Financial Analyst/Sr. Financial Analyst
Posted on: 1 Feb 2021
Secaucus, NJ
Job Description
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 Quests 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, SOPs, 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
Qualifications
Bachelors 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
Leadership:
Recognize that everyone has opportunities to lead, and demonstrate leadership
Demonstrate tactical and strategic thinking leadership skills
Demonstrate the highest level of integrity
Influencing:
Challenge the status quo
Possess backbone, an ability to push back and hold ground
Continually raise the bar
Interpersonal:
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
Quest Diagnostics
Secaucus, NJ
Company Overview
Quest Diagnostics empowers people to take action to improve health outcomes. Derived from the world's largest database of clinical lab results, our diagnostic insights reveal new avenues to identify and treat disease, inspire healthy behaviors and improve health care management. Quest annually serves one in three adult Americans and half the physicians and hospitals in the United States, and our 46,000 employees understand that, in the right hands and with the right context, our diagnostic insights can inspire actions that transform lives.
At a Glance
Quest Diagnostics is the world’s leading provider of diagnostic information services
Generated 2018 revenues of approximately $7.53 billion
Publicly trades common stock on the New York Stock Exchange (NYSE: DGX). More in Investor Relations
Ranks as a component of the S&P 500
Touches the lives of 30 percent of American adults each year
Serves about half of the physicians and hospitals in the U.S
Access to approximately 90% of U.S. insured lives
Engages workforce of about 46,000 employees dedicated to putting patients first every day
More than 6,600 patient access points, the most extensive network in the U.S.,
including phlebotomists in physician offices and more than 2,250 of our own
patient service centers
A medical and scientific staff of more than 600 M.D.s and Ph.D.s
Logistics capabilities, that include approximately 3,750 courier vehicles and 25 aircraft that collectively make tens of thousands of stops daily
Offers physicians a test menu that is industry leading in breadth and innovation. Our test menu ranges from routine biological tests to complex and specialized molecular and gene-based testing as well as anatomic pathology
Provides a broad range of solutions for employers, including workplace drug testing for employers and government agencies; the Blueprint for Wellness employee wellness service; and risk assessment services for the life insurance industry
Publishes original research in peer reviewed publications, at medical and scientific conferences, and as a public service. Quest Diagnostics Health Trends reports examine trends in diseases based on the company’s United States database. Quest Diagnostics Drug Testing Index (DTI) reports examine trends in workplace drug testing, and have been considered a benchmark for U.S. workforce drug positivity trends since 1988
Recognition
Named to Fortune Magazine's 2019 World's Most Admired Companies list in the Health Care industry category of "Pharmacy and Other Services" for the third consecutive year
Among FORTUNE® Magazine's 2018 Fortune 500® companies
Ranked on the Forbes® 2018 Global 2000
Ranked on the “Barron’s 500” list of top-performing large companies for 2017
Named a member of the Dow Jones® Sustainability World and North America indexes since 2004 (DJSI World) and 2005 (DJSI North America). The Dow Jones Sustainability World Index represents the top 10% of the leading sustainability companies out of the biggest 2,500 companies in the Dow Jones Global Total Stock Market Index
Earned a place on the annual Newsweek Green Rankings, for the fourth consecutive year on the 2017 U.S. list
Consistently named one of the best places to work in U.S. business journal rankings, including Forbes® 2018 America's Best Large Employers
Achieved Cancer Gold Standard™ accreditation from the CEO Roundtable on Cancer, recognizing our important actions to reduce the cancer risk of employees and their families
Received a rating of 100 from the Human Rights Campaign on the 2018 Corporate Equality Index, earning the distinction of being a "Best Place to Work for LGBT Equality"
Named a DiversityInc Noteworthy Company for the second consecutive year in 2018
Read more about awards and honors.
Read more about our Reputation Honors and Corporate Social Responsibility programs.
Products and Services
Diagnostics information services
Clinical trials
Healthcare IT
Wellness & risk management
Drug Screening
Read more about products and services.
Operations
Headquarters in the U.S.: 500 Plaza Drive, Secaucus, New Jersey 07094
Approximately 2,200 patient locations and dozens of clinical laboratories throughout the U.S.
In addition to the U.S., Quest Diagnostics operates clinical laboratories in laboratory facilities in Gurgaon, India; Heston, England; Mexico City, Mexico; and San Juan, Puerto Rico
-
IndustryHealthcare
-
No. of EmployeesApproximately 45,000
-
Website
-
Jobs Posted8045
