Red Oak Sourcing is a 50/50 joint venture between two Fortune 20 companies, Cardinal Health and CVS Health. Red Oak has sole responsibility for generic pharmaceutical sourcing for Cardinal Health and CVS Health’s retail division and pharmacy benefit manager – representing 85% of the pharmaceutical product volume of the two companies – making Red Oak one of the largest generic sourcing entities in the U.S.
The Finance Manager position will provide support to business leaders with respect to managing financial results for Red Oak initiatives and providing insights into marketplace trends. Primary responsibilities include monitoring product/supplier performance, managing financial impacts of potential risks and opportunities to the Cardinal Health monthly forecasts, developing annual budgets and presenting financials to the Red Oak leadership team.
This position is within a fast paced, collegial environment, providing the right individual with an opportunity for career advancement and the ability to learn aspects of both Cardinal Health and CVS Health parent companies.
Responsibilities:
• Develop financial models to analyze and evaluate financial performance of Red Oak initiatives
• Provide analytics and monthly reporting to Cardinal Health to support financial forecasts including new generic product launches, marketplace events and inflation/deflation of product costs
• Work closely with the Red Oak leadership team to develop annual budgets and prepare comprehensive budget presentations to Cardinal Health
• Provide insights into marketplace trends including new generic launches, inflation/deflation trends and product availability
• Maintain Risks & Opportunities analysis and quantify impact to financial forecasts/budgets
• Collaboration with Cardinal Health Finance team to ensure financial alignment
• Provide support for special projects and adhoc analysis as needed
Qualifications:
• Bachelor’s Degree, with concentration in Accounting, Finance, Business or related field preferred
• 3+ years of relevant business/analytical experience preferred
• Working knowledge of accounting and finance principles
• Strong communication and interpersonal skills
• Strong technical skills, including extensive knowledge of Microsoft Excel and Power Point
• Ability to work independently and as a team player
• Proven ability to perform with a high degree of accuracy under tight deadlines and flexibility to manage multiple projects
• MBA or CPA (preferred)
• Pharmaceutical industry experience (preferred)
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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We are a team of nearly 48,000 mission-driven partners striving each day to advance healthcare and improve lives. We are Essential to care.
Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and data solutions for health care facilities
We are a crucial link between the clinical and operational sides of care, working with more than 4,500 sourcing and manufacturing partners to deliver end-to-end solutions and data-driven insights that advance healthcare and improve lives every day. With deep partnerships, diverse perspectives and innovative digital solutions, we build connections across the continuum of care.
With 50 years of experience, approximately 44,000 employees and operations in more than 30 countries, Cardinal Health seizes the opportunity to address healthcare’s most complicated challenges – now, and in the future.
On Thursday, Jan. 7, 2021, we celebrated the day our founder, Bob Walter, had the vision to start a business that became known as Cardinal Health.
One of the most important ways we celebrated was by giving back to the communities where we live and work. 2021 was a “Year of Service” for all Cardinal Health employees around the world.
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Cardinal Health is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
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