Manager, Financial Planning & Analysis (IC)

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

The Manager, Financial Planning and Analysis (IC) analyzes profit-and-loss income statements and prepares reports and budget/forecast variance explanations to management. Generates forecasts and analyzes trends in sales, finance, and other areas of business, including understanding volume and rate drivers. Researches economic progressions to assist the organization's financial planning. The Manager also creates financial models of "what if" scenarios for future business planning decisions in areas such as new product development and new marketing strategies.

What you will do:

-Collaborates with other departments to understand their financial needs, gather relevant data, and assist in the creation of financial plans.

-Facilitates complex financial analysis to support decision-making and provide insights to senior management, examining financial data, identifying trends, evaluating financial performance, and preparing reports to communicate findings.

-Analyzes variances between actual performance and budget/forecast, assessing the financial impact of different initiatives, and recommending appropriate actions.

-Performs financial modeling and ad-hoc analysis under minimal supervision.

-Prepares monthly and quarterly reporting packages and formal business reviews, and participates in leadership presentations.

-Communicates financial summaries and complex dashboard information to management, executives, and stakeholders.

-Collaborates internally and externally with treasury, business strategy, investor relations, and enterprise financial planning and analysis (FP&A) in support of various financial initiatives.

-Identifies and improves financial planning and analysis (FP&A) inefficiencies, implements automation or standardization initiatives, and enhances the accuracy and timeliness of financial reporting.

-Interviews, selects, and develops staff using a supportive and collaborative approach on a consistent basis.

In order to be successful in this role you must exhibit the following:

Adept at problem solving and decision making skills

Adept at collaboration and teamwork

Adept at growth mindset (agility and developing yourself and others) skills

Adept at execution and delivery (planning, delivering, and supporting) skills

Required Qualifications

5+ years of Budgeting, Forecasting and Financial Analysis experience

5+ years of extensive knowledge of Excel and PowerPoint skills

Preferred Qualifications
-Strong analytic skills

-Advanced Excel

-Strong communication skills to collaborate with client and finance leadership
Education
Bachelor's Degree in Accounting or Finance required or equivalent years of related experience.

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$54,300.00 - $145,860.00

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. 
 

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 people

We 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.

For more information, visit https://jobs.cvshealth.com/us/en/benefits

We anticipate the application window for this opening will close on: 03/28/2025

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