Sr. Financial Analyst- Secaucus, New Jersey in Secaucus, NJ at Quest Diagnostics

Date Posted: 1/15/2021

Job Snapshot

Job Description

Sr. Financial Analyst- Secaucus, New Jersey - M-F

Patients and Physicians rely on our diagnostic testing, information and services to help them make better healthcare decisions. These are often serious decisions with far reaching consequences, and require sensitivity, tact and a clear dedication to service. It’s about providing clarity and hope. You will work for the world leader in the industry, with a career where you can expand your skills and knowledge. As a Sr. Financial Analyst, you will have a role where you can act with professionalism, you can inspire colleagues, and you can care about the work we do and the people we serve.

 

Please note: The Sr. Financial Analyst position will reside at the Secaucus, NJ site.

 

 Basic Purpose:  The Senior Financial Analyst performs quantitative analysis in a supporting role for the Finance department and assists with various projects and ad hoc requests.

 

Duties and Responsibilities:

1. Support Field Operations and Managing Directors in providing financial insights and analytical support.  This includes but is not limited to: client/hospital profitability analysis and contract review, practice forecasts and profitability reviews, volume analysis and reporting, physician productivity reporting, pricing and billing analysis, integration analysis, month end variance analysis and reporting, and physician compensation plan analysis and reporting.

2. Ownership of multiple practice P&Ls and Balance Sheets.  Partner with practice leadership to develop business plans, OM expansion initiatives, and detail analysis of current state of profitability. 

3. Partner with Regional Finance Directors and Corporate Finance to ensure full view understanding of AmeriPath practice results and key drivers.  This includes month end variance analysis, participation on regional calls, integration analysis, outlooks, and ad hoc requests.

4. Assist in annual budgeting process as well as monthly financial forecasting.  Gain understanding of variances and articulate drivers to various levels of management.  This may be through email, financial calls, or on-site meetings

5. Calculate and administer physician compensation calculations.  Ensure accuracy to contract and timeliness of payments.  Develop modeling of compensation plan changes as requested

6. Assist Centralized Accounting with month-end close, as required.  Tasks range from the generation of various journal entries and trend analysis, to the generation of financial reports.  Participate in pre close and post close calls and advise on necessary changes and updates

7. Monitoring, reviewing and approving capital spend verses budget.  Assisting with ROI analysis on large projects.  Processing capital requests including obtaining matrix approvals, generating capital tracking numbers and notifying Asset Management when assets are placed in service.  Facilitating asset transfers and disposals

8. Support Finance Manager/Director with various ad-hoc information requests.  Perform routine and special projects as requested (task lists will be available on Shared Drive).  

9. Develop reporting to provide field with information required to make key business decisions.  Assist with business cases and financial analysis to support business decisions

10, Assists with pricing analysis & analytics, partnering with Sales and Field Operations on compliance standards and strategic initiatives.

 

Qualifications

Education Preferred:

BA/BS degree in a Finance or Business-related field.

Work Experience:

Minimum 5 years relevant Financial Analysis experience, preferably in the medical industry.

Other:

Strong Excel skills. Knowledge of Access and PowerPoint is a plus.

Strong communication and customer service skills.

Ability to communicate complex subject matter to a wide variety of audiences.

Superior organizational, multi-tasking and decision-making skills.

Ability to achieve personal, departmental, and corporate goals/objectives with minimal supervision.

Travel Requirements

10-25%

All requirements are subject to possible modifications to reasonably accommodate individuals with disabilities. Quest Diagnostics is an Equal Opportunity Employer: Women / Minorities / Veterans / Disabled / Sexual Orientation / Gender Identity.

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