, collegial environment, providing the right individual with an opportunity for career advancement and the ability to learn aspects of both CVS Health and Cardinal parent companies.
Location
Hybrid work model, with Red Oak's office being located in Foxboro / Mansfield, MA (Monday's and Friday's are work from home)
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
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
Preferred Qualifications :
MBA or CPA
Pharmaceutical industry experience
