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Position Summary

The Sr. Manager, FP&A will help in achieving the financial and strategic goals for Medicaid Illinois plan (Aetna Better Health Of IL) by identifying business actions and supporting the planning and forecasting processes.  Ensure the accuracy, quality and integrity of income statement, membership, revenue and expense forecasts and reporting.  You will report to the Lead Director of Finance.

Fundamental Components:

• Lead membership, revenue and G&A Budgeting, Forecasting, Month and Year end reporting processes for ABHIL Plan. (430K Members, $3.6B in revenue, $3.1B in medical expense and 7.3M processed number of claims).
• Collaborate with key business partners including Accounting, Actuarial, Operations, Clinical, Marketing, and Medical Economics to execute on growth and cost saving initiatives.
• Finance lead for assigned projects (i.e., BEP, Shared Service Vendors, Redetermination, Revenue Reconciliation).
• Contribute to the development and implementation of State reporting
• Strategic Partner for internal stakeholders related to Membership Redetermination and Revenue reconciliation to improve underlying performance.
• Contribute to the development and implementation of processes for achieving business goals.
• Identify and analyze emerging product/market trend vulnerabilities and opportunities and provide remediation/action plans.
• Demonstrate urgency and ability to hold themselves and others accountable for their respective areas of responsibility.
• Ad hoc Reporting and Analysis.
• Develop and mentor a financial analyst.

Required Qualifications:

• 7+ years of Financial planning and analysis experience
• Key financial metrics
• Financial management experience including strategic and business planning, accounting, and financial analysis
• Proficient in Excel

Preferred Qualification:

• Drive strategic business discussions with senior leadership team
• Influence people across the enterprise and execute strategic planning
• Resolve problems and influence decision
• Medicaid/Insurance Industry
• Ability to effectively communicate across various organizations and leadership level

Education:

Bachelor's Degree or equal years of relevant work experience

Pay Range

The typical pay range for this role is:

$82,940.00 - $182,549.40

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 Benefits | CVS Health

We anticipate the application window for this opening will close on: 11/06/2024

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