Financial Analyst II, Subsidiary - Hybrid

Labcorp • Burlington, NC

7d • Hybrid

About The Position

Labcorp is seeking a Financial Analyst II to join their team, supporting revenue cycle and subsidiary billing operations in Burlington or Durham, NC. This hybrid position offers a balanced schedule of three in-office workdays at their Burlington or Durham, NC locations and two remote workdays per week, supporting both collaboration and flexibility. The role involves preparing and analyzing financial reports, supporting budgeting and forecasting, conducting variance analysis, assisting with month-end close, collaborating with cross-functional teams, analyzing financial aspects of the revenue cycle, developing financial models, identifying trends, supporting process improvements, and ensuring compliance with internal controls and financial standards.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related field
• 2 or more years of experience in financial analysis, healthcare finance, revenue cycle management, or a related field
• Strong analytical and problem-solving skills with the ability to interpret financial data and trends
• Advanced proficiency in Microsoft Excel and financial modeling
• High level of accuracy and attention to detail
• Strong organizational and time management skills with the ability to meet deadlines
• Effective written and verbal communication skills, including the ability to present insights clearly
• Ability to work both independently and collaboratively across teams
• Comfortable working in a fast-paced, dynamic environment

Nice To Haves

• Master’s degree in Finance, Accounting, or Business Administration
• Professional certification such as CPA or CFA
• Working knowledge of GAAP and accounting principles
• Experience with financial planning tools and ERP systems (e.g., PeopleSoft, Oracle Financials, Hyperion, Essbase/SmartView)
• Experience with healthcare revenue cycle systems such as Xifin (or similar billing platforms)
• Exposure to healthcare billing, coding, or insurance reimbursement processes

Responsibilities

• Prepare and analyze monthly, quarterly, and annual financial reports
• Support budgeting and forecasting processes
• Conduct variance analysis and clearly explain key drivers and deviations
• Assist with month-end and year-end close activities, including reconciliations and accrual support
• Collaborate with cross-functional teams, including Operations, to gather and interpret financial data
• Analyze financial aspects of the revenue cycle, including accounts receivable, revenue, and allowances
• Develop and maintain financial models to support business initiatives and decision-making
• Identify trends and provide insights to support management reporting and presentations
• Support process improvements and automation of financial reporting activities
• Ensure compliance with internal controls, policies, and financial standards, including audit support

Benefits

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

What This Job Offers

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