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

Date Posted: 2/25/2021

Job Snapshot

Job Description

Sr. Financial Analyst - Support Cost Finance - Secaucus, New Jersey - M-F

Look for more than answers. 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. You’ll 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. 

At Quest, we are on a continuous journey of discovery and development. It’s this attitude that has made us an industry leader and the #1 Diagnostic Lab in the US. For those joining us, we offer exciting and fast moving career opportunities where you can affect change at a rate unheard of in many organizations of our size and scope. While we invest in and develop technology to drive our innovations, our ongoing success relies on our people.

Basic Purpose:

Finance Business Partner to various Support Cost functions within Quest’s Enabling Support Cost model. The Senior Financial Analyst, Support Cost Finance reports to the Senior Manager, Support Cost Finance and will have responsibility for finance partnership with Quest’s Human Resources, Communications and Strategy & Business Development functions.  The successful candidate will have frequent and substantive interaction with direct reports of Quest’s CEO who are responsible for the Enterprise Wide Human Resources, Communications and Strategy & Business Development functions. To effectively meet the expectations of this role, the successful candidate will build working relationships and maintain open lines of communication with the direct reports of each of the leaders of the supported functions. 


Duties and Responsibilities:

•             Engage leaders within the supported functions to drive behaviors around costs and headcount. Understand the business needs of supported functions and the drivers of spend, balanced against the need for spending controls and influencing appropriate levels of spend in all areas, including expenses and capital.  Recommend appropriate    cost control initiatives, and drive adherence to these and other announced initiatives including hiring controls, spending controls, and capital spend request process.

•             Interact closely with leaders of the supported functions in development of accurate and timely operating and capital budgets, analysis of actual results vs. budget, identification of risks / opportunities to be incorporated into monthly and quarterly forecasts, monitor headcount statistics and drive best practices to facilitate stewardship of    the Company’s financial resources.   

•             Collaborate with colleagues across the finance organization to align understanding and implications of initiatives or changes within supported functions that impact other areas of the Company and vice versa.

•             Enhance value-added monthly reporting data for the functional leaders that provides actionable insights. Provide analysis to functional leaders on spending trends, watch-outs, issues, and drive actions to ensure appropriate resolution and behavior. Also, drive enhanced understanding of spend levels with Senior Manager and Director,                Support Cost Finance

•             Perform month-end close activities including coordinating with accounting colleagues to generate accruals and preparing monthly reporting packages with value-added insight.

•             Perform controls in place to appropriately account for and safeguard assets and maintain compliance with Company policy and procedures.

•             Drive and support the development and implementation of departmental goals and organization structure including enhanced Reporting requirements.


Supervision Exercised: N/A




Education Preferred:

  • 4-Year College Degree in Accounting, Finance or Engineering
  • CPA and/or MBA preferred

Work Experience:

• 2 – 5 Years relevant finance business partner experience, preferably in the health services sector.

• Strong financial acumen, critical thinking and framing and influencing skills.

• Strong knowledge of operational and financial processes and practical application of financial and strategic analysis.

• Experience with establishing annual budgets, assessing actual performance against budget and forecasting impact of variances to budget assumptions.

• Strong Excel skills, including vlookups, pivots and macros.

• Experience with data analysis and visualization applications (Microsoft Power BI, Tableau) a plus

• Experience with the PeopleSoft Financial Systems and Hyperion Essbase and Hyperion Planning a plus


Important personal attributes include:

- Outstanding communication skills (both verbal and written)

- Strategic thinking and problem solving skills, high level of integrity, ethics and discretion

- Attention to detail, exceptional analytical and project management skills

- Highly motivated, process-driven

- Solid interpersonal skills and leadership qualities

- Proactive, able to influence others and drive change

- Ability to work independently as well as part of a team

- Organized, collaborative and ability to prioritize tasks

- Ability to work with a high degree of accuracy, especially under the pressure of month-end close, forecast and budgeting cycles.

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