Senior Manager, FP&A

CVS Health

13d

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: As a Financial Planning & Analysis Senior Manager, you will be responsible for providing strategic leadership and oversight for Specialty and Mail Pharmacy financial planning and analysis functions by managing a team of financial analysts, coordinating budgeting and forecasting processes, providing guidance on financial strategy, and collaborating with stakeholders to align financial goals with business objectives. This role will you to ensure accurate financial reporting, drive process improvements, and contribute to strategic planning and risk assessment. You will have oversight of financial consolidation process up through Retail and Pharmacy Services You will accomplish this by: Developing and executing the annual financial planning and analysis (FP&A) budgeting process, working closely with key stakeholders to establish financial targets and allocate resources effectively. Overseeing the analysis of financial performance, including variance analysis, trend analysis, and profitability analysis by providing insights and recommendations to senior leadership based on financial data and trends. Conducting scenario analysis and sensitivity analysis to evaluate the financial impact of various business scenarios and help guide strategic decisions. Defining strategy regarding investment opportunities, mergers and acquisitions, and other strategic initiatives from a financial perspective. Creating sophisticated financial models to support strategic decision-making and long-term financial planning. Analyzing the financial performance of business units, product lines, or projects, identifying areas of improvement and growth opportunities. Establishing financial planning and analysis processes, systems, and tools to increase efficiency and accuracy. Creating budgeting and forecasting processes, ensuring accuracy and alignment with strategic objectives. Conducting performance evaluations, set performance goals, provide guidance, and foster a collaborative and high-performing team environment.

Requirements

• Minimum 7 years of relevant work experience
• Minimum 2 years of team supervision experience
• Willingness to travel up to 10% (including plane)

Nice To Haves

• Proven experience managing remote or distributed teams, with a strong ability to build trust and maintain productivity in a virtual environment
• Background working within a large, complex organization, demonstrating the ability to navigate matrix structures, influence stakeholders, and align with enterprise-wide goals
• Strong organizational and leadership skills, with a track record of delivering results in dynamic, fast-paced settings
• Advanced experience in MS Excel, MS PowerPoint
• Proficient experience working with Anaplan, Workday, and/or SAP S4
• Adept at execution and delivery (planning, delivering, and supporting) skills
• Adept at business intelligence
• Adept at collaboration and teamwork
• Mastery of problem solving and decision-making skills
• Mastery of growth mindset (agility and developing yourself and others) skills
• Certified Corporate FP&A Professional (FPAC)

Responsibilities

• Developing and executing the annual financial planning and analysis (FP&A) budgeting process, working closely with key stakeholders to establish financial targets and allocate resources effectively.
• Overseeing the analysis of financial performance, including variance analysis, trend analysis, and profitability analysis by providing insights and recommendations to senior leadership based on financial data and trends.
• Conducting scenario analysis and sensitivity analysis to evaluate the financial impact of various business scenarios and help guide strategic decisions.
• Defining strategy regarding investment opportunities, mergers and acquisitions, and other strategic initiatives from a financial perspective.
• Creating sophisticated financial models to support strategic decision-making and long-term financial planning.
• Analyzing the financial performance of business units, product lines, or projects, identifying areas of improvement and growth opportunities.
• Establishing financial planning and analysis processes, systems, and tools to increase efficiency and accuracy.
• Creating budgeting and forecasting processes, ensuring accuracy and alignment with strategic objectives.
• Conducting performance evaluations, set performance goals, provide guidance, and foster a collaborative and high-performing team environment.

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