Treasury Analyst
LabCorp
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 a global leader in diagnostic testing and drug development solutions, helping healthcare providers, researchers, and patients make informed decisions that advance care. Join us in our mission to improve health and improve lives.
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 .
Hybrid Work Schedule
- Three in‑office days supporting collaboration, relationship‑building, and alignment with cross‑functional partners , which are essential to success in this role
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. For more detailed information, please click here.
Job 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.
Minimum Qualifications
- 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.
Preferred Qualifications
- 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.
Additional Job Standards
- 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.
- Contributes to and supports:
- Cash management and payment operations
- Merchant services and processor support
- Regulatory compliance and internal controls
- Process documentation and continuous improvement
- Cross‑functional collaboration
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
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