Finance Manager, Mid America Division

Labcorp • Frisco, TX

7d • Hybrid

About The Position

At Labcorp, you are part of a journey to accelerate life-changing healthcare breakthroughs and improve the delivery of care for all. You’ll be inspired to discover more, develop new skills and pursue career-building opportunities as we help solve some of today’s biggest health challenges around the world. Together, let’s embrace possibilities and change lives!

Labcorp is a leading healthcare company that provides a range of diagnostic and medical laboratory services to patients, healthcare providers, and biopharmaceutical companies. With annual revenue of over $10+ billion and more than 70,000 employees, Labcorp is a recognized leader in the healthcare industry. We are seeking a highly motivated and experienced FP&A/Finance Manager to join our team to support the Diagnostics business in the Mid America Division. The Manager will play a pivotal role in developing and implementing financial strategies to support the company's overall business objectives. This Manager will be responsible for supporting the Mid America Division with financial planning, analysis, forecasting, reporting and revenue/cost analytics. The Manager will lead the overall monthly financial planning & reporting processes including volume, revenue, margin and operating expenses via developing standardized & ad-hoc analytics to provide accurate and timely financials.

Requirements

• Bachelor's degree in Finance, Accounting, Business, Economics or related field with 5+ years of experience
• Proficiency in budgeting, forecasting, variance analysis and monthly management financial reporting
• Prior experience in developing advanced financial modeling including margin & revenue analytics
• Ability to build financial analyses and financial statements for various business arrangements, alliances and acquisitions
• Experience developing meaningful ad-hoc financial analysis with analytics, business insights and recommendations
• Strong analytical skills, ability to identify variations and trends, spot business opportunities, develop practical recommendations and drive implementation with the business leaders
• Solid accounting knowledge including full financial statement understanding and accounting concepts
• Must possess strong verbal and written communication and organizational skills with a focus on analysis and process improvement
• Highly responsive with sense of urgency to provide accurate deliverables under tight time pressure
• Flexibility to handle multiple assignments simultaneously and ability to work in a fast-paced, dynamic environment
• Ability to think creatively, highly-driven and self-motivated
• Strong attention to detail and commitment to accuracy
• Ability to work with cross-functional teams and influence others to achieve business objectives
• Proficient in Hyperion, Essbase, and ERP systems
• Advanced experience in Excel is essential
• Experience working with large data sets and data visualization tools (e.g., Tableau, Power BI)

Nice To Haves

• Master's degree in finance or business administration
• Experience in SQL querying, Alteryx, and Tableau or Power BI is a plus
• CPA or equivalent certification
• Experience in the healthcare or life sciences industry

Responsibilities

• Manage FP&A efforts for the Division, including the development of budgets, forecasts, and monthly P&L reporting and analysis
• Complete variance analysis of business performance and comparative monthly, quarterly and year to date results for the Division, Regions, and Strategic Alliances
• Monitor financial performance against budget and forecast and provide recommendations for course correction as necessary
• Analyze current and past trends in key performance indicators including all areas of revenue, margin, expenses and capital expenditures
• Assist in and monitor the month-end close process for the Division
• Maintain & enhance accurate financial reporting for the Division and Regions
• Prepare timely and accurate monthly business review and forecast packages and ad-hoc analysis
• Work closely with the leadership team while developing forecasts, budgets as well as various business opportunities including acquisitions, projects, and alliances
• Be a business partner to the operational leaders, providing analytical insights and recommendations to improve and streamline business, including revenue growth, cost optimizations and business processes
• Prepare financial models for various business projects to support new investments, strategic and other business decisions.
• Prepare and present financial reports to senior management
• Mentor and develop junior finance team members

Benefits

• Medical, Dental, Vision, Life, STD/LTD, 401(k), Paid Time Off (PTO) or Flexible Time Off (FTO), Tuition Reimbursement and Employee Stock Purchase Plan

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level