Full-Time

Executive Director

Regional CFO, Aetna IFP Finance

Posted on 11/27/2024

CVS Pharmacy

CVS Pharmacy

10,001+ employees

Retail pharmacy and healthcare services provider

Healthcare
Consumer Goods

Compensation Overview

$131.5k - $303.2kAnnually

+ Bonus + Commission + Equity Award Program

Senior, Expert

Company Historically Provides H1B Sponsorship

Hartford, CT, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Management
Requirements
  • 15+ years of relevant financial experience
  • Track record that shows the ability to build sound financial practices in a cross functional environment
  • Advanced technical financial reporting skills
  • Ability to design action driven financial reporting
  • Analytical capability to identify issues and develop creative solutions
  • Prior Management experience developing and training of staff
  • Communicate clearly and present appropriate level of information to senior leaders
  • Professional and executive presence
  • Setting strategy and driving results
  • Bachelor’s Degree in finance, actuarial science accounting, or related field
Responsibilities
  • Build a regional finance team focused on financial results by geography
  • Provide financial reporting, partner with the regional business leads to develop membership forecasting
  • Partner with the actuarial team for pricing needed
  • Provide the strategic levers that need to be executed to meet the financial commitments of the IFP business
  • Responsible for large claim performance, and understanding the financial performance of our capitated arrangements
  • Provide strategic leadership and oversight for financial planning and analysis functions
  • Communicates strategic financial analysis and insights to support decision-making at the executive level
  • Administers in-depth financial analysis, including variance analysis, trend analysis, and profitability analysis to identify areas of improvement
  • Communicates with management to support strategic planning initiatives by providing financial insights, guidance, and recommendations to drive business performance and achieve financial goals
  • Contributes to streamlining financial planning and analysis processes, enhancing data accuracy, and improving efficiency
  • Ability to work collaboratively in a highly matrixed environment and build partnerships with key constituents of varying professional levels

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, beauty items, and general merchandise. CVS Health also functions as a pharmacy benefits manager, serving over 75 million plan members, and has a senior pharmacy care business that assists more than one million patients each year. This integrated model allows CVS Health to deliver affordable health management solutions, improving access to quality care and health outcomes while aiming to reduce overall healthcare costs. Unlike many competitors, CVS Health combines retail pharmacy services with clinical care and pharmacy benefits management, positioning itself as a significant player in the healthcare sector with a commitment to enhancing people's health.

Company Stage

Debt Financing

Total Funding

N/A

Headquarters

Woonsocket, Rhode Island

Founded

N/A

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-2%
Simplify Jobs

Simplify's Take

What believers are saying

  • The availability of updated flu and COVID-19 vaccines at CVS Pharmacy and MinuteClinic locations nationwide positions the company as a key player in public health initiatives.
  • The Health Zones funding and collaboration with local organizations in Fresno highlight CVS Pharmacy's role in improving community health outcomes.
  • The introduction of a new store brand for snacks, beverages, and groceries could attract a broader customer base and increase in-store sales.

What critics are saying

  • The competitive landscape in the retail pharmacy sector is intense, with major players like Walgreens and Rite Aid posing significant challenges.
  • The expansion into grocery and snack products may dilute CVS Pharmacy's brand identity as a healthcare provider.

What makes CVS Pharmacy unique

  • CVS Pharmacy's integration of digital tools for scheduling vaccinations and accepting walk-ins offers a seamless and convenient experience for customers, setting it apart from competitors.
  • The company's Health Zones initiative, which focuses on community health and access to healthy food, demonstrates a commitment to social responsibility that goes beyond traditional pharmacy services.
  • CVS Pharmacy's recent launch of a new store brand for snacks, beverages, and groceries diversifies its product offerings, making it a one-stop shop for consumers.

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