Labcorp is a global leader in laboratory services, providing the insights and answers that help healthcare providers, patients, researchers, pharmaceutical companies and health systems make confident decisions and improve outcomes. Through our unparalleled science, data, technology and laboratory network, we advance diagnostics, accelerate innovation and help address some of the world’s most important health challenges. As we shape the future of healthcare, we are leveraging advanced technologies, intelligent digital solutions and data-driven innovation across our operations to enhance how work gets done and deliver greater value to customers and patients. With our global scale and deep expertise, you’ll have the opportunity to do meaningful work, grow your career and make a real impact on people’s health around the world. Together, we’re improving health and improving lives.
Labcorp is seeking a Hybrid Senior Financial Analyst III to join our team!
Work Schedule: Monday - Friday, 8:00 AM to 5:00 PM.
This hybrid position offers a balanced schedule of three in-office workdays at our Burlington or Durham, NC locations and two remote workdays per week, supporting both collaboration and flexibility.
Job Responsibilities:
- Perform financial modeling and analyses related to Accounts Receivable, revenue, and allowances.
- Track and report key performance indicators (KPIs), including Days Sales Outstanding (DSO), coverage ratios, and other revenue cycle metrics.
- Assist with monthly close activities, financial reporting, and process automation.
- Prepare and analyze monthly and quarterly reports for senior leadership, ensuring accurate and timely financial information.
- Identify trends and variances from expectations and provide recommendations.
- Support automation and process improvement initiatives for financial reporting.
- Analyze and calculate reserve accrual adjustments.
- Partner with cross-functional teams to support budgeting, forecasting, scenario modeling, and predictive analytics.
- Review and provide GL coding for Refund and Recovery requests.
- Analyze pricing impacts and collaborate with business owners to document and communicate findings.
- Ensure compliance with GAAP and internal controls.
Minimum Qualifications:
- Bachelor's degree in Finance, Accounting, Business, Economics, or a related field required.
- 5 or more years of progressive experience in financial analysis, forecasting, reporting, budgeting, and month-end close processes required.
Preferred Qualifications:
- Advanced Excel and financial modeling skills required.
- CPA designation preferred.
- Knowledge of healthcare revenue cycle metrics and industry best practices.
- Experien