Pharmacy Business Finance Manager

Overview

The Pharmacy Business and Finance Manager provides leadership for financial planning, budgeting, analytics, and business operations across the Pharmacy Enterprise. This role serves as a strategic advisor to pharmacy leadership by translating financial and operational data into actionable insights that support decision-making, service growth, operational improvement, and long-term financial sustainability.

Responsibilities

• Lead monthly General Ledger reviews, budget-to-actual analyses, financial reconciliations, and variance reporting for pharmacy departments and cost centers.
• Coordinate annual operating and capital budgets, forecasts, accruals, journal entries, and period-end reporting.
• Develop executive dashboards, scorecards, key performance indicators, and recurring financial and operational reports.
• Analyze revenue, expenses, labor, drug spend, utilization, reimbursement, rebates, and high-cost medication trends.
• Develop pro formas, financial models, business plans, scenario analyses, capital requests, and FTE justifications.
• Evaluate the financial performance and sustainability of existing and proposed pharmacy services.
• Identify opportunities to increase revenue, improve margins, reduce costs, and optimize resources.
• Support financial analysis for specialty pharmacy, medication management services, 340B operations, supply chain, infusion, retail, and other pharmacy programs.
• Assess the potential financial impact of reimbursement, regulatory, manufacturer, and market changes.
• Establish standardized financial workflows, reporting practices, internal controls, and data-validation processes.
• Prepare decision-ready presentations and recommendations for pharmacy executives, finance committees, and organizational leadership.
• Lead and develop assigned business, finance, and analytics staff.
• Collaborate with Pharmacy, Finance, Accounting, Supply Chain, Revenue Cycle, Human Resources, Information Solutions, and operational leaders.

Required Qualifications

• Pharm D or Rph, and MBA, MHA or experience
• Five years of progressive experience in healthcare finance, pharmacy business operations, budgeting, financial analysis, accounting, or business analytics.
• Experience with budgeting, forecasting, variance analysis, financial modeling, and executive reporting.
• Previous supervisory, team leadership, or project leadership experience.
• Advanced proficiency in Microsoft Excel and financial reporting tools.

Preferred Qualifications

• Master of Finance, Master of Accounting, or another relevant advanced degree.
• Active pharmacist licensure when required by the position’s scope.
• Experience within an academic medical center, integrated health system, or complex multi-site pharmacy enterprise.
• Experience with Axiom, Workday, Power BI, Tableau, or similar financial and analytics platforms.
• Knowledge of pharmacy reimbursement, pharmaceutical purchasing, specialty pharmacy, 340B, medication management, and contracting.

Knowledge, Skills, and Abilities

• Strong financial, analytical, problem-solving, and strategic planning skills.
• Ability to interpret complex data and develop practical business recommendations.
• Effective executive communication, presentation, and relationship-management skills.
• Strong organizational skills with the ability to manage multiple priorities and recurring deadlines.
• Demonstrated leadership, sound judgment, attention to detail, and commitment to data integrity.
• Ability to collaborate across clinical, operational, financial, and administrative teams.

Education & Experience (Additional)

• Education: Bachelor's degree or equivalent education and/or relevant work experience
• Work Experience: 10 years progressive work experience and 5 years management experience.

Compensation & Benefits

• Salary

Location

• Medical University Hospital Authority (MUHA) • Cost Center: CC004415 SYS - ICCE - Pharmacy

Work Details

• Worker Type: Employee
• Worker Sub-Type: Regular
• Scheduled Weekly Hours: 40