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Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.
Position Summary
Do you have a passion for financial analysis and problem solving? Would you like the opportunity to contribute directly to the bottom line? At CVS Health you can put your skills and interests to work by joining our Retail Pharmacy Finance team. An individual who joins our team will support financial analysis and establish and maintain financial controls for some of our most impactful areas.
As a Financial Analytics Sr. Manager (IC), you will be responsible for completing quarterly checks on Cost Vantage file, which sets drug reimbursement. This will involve maintaining existing processes, researching issues and establishing any additional controls needed. The individual will have a firm understating of pharmacy drug pricing methodologies and the various stakeholders in drug supply chain. The individual may also support additional CostVantage work related to auditor attestation and setting annual assumptions. The individual’s overall objective will be to establish and maintain a robust a process of ensuring we avoid any unanticipated risks. The individual will collaborate with and influence many departments within the company to ensure impacts are properly calculated and understood by all stakeholders. Additionally, the individual may complete various ad-hoc analyses to quantify financial impacts and support various medium to large size projects and present findings and recommendations to leaders across multiple departments.
The candidate will…
· Support and maintain financial controls for the Cost Vantage pricing methodology
· Create and maintain financial models, primarily in Excel, to ensure proper financial controls and research ad-hoc issues
· Gather business insights, source analysis inputs and collaborate with various internal stakeholders across departments including: Accounting, Finance FP&A, Payer Relations, Operations, Trade, and other corporate departments
· Access, construct, and manipulate large datasets to support financial analyses, using SQL, Excel, and similar tools
· Drive projects related to a wide variety of financial and operational business needs
· Present findings, develop and propose recommendations to leaders across multiple departments
Required Qualifications
· 7 + years’ experience in finance, analytics, and/or pharmaceutical pricing
Preferred Qualifications
· Prior experience in pharmacy financial analytics or pharmaceutical pricing
· Experience in Microsoft Excel-based modeling
· Experience extracting, manipulating, and analyzing large data sets and then using it to draw conclusions and problem solve
· Strong presentation and communication skills with experience presenting to various business groups
· Ability to interact with others in a collegial and professional manner and help foster teamwork and knowledge sharing to complete key tasks
· Ability to work independently in a fast paced environment and manage tight deadlines and competing priorities
Education
· Bachelor’s degree required
· Degree related to finance, mathematics, operations, statistics, actuarial science, economics, or other data/finance related fields preferred.
Pay Range
The typical pay range for this role is:
$82,940.00 - $182,549.00
This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company’s equity award program.
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.
For more detailed information on available benefits, please visit Benefits | CVS Health (https://jobs.cvshealth.com/us/en/benefits)
We anticipate the application window for this opening will close on: 03/17/2025
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
We are an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.
