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 key purpose of this position is to lead and direct the financial responsibilities of the holistic department’s $400M-$800M capital portfolio including but not limited to: strategic planning, capital budget development, forecast submission and historical spend analysis for both owned and executed capital support as a Shared Services department that includes multiple Segments: PCW, Corporate, Aetna, PBM, and other Business areas, i.e. Specialty, Coram, and Oak Street Health
- The position will drive evaluation and prioritization of the department’s capital projects, approximately 100+ capital projects submitted each year against a prioritization criteria based on budget guidance and targets
- The Director will also track and report progress of approved capital projects, analyzing favorability in the capital investment budget and reprioritizing or redistributing capital where appropriate
- This team will also support the top strategic projects within the PCW Segment, providing finance and ad-hoc analysis support
- Partner with department operation Leaders for Facilities and Repairs & Maintenance Capital management, which averages $155M - $180M annually
- Drive technical/AI process improvements to maintain department databases, dashboards, and financial reporting
- Directly responsible for the department’s capital consolidation reporting to Enterprise Performance and Planning Management Team (EPPM), business segments’ CFO Finance offices and department senior leadership which provides in-depth, multi-layered reporting by business segment, department leader, project level, owned vs managed, etc. that meet all enterprise directives
- Leads financial and project tracking systems data collection to ensure financial data integrity and develop reporting enhancements to support the department’s financial ownership
- Lead department efforts, quarterly and year end accrual reconciliation, ad-hoc reporting and other financial requirements.
- Additional capital and strategic management from the current department director. Collaborates and directs business owners on all financial deliverables to the organization ensuring spend levels and cashflow alignment accuracy to meet company targets and directives
- Collaborates and provides department’s finance leads direction and guidance on capital management requirements
- The Corporate/SS capital finance and reporting divisions report into this position, a total team of 10, that includes direct reports of 3 finance senior managers
Required Qualifications
- 8-10 years experience in a senior finance management role
- Strategic and critical business planning experience
- Supporting strategic projects or programs, including portfolio management, tracking & reporting, financial analysis, and other ad-hoc analysis support
- Managing a portfolio of projects, tracking ongoing performance against approved budgets
- Capital tracking systems are required including technical experience in excel and database management.
- Ability to influence others at all levels in the organization by effectively communicating risks, opportunities and directives in both oral and presentation formats
- Developing and delivering executive level presentations, including strong logical structuring, storyboarding, and presentation delivery
- Proven collaborator and communicator both written and oral
- Ability to lead, inspire and develop a team
Preferred Qualifications
- Experience with capital and/or operating expense management with Real Estate, Construction, Facilities or Data Center operational knowledge preferred
- Power BI, Anaplan, SAP/S4, Hyperion, and capital project tracking systems.
Education
- Bachelor’s or Master’s degree, or an equivalent combination of education and relevant experience.
Pay Range
The typical pay range for this role is:
$100,000.00 - $231,540.00
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.
Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.
Great benefits for great people
We take pride in our comprehensive and competitive mix of pay and benefits – investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:
Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.
For more information, visit https://jobs.cvshealth.com/us/en/benefits
We anticipate the application window for this opening will close on: 05/31/2026
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.