Financial Analyst, Volume Forecasting

Job Description

Analyst, FP&A | CVS Health

The Tone:
This is a full-time role at CVS Health. The company is dedicated to building a world of health around every individual, creating a more connected, convenient, and compassionate health experience. In this position, you will directly influence how the business plans for and responds to changing volume dynamics, impacting broader financial forecasts.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Not specified
• Pay: $43888–$102081 yearly
• Team: Volume team, within the Finance organization
• Mission: Develop non-specialty volume forecasts that inform planning, performance management, and strategic decision-making.

What You’ll Actually Do
• Forecast Volumes: Support the creation and refinement of non-specialty volume projections within the Volume team, which is a key part of the Finance organization. This involves analyzing trends, partnering with key stakeholders, and generating insights that feed into broader financial forecasts, directly impacting how the business plans for and responds to changing volume dynamics.
• Develop Financial Plans: Assist in the development of comprehensive financial plans, annual budgets, and periodic forecasts for the organization. This responsibility includes monitoring and analyzing actual financial performance against established budgeted and forecasted targets to ensure accuracy and inform planning.
• Conduct Financial Analysis: Perform detailed financial analysis, encompassing variance analysis, trend analysis, and thorough financial performance evaluation. This analysis is crucial for understanding the financial health and trajectory of the organization and its various components.
• Build Financial Models: Design, build, and maintain sophisticated financial models that are instrumental in supporting business planning, conducting scenario analysis, and facilitating informed decision-making processes across the business.
• Support Strategic Initiatives: Contribute to the development and implementation of strategic initiatives and business plans. This includes providing critical financial analysis and evaluation of potential investment opportunities, new product launches, and market expansion strategies.

The Must-Haves
• Background: Hold a Bachelor’s degree. Candidates must possess a basic awareness of problem-solving and decision-making skills specifically within the FP&A domain, covering areas such as budgeting and forecasting.
• Experience: A minimum of 0-2 years of professional work experience is required, specifically within Finance or other finance-related roles, providing a foundational understanding of financial operations.
• Skills: Demonstrated capability in basic problem-solving and decision-making, with an understanding of budgeting, forecasting, and financial analysis techniques, including variance and trend analysis. The ability to assist in building and maintaining financial models is also necessary.