Manager, FP&A (IC)

CVS Health; Nashville (TN); On-site; USD 54,000 - 133,000; Full time

Job summary

CVS Health is seeking an FP&A Manager to lead financial planning processes, including budgeting, forecasting, and long-term strategic planning. You will perform in-depth analyses of profitability, cost drivers, pricing strategies, and investment opportunities for the Health Plan unit.

You will monitor end-to-end P&L for the Oklahoma Health Plan, advise on state rate updates, support month-end close, and present variance analyses to Finance leadership, collaborating with actuarial and

Qualifications

• Minimum 5 years of FP&A experience.
• Bachelor's degree in financial or business discipline required.
• Experience with budgeting, forecasting, variance analysis and modelling is preferred.
• Medicare/Medicaid and managed care experience is a plus.

Responsibilities

• Direct operations for budgeting, forecasting and long-term planning.
• Analyze profitability, cost drivers, pricing strategies and investment opportunities.
• Monitor end-to-end P&L and support month-end close activities.
• Provide variance analyses to Health Plan Finance Leadership and collaborate with actuarial/controllership teams.
• Lead forecasting cycles and prepare medical trend analyses for risk mitigation.

Skills

Budget and Forecasting

Variance Analysis

Advanced Modelling

Financial analysis

Education

Bachelor's Degree

Tools

SQL

Job description

We're building a world of health around every individual - shaping a more connected, convenient and compassionate health experience. At CVS Health®, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger - helping to simplify health care one person, one family and one community at a time.

Position Summary

As an FP&A Manager, you will direct operations for the financial planning processes, including budgeting, forecasting, and long-term strategic planning. This role will allow you to conduct in-depth financial analysis to evaluate the financial performance of business units or initiatives, analyzing profitability, cost drivers, pricing strategies, and investment opportunities.

You will accomplish this by:

• Monitor the end-to-end profit & loss statements, reporting and budget & forecasting for the Aetna Better Health of Oklahoma.
• Advise on latest updates from the state regarding rates adjustments / determinations / program changes and will report on the financial impact as well as determine rate adequacy for confirmation and/or follow up state discussions.
• Assist in inquiries by both the state and the Oklahoma Association of Health Plans regarding the market share, data submission for the purpose of rate setting and medical trend analysis on behalf of the Health Plan.
• Support month end close activities related to Membership, Revenue, Medical Expense, MBR and G&A. Present schedules/reports and variance analysis to Health Plan Finance Leadership. Work closely with Corporate Controllership/Actuarial Team to accurately reflect results in the financials.
• Strategic subject matter expert for all forecasting cycles with the approval of the Senior Manager and Health Plan CFO /CEO for reporting to the Enterprise
• Prepare monthly medical trend analysis for product performance and reporting of risk areas within medical lag and non-lag for mitigation by Clinical and Operational staff and participate in Medical Cost Trend meetings for the suggestion of mitigation and SAI efforts
• Creation and support of requisite and supplemental materials to assist in variance, close and forecast reporting to Health Plan leadership and Enterprise as needed

Required Qualifications

• 5 or more years of relevant experience

Preferred Qualifications

• Medicare and Medicaid experience
• Managed Care experience
• Budget and Forecasting
• Variance Analysis
• Advanced Modelling
• SQL Knowledge

Education

Bachelor's Degree required; Preferably in Financial/Business discipline

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$54,300.00 - $132,600.00

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.

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

This full-time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well-being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.

Additional details about available benefits are provided during the application process and on Benefits Moments.

We anticipate the application window for this opening will close on: 09/28/2026

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