Pharmacy Business Finance Manager

Medical University of South Carolina
  • South Carolina
    3 days ago

    Job Description

    Job Description Summary

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

    Entity

    Medical University Hospital Authority (MUHA)

    Worker Type

    Employee

    Worker Sub-Type​

    Regular

    Cost Center

    CC004415 SYS - ICCE - Pharmacy

    Pay Rate Type

    Salary

    Pay Grade

    Health-36

    Scheduled Weekly Hours

    40

    Work Shift

    Job Description

    MUSC Business and Finance Manager

    Pharmacy Enterprise

    Position Summary

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

    Key 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.

    Additional Job Description

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

    If you like working with energetic enthusiastic individuals, you will enjoy your career with us!

    The Medical University of South Carolina is an Equal Opportunity Employer. MUSC does not discriminate on the basis of race, color, religion or belief, age, sex, national origin, gender identity, sexual orientation, disability, protected veteran status, family or parental status, or any other status protected by state laws and/or federal regulations. All qualified applicants are encouraged to apply and will receive consideration for employment based upon applicable qualifications, merit and business need.

    Medical University of South Carolina participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here: http://www.uscis.gov/e-verify/employees

    Numbers & Facts

    LocationSouth Carolina

    Skills

    • Accountingunmatched
    • Biotech and Pharmaceuticalunmatched
    • Budget Managementunmatched
    • Budgetingunmatched
    • Business Administrationunmatched
    • Business Analysisunmatched
    • Business Developmentunmatched
    • Business Operationsunmatched
    • Business Planunmatched
    • Capital Analysisunmatched
    • Capital Budgetingunmatched
    • Communication Skillsunmatched
    • Cost Controlunmatched
    • Data Qualityunmatched
    • Decision Supportunmatched
    • Detail Orientedunmatched
    • Expense Analysisunmatched
    • Federal Laws and Regulationsunmatched
    • Financeunmatched
    • Financial Administrationunmatched
    • Financial Analysisunmatched
    • Financial Managementunmatched
    • Financial Modelingunmatched
    • Financial Operationsunmatched
    • Financial Planningunmatched
    • Financial Reportingunmatched
    • Forecastingunmatched
    • General Ledger Accountingunmatched
    • Healthcareunmatched
    • Hospitalunmatched
    • Human Resourcesunmatched
    • Journal Entriesunmatched
    • Leadershipunmatched
    • Medicationsunmatched
    • Microsoft Excelunmatched
    • Multitaskingunmatched
    • Operational Auditunmatched
    • Operational Improvementunmatched
    • Organizational Skillsunmatched
    • Performance Metricsunmatched
    • Pharmacyunmatched
    • Power BIunmatched
    • Problem Solving Skillsunmatched
    • Purchasing/Procurementunmatched
    • Reconciliationunmatched
    • Regulationsunmatched
    • Reimbursementunmatched
    • Reporting Dashboardsunmatched
    • Retailunmatched
    • Revenue Analysisunmatched
    • Revenue Growthunmatched
    • Scorecardingunmatched
    • State Laws and Regulationsunmatched
    • Strategic Planningunmatched
    • Supply Chainunmatched
    • Supply Chain Operationsunmatched
    • Sustainabilityunmatched
    • System Integration (SI)unmatched
    • Tableauunmatched
    • Team Lead/Managerunmatched
    • Team Playerunmatched
    • Time Managementunmatched
    • Variance Analysisunmatched

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