CVS Health

Manager, FP&A Medicare/Medicaid Network Peformance COGS

CVS Health$66K — $159K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in financial planning, budgeting, and forecasting in managed care or PBM sectors.
  • 1+ year of leading teams, managing direct reports.
  • Deep understanding of Medicare and Medicaid drug pricing and revenue models.
  • Strong analytical skills with Excel, Tableau, and financial planning tools.
  • Excellent communication skills for translating financial data into executive reports.
  • Experience in cross-functional collaboration with Pricing, Actuarial, and Business teams.

Responsibilities

  • Lead financial planning and performance management for Medicare/Medicaid COGS.
  • Develop multi-year strategic plans and annual budgets.
  • Manage monthly close processes and weekly performance updates.
  • Provide insightful variance analysis and commentary to senior leadership.
  • Serve as the financial expert on network performance COGS.

Benefits

  • Comprehensive medical, dental, and vision coverage.
  • Generous paid time off policy.
  • Retirement savings options.
  • Wellness programs and resources for physical and emotional well-being.
  • Support for colleagues and their families.
Full Job Description
Position Summary

The Manager, FP&A Medicare/Medicaid Network Peformance COGS is responsible for leading the financial planning and performance management of Medicare and Medicaid drug COGS and volume within CVS Health's Pharmacy Services business. Reporting to the Director, FP&A Medicare/Medicaid Network Performance, this role manages a team of 2 direct reports (1 Sr. Analyst, 1 Analyst) and leads the development of multi-year strategic plans, annual budgets, forecast, and the monthly close process, including weekly performance updates network performance COGS.

The Manager serves as the primary financial subject matter expert for netowrk performance COGS, partnering closely with the Network Pricing, Underwriting, Enterprise Economics and other cross-functional teams to analyze and explain volume, price, and mix dynamics. The role delivers clear, insightful variance analysis and actionable commentary to senior leadership and plays a critical role in ensuring Medicare and Medicaid network COGS is accurately reflected across the full Network P&L.

Required Qualifications
  • 5 years of relevant work experience in financial planning, budgeting, and forecasting preferably in managed care, PBM, or government-sponsored health program environment
  • 1 year of people leadership experience


Preferred Qualifications
  • Knowledge of Medicare and Medicaid drug benefit structures, pricing dynamics, and regulatory impacts on pharmacy revenue
  • Strong analytical and modeling skills; proficiency in Excel, Tableau, and financial planning tools
  • Effective written and verbal communication skills; ability to translate complex financial data into clear executive-ready narratives
  • Collaborative team player with experience partnering across Pricing, Actuarial, and Business functions
  • People leadership and talent development experience
  • Strong understanding of commercial pharmacy revenue drivers including volume, price, mix, and client contractual structures
  • Clear and effective communication skills; ability to translate financial complexity into concise executive-ready reporting
  • Cross-functional collaboration experience with Pricing, Business Development, and Client Management teams


Education

Bachelor's Degree; equivalent years of related professional work experience may substitute ( 4 years)

Anticipated Weekly Hours
40

Time Type
Full time

Pay Range

The typical pay range for this role is:

$66,330.00 - $159,120.00

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.

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: 08/19/2026

About CVS Health

Omnicare provides comprehensive pharmaceutical services to patients and providers across the United States. As the market-leader in professional pharmacy, related consulting and data management services for skilled nursing, assisted living and other chronic care settings, Omnicare leverages its unparalleled clinical insight into the geriatric market along with some of the industry's most innovative technological capabilities to the benefit of its long-term care customers. Omnicare also provides key commercialization services for the bio-pharmaceutical industry through its Specialty Care Group.

CVS Health Careers

Joining CVS Health presents a unique opportunity to advance your career in a company where innovation, leadership, and growth go hand in hand. As a leader in the healthcare industry, CVS Health is more than just a pharmacy. We are a team of professionals dedicated to improving lives and optimizing health outcomes.

Work You’ll Do

At CVS Health, you will be part of a culture that values diversity and inclusivity, fostering an environment where every team member’s contribution is valued. Engage in meaningful work that directly impacts lives, driving innovation in healthcare services and solutions.

Explore Job Opportunities

Whether you’re looking for a position in pharmacy services, corporate leadership, or in-store management, CVS Health offers a variety of employment opportunities that will help you harness your skills and thrive professionally. Our job opportunities span across a wide range of professional fields and geographic locations, ensuring that your career at CVS Health aligns with your professional goals and lifestyle.

Internship Programs

Kickstart your career with CVS Health through our internship programs. These opportunities are designed for ambitious students eager to develop their skills in a real-world setting. Internships at CVS Health are not only about gaining work experience but also about making meaningful contributions to our ongoing projects.

Professional Growth and Development

CVS Health is committed to the professional growth of our employees. With access to cutting-edge technology, industry-leading experts, and comprehensive diversity training, our team members are equipped to lead and innovate. We support career advancement through professional development programs, leadership training, and opportunities for networking and internal mobility.

Benefits and Culture

Our employees enjoy a range of benefits that reflect our commitment to their well-being and success. From health and wellness benefits to professional development programs, CVS Health is dedicated to ensuring our team members have the resources they need. Our inclusive culture encourages collaboration and continuous learning, making CVS Health a place where you can grow and succeed.

Join Our Team

Ready to take the next step in your career? Explore the open positions at CVS Health that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

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READ CAREERS BLOG

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Learn more about CVS Health
Size
300,000 employees
Market Cap
$122 billion
Industry
Net Income
$7.1 billion
Founded
1963
5 Year Trend
+10.5%
Revenue
$268.7 billion
NASDAQ

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