Manager, FP&A Medicare/Medicaid Network Peformance COGS

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

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