Quest Diagnostics

Sr. Manager, Regional Finance (Hybrid - 3x week in Clifton, NJ)

Quest Diagnostics$125K — $160K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Finance, Accounting, or related field; MBA and/or CPA preferred.
  • 10+ years of finance experience, especially in commercial finance/business partnership roles.
  • Strong collaboration skills with Commercial and Finance teams.
  • Demonstrated experience in leadership or supervisory roles.
  • Strategic thinker with ability to convert complex data into insights and recommendations.
  • Proficient in financial modeling, modern data analysis tools, and embracing AI.
  • Excellent communicator, capable of building relationships with senior leaders.

Responsibilities

  • Act as a strategic financial advisor to guide decision-making and profitability analysis.
  • Drive growth initiatives and RFPs through critical financial analysis and pricing strategies.
  • Deliver data-driven insights to shape regional market strategy.
  • Collaborate with Legal and Compliance teams on customer agreements.
  • Forecast revenue and volume, delivering monthly performance insights.
  • Analyze profitability for key investments to ensure ROI.
  • Serve as the finance contact for Commercial, providing ad-hoc pricing and billing system analysis.

Benefits

  • Opportunity to participate in annual performance-based bonuses.
  • Engagement in strategic decision-making at leadership levels.
  • Access to modern analytics tools and AI technology for process improvement.
  • Collaboration with various functions across the organization.
Full Job Description
JOB DESCRIPTION

Pay Range: $125,000 - $160,000 / 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.

 

As a key financial leader and strategic business partner, the Senior Commercial Finance Manager will drive top-line growth for the East Region. In close partnership with the Regional Finance Executive Director and the Commercial leadership team, you will shape our growth strategy by providing critical financial insights and analysis for new business opportunities, strategic initiatives, and health plan contract negotiations. This role will maintain ownership of volume and revenue forecasting that supports our financial plan.


JOB RESPONSIBILITIES

Strategic Financial Leadership & Business Partnership

  • Act as a strategic financial advisor to Commercial and Regional leadership, modeling new business opportunities and providing profitability analysis to guide decision-making.

  • Drive strategic growth initiatives and RFP responses by providing critical analysis and pricing recommendations.

  • Shape regional market strategy by delivering data-driven insights and financial recommendations.

  • Collaborate with Legal and Compliance teams to ensure customer agreements are sound and follow appropriate guidance.

Performance Management & Analytics

  • Lead the forecasting of revenue and volume, providing monthly outlooks and insights into performance drivers.

  • Develop and analyze profitability for key investments, including In-Office Phlebotomists (IOPs), Patient Service Centers (PSCs), and connectivity solutions to ensure ROI.

  • Monitor test utilization against contracts to ensure profitability and identify opportunities for optimization.

  • Partner with the Centralized Revenue Recognition and Analytics team to ensure accurate financial reporting and to deliver insightful variance analysis.

Operational Excellence & Process Improvement

  • Serve as the key finance contact for the Commercial team, providing ad-hoc analysis on pricing, payor mix, and billing systems to resolve issues and enable sales.

  • Partner with the Revenue Cycle Management team to align on priorities and address billing issues.

  • Play a pivotal role in the creation of the Annual Operating Plan (AOP) and the subsequent revenue and volume budget.

  • Leverage AI and modern analytics tools to drive efficiencies and generate deeper insights via prompt engineering and agent building.


JOB QUALIFICATIONS
  • A Bachelor’s Degree in Finance, Accounting, or a related field; an MBA and/or CPA is highly desirable.
  • 10+ years of progressive experience in a finance role, with a strong preference for experience in a commercial finance or business partner capacity.
  • Strong business partnering with Commercial, Finance and other related functions.
  • Proven experience in a supervisory or leadership role.
  • A strategic and analytical mindset with a demonstrated ability to translate complex data into actionable insights and strategic recommendations.
  • Expertise in financial modeling and analysis, with proficiency in modern data analysis tools and a willingness to embrace AI to drive efficiency.
  • Exceptional communication and influencing skills, with the ability to build strong partnerships with senior leaders and cross-functional teams.
  • A proactive, results-oriented approach with a passion for driving business growth and making an impact.

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.

Job Alert Emails

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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