Hartford, Connecticut

Job Description
Responsible to lead and drive financial best practices within functional area of responsibility. Accountable to define and lead the effective strategic direction of financial functions that supports the business units' financial plans and collaborate with senior leaders. Ensure effective support of financial closing, planning and forecasting processes to drive the quality and integrity of P&L/cost center owner level and/or legal entity reporting, membership and/or expense forecasts, product reporting and balance sheet reporting.Partner with market/function head to analyze and support full P&L responsibility (~$1B+ in revenue) to support the coordination and development of business unit financial plans and forecasting tools/processes.Drive results to identify emerging product/market trend vulnerabilities and opportunities through analysis; review all assigned markets, develop and implement action plans.Collaborate with senior leadership team on development and monitor implementation of major business unit action plans to seize competitive opportunities and/or respond to performance shortfalls/plan variances.Coordinate with other financial disciplines/functions in support of business transactions, e.g., provider arrangements, regulatory issues, analysis of legal entities, etc.Identify, recommend, monitor, and track effective medical cost analysis, product and risk alignment with business unit financial performance targets, through coordination with internal functions supporting the business, such as actuarial, medical directors, network management, underwriting, etc.Provide financial analysis and recommendations in support of management's evaluation of strategic and business initiatives, while monitoring and evaluating risk and delegation arrangements; recommend appropriate financial protections.Lead development and implementation of business unit performance measures and enhance processes that drive accountability measurements throughout the organization.Oversee and ensure compliance with all applicable reporting requirements and regulations to minimize enterprise exposure.May collaborate and respond to inquiries from external parties, such as state agencies, regulators, or auditors.

Required Qualifications
10+ years’ experience supporting a P&L required.10+ years’ experience in healthcare, managed care insurance, financial forecasting, financial analysis and reporting, expense management, and management of teams.15+ years financial management experience including strategic and business planning, accounting and financial analysis. Bachelor's Degree Required in Finance or Accounting related field.Advanced degree in Finance or Business, CPA, and/or FSA desired.

Preferred Qualifications
MBA

Education
Bachelor's degree

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. See Job Description

Hartford, Connecticut

Continue serving and work with a purpose

As a CVS Health colleague, you'll find career opportunities across the organization and at every stage of your career. More important, your work will have an impactful purpose on someone's life, including your own. Learn more about how you can continue serving on your next mission at CVS Health.

Careers for Veterans and Military Spouses

 

"The military has an ethos that is grounded in purpose-driven service that’s bigger than the individual. The same holds true for us at CVS Health. You can talk to colleagues in any part of our business and they will be able to articulate our company’s purpose. Working here provides an opportunity for service members and military spouses to continue to serve, just in a civvies."

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