Sr Finance Manager

Senior Finance Manager

Labcorp is a global leader in laboratory services, providing the insights and answers that help healthcare providers, patients, researchers, pharmaceutical companies and health systems make confident decisions and improve outcomes. Through our unparalleled science, data, technology and laboratory network, we advance diagnostics, accelerate innovation and help address some of the world's most important health challenges. As we shape the future of healthcare, we are leveraging advanced technologies, intelligent digital solutions and data-driven innovation across our operations to enhance how work gets done and deliver greater value to customers and patients. With our global scale and deep expertise, you'll have the opportunity to do meaningful work, grow your career and make a real impact on people's health around the world. Together, we're improving health and improving lives.

Labcorp is seeking a Senior Finance Manager to join our team in Burlington, NC!

The Senior Manager, Revenue Cycle Management Finance serves as a strategic finance business partner to the Diagnostics Revenue Cycle Management (RCM) organization. This role is responsible for financial planning, expense forecasting, operational analytics, revenue cycle performance reporting, and strategic decision support for one of the company's most critical functions.

Working closely with Revenue Cycle Operations, Accounting, and Executive Leadership, the Senior Manager provides financial insights and recommendations that improve cash flow, working capital performance, operational efficiency, and profitability across the diagnostics billing and collections lifecycle.

This position plays a key role in overseeing and managing the financial planning and budgeting processes of the Diagnostics Revenue Cycle Management organization. The role also supports monthly revenue close activities, financial controls, and strategic transformation initiatives designed to modernize and optimize the revenue cycle function.

Work Schedule: Monday Friday; 8:00am-5:00pm EST

This hybrid position offers a balanced schedule of three in-office workdays at our Burlington, NC location and two remote workdays per week, supporting both collaboration and flexibility.

Core Responsibilities:

Strategic Finance Partnership

• Serve as the primary finance partner for designated Revenue Cycle Management leadership teams
• Provide financial guidance supporting 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

Financial Planning & Analysis

• 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 provide mitigation recommendations
• Support workforce planning and productivity improvement initiatives

Revenue Close & Accounting Support

• 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 ensure compliance with GAAP, ASC 606, and company accounting policies

Controls, Compliance & Audit Support

• Support SOX-related processes and documentation
• Assist with internal and external audit activities
• Ensure integrity, accuracy, and consistency of financial reporting and operational metrics

Minimum Qualifications:

• Bachelor's degree in finance, Accounting, Economics, Business Administration, or related discipline with 7+ years of progressive experience in FP&A

Preferred Qualifications:

• 7+ years' 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
• Proven 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 AR accounting
• Experience with Oracle, Hyperion, Essbase, Power BI, Tableau, or other enterprise reporting tools.

Additional Job Standards:

• Strong written and verbal communication skills
• Strong organizational and time-management skills
• Capacity to work independently and simultaneously handle a variety of complex matters with minimal supervision.
• Experience taking ownership of issues and providing practical advice

The position is also eligible for an annual bonus under the Labcorp Bonus Plan. Bonuses are payable based on corporate and/or business segment performance and are subject to individual performance modifiers. Compensation may also include discretionary short- and long-term incentive packages.

Benefits: Employees regularly scheduled to work 20 or more hours per week are eligible for comprehensive benefits including: Medical, Dental, Vision, Life, STD/LTD, 401(k), Paid Time Off (PTO) or Flexible Time Off (FTO), Tuition Reimbursement and Employee Stock Purchase Plan. Employees regularly scheduled to work less than 20 hours, Casual, Intern, and Temporary employees are only eligible to participate in the 401(k) Plan. Employees who are regularly scheduled to work a 7 on/7 off schedule are eligible to receive all the foregoing benefits except PTO or FTO.

Labcorp is proud to be an Equal Opportunity Employer: Labcorp strives for inclusion and belonging in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications and merit of the individual. Qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. Additionally, all qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law.

We encourage all to apply