Analyst, Finance at Red Oak Sourcing in Mansfield, Massachusetts

Posted in Other 13 days ago.

Type: full-time





Job Description:

Position: Finance Analyst

Reports to: Manager, Finance

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.

Location: Red Oak is in Foxboro, MA and while hiring will be for this location (no field-based or international placement required), the team currently operates in a hybrid model (typically Monday's and Friday's work from home, with Tuesday through Thursday being in-office).

Position summary: The Finance Analyst assists the Sourcing Directors by providing financial analyses of supplier pricing proposals for a vast portfolio of generic pharmaceutical products. The Finance Analyst will compile critical pricing and volume data into detailed reports to help inform sourcing decisions regarding new business, price changes, and generic launches.

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 Cardinal and CVS Health parent companies.

Responsibilities
  • Directly support Sourcing Directors with accurate and timely financial analyses to evaluate supplier proposals, including price changes, new business offers, and generic launches
  • Perform weekly and monthly standard reporting and maintain templates and underlying data sources, while identifying process improvements and efficiencies
  • Manage workload with a sense of urgency in order to pivot quickly to new tasks and respond to shifting priorities and business needs
  • Partner and collaborate with Sourcing and Operations teams to align on marketplace dynamics
  • Provide support and collaborate on special projects, including enhancements and testing of proprietary software tool and ad hoc analysis as needed
  • Ability to work independently and as a team player

Qualifications
  • Targeting individuals with a Bachelor's Degree and 1+ years of relevant business/analytical experience (internship)
  • Strong analytical and problem-solving skills
  • Naturally inquisitive and eager to learn
  • Excellent verbal and oral communication skills
  • Strong knowledge of Microsoft Excel and PowerPoint
  • Pharmaceutical industry experience (preferred)

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