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Financial Analyst

Red Oak Sourcing
locationFoxborough, MA, USA
PublishedPublished: 6/14/2022
Full Time

Job Description

Red Oak is a joint venture between two Fortune 20 leading healthcare companies, CVS Health and Cardinal Health, responsible for securing generic pharmaceuticals for both organizations. Pharmaceutical Sourcing team is comprised of industry experts, strategists, and entrepreneurial thinkers who apply innovative strategies to bring generic pharmaceuticals to market more efficiently.


Enjoy the best of both worlds with our hybrid schedule!

Work from the comfort of home on Mondays and Fridays, and join the team in our welcoming office space on Tuesdays, Wednesdays, and Thursdays for collaboration and connection.


Position Summary:

The Finance Analyst assists the Sourcing Directors by providing financial analyses of supplier pricing proposals for a vast portfolio of generic pharmaceutical products. The Finance Analyst will compile critical pricing and volume data into detailed reports to help inform sourcing decisions regarding new business, price changes, and generic launches.


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 and CVS Health parent companies.


Responsibilities:

•Directly support Sourcing Directors with accurate and timely financial analyses to evaluate supplier proposals, including price changes, new business offers, and generic launches

•Perform weekly and monthly standard reporting and maintain templates and underlying data sources, while identifying process improvements and efficiencies

•Provide support and collaborate on special projects, including enhancements and testing of a proprietary software tool

•Partner with Sourcing and Operations teams to align on marketplace dynamics

•Manage workload with a sense of urgency in order to pivot quickly to new tasks and respond to shifting priorities

•Support ad hoc requests as needed


Qualifications:

•Bachelor’s Degree, with concentration in Finance, Business, Economics, Healthcare Administration, or related field

•Strong analytical and problem-solving skills

•Naturally inquisitive and eager to learn

•Ability to work independently and as a team player

•1+ years relevant business/analytical experience

•Excellent verbal and written communication skills

•Strong knowledge of Microsoft Excel and PowerPoint


Why You'll Love Working at Red Oak:

At Red Oak, we take care of our team with a comprehensive benefits package that goes far beyond the basics. Here's what you can expect:


*Fully Funded Health, Dental & Vision Coverage

Top-tier plans from Blue Cross Blue Shield, Delta Dental, and EyeMed — with all premiums 100% paid by Red Oak starting the first of the month after hire.


*Robust Life & Disability Insurance

Employer-paid life insurance (1.5x salary), plus short- and long-term disability coverage — all included.


*Retirement Savings with Immediate 100% Match

Red Oak matches 100% of your contributions up to 5%, with immediate vesting.


*Generous PTO & Paid Parental Leave

Start with up to 16 days of PTO (scaling with tenure). Start with up to 16 days of PTO (scaling with tenure), plus 4 weeks paid parental leave after 90 days.


*Pre-Tax Savings & HSA Contributions

Access to Medical & Dependent Care FSAs, and HSA funding up to $458.33/month from Red Oak.


*Education Reimbursement


*Legal Support & Charitable Giving

Optional LegalShield coverage, plus up to $1,000/year in matching donations to causes you care about.


*Wellness Support

Subsidized gym memberships and a culture that promotes healthy living.


*Summer Fridays and Additional Perks

Enjoy casual dress, summer Fridays (2 PM close), snacks, and team meals.


*Great Location

Our office is easily accessible and close to shops, restaurants, and public transit.

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