Senior Revenue Analytics & Recognition Lead

Quest Diagnostics Incorporated; Secaucus (NJ); On-site; USD 96,000 - 110,000; Full time

Benefits offered by this job

Health insurance

401(k) company match

Employee stock purchase plan

Paid time off

Job summary

Quest Diagnostics Incorporated in Secaucus, NJ is seeking a Senior Financial Analyst – Revenue Recognition & Analytics to own revenue recognition and related reserves for assigned areas, delivering timely insights and robust reporting.

You will partner with regional teams, analyze trends, support forecasting and budgeting, and contribute to monthly analytics and controls to safeguard assets and maximize cash flow.

Qualifications

• Bachelor's degree in Accounting or equivalent degree required.
• Minimum of 3 years of relevant experience in large public accounting firm or corporate accounting function.
• Strong computer and analytical skills.
• Excellent verbal and written communication skills.
• CPA and/or MBA is a plus.

Responsibilities

• Have full ownership and responsibility for recognition of revenue and associated receivable reserves for their responsible areas.
• Analyze receivables and related disallowance, patient price concessions & bad debt reserves to drive the decision-making process and record related journal entries.
• Develop, maintain, and distribute reporting schedules.
• Ensure an appropriate accounting control environment that tightly manages the internal control environment and integrity of the financial statements.
• Work directly with our key business partners.
• Analyze and explain significant trends and report monthly financial results.
• Contribute to monthly Revenue Analytics Reporting to Regional Leadership Teams (RFDs, General Managers, VP Commercial, VP Operations).
• Participate actively in the revenue and volume forecasting and budgeting process.
• Serve as an effective business partner to Regional Revenue Services and Finance personnel. Actively participate in monthly billing and finance meetings. Collaboratively drive initiatives and recommend solutions.
• Develop and maintain standardized best practices for revenue reporting and analysis.
• Drive continuous improvement to deliver the highest quality.
• Continually reassess customer needs and react timely to changing market dynamics.
• Proactively identify trends and collaborate with stakeholders to investigate and take appropriate action.
• Integrate data from across various groups, including Health Plan Finance, Regional finance and operations, Treasury, and Corporate Accounting to construct an overall understanding of our Revenue Performance that delivers meaningful insights.
• Support M&A initiatives, audits, and other special projects as needed.

Skills

Analytical skills

Verbal communication

Written communication

CPA or MBA (plus)

Education

Bachelor's degree in Accounting

CPA

MBA

Tools

Microsoft Excel

Job description

Quest Diagnostics Incorporated in Secaucus, NJ is seeking a Senior Financial Analyst – Revenue Recognition & Analytics to own revenue recognition and related reserves for assigned areas, delivering timely insights and robust reporting.

You will partner with regional teams, analyze trends, support forecasting and budgeting, and contribute to monthly analytics and controls to safeguard assets and maximize cash flow.