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

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

    Quest Diagnostics

    • Full-time
    • Clifton, NJ, US
    • 2d ago

    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.

    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!

    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.

    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.

    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 The Team

    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.

    Quest Diagnostics

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