Quest Diagnostics

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

Quest Diagnostics$90K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • BS in Business, Accounting, or Finance
  • Minimum 4 years of experience in Finance, Project Management, or Customer Solutions roles
  • Strong understanding of QDSS tables and billing account linkages
  • Knowledge of laboratory industry payors, CPT coding, and billing dynamics
  • Intermediate/Advanced skills in MS Excel, MS Access, MS SQL, Oracle SQL, Tableau, and Power BI
  • Creative thinking and problem-solving skills
  • Strong project management and organizational skills

Responsibilities

  • Maintain accurate administrative fee reporting through cross-referencing client numbers and GPO memberships
  • Analyze client revenue monthly/quarterly to compute administrative fees for GPO contracts
  • Deliver comprehensive reporting to stakeholders and GPO customers regularly
  • Audit new setups for consistency with fee schedules and GPO membership tracking
  • Investigate negative revenue trends to ensure correct tracking for administrative payments
  • Sustain cross-references between service codes and relevant Federal supply categories
  • Develop and streamline reporting processes to align with corporate strategies for GPO customers
  • Collaborate with internal teams to ensure compliance with GPO contract terms

Benefits

  • Annual performance bonus eligibility
  • Opportunity to work in a collaborative environment
  • Exposure to cross-functional project leadership
  • Access to advanced analytics tools and methodologies
  • Growth potential within the Finance and Commercial Organization
Full Job Description
JOB DESCRIPTION

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.

 

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.


JOB 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.

JOB QUALIFICATIONS

Education:

  • BS in Business, Accounting, or Finance

 

Required Work Experience: 

  • 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

 

About Quest Diagnostics

Celera is a healthcare business that uses knowledge of human variability to provide new tests and services to personalize disease management. Their Products business develops and manufactures molecular diagnostic products that are used by hospitals and other clinical laboratories to detect, characterize, monitor and select treatment for disease. They have a distribution agreement with Abbott, through which they develop and commercialize a wide range of molecular diagnostic products, with Abbott serving as the distribution partner.

Quest Diagnostics Careers

Joining Quest Diagnostics means becoming part of a team committed to everyday excellence and innovation in health. As a leading provider of diagnostic insights, Quest Diagnostics offers unparalleled job opportunities in the medical and scientific sectors, making it an ideal place for professionals seeking growth and development in their careers.

Work You’ll Do

At Quest Diagnostics, you will contribute to a culture that values integrity and accountability, where your work significantly impacts patient health and community well-being. Our diverse team of professionals leverages cutting-edge technology and data to lead advancements in diagnostics and healthcare solutions.

Explore Career Opportunities

Whether you're looking for a position in the lab, a leadership role, or a support function, Quest Diagnostics provides a breadth of opportunities. Our commitment to professional growth includes robust training programs and opportunities for advancement, ensuring that every employee can thrive professionally.

Innovate with Us

Join a team where innovation is at the heart of what we do. At Quest Diagnostics, your skills in science, technology, and beyond can help drive transformation in healthcare services. Our collaborative environment encourages creativity and out-of-the-box thinking to improve patient outcomes and streamline processes.

Internship and Employment Opportunities

Start your career path with Quest Diagnostics through our internship programs or full-time employment opportunities. We are committed to hiring talented individuals who are passionate about building a rewarding career in healthcare. Our internships provide a solid foundation in industry-specific skills and networking opportunities, setting the stage for a successful career.

Benefits and Culture

Quest Diagnostics is dedicated to fostering a workplace where diversity and inclusion are embedded in our DNA. From competitive benefits and wellness programs to diversity training and flexible work arrangements, we ensure our employees have what they need to succeed both professionally and personally.

Leadership and Development

We believe in nurturing leadership skills at every level of the organization. Quest Diagnostics offers various leadership programs designed to help you grow as an influential professional. With continuous learning and development, you can expand your expertise and take on new challenges.

Join Our Team

Search open positions that match your skills and interests. At Quest Diagnostics, we look for driven, curious, and innovative team players who are ready to make a difference. Explore the many facets of our business, from scientific research to client services, and find where you can make your mark.

Stay Connected

Keep up to date with career tips, industry insights, and the latest innovations at Quest Diagnostics. Our careers blog offers valuable information to help you navigate your professional journey effectively.

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Customize your subscription to receive job alerts and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Quest Diagnostics. At Quest Diagnostics, every role has an impact. Embark on your career journey with us and transform the landscape of healthcare through the power of insight.
Learn more about Quest Diagnostics
Size
40,000 employees
Market Cap
$17.8 billion
Industry
Net Income
$1.4 billion
Founded
1959
5 Year Trend
+7.5%
Revenue
$9.4 billion
NASDAQ

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