Sr. Financial Analyst - Commercial (FT, 40 Hours)

Company: BioReference Labs
Location: Elmwood Park
Posted on: May 16, 2022

Job Description:

Company OverviewThis is an exciting time to join our dynamic organization. OPKO Health is a diversified healthcare company that seeks to establish industry-leading positions in large, rapidly growing markets, including pharmaceuticals, diagnostics, and biologics. OPKO's diagnostics business includes BioReference Laboratories, the nation's third-largest and fastest growing clinical laboratory over the last 35 years, which provides diagnostic testing to physician offices, hospitals, and clinics, among others, and GeneDx, a rapidly growing genetics and genomics laboratory that applies cutting edge technologies to make efficient clinical diagnostic testing and interpretation available for individuals with rare and common genetic conditions. Come join our team and become part of something big, by making our patients and customers the highest priority.Job DescriptionWe are looking for a Sr. Financial Analyst OR Associate Finance Manager in our Elmwood Park, NJ location.Schedule: Monday to Friday 9:00AM - 5:00PMReporting to the Director of Finance Operations, this position is responsible for the timely accurate reporting of capital, inventory, operational costs, savings and variances. The Senior Financial Analyst will be responsible for Monthly Close Activities including Operations Variance Analysis and Management Reporting, and is involved with forecasts. This position also works very closely with each of the Laboratory, Operations and Commercial Finance leaders.In this role, you will build relationships with internal customers and manage inventory and other expenditures to improve efficiencies.Required Skills:Strong analytical skills, ability to identify variations and trends, spot business opportunities, develop practical recommendations and drive implementation with functional leaders.Solid accounting knowledge including full financial statement understanding and analysis skills.Must possess strong communication and organizational skills with a focus on analysis and process improvement.Flexibility to handle multiple assignments simultaneously.Other Desired Skills:Demonstrated strategic and operational thinking skills.Experience in creating reports using visualization Tools (i.e. Qlik, SAP Analytics Cloud, Tableau)Strong sense of urgency and ability to energize others when necessary.Responsibilities also include but are not limited to:Participate in the month-end close and assist with review of inventory postingsPreparing journal entries, reconciliations and memosPerform variance analysis by segmentCollaborate with the field and warehouse management to gain deep understanding of inventory usageAnalyze current and past trends in key performance indicators including all areas of revenue, margin, expenses and capital expenditures.Complete variance analysis of business performance and comparative monthly, quarterly and year to date results.Prepare monthly Variance and Flash report summaries and review with managementMaintain enhance accurate financial reporting for the Division and Regions.Review existing processes and procedures to develop and implement recommendations for improvements.Be a subject matter expert within department on customer master activitiesCoordinate test updates with Corporate Pricing Test MasterCoordinate price assignment, specialty pricing on an as needed basisManage monthly inventory summary by laboratory locationCreate and manage internal reporting dashboardsQualifications:Requires a Bachelor's Degree in Finance, Accounting or equivalent fieldA minimum of 5 years FP A, Accounting or Operations experience in the diagnostics industry.Both Finance and General Accounting knowledge are required as well as effective organization, planning and interpersonal skills.Must be able to successfully operate with minimal supervisionStrong proficiency with Excel, as well as proficiency with other Microsoft Office tools (Word, PowerPoint, Outlook, etc.)Knowledge of capital budgeting, including IRR / NPV principals and product costing methodologiesBioReference Laboratories is an Equal Opportunity Employer

Keywords: BioReference Labs, New York , Sr. Financial Analyst - Commercial (FT, 40 Hours), Professions , Elmwood Park, New York