Intern – Accounts Receivable, Collections

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🔥 0 minutes ago

🌲 North Carolina – Remote

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💵 $20 - $25 / hour

👨‍🎓 Internship

⚪️ Entry-level

💰 Accounts Receivable

👻 Ghost score 0%

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Logo of Labcorp

Labcorp

10,000+ employees

🏥 Healthcare

💊 Pharmaceuticals

🧬 Biotechnology

💰 $2G Post-IPO Debt - LabCorp on 2024-09

Healthcare • Pharmaceuticals • Biotechnology

Labcorp is a global leader in laboratory services, diagnostics, and drug development. The company provides testing, data and scientific insights to doctors, hospitals, pharmaceutical companies, researchers and patients, reaching more than 160 million patients annually. Labcorp operates a large global laboratory footprint with roughly 71,000 employees across 100+ countries and invests in advanced technologies (including AI and digital solutions) to accelerate drug development, support precision medicines (such as cell and gene therapies and oncology diagnostics), and inform clinical decision-making.

📋 Description

• Monitor on-account cash application postings and duplicate payments • Review aging reports to identify billing corrections resulting in credits and rebills • Prepare Excel documents to offset duplicate payments and billing credits and debits • Follow up on outstanding amounts to support reduced DSO and improved past-due A/R aging • Assist with monthly account status narratives related to significant collection issues • Maintain client aging reports and collection status information confidentially • Participate in client and internal conference calls as applicable • Assign ServiceNow tickets to appropriate collectors and follow up on open or breached tickets • Assist with A/R subledger reconciliation and clean-up efforts related to ERP implementation • Work with RCM team members, management, operations, and project teams on collections, accounts receivable, aging reports, reconciliation, ERP-related processes, and client account management

🎯 Requirements

• Current enrollment in a Bachelor’s degree program • Working towards a degree in Finance, Business, Accounting, or a related field • Proficiency in Microsoft Excel and Word • Strong verbal and written communication skills • Strong planning, organizational, and problem-solving skills • Strong attention to detail and ability to be persistent while maintaining tact • Ability to manage multiple priorities effectively • Ability to work in a high-volume, fast-paced team environment and meet deadlines • Prior experience in a business environment is a plus but not required • Experience with PeopleSoft or another large ERP system is preferred • Preferred candidates are rising juniors and seniors, graduating December 2027 through June 2029 • Must be currently enrolled in a relevant degree program • This position is not eligible for visa sponsorship now or in the future

🏖️ Benefits

• Paid internship • Relocation assistance available for qualified candidates • 401(k) Plan • Medical, Dental, Vision, Life, STD/LTD, 401(k), Paid Time Off (PTO) or Flexible Time Off (FTO), Tuition Reimbursement and Employee Stock Purchase Plan (eligibility varies by employment classification) • Enterprise-wide learning experiences • Leadership exposure and visibility • Immersive, in-person intern event • Senior leader speaker sessions • LinkedIn Learning resources • Professional development sessions • Employee resource group and values-driven community engagement • Dedicated mentoring connections

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