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.

Position Summary
As a Sr Manager, Infrastructure Financial Operations at CVS Health, you will play a crucial role overseeing and optimizing the technology investments and financial performance of our organization. You will be responsible for analyzing, monitoring, and optimizing contract related data, providing insights and value realization across our technology portfolio.

Responsibilities:

• Contract Analysis: Evaluate and dissect financial aspects of contracts, including insights into technology investments, expenditures, and ROI.
• Benchmarking: contracts against industry standards, ensuring optimal financial terms and compliance
• Financial Modeling: Develop and maintain complex financial models to forecast contract performance, impact to budget and support business decision making
• Variance Analysis: Identify and analyze variance between contract financials and budgeted/forecasted figures
• Risk Assessment: Assess contract risks and propose strategies to mitigate financial exposure
• Financial Reporting: Prepare comprehensive reports and presentations on contract financial performance for senior leaders
• Collaboration: Work closely with sourcing, finance, and operation teams to ensure financial terms of contracts align with company objectives
• Process improvement: Continually seek opportunities to enhance contract financial processes and efficiency
• Compliance: Ensure compliance with accounting standards in contract financials
• Communicate IT costs and value to stakeholders, enabling informed decision making
• Drive awareness and understanding of IT financial management across the organization

Required Qualifications

• 7+ years experience in a financial management role, preferably supporting a technology intensive organization
• Strong financial analysis and budget management skills
• Excellent analytical and problem solving abilities
• Strong leadership, communication, and stakeholder management skills

Preferred Qualifications

• Knowledge of technology business management frameworks, methodologies, and best practices
• Familiarity with IT governance, project management and portfolio management principles
• Relevant certifications (e.g. TBM, ITIL)

Education

• Bachelor’s degree or, equivalent experience (HS diploma + 4 years relevant experience)

Pay Range

The typical pay range for this role is:

$79,200.00 - $174,200.00

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. 
 
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities.  The Company offers a full range of medical, dental, and vision benefits.  Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees.  The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners.  As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies. 
 
For more detailed information on available benefits, please visit jobs.CVSHealth.com/benefits

We anticipate the application window for this opening will close on: 08/25/2024