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 Senior Financial Analyst position supports DDAT expense management within CVS Health's DDAT Finance Organization, specifically for Pharmacy Services (PS). The position is a member of the PS DDAT Finance team and will work cross-functionally with the Project Management Office (PMO), Fixed Assets, Corporate Capital FP&A, Procurement, Human Resources, and other Finance teams to successfully manage, plan, and report on PS DDAT expenses. This position reports to the PS FP&A Senior Manager.The Senior Financial Analyst's primary responsibilities include:
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• Performing month-end journal entries, variance analyses, and reporting for multiple areas within DDAT.
• Assist with the development of financial models and templates to upload the DDAT budget and forecast into multiple systems.
• Partnering with the PMO and cost center owners to ensure FTE rosters are accurately maintained.
• Performing monthly financial analyses based on KPIs to be reviewed and consolidated by the Sr. Manager of the PS IT FP&A team for inclusion in regular Senior Management meetings. Examples include volume vs rate variance analysis, risks and opportunity projections, development project capitalization trend analysis, and savings initiative performance tracking.
• Leveraging Clarity and Ariba procurement applications to review and provide timely feedback on external Labor Contracts / Statements of Work (SOWs). Requires review of available Labor Hours across the PS Portfolio in preparation for weekly review meetings with the PMO where you will provide approval or informed guidance.
• Assist with the management and maintenance of cost center internal resource rosters to develop accurate Labor reporting and facilitate FP&A budget and forecast updates. Includes tracking both administrative (Non-Time Entry roles) and technical positions (Time Entry roles).
• Coordinating and supporting frequent engagements with the Sr. Manager of PS FP&A, PMO and various direct reports of the Leadership team in support of building yearly budgets and quarterly forecasts assumptions.
• Assisting the PS FP&A Sr. Manager with any ad-hoc requests.Additionally, developing and maintaining KPI performance tracking models for multi-year projects. Tracks, analyzes, and reports on the financial impact of current and proposed DDAT & business investments.You will work directly with the Senior Manager of PS FP&A and the PMO to update timing of project expenses into the forecast, execute month-end close, and complete monthly variance analysis reporting. This position will support and work closely with HR, Fixed Assets Accounting, Finance, and multiple DDAT business partners to ensure accurate planning and reporting.
Required Qualifications
• 3 or more years of experience in an FP&A role
• 2 or more years performing actuals vs budget variance analysis
• 2 or more years of experience with Microsoft Excel
• 2 or more years of experience with Clarity PM and/or SAP ERP products
• Strong verbal and written communication skills
• Ability to work independently on ad-hoc assignments and projects
• Comfortable speaking to Senior Management Preferred Qualifications
• Experience with Clarity PM, Anaplan, Apptio, SAP Business Intelligence: S/4HANA, and Analytics for Excel
• Experience performing trend analysis for either business, IT, or digital projects
• Experience working in Finance or PMO department for a large healthcare, Insurance Provider, or a large public company
• Knowledge of Generally Accepted Accounting Principles
• Independent worker who can take direction and multitask under tight deadlines
• 1 or more years working closely with senior level leadership Education
- Bachelor's degree preferred or equal number of years of working experience considered.Pay Range
The typical pay range for this role is:$46,988.00 - $112,200.00This 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.
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 HealthWe anticipate the application window for this opening will close on: 02/07/2025Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.