Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.This position is classified as hybrid and will be filled in either Downers Grove, IL., Hartford, CT., Woonsocket, RI., Irving, TX., or Scottsdale, AZPosition SummaryCVS Health is a pharmacy innovation company with a simple and clear purpose; helping people on their path to better health. Millions of times a day, CVS Health is helping people on their path to better health—from advising on prescriptions to helping manage chronic and specialty conditions.In this role, you will be reporting to the Director of Retail Pharmacy FP&A, you’ll be responsible for preparing materials and analysis for monthly close, budget, forecasts, and R&Os among other analytic reporting needs. You will interact and closely partner with other the broader Retail FP&A teams, business teams, and other supporting functional areas (i.e., accounting, etc.). You and the broader team play an instrumental role in assisting the business in identifying new innovative sources of growth and support evolving CVS Retail Pharmacy strategy. Superior analytical and communication skills are important in this role, as you will be preparing materials for an executive audience
Summarize key business themes and drivers of variances to expectations assisting with the month-end close process, including preparation of supporting materials, with an ambition to improve and streamline current processes.
Develops and executes the annual financial planning and analysis (FP&A) budgeting process, working closely with key stakeholders to establish financial targets and allocate resources effectively.
Oversees the analysis of financial performance, including variance analysis, trend analysis, and profitability analysis by providing insights and recommendations to senior leadership based on financial data and trends.
Creates sophisticated financial models to support strategic decision-making and long-term financial planning
Analyzes the financial performance of business units, product lines, or projects, identifying areas of improvement and growth opportunities; such as pharmacy growth initiatives, new revenue streams, new reimbursement models, etc.
Establishes financial planning and analysis processes and tools, ensuring efficiency and accuracy in alignment with strategic objectives
Lead and develop a team of individuals ranging from analyst to manager, who are individual contributors.
Required Qualifications
7+ years of professional finance experience with escalating levels of responsibility
Advanced proficiency in Microsoft Office Applications (e.g., Excel, PowerPoint)
Preferred Qualifications
Advanced degree, i.e., Accounting, business, finance, economics, etc. and/or certification, i.e., CFA, CPA
Healthcare/Pharmacy industry work experience
Excellent verbal and written communication skills
Strong attention to detail and analytical skills
Experience with custom queries in relational databases (such as SQL)
Education
Bachelor’s degree.
Pay RangeThe typical pay range for this role is:$82,940.00 - $182,549.40This 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. This position also includes an award target in the company’s equity award program.In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.For more detailed information on available benefits, please visit jobs.CVSHealth.com/benefitsWe anticipate the application window for this opening will close on: 09/16/2024Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.We are an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.