VP, Chief Finance Officer - Commercial & Specialty Markets

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 recruiting for a VP, CFO Commercial & Specialty Markets. This role will support Aetna's ability to achieve its financial and strategic goals by managing and driving business actions and financial goals across the segment and the enterprise. Partner with senior management teams within the segment to maintain financial and operational control of the business, develop insight and drive execution.

Ensure effective support of financial closing, planning and forecasting processes.  Such activities drive the quality and integrity of P&L/cost center owner level reporting, membership and/or expense forecasts, product reporting and balance sheet reporting. 

This role will lead financial reporting and decision-support for the Commercial & Specialty Markets line of business, which includes Diversified Commercial Solutions (DCS) and Aetna International. You will own the development of financial P&Ls that will align to and help drive our strategic plan. In this role, you will have the opportunity to make a significant impact on our company's growth trajectory.

In addition, you will coordinate with other financial disciplines/functions in support of business transactions, e.g., provider arrangements, regulatory issues, analysis of legal entities, etc. Identify, recommend, monitor, and track effective medical cost analysis, product and risk alignment with business unit financial performance targets, through coordination with internal functions supporting the business, such as actuarial, network management, etc.

Major Responsibilities:

• Partner with senior management segment heads to analyze and support full P&L responsibility.

• Drive results; demonstrates urgency and holds self and others accountable for achieving high standards of performance and service

• Identify emerging product/market trend vulnerabilities and opportunities through analysis and insight generation; develop and implement action plans for business growth.

• Coordinate development and monitor implementation of major business unit action plans to seize competitive opportunities and/or respond to performance shortfalls/plan variances.

• Coordinate with other financial disciplines/functions in support of business transactions, e.g., PIP arrangements, regulatory issues, analysis of legal entities, etc.

• Identify, suggest, monitor, and track effective medical cost analysis through coordination with medical directors, network management, underwriting, etc.

• Support the coordination and development of business unit financial plans and forecasting tools/processes.

• Provide financial analysis and recommendations in support of management's evaluation of strategic and business initiatives. 

• Drive the dissemination and collection of input/output data, critical assumption and management reporting requirements.

• Lead development and implementation of business unit performance measures.

• Develop processes and set infrastructure to measure, understand and monitor business unit results relative to action plans and milestones.

• Enhance processes that drive accountability measurements throughout the organization.

• Partner with other financial disciplines, e.g., actuarial, to assure pricing, product and risk alignment with business unit financial performance targets.

• Align resources with shared services to drive business unit focus.  Provide project management support for critical action plans other initiatives that cut across business unit and/or Aetna.

• Support business unit competitive intelligence analysis and benchmarking.

• Monitor and evaluate risk and delegation arrangements; recommend appropriate financial protections.

• Ensure appropriate financial controls are in place for shared services and business unit.

• Develop high performing financial unit that performs a function (e.g., medical cost analysis) and/or can assist in the financial and business issues support being provided to the business.

• Provide coaching/mentoring and development to direct reports and ensures talent development best pract