Sr. Analyst - DDAT FP&A

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Position Summary

The Senior Financial Analyst position supports DDAT expense management within CVS Health’s DDAT Finance Organization, specifically for Pharmacy Services (PS). The position is a member of the PS DDAT Finance team and will work cross-functionally with the Project Management Office (PMO), Fixed Assets, Corporate Capital FP&A, Procurement, Human Resources, and other Finance teams to successfully manage, plan, and report on PS DDAT expenses.  This position reports to the PS FP&A Senior Manager.

The Senior Financial Analyst’s primary responsibilities include:

·         Performing month-end journal entries, variance analyses, and reporting for multiple areas within DDAT.

·         Assist with the development of financial models and templates to upload the DDAT budget and forecast into multiple systems.

·         Partnering with the PMO and cost center owners to ensure FTE rosters are accurately maintained.

·         Performing monthly financial analyses based on KPIs to be reviewed and consolidated by the Sr. Manager of the PS IT FP&A team for inclusion in regular Senior Management meetings.  Examples include volume vs rate variance analysis, risks and opportunity projections, development project capitalization trend analysis, and savings initiative performance tracking.

·         Leveraging Clarity and Ariba procurement applications to review and provide timely feedback on external Labor Contracts / Statements of Work (SOWs).  Requires review of available Labor Hours across the PS Portfolio in preparation for weekly review meetings with the PMO where you will provide approval or informed guidance.

·         Assist with the management and maintenance of cost center internal resource rosters to develop accurate Labor reporting and facilitate FP&A budget and forecast updates. Includes tracking both administrative (Non-Time Entry roles) and technical positions (Time Entry roles).

·         Coordinating and supporting frequent engagements with the Sr. Manager of PS FP&A, PMO and various direct reports of the Leadership team in support of building yearly budgets and quarterly forecasts assumptions.

·         Assisting the PS FP&A Sr. Manager with any ad-hoc requests.

Additionally, developing and maintaining KPI performance tracking models for multi-year projects.  Tracks, analyzes, and reports on the financial impact of current and proposed DDAT & business investments.

You will work directly with the Senior Manager of PS FP&A and the PMO to update timing of project expenses into the forecast, execute month-end close, and complete monthly variance analysis reporting.  This position will support and work closely with HR, Fixed Assets Accounting, Finance, and multiple DDAT business partners to ensure accurate planning and reporting.