AVP, CFO - Aetna Medicaid

At CVS Health, we’re building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care. As the nation’s leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues – caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day. Position Summary: Provides strategic leadership and oversight for financial performance management by coordinating budgeting and forecasting processes, providing guidance on financial strategy, and collaborating with stakeholders to align financial goals with business objectives. Ensures accurate financial reporting, drives process improvements, and contributes to strategic planning and risk assessment. Key Responsibilities: Develops financial planning processes that include budgeting, forecasting, and financial analysis to ensure the financial sustainability and viability of Medicaid initiatives. Oversees the financial aspects of Medicaid programs, including revenue and expense management, reimbursement rates, cost containment strategies, and financial reporting. Advises management on potential financial risks, such as changes in reimbursement policies or regulatory requirements, and develops strategies to mitigate these risks. Leads the department in assessing the financial impact of strategic initiatives, evaluating funding sources, and identifying opportunities for revenue optimization. Performs forecasting evaluations specific to Medicaid programs by analyzing various scenarios and assessing the financial implications of enrollment trends, program expansions and new contract/RFP expansions. Ensures compliance with reporting requirements, reimbursement rules, and other financial regulations. Cultivate and sustain strategic partnerships across cross-functional teams to ensure program alignment, drive collaboration, and achieve targeted outcomes. Develops training and development programs to enhance the skills and capabilities of the team by identifying talent needs, creating job descriptions, and interviewing and onboarding new team members. Required Qualifications: Minimum 15 years total business experience Preferred Qualifications: Adept at execution and delivery (planning, delivering, and supporting) skills Adept at business intelligence Adept at collaboration and teamwork Mastery of problem solving and decision making skills Mastery of growth mindset (agility and developing yourself and others) skills Education: Bachelor's degree preferred/specialized training/relevant professional qualification. Pay Range The typical pay range for this role is: $157,800.00 - $363,936.00 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 We anticipate the application window for this opening will close on: 10/08/2025 Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws. Our Work Experience is the combination of everything that's unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it's our people. Our employees are self-disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area. Apply tot his job