Executive Director, Strategic Finance & FP&A - Pharmacy Services

Overview

CVS Health values collaborative, compassionate care. CVS Caremark, a leading pharmacy benefit management (PBM) company, seeks a highly visible and strategic Executive Director to oversee a business unit P&L. This role collaborates with cross-functional teams to optimize rebate structures, enhance profitability, and ensure accurate financial reporting. The ideal candidate will have strong analytical skills, a deep understanding of our network and pricing arrangements with clients and pharmacies, and the ability to communicate complex financial concepts to stakeholders at all levels. The role is crucial for budgeting and forecasting, aligning metrics to track financial health, and supporting executive leadership in investment and budget needs. The Executive Director will set strategic direction, drive financial planning excellence, and ensure alignment with enterprise goals, leading a high-performing team and influencing enterprise-wide decisions.

Responsibilities

• Strategic Leadership
  • Lead the FP&A function, ensuring alignment with the organization's overall business strategy.
  • Develop and implement financial planning methodologies that support long-term growth and operational excellence.
  • Define and drive organizational policies, goals, and objectives based on industry best practices.
  • Interpret complex financial data into clear, actionable insights
  • Align financial plans with strategy and market dynamics
  • Anticipate risks and opportunities, providing recommendations ahead of the curve
• Financial Planning & Reporting
  • Oversee the annual budgeting process, forecasting cycles, and financial modeling.
  • Ensure accurate and timely financial reporting in compliance with regulatory standards.
  • Establish and monitor KPIs and revenue activity trends to identify opportunities and performance gaps.
• Business Partnership
  • Serve as a strategic advisor to senior leadership, providing insights and recommendations based on financial analysis.
  • Collaborate cross-functionally to support decision-making and drive business outcomes.
• Operational Excellence
  • Champion the transformation of data and infrastructure to enhance risk management and external reporting.
  • Leverage innovative technologies to improve productivity, service delivery, and colleague experience.
• Leadership and Talent Development
  • Foster a culture of engagement, growth, and mobility through training, career planning, and succession management.
  • Manage team performance through continuous feedback and formal review processes.
  • Strong communication and storytelling skills – making finance relatable to non-financial leaders.

Organizational Impact

• Influences development strategies and decisions that impact business unit or enterprise results.
• Leads initiatives that drive financial performance and operational efficiency across the organization.
• Builds and develops high-performing teams through coaching, mentorship, and strategic talent planning.

Required Qualifications

• 15+ years of progressive experience in financial planning & analysis (FP&A), corporate finance, or related fields.
• Proven leadership experience managing high-performing teams and driving strategic initiatives.
• Strong analytical and problem-solving skills, with the ability to interpret complex financial data and translate it into actionable insights.
• Expertise in budgeting, forecasting, and financial modeling within a large, matrixed organization.
• Demonstrated ability to influence senior leadership and collaborate cross-functionally.
• Excellent communication and storytelling skills, especially in making financial concepts relatable to non-financial stakeholders.
• Experience managing P&L and driving profitability through strategic financial planning.

Preferred Qualifications

• Experience in the healthcare or PBM industry, particularly with network and pricing arrangements.
• Familiarity with rebate structures and external reporting requirements.
• Knowledge of innovative financial technologies and data infrastructure transformation.
• Experience with enterprise-wide strategic planning and investment decision support.

Education

• Bachelor's degree required in Finance, Accounting, Economics, Business Administration, or a related field.
• MBA or advanced degree preferred, especially with a focus in Finance, Strategy, or Healthcare Administration.

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.

Additional Information

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.

Benefits

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

We anticipate the application window for this opening will close on: 10/21/2025

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.