Jobs · Sales · Illinois

Executive Director, Rebate Finance Strategy

CVS Health · Northbrook, IL · 1 mo ago
HybridSales$70/hrFull-time
We need to output HTML fragment with sections for headings: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Use

for each heading. Use
  • for any list of duties/requirements/benefits. Use

    for prose. Do NOT repeat job title as heading. Do NOT put Job ID/requisition numbers as headings. Remove boilerplate, navigation, legal, EEO, etc. Preserve all substantive info. Include a section only when posting has real specific content for it; never emit heading followed by filler/placeholder text. Prefer few substantive sections over many thin ones. We need to parse the posting. Key sections: - Position Summary (intro paragraph). Could be "About the role". We'll put that as About the role. - Major Responsibilities: list of responsibilities. - Required Qualifications: list. - Preferred Qualifications: list. - Education: maybe part of qualifications. - Pay Range: we have pay range. - Benefits: mention benefits. - Schedule: not mentioned (no schedule). So we should NOT include Schedule section. - Skills: maybe we can include skills from qualifications? But we have separate sections: Requirements, Qualifications, Skills. The instruction: use headings for those categories if content exists. We need to decide what goes where. We have "Required Qualifications" and "Preferred Qualifications". Could combine into Requirements? Or we could have Requirements (required) and Qualifications (preferred). Skills maybe from required qualifications like "Advanced financial modeling, analytical, problem-solving, and executive presentation skills". Could put under Skills. But we need to avoid thin sections. Perhaps we combine Required and Preferred into Qualifications, and Skills separate. Better: Use sections: About the role (summary), Responsibilities, Qualifications (including required and preferred), Skills, Pay, Benefits. Check if any content for Skills: we have "Advanced financial modeling, analytical, problem-solving, and executive presentation skills, with strong proficiency in Excel and enterprise reporting tools" etc. Also "Demonstrated executive presence...". Those could be skills. We'll extract. Let's gather substantive content: About the role: The paragraph starting "We’re building a world of health..." up to "Position Summary CVS Health's Pharmacy Services Finance Team is seeking an Executive Director to lead the Rebate Financial Strategy & Drug Profitability function." Actually the position summary includes that paragraph. We'll include that as About the role. Responsibilities: The list under "Major Resonsibilities" (typo). Items: - Rebate Strategy & Financial Planning - Lead financial strategy, planning, and performance management for the $70B+ rebate portfolio. - Partner with senior Finance and business leaders to drive margin optimization and long-term profitability. - Deliver executive insights on financial performance, emerging risks, market dynamics, and regulatory impacts. - Evaluate key drug and market trends to inform strategic planning and forecast accuracy. - Enterprise Assumptions Governance & Standardization - Establish and govern enterprise-wide financial assumptions and forecasting methodologies. - Maintain a centralized assumptions framework that drives consistency, transparency, and decision-making. - Align cross-functional stakeholders on critical drivers impacting pricing, profitability, and growth. - Strengthen governance and controls to improve forecast accuracy and financial performance. - Drug Profitability Analytics & Reporting - Lead enterprise drug profitability analytics and reporting strategy. - Develop actionable insights into key profitability drivers, market dynamics, and financial performance. - Deliver scenario modeling and executive decision support for strategic initiatives and investments. - Multi-Year Refresh (MYR) & Trade Capacity Model - Lead development of the Trade Capacity Model, a key driver of long-term profitability and COGS improvement. - Direct financial modeling and planning inputs supporting enterprise budget and multi-year forecasting processes. - Process Improvement, Innovation & Technology - Lead finance transformation initiatives that enhance forecasting, reporting, and operational effectiveness. - Advance analytics, automation, AI, and technology solutions to improve decision-making and productivity. - Oversee investment governance and portfolio prioritization to maximize business value and financial returns. - Drive organizational change management and adoption of new operating models and technologies. - Leadership, Talent Development & Stakeholder Management - Build, lead, and develop a high-performing team focused on strategic finance, analytics, and business performance. - Foster a culture of accountability, innovation, and continuous improvement. - Partner across Finance, Trade, Underwriting, and Operations to align strategy and business objectives. - Serve as a trusted advisor to senior leadership on profitability, growth, and enterprise financial strategy. We'll format each bullet as

  • . Could group under subheadings? Not required; just list. Requirements: Required Qualifications list: - 12+ years of progressive finance leadership experience, preferably in healthcare, PBM, managed care, or similarly complex industries - Demonstrated experience managing P&L and presenting to SVP and C-suite leadership, with proven ability to influence executive decisions through financial insights and strategic recommendations - Deep fluency in PBM economics including rebate structures, network and channel pricing, pharma contracting, dispensing economics, and drug-level profitability drivers - Expertise in budgeting, forecasting, and multi-year financial modeling within a large, matrixed organization, with strong command of scenario analysis and sensitivity modeling - Proven ability to translate complex financial, regulatory, and competitive data into clear, compelling executive communications and decision-ready narratives - Track record of building and leading high-performing finance teams in a dynamic, fast-paced environment, with demonstrated success in talent development and organizational scaling - Advanced financial modeling, analytical, problem-solving, and executive presentation skills, with strong proficiency in Excel and enterprise reporting tools - Experience establishing governance frameworks and standardizing processes across cross-functional stakeholders in a matrixed organization - Demonstrated executive presence with the ability to influence senior leaders, challenge assumptions, and drive alignment across complex business issues Preferred Qualifications list: - Familiarity with the state and federal PBM regulatory environment, including FTC, CMS, and state-level pharmacy benefit legislation - Experience with enterprise planning platforms such as SAP, Anaplan, or equivalent tools, with demonstrated success in forecasting transformation - Demonstrated experience leveraging AI and machine learning tools to enhance finance productivity and insight generation - Proficiency with Tableau, SQL, SAP, and BI tools to support finance analytics, reporting, and transformation initiatives - Background in competitive intelligence and external benchmarking within the PBM or healthcare payer space - Experience with GLP-1 drugs, biosimilars, generic launches, and other high-impact drug categories - Knowledge of Trade Capacity modeling, MYR processes, and COGS improvement initiatives - Experience with assumptions governance, SSOT development, and cross-functional alignment on financial methodologies Education: Bachelor's degree required in Finance, Accounting, Economics, Business Administration, or related field. MBA or advanced degree preferred, with concentration in Finance, Strategy, or Healthcare Administration. We could put Education under Qualifications or separate. Since we have Qualifications heading, we could include education there. Skills: Could extract skills like financial modeling, analytical, problem-solving, executive presentation, proficiency in Excel, enterprise reporting tools, Tableau, SQL, SAP, BI tools, AI/ML, etc. But many already in qualifications. To avoid duplication, maybe we don't need separate Skills section; we can incorporate skills into Qualifications. The instruction says we can use sections for Skills if we have content. But we prefer few substantive sections. So we could omit Skills and put those under Qualifications. Pay: we have Pay Range: $131,500.00 - $303,195.00, plus bonus, commission, short-term incentive, equity award target. We'll include that. Benefits: description: medical, dental, vision, paid time off, retirement savings, wellness programs, etc. We'll include. Schedule: not mentioned, so omit. Now we need to output HTML fragment only, no /, no markdown. We'll produce:

    About the role

    ...

    Responsibilities

    • ...
    • ...

    Qualifications

    • ... required qualifications items
    • ...
    Maybe we need to separate required and preferred? Could have two sublists? But we can just list all qualifications, maybe mark required vs preferred? But we must preserve all substantive info; we can include both required and preferred as separate lists under Qualifications with headings? But we cannot add extra headings besides the allowed ones? The instruction: use

    for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). It doesn't forbid additional headings inside? It says use

    for section headings (list). Likely they expect only those headings as top-level sections. Inside we can have

    or

      . We could separate required and preferred using

      headings like Required Qualifications: but that's not a heading. That's okay. Thus under Qualifications we can have a paragraph:

      Required Qualifications:

        ...

      Preferred Qualifications:

        ...

      Education:

      ...

      Similarly for Skills we could omit. Now Benefits: we have description: medical, dental, vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility. Also mention that additional details provided during application process and on Benefits Moments. We'll include that. Pay: include paragraph with pay range and mention bonus, commission, short-term incentive, equity award. Now ensure we don't include boilerplate like "Our people fuel our future..." etc. That's actually part of benefits? It's a statement about culture; could be considered boilerplate but it's substantive? It's more of a generic statement. Might be considered EEO/boilerplate. The instruction: Remove cookie/navigation/legal/EEO/equal-opportunity/scam-warning boilerplate. The line "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." seems like EEO/diversity statement; likely boilerplate. Remove. Also remove "Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws." That's EEO/legal; remove. Also remove "We anticipate the application window for this opening will close on: 10/16/2026" - that's application instruction; remove. Also remove "Great Benefits For Great People" heading? That's part of benefits section but we can keep the substance. Now produce HTML. Let's craft About the role paragraph: combine the intro and position summary. Intro: "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: "CVS Health's Pharmacy Services Finance Team is seeking an Executive Director to lead the Rebate Financial Strategy & Drug Profitability function. This role serves as the strategic finance leader for CVS Health's $70B+ annual rebate portfolio, providing financial stewardship, analytical rigor, and executive-level insight that directly influences pricing strategy, margin optimization, and long-term profitability across the PBM business. The Executive Director is accountable for setting the strategic direction, governance model, and executive decision framework for rebate financial performance and drug-level profitability across the enterprise. This leader will partner closely with VP and CFO leadership, Trade Strategy, Underwriting, and cross-functional stakeholders to shape rebate strategy, govern enterprise-wide drug-level financial assumptions, and translate complex pricing, utilization, contract, and regulatory dynamics into actionable narratives for executive decision-making

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