Credit Analyst - Credit Center of Excellence (Credit CoE)

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.

About the role:

Our finance team in Sofia, Bulgaria is growing, and we want to appoint a Credit Analyst to join our Credit Center of Excellence (CoE) team. The Credit Analyst will support the Credit Analysis Manager in performing customer credit analyses for the Finance Credit CoE and performing the essential job duties required. Research and examine credit risks by assessing credit history and performing credit checks on new and existing accounts, but not limited to the following:

• Perform various analyses, including thorough reviews of financial statements and preparation of reports.

• Make credit term recommendations based on analyses and corporate guidelines to mitigate risk of loss.

• Establish and enforce best practices and process for data analysis across the organization.

• Proactively identify areas to improve credit operation efficiency and initiate projects to achieve such improvements.

• Support manager to provide status of metrics.

• Support of RCM (Revenue Cycle Management) with collection efforts when assigned, including but not limited to maintaining assigned aging reports, placing collections calls on delinquent accounts and employing appropriate follow-up methods to ensure past due balances are resolved in a timely manner.

• Other duties as assigned by the Credit CoE Manager

Education / Qualifications

• Bachelor's degree is required

• Master's degree is a plus

• Studies related to Accounting, Business or Finance is a plus

• Knowledge of financial statement analysis, basic accounting techniques, and financial principles used in analyzing and interpreting the working capital impact of decisions regarding credit risk

• Proficient in Microsoft Word, Outlook and Excel

• Proficient in

• Excellent organizational, verbal and written communication skills with ability to multi-task

• Strong analytical and problem solving skills with ability to analyze large data sets

• Strong interpersonal skills with the ability to interact with commercial and functional partners, external counterparties and various levels of management.

Experience

• Minimum of 2 years of experience - financial analysis, credit and collections experience preferred

• Professional experience in pharmaceutical / biotechnology / healthcare / life sciences industry is a plus

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 usually 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.

Why us:

• Labcorp, a global leader in natural sciences, is a company committed to improving health and providing clear, confident solutions through its research into diagnosis and drug offerings.

• Labcorp supported the pharmaceutical industry develop more medicines worldwide than any other company, including the top 50 best-selling drugs on the market today.

• We are also the world's biggest Central Lab, generating more clinical trial data than all other central laboratories combined.

Labcorp is proud to be an Equal Opportunity Employer:

As an EOE/AA employer, Labcorp strives for diversity and inclusion 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 of the individual and do not discriminate based upon race, religion, color, national origin, gender (including pregnancy or other medical conditions/needs), 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.

We encourage all to apply

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