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Lead Director, CFO Florida Medicaid Market

AT CVS Health
CVS Health

Lead Director, CFO Florida Medicaid Market

Tallahassee, FL

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.

Position Summary

The Lead Director, CFO Florida Medicaid Market role will function as the CFO for the Florida Medicaid Health Plan and will lead the respective markets' ability to achieve its financial and strategic goals by managing and driving business actions and financial goals across the Plan, Aetna Medicaid segment and Aetna Health Care Business unit.

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The CFO of the Florida Medicaid Health Plan will be responsible for managing the performance of over $1B in annual revenue.

The Market CFO will:
  • Partner with the Florida Medicaid CEO and be an integral part of the Florida Medicaid C-suite team to maintain financial and operational control of the business.
  • Lead a team of Finance professionals responsible for managing the financial close, forecasting and planning processes, as well as manage standard and ad hoc financial report submissions to and audit reviews by the State Medicaid Agency.
  • Leverage prior experience to ensure the quality and integrity of P&L/cost center owner level reporting, membership and/or expense forecasts, product reporting and balance sheet reporting.
  • Collaborate with constituent areas including Actuarial, Service Operations, Clinical, Network and Medical Economics to execute on growth and expense management priorities.
Required Qualifications
  • 10+ years financial experience including strategic and business planning, financial planning, analysis, P&L, reporting or accounting.
  • Experience in healthcare or insurance.
  • Experience in P&L management and leadership with budgets, and forecasts.
  • Experience in development of Budgets and identification of risks and opportunities.
  • P&L ownership and key financial metrics.
Preferred Qualifications
  • Health Plan Operations.
  • Provider contracting and reimbursement methodologies.
  • Medicaid, Medicare or Commercial health insurance products and financial drivers.
  • Advanced degree in Business and/or FSA/CPA.
  • Degree in Finance, Accounting, Actuarial Science, or similar disciplines.
  • Experience in Financial analysis, trends, projections, and analytics.
Education
  • Degree in Finance, Accounting, Actuarial Science, or similar disciplines.
  • Advanced degree in Business and/or FSA/CPA.
Pay Range

The typical pay range for this role is:

$100,000.00 - $231,540.00

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

We anticipate the application window for this opening will close on: 11/15/2024

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

Client-provided location(s): Tallahassee, FL, USA
Job ID: CVS-R0415653
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • HSA
    • HSA With Employer Contribution
    • Pet Insurance
    • Mental Health Benefits
  • Parental Benefits

    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
  • Financial and Retirement

    • 401(K) With Company Matching
  • Professional Development

    • Tuition Reimbursement
  • Diversity and Inclusion

    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program