IT Strategic Planning and Procurement Analyst

CVS Health

8d

About The Position

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. Position Summary The IT Strategic Planning & Procurement Analyst supports organizational planning initiatives, procurement activities, and financial analysis. This role is designed for individuals with foundational knowledge in finance and procurement who are eager to develop strategic thinking skills. The position involves assisting senior team members in analyzing data, preparing reports, and coordinating procurement processes to ensure cost efficiency and alignment with business objectives.

Requirements

• 5+ years of experience in finance, procurement, or planning (internship experience acceptable)
• Proficiency in Microsoft Excel and data analysis tools
• Bachelor’s degree in Business Administration, Finance, Supply Chain Management, related field or equivalent experience (HS diploma + 4 years relevant experience)

Nice To Haves

• Familiarity with ERP or procurement systems (SAP, Ariba)
• Understanding of IT operations, functions, and support IT procurement experience
• Strong analytical and problem-solving abilities
• Excellent communication and organizational skills
• Ability to work collaboratively and manage multiple priorities

Responsibilities

• Strategic Planning Support Assist in gathering and analyzing market, operational, and financial data to support strategic initiatives.
• Prepare reports and presentations for planning meetings and leadership reviews.
• Track progress on strategic projects and maintain documentation of milestones.
• Procurement Activities Support vendor selection and contract administration processes.
• Conduct basic cost analysis and assist in preparing RFQs/RFPs.
• Maintain procurement records and ensure compliance with company policies.
• Financial Analysis Assist in budget preparation and forecasting for procurement and strategic projects.
• Monitor expenditures and reconcile purchase orders against budgets.
• Prepare financial summaries for leadership review.
• Cross-Functional Collaboration Work with finance, operations, and procurement teams to align activities with organizational goals.
• Participate in meetings and contribute to process improvement discussions.

Benefits

• 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 schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees