[Hiring] Manager, Financial Planning & Analysis (FP&A), Reconciliation @CVS Health

Role Description

The Manager, Financial Planning & Analysis (FP&A), Reconciliation, is responsible for ensuring the accuracy, completeness, and integrity of financial reconciliations for Aetna Federal Plans. This role establishes and maintains reconciliation standards, supports the timely completion of reconciliations as PSHB volume grows, and ensures reconciliation processes and documentation are prepared to meet OPM, OIG, and external audit requirements.

The position reports to the Lead Director, FP&A, and collaborates closely with Claims Reporting, IT & Business Analysis, and other key stakeholders to strengthen reconciliation processes, resolve variances, improve controls, and promote operational efficiency.

Key Responsibilities

• Lead month-end, quarter-end, and year-end reconciliation processes for claims, working capital, and related balance sheet accounts.
• Research, analyze, and resolve reconciling items and financial variances, partnering with appropriate data owners to ensure timely resolution.
• Lead efforts to address and clear reconciliation backlogs, including aged or complex outstanding items.
• Develop, document, and maintain reconciliation procedures, SOPs, templates, and consistent preparer and reviewer standards.
• Identify reconciliation and control gaps and recommend process improvements to strengthen accuracy, compliance, and audit readiness.
• Provide reconciliation documentation and support for OPM, OIG, and agreed-upon procedures (AUP) engagements.
• Serve as a key point of contact for external auditors regarding reconciliation-related matters.
• Partner with IT & Business Analysis to identify opportunities to automate manual reconciliation activities and improve the quality and reliability of data sources.
• Provide guidance, training, and mentorship to analysts on reconciliation methodologies, standards, documentation, and best practices.
• Participate in departmental and cross-functional projects as needed.

Qualifications

• Demonstrated experience resolving aged variances and addressing reconciliation backlogs.
• Experience developing SOPs, reconciliation standards, controls, and supporting documentation.
• Experience supporting external audits, with a strong emphasis on accuracy, documentation, and attention to detail.
• Strong written and verbal communication skills, with the ability to communicate effectively with stakeholders at various levels.
• Demonstrated growth mindset, with the ability to adapt to changing priorities, learn new skills, and support the professional development of team members.

Requirements

• 5+ years of experience in account reconciliation, financial accounting, or related discipline, including experience with complex and high-volume reconciliations.

Preferred Qualifications

• Healthcare or health insurance finance experience, preferably involving FEHB, PSHB, or other federal programs.
• Familiarity with OPM, OIG, or AUP audit environments.

Technical Skills

• Advanced proficiency in Excel, including lookups, pivot tables, and reconciliation templates for large datasets.
• Experience with SQL or similar tools used to extract, analyze, and validate claims and financial data.
• Experience working with general ledger and financial reporting systems.
• Working knowledge of data warehouse environments and reconciliation automation.
• Ability to develop clear, well-organized, and audit-ready workpapers and support documentation.

Education

• Bachelor’s degree required in accounting, Finance, or a related field or equivalent years of related experience.

Anticipated Weekly Hours

• 40

Time Type

• Full time

Pay Range

The typical pay range for this role is: $66,330.00 - $145,860.00. 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.

Benefits

This full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families. The benefits for this position include:

• Medical, dental, and vision coverage
• Paid time off
• Retirement savings options
• Wellness programs
• Other resources, based on eligibility

Additional details about available benefits are provided during the application process.