Accounting Manager

CVS Health; United States; Hybrid; USD 66,000 - 146,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision coverage

Retirement plan

Paid time off

Job summary

CVS Health is seeking a Manager of PBM Accounting to lead month-end close and drive accurate inventory and 340B reporting. This role collaborates with Treasury and Finance and serves as a back-up for Senior Manager and Director in a large, fast-paced organization.

The position is hybrid and will be filled in Cumberland, RI or Hartford, CT, with a typical 40-hour work week. A strong accounting background, cross-functional communication, and leadership experience are essential; CPA and SAP

Qualifications

• 5 years of experience in a Public/Corporate Accounting function.
• 340B experience is preferred.
• Experience leading a team of accountants.
• Advanced Excel skills to organize, manipulate and interpret data.
• SAP experience is a plus.

Responsibilities

• Lead monthly and quarterly Inventory and 340B reporting and analysis.
• Coordinate requirements with Treasury and Finance and communicate the drivers, opportunities and risks.
• Oversee accounting impacts from Legal Entity postings including journal entries and reconciliations.
• Support Accounts Receivable and Accounts Payable close processes for PBM Accounting.
• Assist auditors during financial statement and internal control audits.
• Identify process improvements and efficiency opportunities.
• Provide accruals, forecasting and cross-functional collaboration.

Skills

People leader

Excel

Strong data analysis

Education

Bachelor's degree or equivalent work experience

CPA preferred

Tools

SAP

Job description

We're building a world of health around every individual - shaping a more connected, convenient and compassionate health experience. At CVS Health®, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger - helping to simplify health care one person, one family and one community at a time. ***This position is classified as hybrid and will be filled in either Cumberland, RI. or Hartford, CT. Additional CVS office locations may be considered***

Position Summary

The Manager of PBM Accounting will assist the Sr Manager in driving an accurate and efficient Month End Close for assigned responsibilities. Primary responsibilities include taking a lead and visible role in Inventory Accounting inclusive of 340B, Legal Entity Accounting, Audit support, related party Eliminations and reconciliations between segments. The Manager of PBM Accounting will also support the Sr. Manager and Director with ad-hoc projects in addition to cross-training with and acting as the backup to the Senior Manager and Manager of PBM Accounting. The ideal candidate will have a strong accounting background with the ability to meet tight deadlines in a fast-paced environment. Additionally, the candidate should be able to work cross functionally in a large organization with ability to communicate effectively at all levels. The Manager of PBM Accounting will have a range of responsibilities including:

• Responsible for monthly and quarterly Inventory and 340B reporting and analysis, coordinating requirements with Treasury and Finance and having a visible role in meetings ensuring clear communication of working capital drivers, opportunities and risks.
• Oversight of the accounting impacts from the Legal Entity postings. This includes reviewing and approving monthly journal entries, account reconciliations, and analysis of results for pharmacy channels within PBM Accounting.
• PBM Network Accounting functions and special projects related to claims posting.
• Support various aspects of the Accounts Receivable and Accounts Payable PBM Accounting close process including the working capital aspect.
• Support and manage requests from internal and external auditors as they complete the financial statement and internal control audits.
• Evaluate and propose process improvement and efficiency opportunities.
• Assist on special projects as needed.
• Accruals, analysis, forecasting, collaboration.

Required Qualifications

5 years of experience in a Public/Corporate Accounting function.

Preferred Qualifications

• 340B experience
• People leader experience
• Strong Excel skills with a proven capacity to organize, manipulate and interpret data.
• SAP experience a plus.
• CPA preferred.

Education

Bachelor's degree required OR equal relevant work experience

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is: $66,330.00 - $145,860.00 This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.

Benefits

Great benefits for great people We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families. This full-time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well-being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility. Additional details about available benefits are provided during the application process and on Benefits Moments.

We anticipate the application window for this opening will close on: 11/03/2026

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

Our Work Experience

Our Work Experience is the combination of everything that's unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it's our people.

Our employees are self-disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area.