Billing & Revenue Manager - CLS

At Labcorp we believe in the power of science to change lives. We are a leading global life sciences company that delivers answers for crucial health questions because we know that knowledge has the potential to make life better for all. Through our unparalleled diagnostics and drug development capabilities, we provide insights and accelerate discoveries that not only empower patients and providers but help medical, biotech and pharmaceutical companies transform ideas into innovations. Improving Health, Improving Lives.

We are currently seeking a Billing & Revenue Manager to lead our global billing operations and revenue recognition functions for the Central Laboratories business, a division of Labcorp’s Biopharma Laboratory Services business. This position will manage a team responsible for ensuring timely, accurate, and compliant billing processes across multiple business units. The ideal candidate brings leadership experience, financial acumen, and a strong understanding of ERP systems to drive continuous improvements and operational excellence.

Key Responsibilities:

• Team Leadership:
  Manage a team of 5–10 direct reports and 5–10 indirect reports, with full responsibility for hiring, coaching, scheduling, performance reviews, and staff development.

• Billing Operations:
  Oversee daily billing activities, month-end close, and revenue recognition to ensure compliance with contracts, GAAP, and SOX.

• Cross-functional Collaboration:
  Partner with IT, Finance, Sales, and Client Services to resolve billing issues, improve systems, and enhance client experience.

• Process Improvement:
  Identify opportunities to streamline workflows and implement automation tools that increase efficiency and reduce errors.

• Training & Support:
  Provide guidance and training to the billing team on systems and practices; ensure data issues are identified early and resolved promptly.

• Contract Reconciliation:
  Manage contract and project close-out processes with a focus on accuracy and compliance.

• Technology & Systems:
  Participate in ERP enhancements, UAT testing, and RCM software updates; lead or support special projects and acquisition integrations.

• Reporting & Insights:
  Develop and maintain dashboards in partnership with Finance Systems CoE; use data to track performance and inform decision-making.

• Customer & Stakeholder Engagement:
  Solicit feedback to improve Revenue Cycle Management (RCM) processes and collaborate with external consultants on system upgrades.

Required Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field (MBA or CPA preferred)

• 7+ years in billing/accounts receivable in a global, multi-site environment

• 4+ years leading global teams in remote or hybrid settings

• Expertise in ERP systems (PeopleSoft and Oracle preferred)

• Familiarity with GAAP, SOX, and revenue recognition principles

• Strong analytical, communication, and leadership skills

• Proficient in Office 365 tools (Excel, OneDrive, Power BI); Alteryx a plus

• Experience in working with large datasets to aggregate and prepare complex AR invoices

• Experience with monthly/quarterly/annual closing, reporting and internal/external audit inquiries and analysis

• Experience in life sciences or drug development industry is a plus

Application Window: 5/31/2025

Pay Range: $80,900 - $131,565

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 performance modifiers. Compensation may also include discretionary short- and long-term incentive packages.

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.  Casual, PRN & Part Time employees regularly scheduled to work less than 20 hours are eligible to participate in the 401(k) Plan only.  For more detailed information, please click here. 

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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