Senior Financial Analyst: Budgeting, Forecasting & Analysis

CVS Health; Springfield (IL); On-site; USD 47,000 - 122,000; Full time

Job summary

CVS Health in Illinois seeks a Financial Analyst to help build annual budgets, forecasts and long-range plans, collaborating with stakeholders to set targets and allocate resources.

You will conduct variance and profitability analyses, develop financial models, identify cost-saving opportunities, and support decision-making with data-driven insights. This full-time role offers comprehensive benefits and a stable, growth-focused environment.

Qualifications

• 3-5 years work experience within financial analysis or related field.
• Working knowledge of problem solving and decision making skills.
• Bachelor's degree in Finance, Data Analytics, Accounting, or related field

Responsibilities

• Assist in development and preparation of annual budgets, forecasts, and long-term financial plans by collaborating with stakeholders to gather inputs, analyze financial data, and provide recommendations for financial targets and resource allocation.
• Conduct in-depth financial analysis, including variance analysis, trend analysis, and profitability analysis.
• Support the forecasting process by analyzing trends, identifying key drivers, and preparing financial models to evaluate different scenarios and their impact on financial outcomes.
• Identify areas of improvement, cost-saving opportunities, and revenue enhancement strategies.
• Develops complex financial models to support strategic decision-making, investment analysis, and business planning.
• Implements improvements in forecasting methodologies, data collection, and analysis techniques to enhance forecasting capabilities.
• Identifies opportunities to streamline financial processes, improve efficiency, and enhance data accuracy.
• Edits and improves team processes and workflows to enhance efficiency and effectiveness and identifies bottlenecks or areas for improvement and implements changes to optimize team performance.
• Assists in coaching and providing guidance to junior-level team members and helps them resolve problems and answer questions.

Skills

Financial analysis

Problem solving

Decision making

Education

Bachelor's degree in Finance or related field

Tools

S4/SAP

Anaplan

Workday

Job description

CVS Health in Illinois seeks a Financial Analyst to help build annual budgets, forecasts and long-range plans, collaborating with stakeholders to set targets and allocate resources.

You will conduct variance and profitability analyses, develop financial models, identify cost-saving opportunities, and support decision-making with data-driven insights. This full-time role offers comprehensive benefits and a stable, growth-focused environment.