Rebate Reconciliation Process Manager

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

Benefits offered by this job

Medical, dental, vision coverage

Comprehensive benefits package

Job summary

CVS Health is seeking a Rebate Reconciliation Process Manager in Illinois to reconcile complex pharmaceutical rebates, mentor analysts, and lead cross-functional process improvements. You will partner with Invoicing, Research, Accounting, Client Support and Trade Relations to drive value for clients and reduce drug spend.

The role emphasizes automation, strong financial controls, and strategic project leadership, with a base salary range and comprehensive benefits for a full-time position.

Qualifications

• 5+ years of experience in financial analysis, reconciliation, or related analytical roles.
• Advanced Microsoft Excel skills for data analysis, reporting, and reconciliation.
• Bachelor’s degree in Finance, Accounting, Business, Math, or Economics preferred or equivalent work experience.

Responsibilities

• Manage complex pharmaceutical rebate reconciliations, investigate variances, and resolve payment disputes.
• Provide coaching, training, and subject matter expertise to analysts/Senior analysts.
• Lead cross-functional projects, process improvements, and system enhancement initiatives.
• Drive operational efficiency through automation, financial controls, and continuous improvement.
• Develop business requirements, documentation, training materials, and standard operating procedures.
• Perform analysis, reporting, testing, and root cause investigations to support business objectives.

Skills

Advanced Excel

Financial analysis

Education

Bachelor's degree in Finance/Accounting/Business/Math/Economics

Tools

SQL

Teradata

GCP

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. Position Summary The Rebate Reconciliation team is responsible for reconciling rebate payments from manufacturers with the invoices for those rebates. The Rebate Reconciliation Process Manager position supports the team both as an individual contributor performing reconciliation duties on the most complex accounts and as a mentor providing coaching, training, and management oversight to other team members, developing, and designing optimal processes for the reconciliation function, leading projects, and solving complex and escalated issues. This position works closely with various internal partners including Invoicing, Research, Accounting, Client Support and Trade Relations and external partners such as Pharmaceutical Manufacturers. As a member of the team, you will help drive value for our clients by reducing their overall drug spend. Our organization is focused on making quality care more affordable, accessible, simple, and seamless. Together, we are committed to helping people on their path to better health.

Responsibilities

• Manage complex pharmaceutical rebate reconciliations, investigate variances, and resolve payment disputes.
• Provide coaching/training, and subject matter expertise to analysts/Senior analysts.
• Lead cross-functional projects, process improvements, and system enhancement initiatives.
• Drive operational efficiency through automation, financial controls, and continuous improvement.
• Develop business requirements, documentation, training materials, and standard operating procedures.
• Perform analysis, reporting, testing, and root cause investigations to support business objectives.

Required Qualifications

• 5+ years of experience in financial analysis or reconciliation or operations, or analytical roles.
• Advanced Microsoft Excel skills, including data analysis, reporting, and reconciliation functions.

Preferred Qualifications

• Strong SQL, Teradata, GCP, or other data analytics platform experience
• Knowledge of financial controls, auditing practices, and risk mitigation strategies.
• Experience within Pharmacy Benefit Management (PBM), pharmaceutical manufacturers, healthcare operations, or rebate management.

Education

Bachelor’s Degree in Finance, Accounting, Business, Math, or Economics preferred or equivalent work experience.

Anticipated Weekly Hours: 40. Time Type: Full time.

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

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.

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: 11/24/2026 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.