Executive Director RCM Financial Analytics

Executive Director, RCM Financial Analytics

Labcorp is seeking a HYBRID Executive Director, RCM Financial Analytics position to join our team!

Work Schedule:

Monday – Friday; 8:00am-5:00pm EST

Work location:

Durham or Burlington, NC

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 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

• 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

• 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

At Labcorp, you are part of a journey to accelerate life-changing healthcare breakthroughs and improve the delivery of care for all. You'll be inspired to discover more, develop new skills and pursue career-building opportunities as we help solve some of today's biggest health challenges around the world. Together, let's embrace possibilities and change lives!

Application Window Closes: 5-25-26

All 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…