Accounts Receivable & Collections Intern (Hybrid)

Labcorp; Durham (NC); Hybrid; USD 28,000 - 34,000; Full time

Job summary

Labcorp in Durham, NC is offering a full-time paid internship in Accounts Receivable & Collections. You will support the Revenue Cycle Management team to manage balances, address billing issues, and help optimize cash flow.

The role emphasizes Excel/Word proficiency, data gathering, and collaboration with cross-functional teams. Remote or hybrid options provide flexibility while you learn ERP-informed processes.

Qualifications

• Enrolled in a Bachelor's degree program related to Finance, Business, Accounting, or similar.
• Strong MS Excel and Word skills, good communication, planning and organizational abilities.
• Ability to manage multiple priorities in a high-volume team environment.
• Attention to detail and persistence with tact in follow-up tasks.
• Experience with ERP systems like PeopleSoft is a plus.

Responsibilities

• Cash Application: monitor postings and duplicate payments for timely resolution.
• Report Analysis: review aging reports to identify corrections, credits, and rebills.
• Data Management: prepare Excel documents to offset duplicate payments and reconcile billing credits/debits.
• Collections: follow up on outstanding balances to reduce DSO and aging.
• Communication Support: assist with monthly account status narratives for significant collection issues.
• Workflow Management: assign ServiceNow tickets and track open or breached items.
• ERP Support: assist AR subledger reconciliation and ERP cleanup efforts.

Skills

Excel

Word

Verbal communication

Written communication

Planning

Organization

Problem solving

Multitasking

Teamwork

Education

Pursuing Bachelor's in Finance/Business/Accounting

Tools

PeopleSoft

ServiceNow

Job description

Labcorp in Durham, NC is offering a full-time paid internship in Accounts Receivable & Collections. You will support the Revenue Cycle Management team to manage balances, address billing issues, and help optimize cash flow.

The role emphasizes Excel/Word proficiency, data gathering, and collaboration with cross-functional teams. Remote or hybrid options provide flexibility while you learn ERP-informed processes.