Senior Manager - Financial Planning and Analysis; IC

Position Summary

The Senior Manager, Financial Planning and Analysis role will function as the Financial Planning and Analysis lead for the New York Medicaid Health Plan and will support the CFO directly to achieve financial and strategic goals by managing and driving business actions and financial goals across the Plan. This position will oversee the development, analysis, and reporting of financial forecasts, budgets, and key performance metrics to support strategic decision-making.

This role ensures alignment of financial strategies with state Medicaid requirements and corporate goals, providing actionable insights to executive leadership and cross‑functional teams. With significant budget oversight and authority, the position drives financial performance, manages operational complexities, and assesses opportunities to enhance profitability and efficiency in a dynamic healthcare environment. Key interactions include executive leaders, operational managers, and state Medicaid stakeholders.

• Oversee the development of comprehensive financial reports that align with strategic goals.
• Lead the identification of key financial variances and trends, providing insights for strategic decisions.
• Lead the budgeting process for the entire business unit or region, ensuring alignment with long‑term goals.
• Act as a liaison between senior leadership and cross‑functional teams, influencing key business decisions.
• Lead strategic financial planning, aligning financial resources with long‑term goals.
• Lead cost optimization initiatives, ensuring the financial health of the organization and driving efficiency improvements.
• Guide executive leadership on financial strategy, resource allocation, and long‑term goals.
• Lead cross‑functional teams to drive alignment across departments and ensure business objectives are met.
• Drive process improvements, innovation, and the implementation of best practices in financial operations.

• 7+ years financial experience including strategic and business planning, financial planning, analysis, P&L, reporting or accounting.
• 5+ years of experience in healthcare or insurance.

• Health Plan Finance
• Experience in P&L management and leadership with budgets and forecasts.
• Experience in development of budgets and identification of risks and opportunities.
• P&L ownership and key financial metrics.
• Medicaid, Medicare or Commercial health insurance products and financial drivers.
• Advanced degree in Business and/or FSA/CPA.
• Degree in Finance, Accounting, Actuarial Science, or similar disciplines.
• Experience in financial analysis, trends, projections, and analytics.
• Education Degree in Finance, Accounting, Actuarial Science, or similar disciplines required or equivalent years of experience.

The typical pay range for this role is: $90,480.00 - $. 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.

This position also includes an award target in the company’s equity award program.

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.

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

We anticipate the application window for this opening will close on: 07/27/2026.