About the Job
Job Title
This role supports three MMP PLans, with contributions toward quarterly forecasting, annual Budget planning, and state-level Medicaid financial operations. This includes supporting membership, revenue and medical expense forecasts, in addition to state-level and product-level reporting. Operating with oversight from the Mgr, MMP Finance, this role requires financial modeling and an understanding of operational finance, as this role will support both forecasting and state reporting. Financial acumen, a customer service mindset and ability to partner with the business and actuarial teams is important.
Key areas of ownership include:
- Contribute to Medicaid state reporting, including monthly/quarterly/annual reporting and encounter reporting reconciliation to financial statements
- Support annual budgeting and forecast processes, articulate changes in forecast and explain variances of complex products
- Work with Medicare SG&A team to project operating costs
- Collaborate with cross functional teams on operational issues under the direction of Mgr FP&A
Pay Range
The typical pay range for this role is:
Minimum: 43,700
Maximum: 100,000
Please keep in mind that this range represents the pay range for all positions in the job grade within which this position falls. The actual salary offer will take into account a wide range of factors, including location.
Required Qualifications
- 3+ years of financial analysis experience
- 3+ years of Microsoft Excel experience; specifically Vlook up, pivot tables, and complex formulas
Preferred Qualifications
Healthcare/Health insurance experience
Government Healthcare/Health insurance industry experience (Medicare or Medicaid)
Understanding of GAAP accounting principles
SAP S4/Hana experience
Strong communication and interpersonal skills
Analytical skills, ability to manipulate and synthesize large data sets into actionable outcomes
Strong storyteller, able to communicate financial concepts to non-financial audiences
Oracle
Regulatory reporting
FP&A
Education
Bachelors degree or equivalent experience required
Bachelors degree in Finance, Accounting, or equivalent field preferred
Business Overview
Bring your heart to CVS Health Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand - with heart at its center - our purpose sends a personal message that how we deliver our services is just as important as what we deliver. Our Heart At Work Behaviors support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable. We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an affirmative action employer, and is an equal opportunity employer, as are the physician-owned businesses for which CVS Health provides management services. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected 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.