Processing Specialist Financial Analyst

SOFIA VEYTSMAN

Richboro, Pennsylvania ***** 267-***-**** **********@*****.*** linkedin.com/in/sofia-veytsman/ FINANCE LEADER

Finance Manager with extensive experience in Accounting and Finance working in clinical laboratories industry. Areas of expertise include administrating budgeting, forecasting and financial analyses to identify savings and increase profitability. Background in Clinical Trials, Sales Finance, Accounts Payable and General Accounting. Recognized for identifying challenging work goals and creating effective solutions. Quality and timeliness of results are consistently delivered under challenging circumstances. Strengths include coaching, training, leadership and developing positive relations with cross-functional teams. Key skills include:

Financial Management Budgeting Reporting & Analysis Client Service Leadership Compliance Process Improvement PROFESSIONAL EXPERIENCE

QUEST DIAGNOSTICS September 2019 – December 2022

Senior Financial Analyst, Cost Analytics

Analyzing and reporting cost of testing using Quest developed system ACORN.

Worked with North-East Quest business units analyzing the cost data to define savings opportunities and ways to streamline operational processes.

Responsible for the month end close process using ACORN system: implemented updates from PeopleSoft, Supply system, Fixed Assets, Test volumes, FTE & headcounts.

Updated Quest pricing systems for current cost of testing for all Quest across the board.

Monitored supplies savings opportunities every month, worked with Material Management & Laboratory Managers on supplies discrepancies and potential savings.

Communicated and presented financial analysis to Laboratory management: monthly supplies spending, changes in cost of testing and anomalies in expenses. Q2 SOLUTIONS Quintiles/Quest Diagnostics Joint Venture July 2015 – May 2019 Finance Manager

Oversaw and recorded North America intercompany and international financial transactions.

Participated in saving initiatives teams for savings in procurement and sent outs tests.

Prepared monthly analysis for CFO review. This included detailed research monthly financial results for expenses and expense variances to budget and forecast.

Developed close notes and presented to Senior Management. Focused on operating margin review and bridged variances to budget and forecast.

Established close relationship with lab management by consistently providing financial data helpful in making business decisions, monitoring regular expenses and resolving unexpected implications.

Provided financial support covering 3 time zones: east coast, west coast and European time.

Supported all rising issues in the integration process between Quest Diagnostics CT and Quintiles. QUEST DIAGNOSTICS 1991 - June 2015

Senior Financial Analyst Clinical Trials March 2014 - June 2015 Developed and analyzed monthly and quarterly expense forecast and annual budget.

Performed monthly close process in the international environment and prepared detailed expense variance analysis. Compiled month end close package and operational margin walk. Sofia Veytsman **********@*****.*** Page 2

Reviewed monthly functional P & L with functional leaders. Tracked capital expenditure in coordination with budget & forecast.

Interacted with UK & US staff to discuss implications, remedies for operational and financial variances. Provided training to non-financial staff to ensure understanding and monitoring of expenses for their departments.

Senior Accountant Mid Atlantic BU September 2009 - October 2013 Finance Liaison and Ambassador to Lab Technical Departments, Sales and Logistics. Supported Baltimore and Philadelphia Business Units with financial analysis.

Responsible for multiple month end Journal Entries and Balance sheet reconciliations. Monthly forecast and annual budget activities.

Conducted Fixed Assets inventory tracking and clean up. Functional Departments inventories review and audits. PSC Business Licenses control and gross receipts calculations. Conducted FTE monthly analysis. and quarterly Royalty reporting.

Prepared and conducted Internal Control Evaluations and Sarbanes Oxley Act (SOX) Audits for Baltimore Business Unit.

Performed period analysis of financial results. Reviewed and controlled P & L to ensure completeness and accuracy of financial statements so they can best be used to support business decisions. Senior Financial Analyst 2000 - August 2009

Prepared Physician Sales Budget for Mid Atlantic Business Units – Horsham & Baltimore.

Awarded by Controller for budget completions and revisions in timely manner.

Calculated sales budget quotas for Sales Representatives.

Prepared volume, revenue and reimbursement reports and data analysis. Made recommendations to management based on monthly reporting and interpreted financial performance for business unit.

Conducted special analysis for the sales team in support of management business decisions.

Supported hospital and physician sector directly with pricing and profitability analysis with emphasis on retaining profitable customers and gaining new clients.

Responsible for pricing reconciliation based on business unit guidance between national contracts, existing fee schedules and issued retro payments to the clients if necessary. PREVIOUS QUEST DIAGNOSTICS EXPEREINCE

Cost Analyst

Accounts Payable Coordinator

Accounting Assistant

EDUCATION

Master of Science, Engineering - University of Odessa, Ukraine Certificate of Computer Processing Specialist - SCS Business & Technical Institute, Philadelphia, PA TECHNICAL TRAINING / SKILLS

MS Office Applications (Word, Excel, PowerPoint, Access, Outlook) Quest Lab System, Quest Billing System, QDSS, Sybase Databases, PeopleSoft, Dun & Bradstreet

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