Logo for Baylor Genetics

Margin and Operations Finance Manager

Role overview

Summary

This role serves as FP&A's primary finance partner to laboratory operations, focusing on establishing visibility into costs and margins. You will support operational decisions that enhance scalability and profitability while maintaining a clear distinction from historical cost accounting responsibilities.

Qualifications

  • Bachelor's degree in Finance, Accounting, Economics, Industrial Engineering, Operations, or related field required.
  • Typically 7+ years of progressive FP&A, operations finance, or cost analytics experience.
  • Strong knowledge of cost behavior, fixed versus variable cost structures, and operational-driver modeling.
  • Strong written and verbal communication skills with the ability to present complex issues to senior leadership.
  • Preferred: Advanced Excel and financial-modeling skills; Workday Adaptive Planning or comparable EPM experience

Responsibilities

  • Own the forward-looking FP&A forecast for cost of services using operational drivers.
  • Translate revenue and operating assumptions into gross-margin outlooks by major test type.
  • Develop and maintain cost-per-test and cost-to-serve models to identify economic drivers.
  • Analyze staffing, overtime, and productivity to connect operational measures to labor cost and margin outcomes.

Key facts

  • Remote from: United States
  • Full time
  • Senior (5-10 years)
  • Finance Operations Manager
  • English

Hard skills

Other skills

  • Forecasting
  • Diagnostic Skills
  • Communication
  • Collaboration
  • Analytical Thinking

About the company

Baylor Genetics logo

Baylor Genetics

  • Diagnostics & Laboratories
  • 501–1,000
Baylor Genetics is a leading diagnostic genomics partner offering a full spectrum of clinically relevant genetic testing, including Whole Genome Sequencing, Whole Exome Sequencing, and focused panels. Baylor Genetics combines rapid and comprehensive precision diagnostics options with the support of genetic counselors to help clinicians avoid a lengthy diagnostic odyssey for their patients, guide medical management, and ensure no patient with a genetic disorder gets left behind. Baylor Genetics’ testing menu covers family planning, pregnancy, neonatal and pediatric testing, oncology, and many other specialized testing options. Located in Houston’s Texas Medical Center, Baylor Genetics serves clients in 50 states.

Your match analysis

See how your profile stacks up against this role.

We compared the job requirements to your profile to show where you're strong and where you fall short.

Job description

JOB SUMMARY 

The Manager, Margin & Operations Finance will serve as FP&A's primary finance partner to laboratory operations and related operating functions. The role will establish forward-looking visibility into cost of services, gross margin, cost-to-serve, capacity, labor productivity, reagent and consumable utilization, supply-chain economics, and operational improvement initiatives. The Manager will translate operating activity into financial outcomes and support decisions that improve scalability and margin while maintaining a clear separation from Controllership's ownership of historical cost accounting, inventory valuation, accounting policy, and close activities.

KEY RESPONSIBILITES 

• COS Forecasting: Own the forward-looking FP&A forecast for cost of services using volume, labor, reagent, consumable, send-out, logistics, and other relevant operational drivers.

• Gross Margin Planning: Translate revenue and operating assumptions into gross-margin outlooks by major test type, platform, or other meaningful business dimension.

• Cost-to-Serve: Develop and maintain cost-per-test and cost-to-serve models that identify the true economic drivers of delivering major testing services.

• Cost Driver Analytics: Quantify and monitor key fixed, variable, and semi-variable cost drivers and their relationship to testing volumes and mix.

• Capacity Planning: Model laboratory capacity, throughput, utilization, and incremental capacity requirements under forecasted demand scenarios.

• Labor Productivity: Analyze staffing, overtime, throughput, labor utilization, and productivity; connect operational measures to labor cost and margin outcomes.

• Reagent and Consumable Economics: Analyze utilization, yield, waste, purchase economics, and volume sensitivity for significant reagents and consumables.

• Supply Chain Finance: Partner with Supply Chain and Procurement to evaluate sourcing, purchasing, inventory, and vendor initiatives from a forward-looking financial perspective.

• Margin Bridges: Produce integrated gross-margin bridges separating ASP, volume, mix, labor, material, productivity, and other cost effects.

• Operational Variance Analysis: Explain actual versus budget/forecast COS and margin performance and distinguish operational causes from accounting or timing effects.

• Cost Reduction and Automation Initiatives: Establish financial baselines, validate business cases, and track realized savings from automation, workflow redesign, sourcing, insourcing/outsourcing, and other margin initiatives.

• Business Cases: Evaluate equipment, automation, capacity expansion, insourcing/outsourcing, and other operating investments using ROI, payback, NPV, and scenario analysis where appropriate.

• Operational KPIs: Develop leading financial and operational indicators that provide early warning of cost, capacity, and margin pressure.

• Forecast Accuracy: Track COS and gross-margin forecast accuracy and improve underlying operating assumptions and driver relationships.

• Risks and Opportunities: Maintain quantified margin risks and opportunities and integrate material items into enterprise forecasting.

• Operations Partnership: Participate in operating reviews and translate operational performance into financial implications, actions, and forecast changes.

• Executive and Board Support: Prepare margin, cost, and operational-performance analyses for executive reviews, forecasts, and Board materials.

• Systems Enablement: Partner with FP&A Systems & BI to embed cost drivers, operational assumptions, and margin reporting into Adaptive and governed BI tools.

QUALIFICATIONS 

• Bachelor's degree in Finance, Accounting, Economics, Industrial Engineering, Operations, or related field required; MBA or advanced degree preferred.

• Typically 7+ years of progressive FP&A, operations finance, cost analytics, or strategic-finance experience; diagnostics, laboratory, manufacturing, healthcare operations, or another high-volume operating environment preferred.

• Strong knowledge of cost behavior, fixed versus variable cost structures, gross margin, standard costs, and operational-driver modeling.

• Demonstrated ability to build cost-to-serve, capacity, productivity, business-case, and scenario models.

• Experience partnering directly with Operations, Supply Chain, Procurement, or technical leaders and constructively challenging operating assumptions.

• Advanced Excel and financial-modeling skills; Workday Adaptive Planning or comparable EPM experience preferred.

• Experience analyzing labor, materials/reagents, consumables, logistics, send-outs, and other operational cost drivers strongly preferred.

• Ability to distinguish accounting variance from underlying operational economics and translate findings into management actions.

• Strong written and verbal communication skills with the ability to present complex margin and operational issues to senior leadership.

MEASURES OF SUCCESS 

• Reliable driver-based COS and gross-margin forecasts with improving forecast accuracy.

• Transparent cost-to-serve and capacity economics for major testing activities.

• Clear quantification and tracking of margin-improvement initiatives and realized savings.

• Early identification of productivity, capacity, and cost risks before they materially affect financial results.

• Operations leaders routinely use FP&A analyses in staffing, capacity, sourcing, and investment decisions.

PHYSICAL DEMANDS AND WORK ENVIRONMENT 

• Frequently required to sit.

• Frequently required to utilize hand and finger dexterity.

• Frequently required to talk or hear.

EEO Statement: 

Baylor Genetics is proud to be an equal opportunity employer committed to fostering an inclusive and diverse workplace. We welcome and encourage applicants from all backgrounds to apply. We do not discriminate on the basis of race, color, religion, national origin, sex, sexual orientation, gender identity, age, veteran status, disability, genetic information, pregnancy, childbirth, or any other status protected by applicable federal, state, or local law. If you need an accommodation during the application process, please contact our Human Resources team.  

Note to Recruiters:

We value building direct relationships with our candidates and prefer to manage our hiring process internally. While we occasionally partner with select recruitment agencies for specialized roles, we do not accept unsolicited resumes from recruiters or agencies without a written agreement executed by the authorized signatory for Baylor Genetics ("Agreement"). Any resumes submitted to Baylor Genetics in the absence of an Agreement executed by Baylor Genetics' authorized signatory will be considered the property of Baylor Genetics, and Baylor Genetics will not be obligated to pay any associated recruitment fees.

Related jobs

See all Finance Operations Manager jobs

Other jobs at Baylor Genetics