Finance Director - Pharmacy Services Segment (PSS)

in Hartford, CT

Finance Director - Pharmacy Services Segment (PSS) Job

Job Description Job Attributes+

  • Job ID

    977545

  • Req #

    1366743BR

  • Job Location

    151 Farmington Ave
    Hartford, CT 06156, US

  • Job Category

    Management

  • Job Type

    Full Time

Job Description
Would you like to join Fortune 5 CVS Health by becoming a key member of our Finance Team? We have an exciting, highly visible and critical role within the CVS Caremark Pharmacy Services Segment (PSS) that will be responsible for driving a clear understanding of business service cost drivers within the PSS!

The Ideal candidate will:

- Set strategic direction and develops the team with alignment to broader organizational goals
- Develop process transformation and improvement initiatives
- Cultivate various customer relationships

Responsibilities include:

- Leading decision making matters that impact financial reporting for the Cost of Service (COS) and Selling, General & Administrative (SGA) organizations which include identifying cost drivers, linking of cost drivers to productivity initiatives and developing reporting to track all of this detail.
- Developing and implementing a process to promote a clear understanding of the Pharmacy Services Segment’s $5B+ variable, semi-variable and fixed costs
- Leading all aspects of the management and implementation of a cost allocation tool to drive understanding and accountability of $5B+ of cost to the lowest levels of the organization. Identifying, establishing and tracking of 40+ cost pools to assist in this allocation process
- Serving as the key decision maker with respect to the development of a cost allocation tool providing guidance, updating policies, setting priorities and leading resources.
- Developing and leading a process between Underwriting, Finance and Product to ensure Admin, Sales and other SGA costs are priced into products appropriately. Identifying accurate fixed vs. variable cost reporting, identifying administrative fees and building the links between these three organizations to ensure proper pricing
- Working cross functionally and with Senior Leadership to ensure meaningful allocations of cost to the right product lines, channels and verticals
- Preparing and presenting materials to Executive Committees, Steering Committees and other senior leadership groups

Required Qualifications
- 8+ years corporate accounting/financial experience

- 5+ years experience in healthcare, managed care, insurance or financial services industries

-2+ years experience in either capital processes, allocations or initiative tracking

Preferred Qualifications
- Bachelor's degree specifically in Finance or Accounting
- Prior management experience overseeing other teams

Education
Bachelor's Degree

Additional Information

Who We Are

We’re a values-based organization focused on helping people on their path to better health. Here, you’ll work alongside former members of the military and current reservists and members of the National Guard. Bring your unique skills to our industry, and we look forward to helping you grow your career.

We offer opportunities at all levels for U.S. Veterans and will enforce the Uniformed Service Employment and Reemployment Rights Act (USERRA).

Also, if you’re a Reservist member of the National Guard, be assured that you’ll have a job at CVS Health when you return from deployment. And, even though your civilian job may differ from your military job, we have many opportunities that may be right for you.

We recognize the value of military spouses bring to our company and continue to look for ways to help you find employment.

Explore our career areas and learn more about continuing your mission to help others.

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