Senior Financial Analyst, FP&A

At CVS Health, we’re building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.

As the nation’s leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues – caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.

Position Summary

CVS Health is seeking a Senior Financial Analyst to join our Medicare FP&A Organization. This role supports development and implementation of the Non-benefit Expense portion of the annual Medicare CMS bid/pricing process, driving best practices, regulatory compliance, and competitive cost structure.

The ideal candidate is a self-starter with a Finance or analytical background and a strong attention to detail.

Key Responsibilities

• Coordination and execution of Medicare Bid requirements for MAPD and Part D, including several rounds of non-benefit expense (NBE), audit requests, Worksheet 1 and other ad hoc bid requests.
• Develop and maintain dashboards and reporting tools that summarize Medicare Product level allocated SG&A results for executive and management teams.
• Maintain building blocks of financial planning and analysis processes (including Cost center allocations), enhancing data accuracy, and improving efficiency in monthly and quarterly reporting.
• Consolidate Cash Flow for all Part D Products, Rx Elimination reporting, and Successful applicant will also be expected to provide business and financial management reports.
• Preparing complex ad hoc monthly reports as needed for expenses, resource management, and key performance metrics - communicating results to various levels of management

Core Competencies

• Exceptional attention to detail and analytical thinking
• Strong verbal and written communication skills
• Desire to promote change and drive key initiatives
• Ability to identify and implement process improvements
• Strong interpersonal and relationship-building skills with the ability to work across business units within a complex organization
• Experience consolidating and reporting results to business partners
• Strong collaboration skills and ability to successfully engage with senior leaders as necessary

Required Qualifications

• 2+ years of experience working in Finance or a related field (e.g. Accounting, Analytics)
• 2+ years of experience with Microsoft Excel

Preferred Qualifications

• Minimum 2-3 years relevant FP&A experience
• Intermediate to advanced Excel skills, including financial modeling and data analysis
• Experience in Healthcare, Medicare or Part D
• Experience in Oracle/Hyperion/S4

Education

• Bachelor’s Degree preferred or equivalent experience required
• Finance, Accounting or similar degree preferred

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$46,988.00 - $112,200.00

This 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. 
 

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

We take pride in our comprehensive and competitive mix of pay and benefits – investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:

• Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.

• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.

• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work sc