Senior Financial Analyst, FP&A

CVS Health • Hartford, CT

7d • Hybrid

About The Position

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.

Requirements

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

Nice To Haves

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

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

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: Mid Level
• Number of Employees: 5,001-10,000 employees