FP&A Analyst at CVS Health

Oklahoma City, Oklahoma, United States

CVS Health Logo
$43,888 – $76,500Compensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Medicaid, Health InsuranceIndustries

Requirements

  • 1+ years of experience in an accounting or finance role
  • 1+ years of experience with Microsoft Excel
  • 1+ years of experience with Generally Accepted Accounting Principles (can be through education)
  • Bachelor’s degree required or equivalent experience (Bachelor’s degree in Finance, Accounting, or Mathematics preferred)

Responsibilities

  • Supporting the accounting month end close process
  • Payment processing and reconciliation
  • Preparing both internal CVS Health and external State financial reporting
  • Assisting the Health Plan with development of the budget and forecast
  • Performing financial analysis in support of business initiatives

Skills

Key technologies and capabilities for this role

ExcelGAAPFinancial ReportingBudgetingForecastingMonth End ClosePayment ProcessingReconciliationHyperionOracleAriba

Questions & Answers

Common questions about this position

What is the pay range for the FP&A Analyst position?

The typical pay range is $43,888.00 - $76,500.00, representing the base annual full-time salary. The actual offer depends on experience, education, geography, and other factors, and it's eligible for a CVS Health bonus, commission, or short-term incentive program.

What benefits are offered for this role?

Benefits include affordable medical plan options, a 401(k) plan with matching company contributions, and support for physical, emotional, and financial wellness.

What are the required qualifications for this position?

Candidates need 1+ years of experience in an accounting or finance role, 1+ years with Microsoft Excel, and 1+ years of experience with Generally Accepted Accounting Principles (which can be through education), plus a Bachelor’s degree or equivalent experience.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What makes a strong candidate for this FP&A Analyst role?

A strong candidate has a Bachelor’s degree in Finance, Accounting, or Mathematics, experience with Hyperion, Oracle, or Ariba, knowledge of health insurance terminology, experience at a large public company, and the ability to multitask independently under tight deadlines while communicating with senior leadership.

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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