What Finance Operations contributes to Cardinal Health
Finance oversees the accounting, tax, financial plans and policies of the organization, establishes and maintains fiscal controls, prepares and interprets financial reports, oversees financial systems and safeguards the organization's assets.
Finance Operations is responsible for the oversight and overall performance of the following core financial processes. This includes pricing administration, rebates, cash application, chargebacks, billing, accounts payable and employee travel & expense.
Responsibilities
Own and oversee Pharma GPO Admin Fee and Customer Rebate accounting functions, including the following responsibilities:
Ensure admin fees and rebates are accurate and reasonable upon being setup in SAP Vistex.
Review true-up entries posted during the month for accuracy.
Perform continual subledger maintenance.
Prepare/review balance sheet reconciliations.
Perform month-over-month accrual analysis during month-end close; determine if adjustments are needed; keep Finance informed on research conclusions.
Confirm new and amended agreements are properly captured and recorded within the subledger.
Validate terminating agreements prior to removing from subledger.
Investigate aged accrual/reserve balances; independently perform action steps required to fully resolve.
Review and reconcile Month-End Close Tracker to ensure all Vistex and manual journal entries have been posted and accounted for.
Prepare Month-End Close Driver and Risk & Opportunity Summaries for delivery to Accounting and Finance business partners.
Establish processes and mechanisms to review and monitor quality of?outsourced staff?work product; effectively partner with?outsourced staff?to take necessary course correcting actions and leverage both the retained organization and?outsourced?organizational structure to?take action?in accordance with established governance protocols.
Respond to direct inquiries pertaining to GPO Admin Fees and Customer Rebates coming from both internal and external stakeholders
Investigate issues by conducting a thorough root cause analysis; establish preventative measures to avoid recurring issues.
Maintain and enhance internal SOX control structure, effectively responding to and mitigating risks, as necessary.
Identify, drive, and implement process improvement initiatives; collaborate with others to standardize processes and templates across Rebate functions.
Collaborate with business partners across the organization to properly account for transactions, including but not limited to Accounting, Finance, Internal Audit, Legal, Sales/Account Management, Revenue Management, Contracting, Standards & Compliance, etc.
Assists in the management of the monthly financial close process, including preparing and reviewing journal entries, balance sheet reconciliations, and performing timely review of results for accuracy, completeness, and compliance with US GAAP.
Performs special projects and financial analysis to support the business needs as requested.
Qualifications
Bachelor's degree in related field, or equivalent work experience, preferred
4+ years of experience in related field, including but not limited to Finance, Audit, or Accounting (preferred)
Strong MS Excel and Business Objects skills
CPA (preferred)
Experience with SAP, Legal Contracts, and general knowledge of GAAP (preferred)
What is expected of you and others at this level
Applies comprehensive knowledge and a thorough understanding of concepts, principles, and technical capabilities to perform varied tasks and projects
May contribute to the development of policies and procedures
Works on complex projects of large scope
Develops technical solutions to a wide range of difficult problems
Solutions are innovative and consistent with organization objectives
Completes work; independently receives general guidance on new projects
Work reviewed for purpose of meeting objectives
May act as a mentor to less experienced colleagues
Anticipated salary range: $66,500-$94,900
Bonus eligible: No
Benefits: Cardinal Health offers a wide variety of benefits and programs to support health and well-being.
Medical, dental and vision coverage
Paid time off plan
Health savings account (HSA)
401k savings plan
Access to wages before pay day with myFlexPay
Flexible spending accounts (FSAs)
Short- and long-term disability coverage
Work-Life resources
Paid parental leave
Healthy lifestyle programs
Application window anticipated to close: 10/03/2025 *if interested in opportunity, please submit application as soon as possible.
The salary range listed is an estimate. Pay at Cardinal Health is determined by multiple factors including, but not limited to, a candidate's geographical location, relevant education, experience and skills and an evaluation of internal pay equity.
LI-Remote
LI-SP1
Candidates who are back-to-work, people with disabilities, without a college degree, and Veterans are encouraged to apply.
Cardinal Health supports an inclusive workplace that values diversity of thought, experience and background. We celebrate the power of our differences to create better solutions for our customers by ensuring employees can be their authentic selves each day. Cardinal Health is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, ancestry, age, physical or mental disability, sex, sexual orientation, gender identity/expression, pregnancy, veteran status, marital status, creed, status with regard to public assistance, genetic status or any other status protected by federal, state or local law.
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