# Executive Director, Rebate Financial Strategy & Drug Profitability **Company**: CVS Health **Experience**: executive **Job type**: full-time **Salary**: $131,500.00 - $303,195.00 **Category**: Finance **Industry**: Healthcare **Apply**: https://cvshealth.wd1.myworkdayjobs.com/en-US/CVS_Health_Careers/job/IL---Northbrook/Executive-Director--Rebate-Finance-Strategy_R1031337?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply **Canonical**: https://yubhub.co/jobs/job_8c53b52f-e93 ## Description 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. **Major Responsibilities** ### 1. 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. ### 2. 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. ### 3. 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. ### 4. 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. ### 5. 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. ### 6. 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. **Required Qualifications** - 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** - 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. **Pay Range** - $131,500.00 - $303,195.00 For more fresh new jobs, check out [yubhub.co](https://yubhub.co/). ## Skills ### Required - PBM economics - financial modeling - budgeting - forecasting - analytical skills - executive presentation skills - Excel - enterprise reporting tools - governance frameworks - standardizing processes ### Nice to have - AI - machine learning - Tableau - SQL - SAP - BI tools - competitive intelligence - external benchmarking - GLP-1 drugs - biosimilars - generic launches - Trade Capacity modeling - MYR processes - COGS improvement initiatives - assumptions governance - SSOT development --- Source: [Apply at cvshealth.wd1.myworkdayjobs.com](https://cvshealth.wd1.myworkdayjobs.com/en-US/CVS_Health_Careers/job/IL---Northbrook/Executive-Director--Rebate-Finance-Strategy_R1031337?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)