Financial Analyst – Transportation - "Life-science Leader"

Position: Financial Analyst – Transportation

Location: Bulgaria - Home-based / Hybrid

Division: Finance

About Labcorp:

We are a global leader of innovative and comprehensive laboratory services that helps doctors, hospitals, pharmaceutical companies, researchers and patients make clear and confident decisions. Through our unparalleled diagnostics and drug development laboratory capabilities, our 60,000+ employees combine cutting-edge innovation, science and technology to solve some of today’s biggest health challenges, accelerate life-changing healthcare breakthroughs and impact lives around the world.

Do you have an Accounting or Finance Degree, minimum of 2-3 years relevant work experience, ability to perform financial analysis, solve problems and make recommendations? Are you interested in fast-paced, changing environment where you can make an immediate impact by applying your analytical skills?

About the role:

• Performs monthly manual billing for 3rd party courier.

• Performs regular revenue and expense recognition, billing, and period end closing responsibilities.

• Month end close responsibilities include journal entries, G/L account reconciliations, variance analysis and reporting.

• Execute the month end billing and invoice generation process, including electronic invoicing to vendor systems.

• Maintain control standards on manual and one-time special invoicing events through documentation and loading into the financial software.

• Prepares monthly financial reports, billing reconciliations, and other financial schedules or analyses as assigned.

• Analyzes budget vs. actual performance data; assists with interpretation and analysis of reports.

• Liaise with our domestic and international financial colleagues to ensure proper accounting of intercompany and locally required billing events.

• Work closely with other global functional areas (Global Project Management, Sourcing, Commercial Development, Client Services) to ensure that financial implication of strategic and tactical decisions and policies are identified.

• Assists with regular review of transactional activity, reconciliations, and resolution of outstanding items.

• Develop successful and efficient solutions to client requests for non-standard service offerings, ensuring compliance with company objectives and financial policies, while delivering superior client service.

• Assists with the development and implementation of financial policies, global processes, documentation, and internal controls.

• Assists with the coordination of work requirements for all external, internal, and special audits (including quarterly SOX audits).

• Supports operational requests for analysis and inquiries related to billing activity and collections efforts.  Responds in a timely, complete and accurate fashion to requests for information and analysis.

• Proposes enhancements of existing reporting tools and systems (such as key performance indicators, optimization of financial data flow, interfacing of various IT systems etc.). 

• Enhance unbilled review and work with other functional departments to minimize unbilled revenue.

• Automate through macros, databases, SQL, etc. ineffective or inefficient processes

• Lead as a point of contact other functional departments, training on processes, billing triggers, and policies.

Education / Qualifications:

BA or BS degree in Finance or Accounting or related field

Experience and knowledge;

• SAP Experience

• Strong analytical and problem solving skills

• Minimum of two to three (2-3) years’ comparable experience.

• Extensive knowledge of analytical tools such as MS Excel to facilitate analysis presentation

• Outstanding verbal and written skills.

• Prior use of ERP and Operational systems (demonstrated knowledge of system connectivity)

• Ability to understand database structure, system interaction, and transaction flow among disparate systems.

What you will find at Labcorp:

• Work-life balance: At Labcorp, you can manage your work-life balance with their employee-friendly leave policy and enjoy dedicated time with your friends and family. Work days are from Monday to Friday with flexible work timings.

• Training & development: Labcorp offers developmental training in self-paced, virtual, and live-in-person formats to help grow your career. The company aims to help improve your cultural awareness, offer valuable global insights and help you develop a strong global mindset. Labcorp increases employee engagement, encouraging cross-team connections and creating a culture of mentorship throughout the organization.

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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