Labcorp is seeking a
HYBRID Executive Director, RCM Financial Analytics position to join our team!
Work Schedule: Monday - Friday; 8:00am-5:00pm
ESTWork location: Durham or Burlington, NC RESPONSIBILITIES:Revenue Close Leadership (Owner)- Own the monthly/quarterly LCBS revenue close reporting and analytics for Labcorp Diagnostics ~$10B+ annualized revenue, including accruals, reserves, and variable consideration (denials, concessions, underpayments, charity/bad debt) in accordance with ASC 606 and company policy.
- Partner with Corporate Accounting/Controllership to align on policies, SOX/internal controls, and external audit support.
Analytics, Insights & Performance- Deliver executive-level reporting and deep-dive analyses (payer performance, reimbursement trends, test mix) to inform decisions.
- Deliver specific analytics requirements in high-paced and stressful situations with requests coming from various areas of the business. Prioritization, execution and proactive approaches are a requirement.
Compliance, Controls & Policy- Maintain strong financial governance across RCM, including financial documentation, change control, reconciliation, and sign-offs.
Leadership & Stakeholder Management- Lead and develop a high-performing team to deliver executive-level reporting and deep-dive analyses (payer performance, reimbursement trends, test mix) to inform decisions and drive actions and initiatives.
- Serve as the executive interface with Sales, Science and Technology, Legal, Tax, Treasury and IT.
PAMA & Reimbursement Strategy - Serve as enterprise PAMA partner, whose team leads data collection/validation, reporting cycles, and scenario modeling to anticipate CLFS impacts.
Technology & Data Enablement- Advance RCM data strategy, automation, and self-service analytics capabilities.
MINIMUM QUAIFICATIONS:- Minimum Bachelor's degree and 10 + years in relevant financial leadership, financial close processes, financial reporting data and analytics and Bachelor's degree or Associate degree and 12+ years relevant financial leadership, financial close processes, financial reporting data and analytics experience required
PREFERRED QUALIFICATIONS:- Minimum 10+ years of financial leadership experience in a data driven, data reporting and analytic environment
- Minimum 10+ years in Labcorp RCM leadership
- Minimum 10+ years experience managing cross-system data integrity, identify variances, and resolve discrepancies in complex operational environments.
- Minimum 10+ years of extensive knowledge in financial accounting, system reconciliation, and multi-platform data validation.
- Minimum 8+ years interpreting data at a high level and reporting findings or trends to Senior Leaders inclusive of C-Suite members
- Minimum 8+ years being proactive and reactive to numerous requests for data information from several areas of support
- Minimum 8+ years experience with data marts and similar analytics tools.
- Minimum 8+ years experience working with RCM system architecture and data flows
- Minimum 8+ years knowledge and command of multi-system financial reconciliations across billing platforms
ADDITIONAL JOB STANDARDS:- Independent thinker who can challenge the status quo as warranted
- Research-oriented and analytical focused Leader
- Highly effective communicator within cross functional teams and stake holders
- Strong diplomatic Financial Leader with exceptional presentation and communication skills
Application Window Closes: 5-25-26All job offers will be based on a candidate's skills and prior relevant experience, applicable degrees/certifications, as well as internal equity and market data.
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
.
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.
