Finance Manager - Client support and Reporting at CVS Health

Northbrook, Illinois, United States

CVS Health Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Pharmacy Benefit ManagementIndustries

Requirements

  • 5+ years of experience in business, finance, or accounting
  • 3+ years of experience with advanced Microsoft Excel and PowerPoint
  • Bachelor’s degree or equivalent experience required, preferably in Business, Finance, or Accounting

Responsibilities

  • Review client-level contractual terms to apply inputs to financial reporting requirements
  • Ensure accurate documentation and compliance with internal policies
  • Conduct detailed financial analysis including variance, trend, and profitability assessments
  • Manage a subgroup of client pricing strategies within the broader team portfolio
  • Monitor guarantee performance and identify financial risks or deviations
  • Identify opportunities to streamline financial processes, improve efficiency, and enhance data accuracy
  • Implement changes to optimize team performance, workflows, and reporting tools
  • Collaborate with internal teams including Sales, Legal, FP&A, and Operations to execute deliverables
  • Assist in various department projects aligned with team goals
  • Effectively communicate results, insights, and recommendations to leadership
  • Contribute to presentations and strategic discussions

Skills

Key technologies and capabilities for this role

Financial AnalysisContractual AnalysisVariance AnalysisTrend AnalysisProfitability AnalysisPricing StrategiesFinancial ReportingProcess OptimizationData AccuracyCross-Functional CollaborationFP&A

Questions & Answers

Common questions about this position

What is the pay range for the Finance Manager role?

The typical pay range for this role is $60,300.00 - $145,860.00, representing the base hourly rate or base annual full-time salary.

Is this Finance Manager position remote?

This role is work at home flexible.

What are the required qualifications for this position?

Candidates need 5+ years of experience in business, finance, or accounting, and 3+ years of experience with advanced Microsoft Excel and PowerPoint. A Bachelor’s degree or equivalent experience is required, preferably in Business, Finance, or Accounting.

What is the work environment like on the Custom Guarantee Management team?

This role offers the opportunity to join a collaborative, high-performing team within PBM Finance and Rebates Operations at CVS Health.

What makes a strong candidate for this Finance Manager role?

Strong candidates will have strong analytical skills, attention to detail, a proactive mindset, experience with large data sets, problem-solving skills, and excellent communication abilities, along with preferred experience in healthcare or PBM.

CVS Health

Comprehensive pharmacy and healthcare services

About CVS Health

CVS Health operates a large network of retail pharmacies and walk-in medical clinics across the United States, providing a variety of health-related products and services. Their offerings include prescription medications, over-the-counter health products, and beauty items, as well as pharmacy benefits management and specialty pharmacy services. CVS Health's integrated business model allows them to serve individual consumers, businesses, and communities effectively, with a focus on improving health outcomes and reducing healthcare costs. Unlike many competitors, CVS Health combines pharmacy services with medical care, making it easier for patients to access quality healthcare. The company's goal is to enhance access to healthcare and support individuals in achieving better health.

Woonsocket, Rhode IslandHeadquarters
1963Year Founded
DEBTCompany Stage
Healthcare, Consumer GoodsIndustries
10,001+Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
Company Equity
Wellness Program
Professional Development Budget
Paid Vacation
Paid Holidays

Risks

Legal challenges related to opioid prescriptions could harm CVS's reputation and finances.
The DOJ's intervention in a whistleblower lawsuit may increase legal costs for CVS.
The Horizon Organic Milk recall exposes potential vulnerabilities in CVS's supply chain.

Differentiation

CVS Health operates over 9,600 retail pharmacies and 1,100 walk-in clinics nationwide.
The company integrates pharmacy benefits management with specialty pharmacy services for comprehensive care.
CVS Health offers tailored medication plans through personalized medicine and pharmacogenomics.

Upsides

Expansion of telehealth services allows CVS to reach more patients remotely.
Increased consumer interest in wellness boosts demand for CVS's health-related products.
The trend towards value-based care aligns with CVS's integrated healthcare approach.

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