AVP, Regional CFO - Medicaid
CVS Health · Hartford, CT · 1 mo ago
HybridOTHR$158k/yrFull-time
Key Responsibilities
- Serve as the senior financial advisor to two Regional Market Presidents and nine state leadership teams.
- Drive achievement of revenue, margin, earnings, membership, and cash flow objectives across the regional portfolio.
- Influence key business decisions related to growth, pricing, investments, provider strategy, product performance, and operational priorities.
- Identify emerging financial risks and opportunities and lead proactive mitigation and action planning.
- Ensure financial insights translate into business decisions and measurable performance improvement.
- Challenge assumptions and drive accountability to deliver committed financial results.
Leadership of Market CFO Organization
- Lead, coach, and develop a team of Market CFOs, including strategic thinking, executive presence, and business partnership capabilities.
- Establish clear performance expectations and accountability for financial outcomes across markets.
- Share best practices and lessons learned across states to accelerate improvement and execution.
- Create a culture focused on ownership, transparency, collaboration, and continuous improvement.
- Develop leadership talent and succession pipelines within the Market CFO organization.
- Serve as the escalation point and advisor for complex financial, operational, and strategic market issues.
Performance Management & Margin Recovery
- Drive rigorous performance management processes across markets.
- Lead reviews of financial performance, forecast accuracy, operating trends, and achievement of strategic objectives.
- Ensure markets have actionable plans to address performance gaps and improve profitability.
- Hold teams accountable for execution against operating commitments and margin recovery initiatives.
- Partner with Market CFOs to prioritize actions that improve financial outcomes while supporting growth and member experience objectives.
Executive Partnership & Influence
- Build strong relationships with senior business leaders and serve as a trusted strategic partner.
- Influence decisions through data-driven insights, financial storytelling, and thoughtful recommendations.
- Represent Medicaid Finance in executive reviews, strategic planning discussions, and enterprise initiatives.
- Partner effectively across Operations, Network, Clinical, Product, Actuarial, and Strategy functions to align on priorities and execution.
Finance Transformation & Organizational Excellence
- Champion adoption of standardized processes, governance, and best practices enabled through FP&A, COE, and analytical pod capabilities.
- Help evolve the Medicaid Finance operating model to improve efficiency, effectiveness, and scalability.
- Drive simplification and modernization of forecasting, performance management, and decision-support processes.
- Foster a culture of innovation, continuous learning, and disciplined execution.