Sr. Financial Analyst

Company: Quest Diagnostics
Location: West Palm Beach
Posted on: November 26, 2022

Job Description:

The Senior Financial Analyst performs quantitative analysis in a supporting role for the Finance department and assists with various projects and ad hoc requests.The Sr. Financial Analyst position will reside at the Palm Beach Gardens, FL or Secaucus, NJ site.

• 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 (including cost of testing analytics), volume analysis and reporting, annual AOP preparation, pricing and billing analysis, integration analysis, month end variance analysis and reporting, and physician compensation plan analysis and reporting.
• Ownership of multiple practice P&Ls and Balance Sheets. Partner with practice leadership to develop business plans, OM expansion initiatives, and detail analysis/proformas of current and future state profitability.
• 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, AOP and ad hoc requests.
• 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.
• Calculate and administer physician compensation calculations. Ensure accuracy to contract and timeliness of payments. Develop modeling of compensation plan changes and initiatives as requested
• 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 call discussions and advise on necessary changes and updates.
• Monitor, review and approve 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.
• Support Finance Manager and Director with various ad-hoc information requests. Perform routine and special projects as requested to achieve goals of the division and company.
• Develop reporting to provide field with information required to make key business decisions. Assist with business cases and financial analysis to support business decisions
• Assists with pricing analysis & analytics, partnering with Sales and Field Operations on compliance standards and strategic initiatives.Education Preferred:BA/BS degree in a Finance or Business-related field.Work Experience:3 - 5 years relevant Financial Analysis experience, preferably in the medical industry.Other:Strong Excel skills. Knowledge of Database 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 Requirements10-25%

Keywords: Quest Diagnostics, Miami , Sr. Financial Analyst, Professions , West Palm Beach, Florida