Senior Manager, Pharmacy Reimbursement Budgeting and Forecasting

About the position

The Senior Manager, Pharmacy Reimbursement Budgeting and Forecasting at CVS Health plays a critical role in developing innovative solutions to enhance profitability within the pharmacy sector. This position is responsible for managing the budgeting and forecasting analytics for over $90 billion in Pharmacy Sales while addressing over $1 billion in annual rate erosion. The role requires a combination of complex modeling, insightful analytics, and effective communication to set financial expectations with senior leadership and streamline current processes.

Responsibilities

• Develop the forecasting modeling infrastructure for Pharmacy Reimbursement.
• Lead budgeting and forecasting analytics for over $90 billion in Pharmacy Sales.
• Manage the current Reimbursement Budgeting and Forecasting modeling and integrate with new CostVantage-based Reimbursement.
• Combine complex modeling with robust presentation development to set financial expectations with Senior Leadership.
• Summarize key business themes and drivers of variances during the monthly close process.
• Accrue Generic and Brand contracted rates for top Payers.
• Create sophisticated financial models to support strategic decision-making and long-term financial planning.
• Evaluate and implement improvements to the current Reimbursement Budgeting and Forecasting modeling.
• Forecast, budget, and analyze Omnicare Business Unit results separately.
• Support ad hoc analyses including legal requests and government cost surveys.

Requirements

• 7+ years of professional finance experience with escalating levels of responsibility.
• Advanced proficiency in Microsoft Office Applications (e.g., Excel, PowerPoint).
• Excellent verbal and written communication skills.
• Strong attention to detail and analytical skills.

Nice-to-haves

• Advanced degree in Accounting, Business, Finance, Economics, etc.
• Certification such as CFA or CPA.
• Healthcare/Pharmacy industry work experience.
• Experience with custom queries in relational databases (such as SQL).

Benefits

• Full range of medical, dental, and vision benefits.
• 401(k) retirement savings plan.
• Employee Stock Purchase Plan.
• Fully-paid term life insurance plan.
• Short-term and long-term disability benefits.
• Well-being programs and education assistance.
• Free development courses.
• CVS store discount and discount programs with participating partners.
• Paid Time Off (PTO) and paid holidays.