Manager, Financial Planning & Analysis, Reconciliation

This is a fully remote position, open to applicants in Maryland.

📋 Description

• Oversee the reconciliation processes at month-end, quarter-end, and year-end for claims, working capital, and associated balance sheet accounts.

• Investigate, analyze, and resolve discrepancies and financial variances in collaboration with data owners.

• Tackle and resolve reconciliation backlogs, including aged or complex outstanding items.

• Create, document, and maintain reconciliation protocols, standard operating procedures (SOPs), templates, and preparer/reviewer standards.

• Detect reconciliation and control deficiencies and suggest process enhancements.

• Offer reconciliation documentation and assistance for OPM, OIG, and agreed-upon procedures engagements.

• Act as a primary contact for external auditors regarding reconciliation issues.

• Collaborate with IT and Business Analysis to automate manual reconciliation tasks and enhance data quality and reliability.

• Provide guidance, training, and mentorship to analysts.

• Engage in departmental and cross-functional projects.

• Report to the Lead Director of FP&A and work alongside Claims Reporting, IT & Business Analysis, and other relevant stakeholders.

⛳️ Requirements

• Minimum of 5 years of experience in account reconciliation, financial accounting, or a related field, involving complex and high-volume reconciliations.

• Proven experience in resolving aged variances and managing reconciliation backlogs.

• Background in developing SOPs, reconciliation standards, controls, and supporting documentation.

• Experience in assisting with external audits.

• Excellent written and verbal communication skills.

• Capacity to adapt to shifting priorities, acquire new skills, and aid in the professional development of team members.

• Preferred experience in healthcare or health insurance finance.

• Familiarity with OPM, OIG, or AUP audit settings is preferred.

• Advanced Excel skills, including lookups, pivot tables, and reconciliation templates for large datasets.

• Experience with SQL or similar tools for extracting, analyzing, and validating claims and financial data.

• Proficiency with general ledger and financial reporting systems.

• Working knowledge of data warehouse environments and reconciliation automation.

• Ability to create clear, well-organized, audit-ready workpapers and supporting documentation.

• A bachelor’s degree in accounting, finance, or a related field is required, or equivalent years of relevant experience.

🏝️ Benefits

• CVS Health bonus, commission, or short-term incentive program.

• Medical coverage.

• Dental coverage.

• Vision coverage.

• Paid time off.

• Retirement savings options.

• Wellness programs.

• Additional resources supporting physical, emotional, and financial well-being.