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Data Analyst, Finance Operations

Capital Rx

Capital Rx

IT, Accounting & Finance, Operations, Data Science
New York, NY, USA · Remote
Posted on Jul 25, 2024

Department

Job Title

Capital Rx is redefining the way prescriptions are priced and administered in the U.S. Capital Rx unlocks the pharmacy supply chain and reduces prescription costs for employer groups. By establishing a competitive marketplace for drug pricing, Capital Rx focuses its resources on deploying actionable strategies that improve plan performance and patient outcomes. The company's commitment to innovation, technology, and service is why Capital Rx is the fastest-growing pharmacy benefit manager in America.

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Finance

Data Analyst, Finance Operations

Location: Remote (For Non-Local) or Hybrid (Local to NYC area)

Position Description:

The Data Analyst, Finance Operations is highly visible and critical position being added to the Finance function at Capital Rx. Person in position will provide support to for all value-added services, clinical programs, and other upsell services for Capital Rx. This role will play an important role in defining, build out, and expand the other PBM services for the enterprise. This will include data mining, KPI creation and management, and operational workflows for departments. This person will help provide valuable insight that will be used to assess the performance of Capital Rx and drive change within the company.

Position Responsibilities:

  • Oversee analytics to support ongoing operations needs
  • Collaborate with department leaders from key functional areas (contact center, client services, clinical operations) to design, refine, automate, and maintain data analytics for invoicing purposes
  • Develop ad hoc and standard reports to support internal and external analytics and reporting needs
  • Manage workflow for inbound and outbound data requests, reporting deliverables, and other inquiries
  • Clean, collect, organize, and draw insights from client, vendor, and internal data – using mainly SQL or Excel. Python and/or R can be used as needed
  • Assist in the writing and maintenance of the Finance SQL queries
  • Thoroughly understand data fields, identify patterns of data irregularities, and improve data quality and intake
  • Assist with finance function consisting of bi-monthly AR/AP cycles, quarterly rebate processes, annual reconciliations and improve processes as needed
  • Help in building out and codifying billing structures, refining and automating processes
  • Suggest process refinement and collaboration enhancement for data and other related underwriting items
  • Responsible for adherence to the Capital Rx Code of Conduct including reporting of noncompliance

Required Qualifications:

  • Bachelor’s degree in, Business, or a closely related field (In lieu of a degree, equivalent relevant work experience may be considered)
  • PBM / health plan experience required
  • 3+ years of proven experience in data & analytics
  • Experience performing complex analyses on large sets of data
  • Knowledge of data management, statistics, modeling
  • Experience working with structured and unstructured data
  • Proficient in SQL and Excel; Knowledge of Python or R for data analysis is a plus
  • Ability to balance multiple complex projects simultaneously
  • Exceptional written and verbal communication skills
  • Extremely flexible, highly organized, and able to shift priorities easily
  • Attention to detail & commitment to delivering high quality work product

Base Salary: $75,000 - $90,000

Nothing in this position description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

About Capital Rx

Capital Rx is a full-service pharmacy benefit manager (PBM) and pharmacy benefit administrator (PBA), advancing our nation’s electronic healthcare infrastructure to improve drug price visibility and patient outcomes. As a Certified B Corp™, Capital Rx is executing its mission through the deployment of JUDI®, the company’s cloud-native enterprise health platform, and a Single-Ledger Model™, which increases visibility and reduces variability in drug prices. JUDI connects every aspect of the pharmacy ecosystem in one efficient, scalable platform, servicing millions of members for Medicare, Medicaid, and commercial plans. Together with its clients, Capital Rx is reimagining the administration of pharmacy benefits and rebuilding trust in healthcare.

Capital Rx values a diverse workplace and celebrates the diversity that each employee brings to the table. We are proud to provide equal employment opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, medical condition, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

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