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Quest Diagnostics
Quest Diagnostics
Irving, TX | Full Time
$89k-108k (estimate)
1 Month Ago
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Sr. Financial Analyst, Commercial Finance Southwest Region
Quest Diagnostics
$89k-108k (estimate)
Full Time | Ancillary Healthcare 1 Month Ago
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Quest Diagnostics is Hiring a Sr. Financial Analyst, Commercial Finance Southwest Region Near Irving, TX

Overview

The Sr. Financial Analyst – Commercial Finance will partner with the Southwest Region Commercial Team to drive profitable topline growth. Through accurate analyses and financial modeling, this role will provide insight into commercial activity to understand true revenue opportunities and profitability and identify ways to maximize topline performance. Additionally, the role will be responsible for producing volume reporting and analyses for the total region to include understanding trends against forecast assumptions and historical performance. This position assists with various recurring and non-recurring projects initiated by the Finance Manager and Director. The position will report into the Commercial Finance Manager and collaborate with various Corporate Finance groups

Responsibilities

  • Builds financial models required for evaluating the profitability and revenue opportunity of new and prospective commercial opportunities
  • Conducts test mix/utilization and payor level analyses to provide insights into account level profitability
  • Responsible for managing the regional volume reporting tool to include forecasting volume along with providing insights into business and account level drivers
  • Communicates effectively with commercial business partners to ensure Physician Pricing is profitable and compliance thresholds are met
  • Serves as the regional point of contact for the commercial function in the Physician Account Management process to mediate accounts that are unprofitable and have fallen out of compliance
  • Partners with Revenue Recognition & Analytics and Commercial Finance & Analytics to ensure accurate topline reporting and to communicate regional insights from commercial activity
  • Partners with Billing to drive improvements in patient price concessions and bad debt
  • Conducts ad-hoc analyses and works cross-functionally on projects as needed

Qualifications

  • Bachelor’s degree required (preferably in accounting or finance)
  • Minimum of three years relevant financial analysis experience
  • Strong financial modeling/analytic skills with the ability to turn data into actionable insights
  • Ability to multitask successfully in a changing environment with competing tasks and priorities
  • Ability to work effectively cross-functionally in a matrix environment and build/maintain relationships
  • Excellent verbal and written communication skills
  • Ability to work effectively both independently and within a team
  • Experience in Microsoft Excel, PowerPoint, and Word

While we appreciate and value our staffing partners, we do not accept unsolicited resumes from agencies. Quest will not be responsible for paying agency fees for any individual as to whom an agency has sent an unsolicited resume. 

EEO

Quest Diagnostics is an equal employment opportunity employer. Our policy is to recruit, hire and promote qualified individuals without regard to race, color, religion, sex, age, national origin, disability, veteran status, sexual orientation, gender identity, or any other status protected by state or local law. Quest Diagnostics observes minimum age requirements established by federal, state and/or local laws, and will ask an applicant for verification when deemed necessary. 

Job Summary

JOB TYPE

Full Time

INDUSTRY

Ancillary Healthcare

SALARY

$89k-108k (estimate)

POST DATE

05/19/2024

EXPIRATION DATE

05/17/2025

WEBSITE

questdiagnostics.com

HEADQUARTERS

SECAUCUS, NJ

SIZE

15,000 - 50,000

FOUNDED

1967

CEO

STEPHEN H RUSCKOWSKI

REVENUE

$5B - $10B

INDUSTRY

Ancillary Healthcare

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About Quest Diagnostics

We are the worlds leading provider of diagnostic testing services with a medical and scientific staff of approximately 900 MDs and PhDs, an extensive network of convenient patient locations and laboratories and a range of complementary diagnostic products. Our advanced health information technology solutions enable better healthcare decisions today, and our support of clinical trials is helping to find the cures of tomorrow. Quest Diagnostics is driven to discover and deliver diagnostic insights and innovations that help to improve human health. Athena Diagnostics is a leader in diagnostic tes ... ting for neurological diseases. Our team at Athena Diagnostics develops and offers innovative tests for Alzheimer's disease, spinal muscular atrophy and other neuromuscular and developmental disorders. More
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