Labcorp hiring Executive Director, SEC Reporting in Durham, NC | LinkedIn (2024)

Labcorp is a leading global life sciences company that is deeply integrated in guiding patient care. We provide comprehensive clinical laboratory and end-to-end drug development services to support healthcare providers, pharmaceutical companies, and researchers worldwide. With a mission to improve health and improve lives, Labcorp is committed to delivering innovative solutions that advance diagnostics, drug development, and patient care.

We are seeking a Executive Director, SEC Reporting who is highly motivated and experienced accounting professional that can lead a team and partner with operations to address complex transactions and oversee SEC and other external financial reporting. In this leadership role, you will develop and mentor your team, oversee preparation and filing of financial reporting with the SEC and other external parties, partner with other business functions on projects to address accounting and reporting implications for complex transactions, monitor developments at the SEC and FASB and implement solutions to maintain effective and efficient processes and controls to support external reporting in compliance with applicable standards.

Job Responsibilities

• Lead the external financial reporting process, which includes the preparation, review and filling of financial statements, footnotes and other necessary supporting documents for the Company’s quarterly and annual Form 10-Q and 10-K’s, 8-K’s and Proxy
• Lead review of the financial statements with the disclosure committee
• Preparation of the statement of cash flows and EPS computations
• Collaborate closely with the cross-functional accounting teams and external auditors to address technical accounting and reporting matters, drive process improvements, enhance efficiency and effectiveness, and ensure adherence to SEC regulations.
• Analysis of key financial statement variances and preparation of MD&A and other of key SEC disclosures
• Responsible for the preparation of SEC & GAAP checklists.
• Research, assess and document applicability of new GAAP/SEC guidance and communication to the broader finance team.
• Preparation of monthly management reporting package.
• Stock compensation accounting.
• Key contributor to the company’s finance transformation goals and initiatives, aimed at streamlining/automating all process from record to report and continuous enhancements to the internal control environment.
• Assist with the SOX documentation processes, including communicating with internal and external auditors for information requests and explanations related to audit requests and internal controls.
• Champion process improvements and efficiency, leveraging technology as needed to enhance the SEC reporting processes and procedures.
• Develop and maintain corporate accounting policies to ensure the adequacy and effectiveness of internal controls over financial reporting.
• Monitor emerging guidance from regulators and financial reporting trends within the industry to proactively communicate impact to leadership.
• Support special projects as necessary.
• Mentor and train more junior staff.

Qualifications

• Bachelor’s and/or master’s degree in accounting or equivalent experience
• 10+ year of experience with minimum 3 years of Big Four public accounting experience working with SEC clients.
• CPA Required
• Strong understanding of US GAAP, SEC Regulations, and best-practice financial reporting processes
• Expert knowledge of MS Office (Excel, PowerPoint and Word) - Experience manipulating large amounts of data in Excel
• Strong technology skills required, including the ability to use tools such as Alteryx to help drive efficiency in previously manual processes.
• Ability to work in a fast-paced environment and manage competing priorities while adhering to tight deadlines.
• Workiva experience a plus

Benefits: 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. Regular, full-time or part-time employees working 20 or more hours per week are eligible for comprehensive benefits including: Medical, Dental, Vision, Life, STD/LTD, 401(K), ESPP, Paid time off (PTO) or Flexible time off (FTO), Commissions, and Company bonus where applicable. For more detailed information, please click here.Labcorp Is Proud To Be An Equal Opportunity EmployerAs 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.

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