Director Of Cost Management

CVS Health Hartford , CT 06183

Posted 2 months ago

Job Description:

CVS Health is currently looking for a multifaceted leader to join our Finance team! You will assist the Pharmacy Services Segment (PSS) in identifying, analyzing and reporting on drivers of cost across the organization to better understand the efficiency and effectiveness of our multi-billion dollar expense base.

You will be highly visible and will work directly with senior leaders of the PSS organization to help us achieve our long-term financial strategy. You will report to the Executive Director of Cost Management.

Key Responsibilities:

Lead work to develop a sustainable, repeatable methodology which will help to identify cost drivers, link cost drivers to productivity initiatives and development of reporting to track this detail.

Support the development, tracking and measurement of KPIs/metrics showing the efficiency and effectiveness of the PSS organization.

Provide evaluation and recommendations relating to business opportunities, investments or other activities to enhance the performance of the organization.

Develop financial models which analyze long-term and future performance of PSS cost structure.

Use lessons learned from cost driver identification to support identification and tracking and measurement of savings initiatives across the group, reporting them to corporate areas.

Lead financial analytics and management of other adhoc activities for PSS such as Real Estate, Market Adjustments, Cost per Unit, FTEs, etc.

Lead a team of both internal and external support.

Set strategic direction and manages the team with alignment to broader organizational goals.

Develop process transformation and improvement initiatives.

You will be eligible to Work from Home, but Hartford, CT, Woonsocket, RI, Chicago, IL, or Phoenix, AZ locations preferred as some travel to office may be required.

Required Qualifications

10 years finance experience or Master's Degree and 7 years finance experience.

3 years management and/or leadership experience.

Preferred Qualifications

Process management experience.

FPA experience.

Experience overseeing other management teams.

Experience in healthcare, retail and/or pharmacy benefits management.

Advanced degree in Business and/or FSA/CPA.

Experience with SAP S/4 HANA or Hyperion.

Bachelor's degree with focus in Finance or Accounting.

Education

Bachelor's degree required.

Business Overview

At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.

We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an equal opportunity and affirmative action employer.

We do not discriminate in recruiting, hiring or promotion based on race, ethnicity, sex/gender, sexual orientation, gender identity or expression, age, disability or protected veteran status or on any other basis or characteristic prohibited by applicable federal, state, or local law. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.



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Director Of Cost Management

CVS Health