Lead Director FP&A - Capital Planning

Company: CVS Pharmacy
Location: Hartford
Posted on: May 23, 2023

Job Description:

Search by job title, category, or Military MOS code Job ID: 2434277BR
Category:Accounting and FinanceAddress: 151 Farmington Ave Rogers Bldg
Location: Hartford, CTJob Description
The new Lead Director will be accountable for ensuring strategic alignment of capital requests with the enterprise business strategy by developing and leading a through capital review, analysis and governance process, working closely with the operational and reporting capital planning team members also reporting to the VP of Enterprise FP&A. The candidate will need to drive a disciplined and rigorous review of businesses' capital requests including conducting thorough analysis of business cases, performing independent vetting of opportunities, validating and measuring investment ROI, and conducting cross-enterprise investigation to identify opportunities to combine efforts in order to achieve economies of scale and better strategic integration of efforts. The candidate will support the Executive Director of Capital Planning in establishing, leading and supporting ongoing management of the newly formed Investment Council, a governance board comprising members of the ELT and other senior leaders within Finance who will review and measure investment initiatives on a regular cadence throughout the year to better determine opportunities to accelerate, reprioritize, adjust scope, and/or dismiss initiatives. As a result of those decisions, the Lead Director will then work to rebalance the capital portfolio as necessary and work with Treasury to ensure capital allocations appropriately reflect the decision-making.

1. Collaborate with business leaders to deeply understand business strategies and initiative-related needs in order to perform rigorous review of capital requests. Outcome of these reviews will ensure relevance to the enterprise strategy, effectively measure ROI, identify opportunities to align with similar initiatives elsewhere in the enterprise, ability to recommend capital prioritization and influence ELT decision-making.
2. Establish the Investment Committee process and lead ongoing support - a committee comprised of ELT and FLT members; Leadership includes agenda setting, meeting facilitation, a setting, follow up on key takeaways, ongoing correspondence with council and development of reports to be shared with ELT,FLT, BOD as appropriate and necessary.
3. Create and enhance use of accurate and actionable analytics to suggest business leadership decision-making. Provider senior leadership transparency and insights into portfolio.
4. Lead and develop team members, ensuring role clarity, clear accountabilities, and the creation of a high-performing, optimal working culture.Pay Range
The typical pay range for this role is:
Minimum: 100,000
Maximum: 227,000Please 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
10+ years of related work experience in Healthcare and managed care experience in addition to overall Finance management - budgets, forecasts, financial analysis and analytics.Preferred Qualifications
Master's degree degree
Insurance industry
Strategic planning and driving results
Project management
Negotiation skills
Strong executive presence skills
PBM experience helpfulEducation
Bachelor's Degree RequiredBusiness 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.
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Keywords: CVS Pharmacy, Hartford , Lead Director FP&A - Capital Planning, Executive , Hartford, Connecticut