Sr. Financial Analyst- Secaucus, New Jersey
Posted on: 27 Mar 2021
Secaucus, NJ
Job Description
Job Description
Sr. Financial Analyst - Secaucus, New Jersey
Core Reporting Responsibilities:
Monthly Pre-Close / Impact Reporting
o Lead internal Health Plan Finance Pre-Close process to consolidate updates on current negotiations and price impacts vs. budget, including working with Contract Support analysts on completeness and accuracy of Contract Management Database (Master Tracker) entries.
o Represent Health Plan Finance on Regional Finance Analytics Pre-Close call to coordinate with Revenue Recognition and Regional Finance.
o Key liaison to Regional Finance Analytics for Monthly Impacts file, ensuring impacts and budget vs. actuals are accurate and working with Sr. Manager of Regional Finance Analytics on process improvements.
o Maintain all supporting data files for budgeting and reporting, including, but not limited to, contract renewals, contractual obligations, Medicare & Medicaid sensitive.
Monthly Day +6 Deck
o Builds Day +6 deck for Commercial Leaders, including unit price, leakage and denials performance.
o Uses price-volume reporting to proactively solve for variance and reimbursement issues
Weekly Covid Tracking
o Owns the COVID Pricing and Agreement tracking process, as well as monthly COVID pricing analyses
Quarterly Analyst Binder
o Manage calendar and consolidate updates from Health Plan Account Executives and other business partners for the Quarterly Earnings Call, ensuring robustness of updates for CEO, CFO, & VP of Investor Relations
Annual Operating Plan (AOP) Process:
Responsible for developing Health Plan business planning calendar and AOP template
Lead consolidator from planning and reporting perspective for Health Plan Unit Price impacts
Facilitates AOP creation by aligning with HPF Contract Support, Regional Health Plan Directors & Regional Finance Directors
Prepare AOP summary slides for members of Senior Leadership
Key liaison to Price Performance and Deal Protocol to ensure communication and consistency in overall Pricing Plan of Record (PPOR)
Collaborate with HPF analyst responsible for Sales Compensation to ensure accuracy
Special projects, as needed.
Job Requirements:
BA/BS in Finance, Economics or related field
A minimum of three years financial analysis experience, including budgeting, forecasting, and actuals reporting
Strong data management skills
Strong skills in Microsoft Excel and PowerPoint, coding proficiency in Access a plus
Proficiency in other Microsoft products (Access, Word) as well as Internet/Web applications such as Cognos
Excellent verbal and written communication skills
Key Competencies:
Organizational skills and managing to deadlines
Influencing without authority
Strong financial and analytical skills
Resourcefulness and flexibility
Positive attitude and good people skills
Ability to work effectively both independently and within a team
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
