Executive Director, Strategic Finance & FP&A - Pharmacy Services

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 Caremark, a leading pharmacy benefit management (PBM) company, is seeking a highly visible and strategic Executive Director to oversee a business unit P&L. This role will involve collaborating with cross-functional teams to optimize rebate structures, enhance profitability, and ensure accurate financial reporting. The ideal candidate will possess strong analytical skills, a deep understanding of our Network and pricing arrangements with our clients and pharmacies and the ability to communicate complex financial concepts to stakeholders at all levels.  This role is crucial in ensuring the proper budgeting and forecasting, aligning metrics to track financial health, and supporting executive leadership in investment and budget needs. This role sets strategic direction, drives financial planning excellence, and ensures alignment with enterprise goals. The Executive Director will lead a high-performing team, influence enterprise-wide decisions, and foster a culture of innovation and operational excellence.

Responsibilities include:

• Strategic Leadership
  • Lead the FP&A function, ensuring alignment with the organization’s overall business strategy.
  • Develop and implement financial planning methodologies that support long-term growth and operational excellence.
  • Define and drive organizational policies, goals, and objectives based on industry best practices.
  • Ability to interpret complex financial data into clear, actionable insights
  • Aligning financial plans with strategy and market dynamics
  • Anticipating risks and opportunities providing recommendations ahead of the curve
• Financial Planning & Reporting
  • Oversee the annual budgeting process, forecasting cycles, and financial modeling.
  • Ensure accurate and timely financial reporting in compliance with regulatory standards.
  • Establish and monitor key performance indicators (KPIs) and revenue activity trends to identify opportunities and performance gaps.
• Business Partnership
  • Serve as a strategic advisor to senior leadership, providing insights and recommendations based on financial analysis.
  • Collaborate cross-functionally to support decision-making and drive business outcomes.
• Operational Excellence
  • Champion the transformation of data and infrastructure to enhance , risk management, and external reporting.
  • Leverage innovative technologies to improve productivity, service delivery, and colleague experience.
• Leadership and Talent Development
  • Foster a culture of engagement, growth, and mobility through training, career planning, and succession management.
  • Manage team performance through continuous feedback and formal review processes.
  • Strong communication and storytelling skills – making finance relatable to non-financial leaders.

Organizational Impact:

• Influences development strategies and decisions that impact business unit or enterprise results.
• Leads initiatives that drive financial performance and operational efficiency across the organization.

• Builds and develops high-performing teams through coaching, mentorship, and strategic talent planning.

Required Qualifications:

• 15+ years of progressive experience in financial planning & analysis (FP&A), corporate finance, or related fields.
• Proven leadership experience managing high-performing teams and driving strategic initiatives.
• Strong analytical and problem-solving skills, with the ability to interpret complex financial data and translate it into actionable insights.
• Expertise in budgeting, forecasting, and financial modeling within a large, matrixed organization.
• Demonstrated ability to influence senior leadership and collaborate cross-functionally.
• Excellent communication and storytelling skills, especially in making financial concepts relatable to non-financial stakeholders.
• Experience managing P&L and driving profitability through strategic financial planning.

Preferred Qualifications:

• Experience in the healthcare or pharmacy benefit management (PBM) industry, particularly wi