Senior Financial Analyst III - Hybrid

Labcorp•Burlington, NC
•Hybrid

About The Position

Labcorp is seeking a Senior Financial Analyst III to serve as a strategic business partner to Revenue Cycle Management. The role delivers financial modeling, forecasting, reporting, and performance insights to support operational and executive decision-making. The analyst collaborates across functional teams to drive process improvements, enhance reporting capabilities, and support business growth through data-driven analysis. This is a hybrid position based in Burlington or Durham, North Carolina, with three in-office days and two remote days per week. The schedule is Monday through Friday, 8:00 AM to 5:00 PM.

Requirements

  • Bachelor's degree in Finance, Accounting, Business, Economics, or a related field.
  • At least 5 years of progressive experience in financial analysis, forecasting, reporting, budgeting, and month-end close processes.
  • Advanced Excel and financial modeling skills.
  • Strong analytical and problem-solving skills, including the ability to identify trends, opportunities, and solutions.
  • Ability to communicate financial information and recommendations effectively to various levels of management.
  • Ability to manage multiple priorities in a fast-paced environment.
  • Strong attention to detail and commitment to accuracy.

Nice To Haves

  • CPA designation.
  • Knowledge of healthcare revenue cycle metrics and industry best practices.
  • Experience with financial reporting and analytics platforms, including PeopleSoft Financials, Oracle, Hyperion Financial Management, and Essbase/SmartView.
  • Familiarity with GAAP and regulatory compliance requirements.
  • Experience supporting automation and reporting process improvements.

Responsibilities

  • Perform financial modeling and analyses related to accounts receivable, revenue, and allowances.
  • Track and report key performance indicators, 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 financial information is accurate and timely.
  • 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 on budgeting, forecasting, scenario modeling, and predictive analytics.
  • Review and provide general ledger 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.

Benefits

  • 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
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