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Executive Director, Chief Financial Officer

2 months ago

Irving, Texas, United States CVS Health Full time
About the Role

**Job Summary**

The Executive Director, CFO Texas Medicaid Market is a critical leadership position at CVS Health, responsible for driving the financial and strategic success of the Texas Medicaid Health Plan. As a seasoned financial expert, you will lead a team of finance professionals and collaborate with cross-functional teams to achieve business objectives.

Key Responsibilities
  • Partner with the Texas Medicaid CEO and C-suite team to maintain financial and operational control of the business.
  • Lead a team of 10+ finance professionals responsible for managing the financial close, forecasting, and planning processes.
  • Leverage prior experience to ensure the quality and integrity of P&L/cost center owner level reporting, membership and/or expense forecasts, product reporting, and balance sheet reporting.
  • Collaborate with constituent areas, including Actuarial, Service Operations, Clinical, Network, and Medical Economics, to execute on growth and expense management priorities.
  • Develop and present new opportunity business cases to senior leaders.
  • Provider contracting negotiations, including fully/partially capitated, value-based, risk-sharing, and profit-sharing arrangements.
Requirements
  • 8+ years of experience in healthcare or insurance.
  • Experience in P&L management and leadership with budgets, forecasts, and financial analysis.
  • Experience in developing plans and identifying risks and opportunities.
  • P&L ownership and key financial metrics.
  • Experienced leader in building teams, developing employees, and hiring.
  • Travel up to 25%.
  • Ability to work in a hybrid model (in-office Tuesday/Thursday) in the Austin or Dallas office.
Preferred Qualifications
  • Medicaid product pricing.
  • Health Plan Operations.
  • Provider contracting and reimbursement methodologies.
  • Medicaid, Medicare, or Commercial health insurance products and financial drivers.
  • Experience in financial analysis, trends, projections, and analytics.
What We Offer

**Compensation and Benefits**

The typical pay range for this role is $131,000 - $303,195.00. 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.

**Additional Benefits**

CVS Health offers a comprehensive benefits package, including medical, dental, and vision benefits, 401(k) retirement savings plan, employee stock purchase plan, fully-paid term life insurance, short-term and long-term disability benefits, and numerous well-being programs.