Sr. Financial Analyst, GPO Finance (open to various locations)

Quest Diagnostics•Secaucus, NJ

21h•Remote

About The Position

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.

Requirements

BS in Business, Accounting, or Finance
Minimum 4 years' experience working in Finance, Project Management, or Customer Solutions type roles
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
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

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.

Benefits

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