Financial Analyst/Sr. Financial Analyst in Secaucus, NJ at Quest Diagnostics

Date Posted: 12/28/2020

Job Snapshot

Job Description

Financial Analyst/Sr. Financial Analyst - Secaucus, NJ

*** Based on experience, candidates may be considered for both Financial and Senior Financial Analyst opportunities.

Operations Finance (formerly OCA) is a Finance Center of Excellence that is responsible for the analysis, forecasting and budgeting of operating costs for Quest’s core businesses, the Diagnostic Information Services (approximate $6.3B in OpEx).  The OF team works closely with the regional Finance teams, assisting in analysis and forecasting of all expenses across the region and within the different functions. Each analyst is assigned a specific region to specialize in and develop deep knowledge, while cross training on other regions to understand the company as a whole and best practices. This position supports the Esoteric business which is our specialty and complex testing services, and the consolidation of the Esoteric sites.

This is a high growth position that offers the candidate the opportunity to learn about financial analysis, diagnostics, & the healthcare industry. Analysts who have rotated from our group have moved into areas of Finance such as Financial Planning and Analysis (FP&A), Capital Investment & Analysis, Regional Finance, Clinical Franchise Finance, the Operations Excellence, IT Finance, as well as other functional areas. Many analysts have also been promoted both within the group as well as into other Finance groups. The role reports to the Senior Manager of Operating Cost Analytics.

Through using your analytical and problem-solving skills in the monthly reporting process, you will be providing key decision makers actionable information to assess business performance. Responsibilities will reach beyond the department and require the building of relationships with various levels of Corporate, Regional Finance, and Esoteric Finance teams.

Responsibilities include:

•          Analysis and explanation of monthly financial results and variances

•          Consolidate and optimize Esoteric monthly reporting practices

•          Own the forecasting and budgeting process in consolidating the esoteric region into the total company DIS umbrella

•          Become an expert in our financial systems - Oracle/Hyperion Essbase with Smart View

•          Develop and maintain standardized best practices regarding the reporting and analysis of operating costs

•          Drive continuous improvement to deliver the highest quality analysis (create processes, SOP’s, checklists, system configuration and tools)

•          Calculate, report, and analyze business performance metrics

•          Integrate data from various groups (Pathology, Professional Lab Services, Operations, IT, Invigorate, Ops Excellence, Regional Finance, Esoteric etc.) to construct an overall understanding of business performance

•          Contribute to monthly OF reporting to Senior Leadership Teams (CFO, RFDs, SVP Commercial, SVP Operations) through the production of effective monthly reports

•          Serve as both an effective supplier and customer to other members of the OF team.  Supply other members of the team with top down insights, standard analytics, and accurate forecasting.  Gain from other members of the team insights on local market dynamics, trends and 1x events. Leverage these insights to influence    new tools, analytics, and insights 

•          Serve as a resource for the Regional/Esoteric Finance Teams when they have needs that conflict with the close schedule (such as accrual guidance, cost accounting, and presentations)

•          Exemplify Quest Finance’ ABP Competencies (Financial Acumen, Critical Thinking, Framing & Influencing)

•          Continually reassess customer needs considering business/market dynamics, proactively identifying trends and working with Business Partners to adjust deliverables accordingly

•          Be actively committed to personal development through the continuous maintenance of an Individual Development Plan, engage in training and learning opportunities, and have an active mentoring relationship.  Set goals and develop a vision to obtain those goals. 

•          Foster individual growth and improvement through taking on special projects


•         Bachelor’s degree in Finance or Accounting

•         Critical thinking/problem solving, and the instinct to take initiative and drive projects to completion

•         A minimum of two years of relevant work experience

•         CPA and/or MBA or progress towards is a plus

Other considerations:

Important Personal and Other Attributes:
Intellectual Horsepower
Strong analytical and computer skills
High level of intuition
Organization and attention to detail

Recognize that everyone has opportunities to lead, and demonstrate leadership 
Demonstrate tactical and strategic thinking leadership skills
Demonstrate the highest level of integrity

Challenge the status quo
Possess backbone, an ability to push back and hold ground
Continually raise the bar

Strong communication skills (both verbal and written)
Presentation skills and ability (to highest level in organization)

Demonstrate a sense of urgency:
Possess an appropriate level of “fire in the belly”
Possess an insatiable sense of curiosity
Customer service focused
Performance and process driven (Action oriented self-starter)
Personal Leadership :
Strive for continuous personal development
Ability and desire to subsequently be promoted into higher positions

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