Treasury Analyst

Labcorp•Durham, NC

4d•Hybrid

About The Position

Labcorp is seeking a Treasury Analyst to join our team in either our Durham or Burlington, North Carolina office with the flexibility of a hybrid work schedule. This role involves supporting treasury operations, including merchant accounts, payment processors, and cash management. The ideal candidate will have a strong understanding of financial operations and a desire to contribute to process improvement and compliance within the treasury function.

Requirements

Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
2 + years of experience in treasury operations, cash management, banking, payments, or financial operations.
Working knowledge of payment processing, merchant services, and electronic banking platforms, supporting day-to-day cash and payment activities.
Demonstrates strong attention to detail and analytical thinking, with the ability to manage multiple priorities in a deadline-driven environment.
Communicates clearly and professionally, with the ability to partner effectively across functions such as Finance, Accounting, FP&A, IT, and external providers.
Applies sound problem-solving skills to cash management and payment operations, identifying risks, issues, and improvement opportunities.

Nice To Haves

3+ years of experience supporting merchant services, payment processors, and payment networks, including ACH, Visa, and Mastercard.
2+ years of experience working with Treasury Management Systems (TMS) and financial technology platforms (e.g., Kyriba, G-Treasury), as well as ERP systems (e.g., Oracle Fusion, PeopleSoft) and online banking portals.
2+ years of experience with payments-related regulatory and compliance standards, including PCI and NACHA requirements.
2+ years of experience supporting process documentation, controls, and operational improvement initiatives within Finance or Treasury environments.

Responsibilities

Assist with onboarding, maintenance, and periodic reviews of merchant accounts and payment processors, serving as a backup resource as needed.
Support the implementation of new merchant payment methods, processors, and system enhancements.
Respond to treasury- and merchant-related inquiries, including internal business partner questions and issue escalations.
Support compliance with payment network rules and requirements (e.g., Visa, Mastercard, ACH).
Prepare and/or process treasury payments and bank transfers, ensuring accuracy and adherence to banking instructions, country requirements, and internal controls.
Enter payments into banking systems and monitor electronic payments from intake through bank reconciliation.
Assist with regulatory and statutory reporting related to payments, cash management, and treasury compliance requirements.
Execute cash management and merchant services projects, as assigned by treasury leadership.
Support compliance with treasury policies, banking regulations, and internal control standards.
Document, maintain, and update cash management and merchant services process flows for the company and all current and future subsidiary platforms.
Participate in process improvement initiatives to enhance efficiency, accuracy, scalability, and compliance within treasury operations.
Assist treasury team members with ad hoc projects and daily operational tasks as needed.
Cross-train with team members to support coverage of key treasury responsibilities.
Perform clerical and administrative treasury duties as required to support department operations.