Senior Financial Analyst 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 Benefits ManagementIndustries

Requirements

  • Bachelor’s Degree, preferably in Finance, Accounting, Business, or other quantitatively oriented fields from an accredited four-year college or university
  • 2+ years of experience working in finance, preferably in an FP&A function
  • 2+ years of experience with Excel
  • 2+ years of financial modeling experience

Responsibilities

  • Conducting variance analysis to support the improvement efforts of the team’s budgeting & forecasting processes
  • Working with analysts to support these efforts within the Network team
  • Providing analysis & valuation of changes that affect the team’s P&L
  • Supporting executive management with the data necessary to make critical business decisions
  • Working cross-functionally with the finance & technology teams to help support modeling efforts
  • Maintaining ad hoc requests and projects

Skills

Key technologies and capabilities for this role

ExcelFinancial ModelingVariance AnalysisBudgetingForecastingFP&AP&L Analysis

Questions & Answers

Common questions about this position

What is the pay range for the Senior Financial Analyst position?

The typical pay range is $46,988.00 - $112,200.00, depending on factors like experience, education, and geography. This position is also eligible for a CVS Health bonus, commission, or short-term incentive program.

Is this Senior Financial Analyst role remote or hybrid?

The position is open to remote and hybrid employees. The team is based in Northbrook, IL, and generally in office one day a week for those within commuting distance, but it is not a requirement.

What are the required qualifications for this role?

Candidates need 2+ years of experience in finance (preferably FP&A), 2+ years with Excel, and 2+ years of financial modeling experience. A Bachelor’s Degree in Finance, Accounting, Business, or a quantitatively oriented field is required.

What does the team culture look like at CVS Health for this role?

The company emphasizes dedicated colleagues passionate about transforming health care, with teams reflecting customers, patients, and communities. It highlights a purpose-driven environment with over 300,000 colleagues focused on connected, convenient, and compassionate care.

What makes a strong candidate for the Senior Financial Analyst position?

Strong candidates have the required 2+ years in finance, Excel, and modeling, plus preferred experience in variance analysis, FP&A (budgeting, forecasting), healthcare, and tools like Tableau, SQL, SAP. Excellent communication skills and a relevant Bachelor’s degree also stand out.

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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