Finance Analyst - Billing
Durham, NC 
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Job Description
Job Overview:

As a market leader in central laboratory, pre-clinical services and clinical trial management services, Covance by labcorp works with most leading pharmaceutical and biotechnology companies to life-saving medicines to patients in need sooner. Over the past 10 years we have handled over 10,000 clinical trials in more than 600 indications, worked with over 200 thousand investigators, and collected data from over 14 million patient visits. Recognizing the enormous potential of data-driven decision making, we are developing cutting-edge informatics capabilities to unleash the power of this data to help pharmaceutical and biotechnology companies protect patient safety, reduce cost and increase speed of clinical development to bring new medications to patients who cannot wait.

Covance by labcorp is seeking a Finance Analyst - Billing to join our team. In this role, you will:

  • Provide Signature Client Service with external customers by maintaining and inputting accurate financial information into the financial system regarding the revenue, payment or other pertinent invoicing information per the contract
  • Maintain a high level of client confidentiality
  • Ensure all financial information is updated timely and accurately, meeting all deadlines
  • Interaction with internal counterparts from around the company to provide Signature Client Service internally in the preparation of project related financial information
  • Participates in process improvement initiatives intended to improve global delivery of invoicing and revenue recognition within Early Development
  • Work cross-functionally with Client Services and Contracts to resolve changes or modifications to studies which may affect the revenue recognition or invoicing process
  • Develop a working knowledge of the differences between Covance business units and is able to apply that knowledge to issue proper revenue and invoicing methods globally
  • Ensure Sarbanes Oxley compliance from the revenue and invoicing perspective
  • Participate in Sarbanes Oxley basic testing or basic data gathering as needed
  • Follow up on outstanding invoicing issues for resolution to meet internal and external deadlines and to minimize business and legal risk
  • Create and/or Maintain client accrual or invoice tracking spreadsheets as requested by internal and external clients to meet deadlines
  • Assist management and subject matter expert (SME) in maintaining globally harmonized invoicing and revenue processes and relationships within the global Client Experience Teams
  • Perform accurate maintenance of PeopleSoft (e.g. timely and accurate data entry)
  • Provide accurate updates on all outstanding documents to Management on a weekly basis or as otherwise required through required systems or tracking mechanisms
  • Assist in training of new employees
  • Other duties as assigned

Education / Qualifications:

  • BBA/BS degree in Business or Accounting preferred

Experience:

    • 1 year business experience within Finance; can be substituted with business related internship or with BBA/BS degree in Business or Accounting
    • Adhere to a pro-active approach, with the ability to problem solve, and interact professionally with internal and external clients in order to meet everyone's needs in an effective and timely manner
    • Demonstrate ability to plan, multi-task and prioritize
    • Demonstrate teamwork, communication and organizational skills
    • Proficient in Excel and Word (intermediate level)
    • Problem solving skills
    • Excellent customer service skills, attention to detail and ability to be persistent while maintaining tact
    • Proven ability to work independently
    • Experience and comfort in a high volume, fast paced environment is essential
Education/Qualifications:

BBA/BS degree in Business or Accounting preferred

Experience:
  • 1 year business experience within Finance; can be substituted with business related internship or with BBA/BS degree in Business or Accounting
  • Adhere to a pro-active approach, with the ability to problem solve, and interact professionally with internal and external clients in order to meet everyone's needs in an effective and timely manner
  • Demonstrate ability to plan, multi-task and prioritize
  • Demonstrate teamwork, communication and organizational skills
  • Proficient in Excel and Word (intermediate level)
  • Problem solving skills
  • Excellent customer service skills, attention to detail and ability to be persistent while maintaining tact
  • Proven ability to work independently
  • Experience and comfort in a high volume, fast paced environment is essential

Covance is committed to diversity in the workplace and is an equal opportunity employer (Minority/Female/Individual with Disability/Veteran). Your confidentiality and privacy are important to us.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Experience
1+ years
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