At CVS Health, we're building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.As the nation's leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues - caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.Position Summary:
As an FP&A Senior Analyst, you will support the expense management within CVS Health's Digital Data Analytics and Technology (DDAT) Finance Organization, specifically for Pharmacy Services (PS). Reporting into the PS FP&A Senior Manager, you will be an integral 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.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
- Develop and maintain KPI performance tracking models for multi-year projects. Also, track, analyze, and report on the financial impact of current and proposed DDAT & business investments.
- 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
- Large company work experience
- 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
Bachelor's Degree required; equivalent years of related professional work experience may substitute. Anticipated Weekly Hours
40Time Type
Full timePay 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.Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.Great benefits for great peopleWe take pride in our comprehensive and competitive mix of pay and benefits - investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:
- Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
- No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
- Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.