Role Description
Labcorp is seeking a Financial Analyst I to support the FP&A organization and provide financial analysis, reporting, financial modeling, and strategic insights to business and finance leadership. This position supports financial performance evaluation, trend analysis, forecasting, and process improvement initiatives within a dynamic healthcare and life sciences environment.
Location: Remote
Work Schedule: Full-time, Standard business hours; additional hours may be required to support business needs and reporting deadlines.
Job Responsibilities
• Financial Analysis & Reporting
• Analyze financial data and develop financial models to support operational and business decision-making.
• Perform variance analyses to identify financial trends, risks, opportunities, and performance drivers.
• Evaluate actual financial results against budgets, forecasts, and operational plans.
• Analyze data from multiple business sources to produce reporting and actionable insights.
• Identify trends and provide recommendations based on quantitative analysis.
• Data Management & Technical Analysis
• Compile, organize, validate, and interpret large datasets from multiple sources.
• Read, write, edit, and interpret SQL queries to support reporting and data analysis.
• Utilize laboratory systems, laboratory data marts, and other reporting tools to extract and analyze data.
• Develop reports, dashboards, and presentations for business stakeholders.
• Process Improvement & Strategic Support
• Research and evaluate complex projects involving financial, operational, and technical considerations.
• Assess process methodologies and financial impacts to support business initiatives.
• Recommend and support implementation of new protocols, methodologies, and processes.
• Assist leadership with execution of strategic initiatives and stakeholder implementation plans.
• Business Presentation & Decision Support
• Prepare and present analytical findings, financial results, and recommendations to business users and leadership.
• Translate analytical findings into business impacts related to pricing, volume, revenue, and operational performance.
Qualifications
• Associate degree in Finance with 1 year or more of experience in financial analysis, business analysis, revenue cycle management, accounting, finance, healthcare analytics, or data analytics.
Requirements
• Bachelor’s degree or higher in Finance, Accounting, Business Administration, Economics, Data Analytics, Healthcare Administration, or a related quantitative discipline with 1 year or more of experience in financial analysis, business analysis, revenue cycle management, accounting, finance, healthcare analytics, or data analytics.
• Communicate complex financial and analytical information clearly to technical and non-technical audiences.
• Demonstrate attention to detail and commitment to data accuracy.
• Manage multiple priorities and deadlines within a fast-paced environment.
• Exercise critical thinking and problem-solving when evaluating financial and operational challenges.
• Collaborate effectively with leadership, finance, operations, information technology, and other stakeholders.
• Work independently and as part of a cross-functional team.
• Apply organizational and time-management practices to manage competing priorities.
• Understand relationships between pricing, volume, revenue, and business performance drivers.
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.