Sr. Financial Analyst, GPO Finance (open to various locations)
Secaucus, NJ - USA
Department:
Job Summary
Pay Range: $90000 - $110000 / year
Salary offers are based on a wide range of factors including relevant skills training experience education and where applicable certifications obtained. Market and organizational factors are also considered. Successful candidates may be eligible to receive annual performance bonus compensation.
Benefits Information:
We are proud to offer best-in-class benefits and programs to support employees and their families in living healthy happy lives. Our pay and benefit plans have been designed to promote employee health in all respects physical financial and developmental. Depending on whether it is a part-time or full-time position some of the benefits offered may include:
Day 1 Medical supplemental health dental & vision for FT employees who work 30 hours
Best-in-class well-being programs
Annual no-cost health assessment program Blueprint for Wellness
healthyMINDS mental health program
Vacation and Health/Flex Time
6 Holidays plus 1 MyDay off
FinFit financial coaching and services
401(k) pre-tax and/or Roth IRA with company match up to 5% after 12 months of service
Employee stock purchase plan
Life and disability insurance plus buy-up option
Flexible Spending Accounts
Annual incentive plans
Matching gifts program
Education assistance through MyQuest for Education
Career advancement opportunities
and so much more!
This position is part of Finance and supports the Commercial Organization. The position will work on GPO Administrative Fee payment reporting and analytics in partnership with National and Regional Sales and Operations. Work with National and Regional GPO Account leadership to implement reporting and analytics for new / renewed GPO contracts (where applicable). Other ad-hoc projects with emphasis on GPO membership control reviews and analytics of GPO contract performance.
Responsibilities
- Maintain cross-reference of Quest Diagnostics client numbers and all GPO membership rosters to ensure accurate administrative fee reporting.
- Analyze monthly/quarterly client revenue to determine administrative fee amounts due for each GPO contract under management.
- Deliver monthly/quarterly/annual reporting to stakeholders and GPO customers.
- Audit new account setups to ensure consistency between fee schedule assignment and GPO membership tracking.
- Audit negative revenue trends to ensure all accounts in a consolidated invoice are tracking appropriately for administrative fee payment.
- Maintain cross-reference of Quest Diagnostics service codes and the Federal Supply Services 621 II Category list (aka SIN bucket).
- Develop and implement reporting processes to support and enhance the corporate strategies and initiatives for GPO customers.
- Understand the impact and provide analysis of GPO membership changes and challenge any non-standard practices to ensure integrity in tracking for administrative fee payment.
- Resolve all issues and communicate outcome to stakeholders.
- Maintain Microsoft Access Databases Microsoft Excel Spreadsheets Microsoft SQL queries and Oracle SQL queries used in the monthly reporting processes.
- Develop new tools and processes to streamline administrative fee tracking payment and reporting.
- Collaborate with the RFP team to provide any needed data/analytics for GPO related RFIs or RFPs.
- Collaborate with Sales Support/Customer Solutions/Pricing Ops/CB&S to ensure Pricing and Account Setup for GPO customers are in compliance with GPO contract terms.
- Collaborate with Regional Finance teams to transition any local/regional GPO administrative fee payment to GPO Finance.
- Develop and lead cross-functional projects to align Pricing and Account Setup to GPO contract terms.
Qualifications
Education:
- BS in Business Accounting or Finance
Required WorkExperience:
- Minimum 4 years experience working in Finance Project Management or Customer Solutions type roles
Knowledge:
- Strong understanding of QDSS tables and billing account linkages
- Knowledge of laboratory industry payors CPT coding and billing environment relative to reimbursement/pricing dynamics
- Intermediate/Advanced level knowledge of MS Excel MS Access MS SQL Oracle SQL Tableau Power BI
Skills:
- Demonstrated creative thinking problem solving
- Ability to collaborate cross functionally on projects
- Demonstrated presentation and communication skills
- Strong ability to analyze and work with large datasets to accomplish project goals
- Strong interpersonal communication and organizational skills
- Strong project management skills with the ability to prioritize daily responsibilities
Required Experience:
Senior IC
About Company
Quest Diagnostics (NYSE: DGX) 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 mana ... View more