Job Description Fortune 4 CVS Health has an exciting opportunity for a Finance Director to join our Caremark (Pharmacy Services Segment) Finance team. As the Finance Director Caremark Customer Verticals you will improve financial results within the Employer or Health Plan Business Divisions. You will be responsible for leading a team that support needs related to understanding client profitability at both an individual client level (by line of business, where appropriate) and aggregations of clients as necessary. Activities the role will participate in, among other things include: validating budget/forecast assumptions, understanding drivers of variances to budgets, participation in new business and renewal pricing decisions, working to improve client based financial outcomes, actual and budget reporting, sign off on cash disbursements to clients (guaranty payments, rebate payments, other client obligations).
You will use experience with employers, coalitions, government entities, plan sponsors, or health plans that are highly custom in their approach to pharmacy benefit services â“ complex pricing arrangements, custom formularies, clinical programs, channel solutions, and integrated benefit designs. You will interface with key internal partners such as Sales and Account Management, Trade, Retail Networks, Specialty, IT and Product Development. You will interact with internal teams to develop a deep understanding of their business and goals and to assist with up selling our products and solutions that align with their strategy and that increase individual client and portfolio revenue and profitability.
In addition, these teams will support, client profit improvement initiatives and targets, monthly dashboards and performance tracking, Underwriting support, and variance ad-hoc analysis to help Sr. leaders make better, more informed decisions to drive profitability and growth.
The overall goal is to support and empower Sr. Sales and Finance leaders with tools and knowledge that will allow them to run and grow the business, respond to unexpected financial impacts as it evolves and becomes increasingly more complicated.
You will have direct responsibility to hire and train a staff of talented senior financial advisors that will support various leadership within their respective division.
The successful candidate will have the following abilities:
â¢ Developing and executing strategic business plans â¢ Working successfully in a cross-matrix environment â¢ Adapting and performing in a dynamic and changing environment â¢ Developing and leveraging a comprehensive understanding of CVS Caremarkâ™s enterprise assets
Required Qualifications â¢ Minimum 10 years of finance experience with strong knowledge of PBM and/or healthcare financial profitability drivers.
COVID Requirements CVS Health requires its Colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, or religious belief that prevents them from being vaccinated.
If you are vaccinated, you are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status within the first 10 days of your employment. For the two COVID-19 shot regimen, you will be required to provide proof of your second COVID-19 shot within the first 45 days of your employment. In some states and roles, you may be required to provide proof of full vaccination before you can begin to actively work. Failure to provide timely proof of your COVID-19 vaccination status will result in the termination of your employment with CVS Health.
If you are unable to be fully vaccinated due to disability, medical condition, or religious belief, you will be required to apply for a reasonable accommodation within the first 10 days of your employment in order to remain employed with CVS Health. As a part of this process, you will be required to provide information or documentation about the reason you cannot be vaccinated. In some states and roles, you may be required to have an approved reasonable accommodation before you can begin to actively work. If your request for an accommodation is not approved, then your employment may be terminated.
â¢ Ability to work effectively across organizational lines
â¢ Proficient with Microsoft Office Products including Outlook, Word, PowerPoint, and Excel
â¢ Demonstrated ability to develop solutions to aid in improving financial outcomes for customers and books of business
â¢ Expert knowledge of internal underwriting, analytic and pricing models to analyze, review and approve client financial offerings that maintain the highest levels of accuracy in forecasting
â¢ Proven track record of building and leading high-performing teams of knowledge-based employees with the necessary business acumen, clinical knowledge and technical skills to contribute to the goals of the business unit
Education â¢ Bachelor's degree preferably in Finance or Accounting
Business Overview At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.
We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring or promotion based on race, ethnicity, sex/gender, sexual orientation, gender identity or expression, age, disability or protected veteran status or on any other basis or characteristic prohibited by applicable federal, state, or local law. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.
Combining CVS Health and Aetna was a transformative moment for our company and our industry, establishing CVS Health as the nation’s premier health innovation company. Through our health services, insurance plans and community pharmacists, we’re pioneering a bold new approach to total health. As a CVS Health colleague, you’ll be at the center of it all.
At CVS Health, we work every day to help people on their path to better health. Never has it been more important for us to deliver on our purpose to our valued customers, patients, members, and employees. With a presence in communities across the country, CVS Health colleagues are and will continue to be a critical piece of the country’s health care solution. The health and safety of our employees, patients, customers, and members is our top priority as we face the impact of COVID-19 together. If you would like to learn about the actions we are taking as a company as we learn more about COVID-19 and its spread, we encourage you to visit our COVID-19 resource center at https://cvshealth.com/covid-19
We offer a diverse work experience that empowers colleagues for career success. In addition to skill and experience, we also seek to... attract and retain colleagues whose beliefs and behaviors are in alignment with our core values of collaboration, innovation, caring, integrity and accountability.
CVS Health is an equal opportunity/affirmative action employer. Gender/Ethnicity/Disability/Protected Veteran – we highly value and are committed to all forms of diversity in the workplace. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities. We comply with the laws and regulations set forth in the following EEO is the Law Poster: EEO IS THE LAW and EEO IS THE LAW SUPPLEMENT. Please note that we only accept applications for employment via this site.
We provide reasonable accommodations to qualified individuals with disabilities. If you need to request an accommodation, a qualified interpreter, written information in other formats, translation or other services, please contact our Advice and Counsel Reasonable Accommodations team by emailing Advice and Counsel Reasonable Accommodations team or calling 877-805-9511.
If technical issues are preventing you from applying to a position, contact Kenexa Helpdesk at 1-855-338-5609 or [email protected] For technical issues with the Virtual Job Tryout, contact the Modern Hire Help Desk at 1-877-451-1695 or [email protected]