Sr Finance Manager

Labcorp • Burlington, NC

4d • Hybrid

About The Position

Labcorp is seeking a Senior Finance Manager to serve as a strategic finance business partner to its Diagnostics Revenue Cycle Management (RCM) organization. The role is responsible for financial planning, expense forecasting, operational analytics, revenue cycle performance reporting, and strategic decision support. It works closely with Revenue Cycle Operations, Accounting, and Executive Leadership to provide insights and recommendations that improve cash flow, working capital performance, operational efficiency, and profitability across the diagnostics billing and collections lifecycle.

The position oversees financial planning and budgeting for the Diagnostics RCM organization and supports monthly revenue close activities, financial controls, and strategic transformation initiatives to modernize and optimize revenue cycle operations. The role is based in Burlington, North Carolina, and follows a hybrid schedule of three in-office days and two remote days each week. The stated work schedule is Monday through Friday, 8:00 a.m. to 5:00 p.m. Eastern Time.

Requirements

• Bachelor’s degree in finance, accounting, economics, business administration, or a related discipline.
• At least 7 years of progressive FP&A experience.
• Strong written and verbal communication skills.
• Strong organizational and time-management skills.
• Ability to work independently and handle a variety of complex matters simultaneously with minimal supervision.
• Ability to take ownership of issues and provide practical advice.

Nice To Haves

• At least 7 years of experience in healthcare finance, accounting, business partnering, or revenue cycle finance.
• CPA, MBA, or another advanced financial credential.
• Demonstrated experience supporting budgeting, forecasting, financial reporting, and business analytics.
• Strong financial modeling and analytical capabilities.
• Advanced proficiency with Microsoft Excel and PowerPoint.
• Ability to influence decisions across a matrixed organization without direct authority.
• Experience in diagnostics, laboratory services, healthcare services, or revenue cycle management.
• Knowledge of healthcare reimbursement methodologies, revenue recognition principles, and accounts receivable accounting.
• Experience with Oracle, Hyperion, Essbase, Power BI, Tableau, or other enterprise reporting tools.

Responsibilities

• Serve as the primary finance partner for designated Revenue Cycle Management leadership teams.
• Provide financial guidance for operational decision-making and performance improvement initiatives.
• Translate operational performance metrics into financial outcomes and actionable recommendations.
• Develop executive-level presentations and business cases for senior finance and operations leadership.
• Prepare the Revenue Cycle Management annual expense budget and monthly forecast.
• Monitor organizational spending and analyze monthly results against budget, forecast, and prior-year performance.
• Identify financial risks and opportunities and recommend mitigation actions.
• Support workforce planning and productivity improvement initiatives.
• Support monthly, quarterly, and annual financial close activities.
• Prepare analyses supporting bad debt reserves, contractual allowance estimates, accounts receivable reserves, revenue recognition assessments, and net revenue reporting.
• Partner with Corporate Accounting to support compliance with GAAP, ASC 606, and company accounting policies.
• Support SOX-related processes and documentation.
• Assist with internal and external audit activities.
• Ensure the integrity, accuracy, and consistency of financial reporting and operational metrics.

Benefits

• Annual bonus under the Labcorp Bonus Plan, payable based on corporate and/or business segment performance and subject to individual performance modifiers.
• Potential discretionary short- and long-term incentive packages.
• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Short-term and long-term disability coverage
• 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: Senior