What are the responsibilities and job description for the Sr. Financial Analyst, GPO Finance (open to various locations) position at Quest Diagnostics?
Pay Range: $90,000 - $110,000 / 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
63820
Quest Diagnostics honors our service members and encourages veterans to apply.
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.
Equal Opportunity Employer: Race/Color/Sex/Sexual Orientation/Gender Identity/Religion/National Origin/Disability/Vets or any other legally protected status.
Salary : $90,000 - $110,000