Our Ability Jobs

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver. 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.

This position is classified as remote

Position SummaryThe Lead Director Financial Reporting & Analytics will report directly to the Chief Financial Officer in a capacity that leads the Financial Analytics and Reporting Team. Role responsibility is to lead the analytical activities for identifying medical cost initiatives on behalf of the Health Plan completing complex medical cost analysis and presenting findings to cross functional leadership team. Work with constituent areas in the local market, finance, actuarial, growth partners and MEU leadership to execute and influence actionable items to mitigate medical cost drivers. Champion ongoing communication with key stakeholders to maximize collaboration and drive impact. Lead the coordination of complex financial and claims analytics to determine the impact and support local market decisions. Position entails discussing the financial data and impact and assisting the local market to make strategic savings decisions to help lower medical costs. Additional responsibilities include leading the financial validations efforts needed to onboard provider and vendor relationships related to their payment structure and performance evaluations needed to establish KPIs.Required Qualifications

Knowledge of:

• Healthcare/Insurance KPIs

• Financial Modeling and Variance Analysis

• Contract interpretation and adaptation

• Basic Database design, data modeling, and ETL automation processes

• Demonstrates strong ability to communicate technical concepts and implications to business partners

• Demonstrates proficiency in building dashboards using BI Tools such as visual studios, Tableau or SSRS

• Healthcare sector experience preferred

Skill In:

• Strong analytical ability and familiarity with advanced financial and healthcare concepts.

• 10+ years of a combination of consulting and financial experience and managing projects or process.

• 10+ years in finance, analyzing cost, budgets, forecasting, and P&L

• 10+ years of experience with SQL or other Statistical and Database warehouses.

• 7+ years of experience with Excel (Reporting & Modeling), Tableau, or SSRS/SSIS/SSAS.

• Strong verbal/written communication and data presentation skills.

Ability To:

• Maintain continuous learning curiosity.

• Develop analytical tools and models.

• Build, analyze, and communicate the story using data stored in reporting warehouse. This can include preparing easy-to-understand charts, tables, graphs, and other related documents for diverse audiences.

• Effective communication and presentation skills with Leadership.

• Experience leading cross-functional teams and departments to reporting and automation solutions that are easy to understand and effective..

Preferred Qualifications

Knowledge of:

• Managed Medicaid experience in complex Medicaid market.

• Accounting and Basic GAAP as it relates to treatment of revenue and expense items on profit and loss, income statement and balance sheet.

• Hyperion/S4 Hana.

• Demonstrated experience in defining and designing KPI metrics.

• Deep understanding of the various business initiatives across the organization.

Skill in:

• Managing an engaging and accomplished team of Consultants.

Ability To:

• Advanced Financial modeling.

• Partner with the business leaders to define operational KPIs (e.g. Cost, & Financial) to be used to manage operational & business performance.

Education

• Bachelor degree

Pay Range

The typical pay range for this role is:

$100,000.00 - $231,500.00

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 jobs.CVSHealth.com/benefits

We anticipate the application window for this opening will close on: 04/27/2024

CVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated.

You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.

CVS Health is committed to recruiting, hiring, developing, advancing, and retaining individuals with disabilities. As such, we strive to provide equal access to the benefits and privileges of employment, including the provision of a reasonable accommodation to perform essential job functions. CVS Health can provide a request for a reasonable accommodation, including a qualified interpreter, written information in other formats, translation or other services through ColleagueRelations@CVSHealth.com If you have a speech or hearing disability, please call 7-1-1 to utilize Telecommunications Relay Services (TRS). We will make every effort to respond to your request within 48 business hours and do everything we can to work towards a solution.

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.