Strategic Finance Manager 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
HealthcareIndustries

Requirements

  • 5+ years of management consulting, investment banking, or corporate finance experience
  • 5+ years of experience with Excel and PowerPoint
  • 3+ years financial scenario, ROI and/or M&A modeling experience
  • Bachelor's or equivalent work experience required
  • Willing to work East Coast hours

Responsibilities

  • Construct comprehensive financial models, investment analyses and business cases to support strategic decision making and growth initiatives
  • Evaluate growth & ROI opportunities, provide insights and present recommendations to finance leadership and/or business partners
  • Create and provide complex reporting, analysis, and assessments
  • Develop strong partnerships with teams across the organization to enhance cross-functional alignment and drive accountability
  • Support core financial planning and reporting activities
  • Support strategic planning and financial modeling, including planning & forecasting
  • Support key strategic initiatives and oversee activities that drive organizational growth

Skills

Key technologies and capabilities for this role

ExcelPowerPointfinancial modelingstrategic planningforecastingROI analysisM&A modelinginvestment analysisbusiness cases

Questions & Answers

Common questions about this position

What is the pay range for the Strategic Finance Manager role?

The typical pay range is $60,300.00 - $145,860.00, which represents the base annual full-time salary. The actual base salary will depend on factors like experience, education, and geography, and the position is eligible for a CVS Health bonus, commission, or short-term incentive program.

Is this a remote position, and what are the work hours requirements?

This role is work at home flexible, but candidates must be willing to work East Coast hours.

What are the required qualifications and skills for this role?

Required qualifications include 5+ years of management consulting, investment banking, or corporate finance experience, 5+ years with Excel and PowerPoint, and 3+ years of financial scenario, ROI, and/or M&A modeling experience. Preferred skills include advanced Excel modeling, excellent communication, thriving in ambiguity, and experience in healthcare or digital startups.

What is the work environment like at CVS Health for this role?

Success requires thriving in a fast-paced environment, leading change, and cultivating strong relationships across the enterprise.

What makes a strong candidate for the Strategic Finance Manager position?

Strong candidates will have 5+ years in management consulting, investment banking, or corporate finance, proven Excel and PowerPoint expertise, financial modeling experience, and preferably an advanced degree in Business, Finance, or Healthcare along with healthcare or digital startup background.

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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