Senior Manager - Finance Transformation

Position Summary

CVS Health is building a world of health around every consumer by surrounding itself with dedicated colleagues who are passionate about transforming health care. As the nation’s leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose‑driven colleagues.

The PBM Finance Transformation Team is seeking a Senior Manager to innovate how we perform key finance activities such as budgeting & forecasting, recording actuals, variance analysis, and client billing. This role focuses on internal PBM efforts to enhance the technology behind financial operations and planning.

Leverage close connections with Finance business partners in the PBM to facilitate systems‑based solutioning across three major areas:

• Financial Planning for Caremark & Specialty budget & forecast models – Build complex bottoms‑up analytical models to generate budget data for all parts of the P&L in Specialty & Caremark down to margin.
• Management Reporting – Create tools that enable highly detailed reporting of Caremark & Specialty actuals.
• Operations – Lead key SAP system migration and other activities to improve financial operations.

Act as the key liaison among IT, PBM Finance, and PMO organizations to ensure steady progress on deliverables.

• Engage with program stakeholders to build relationships, communicate progress, elicit feedback, and manage expectations.
• Create and manage the program roadmap and measure execution against it.
• Advise colleagues on program impacts related to new products and strategies.
• Participate in program intake and prioritization to ensure focus on the most impactful work.
• Execute program initiatives, fulfill OKRs jointly established with leadership, and report on those OKRs and other metrics.
• Participate in program budgeting processes and ensure the program budget is used appropriately.
• Build business cases and sizing for any efforts that require additional funding.
• Manage program risks and issues and develop mitigation strategies.
• Oversee creation of documentation related to included finance transformation business processes.
• Coordinate with external vendors, internal partners, and IT to ensure successful project delivery.
• Facilitate training and development opportunities for team members to improve their skills and knowledge.
• Review requirements documents for completeness prior to approval by business stakeholders.

This role offers flexible, work‑from‑home options and can be based remotely in the U.S. or near one of the following corporate hubs: IL‑Northbrook, TX‑Irving, CT‑Hartford, AZ‑Scottsdale, RI‑Cumberland. Candidates excelling at least two days a week in the office for commutable locations are required.

• 7+ years of relevant work experience.
• 5+ years with financial planning for budget & forecast models.
• 3+ years of finance management reporting.
• 3+ years of finance operations experience.

• Experience in the healthcare industry, including health insurance, PBM or pharmacy services.
• Experience in highly regulated industry and compliance environment.
• Proven experience designing and implementing scalable, repeatable, systems‑based solutions.
• Experience working with IT partners to deploy production‑level solutions.
• Excellent verbal and written communication skills, able to convey ideas in both technical and user‑friendly language.
• Strong working knowledge of Office 365 applications.

Bachelor’s degree or equivalent experience, master’s degree preferred.

The typical pay range for this role is $75,400.00 – $. This 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 will depend on experience, education, geography and other factors. The position is eligible for a CVS Health bonus, commission or short‑term incentive program in addition to the specified base pay range and includes an equity award target.

• Affordable medical plan options, 401(k) plan including matching company contributions, and employee stock purchase plan.
• No‑cost programs: wellness screenings, tobacco cessation, weight management, confidential counseling, and financial coaching.
• Benefit solutions addressing different needs: paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access, and many other benefits depending on eligibility.

For more information, visit

The application window for this opening will close on 02/17/2026.

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