Lead Director, Retail Pharmacy FP&A

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.CVS Health is seeking a Lead Director, Retail Pharmacy FP&A who will be responsible for leading a team focused on budgeting, forecasting, and reporting for consolidated Retail Pharmacy Margin. This is a highly visible, hands-on role working in a fast-paced environment providing the right individual an opportunity to directly support the business along with future advancement opportunities. In this job, you will interact and closely partner with several other teams such as Pharmacy Operations, Payer Relations, Rx Merchandising, and Red Oak Sourcing. Superior analytical and communication skills are equally important in this role, as you will be interacting with senior management on a regular basis.A strong candidate for this position has:

Strong work ethic and is a self-starter, able to be highly productive in a dynamic and collaborative environment

A track record of building strong business relationships in a highly matrixed environment using strong interpersonal skills and business acumen

The ability to drive strong financial outcomes partnering with the business

Effective communication skills with the expertise to understand the details and transform them into a business driver-based narrative for leadership

Responsibilities:

Lead FP&A team of six, including two direct reports, responsible for budgeting, forecasting, and reporting for Retail Pharmacy Margin

Closely oversee development, and be accountable for, sales and gross margin projections using a bottom-up approach that includes leveraging complex financial models; work closely with the business on critical inputs including rigorous review of key assumptions

Oversight and review of reporting including weekly and monthly results, quarterly earnings, and other periodic deliverables such as bridge summaries explaining operating performance relative to expectations

Partner with various groups across the organization, especially Pharmacy Operations (dispensing scripts) and Payer Relations (reimbursement), to evaluate opportunities and risks as well as enhance the accuracy of budgets / forecasts

Lead complex analytical projects both as an individual contributor and through delegation and review of the team’s work product

Support / help transition many of the monthly finance responsibilities from manual to automated. This requires a knowledge of the financial systems, interfaces along with the business

Required Qualifications

8-10+ years of finance experience with a track record of steady progression (pharmaceutical / healthcare industry preferred, not required)

Bachelor’s Degree in accounting, finance, economics, or a business-related discipline (MBA preferred, not required)

Strong analytical knowledge base and financial acumen, with proven ability to vision, strategize, and develop actionable tactics against key facts and data insights

Excellent organizational and time management skills with an ability to successfully balance business priorities and maintain a sense of urgency

Ability to problem solve, identify, and remove roadblocks, triage, and prioritize issues

Strong working knowledge of Microsoft applications, including Excel, Word, and PowerPoint

Pay RangeThe typical pay range for this role is:$100,000.00 - $231,500.00This 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: 07/29/2024We 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.