Accounts Receivable & Collections Intern

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    Labcorp

    10,001+ employeesBurlington, North CarolinaHospitals and Health Care
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    Best applied by Sep 16

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    About the role#

    Labcorp is seeking an Accounts Receivable & Collections Intern to join the Revenue Cycle Management team. This role supports accounts receivable activities by managing outstanding balances, maintaining accurate account information, and addressing billing and payment issues. You will gain hands-on experience in collections, aging reports, account reconciliation, and client management.

    What you'll do#

    • Monitor on-account cash application postings and duplicate payments.
    • Review aging reports to identify billing corrections.
    • Prepare Excel documents to offset duplicate payments and billing credits and debits.
    • Follow up on outstanding amounts to support reduced days sales outstanding.
    • Assist with monthly account status narratives.
    • Maintain client aging reports and collection status information.
    • Participate in client and internal conference calls.
    • Assign ServiceNow tickets to collectors and follow up on tickets.
    • Assist with A/R subledger reconciliation and clean-up efforts.

    What you'll need#

    • Current enrollment in a Bachelor’s degree program in Finance, Business Administration, Accounting, or a related field.
    • Proficiency in Microsoft Excel and Word.
    • Strong verbal and written communication skills.
    • Strong planning, organizational, and problem-solving skills.
    • Ability to manage multiple priorities effectively and meet deadlines.
    • Strong attention to detail and ability to be persistent while maintaining tact.
    • Prior experience in a business environment is preferred.
    • Experience with PeopleSoft or another large ERP system is preferred.

    Location & details#

    • Term: Summer 2027 (June 1, 2027 to August 13, 2027).
    • Location: Remote or hybrid in Durham, North Carolina.
    • Employment type: Full time (40 hours per week).
    • Compensation: Paid internship.
    • Note: This position is not eligible for visa sponsorship.

    About Labcorp

    Labcorp provides laboratory services for diagnostics and drug development. The company supports pharmaceutical companies, hospitals, and researchers with clinical testing. It is based in Burlington, North Carolina. The organization operates as a public company with over 10,000 employees.

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