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CVS Health
Cumberland, Rhode Island, United States
(on-site)
Posted
1 day ago
CVS Health
Cumberland, Rhode Island, United States
(on-site)
Job Type
Full-Time
Job Function
Other
Executive Director, Retail Pharmacy FP&A
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Executive Director, Retail Pharmacy FP&A
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
We're building a world of health around every individual - shaping a more connected, convenient and compassionate health experience. At CVS Health®, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger - helping to simplify health care one person, one family and one community at a time.Position Summary
Reporting to the VP, Finance, Pharmacy FP&A, this role will be responsible for leading a small team to provide financial and strategic support for CVS Retail Pharmacy.
The role is responsible for partnering both within Finance and with teams within Retail Pharmacy to drive improvement in FP&A processes supporting Retail Pharmacy. Additionally the role partners with Retail Payer Relations to ensure appropriate financial controls for PBM/Payer deals being negotiated and accurate reflection of those contracts in financial Budget, Forecast, and Actual results.
The role directly interfaces with multiple SVPs and VPs throughout the Retail business as well as the CFO of the Pharmacy & Consumer Wellness segment.
The role has ownership and is accountable for certain financial reporting, planning, and analysis of the Retail Pharmacy business.
Major Responsibilities
- Identify areas of improvement in FP&A processes supporting Retail Pharmacy. Develop solutions and lead projects to implement process or system enhancements.
- Support payer relations underwriting and negotiating team as cost of goods sold expert.
- Develop and maintain control functions for the CVS CostVantage generic cost file (GCF) to ensure accuracy of published quarterly files to be distributed to contracted payers. Own the attestation process with the third-party vendor playing a critical role between the business and vendor ensuring timely completion of the quarterly attestation.
- Partner with leaders across Retail Pharmacy on business initiatives or strategic projects, acting as a financial partner to evaluate their financial impact. Examples include store formats, product sourcing channel optimization, assessment of regulatory changes, etc.
- Support core FP&A processes for Retail Pharmacy gross margin. Examples include sizing variance drivers of actual results, identifying key variables in margin forecast/budget.
Required Qualifications
- 15 years of progressive finance experience, preferably in the pharmaceutical industry.
- Strong analytical knowledge base and financial acumen, with proven ability to vision, strategize, and develop actionable tactics against key facts and data insights.
- Excellent organizational and time management skills with an ability to successfully balance business priorities and maintain a sense of urgency.
- Ability to problem solve, identify, and remove roadblocks, triage, and prioritize issues.
- Strong working knowledge of Microsoft applications, including Excel, Word, and PowerPoint.
Preferred Qualifications
- Strong analytical skills. Ability and willingness to dig deep into work product to assess areas for improvement and identify areas of weakness/opportunity ; understands what the data are telling and is able to explain it to stakeholders
- Deep understanding of the pharmacy economics and key levers that drive profitability in retail pharmacy and other CVS Health Segments; understands the links and connections between functional areas and business units and applies that knowledge to drive solutions
- Makes Sound Business Decisions: Collaborates with others (other finance teams, 3rd party payor relations, trade, government relations and legal) to make timely, well informed decisions; asks the right questions to get to root cause and drive toward impactful solutions
- Applies a Growth Mindset: Seeks information and perspectives and shares knowledge of the business to enable self and others to see risks and opportunities more clearly; feels accountable to get to the right information and answers for CVS Health; respectfully pushes boundaries and creates tensions to produce the best outcomes
- Impacts and Influences others - actively develops open and trusted relationships with others whose input and partnership is critical to achieving targeted outcomes; able to understand the stated / unstated concerns of key stakeholders and respond in kind; able to bring leadership teams to common understanding and highlight key decision points
Education
Bachelor's Degree Required
Masters/Advanced Degree Preferred
Pay Range
The typical pay range for this role is:
$131,500.00 - $303,195.00
This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company's equity award program.
Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.
Great benefits for great people
We take pride in our comprehensive and competitive mix of pay and benefits - investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:
- Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
- No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
- Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.
For more information, visit https://jobs.cvshealth.com/us/en/benefits
We anticipate the application window for this opening will close on: 03/20/2026
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
Job ID: 82618749
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