Financial Operations Analyst - Clinical Research

The Clinical Research Finance & Compliance (CRFC) Department is responsible for the accounting and analysis of key financials for all Oncology clinical trials; especially focusing on Revenue. Responsibilities across the group include revenue recognition and forecasting, project costing, negotiation of contract terms, monthly reconciliation and invoicing, coverage analysis, patient claim review, patient reimbursement, and assistance with internal audit requests. The department provides support to the Clinical Trials Office (CTO), Principal Investigators (PIs), and various Business Units across the Medical Center and College of Medicine and is responsible for financial communication and transactions with external customers.

Position Summary

The Financial Operations Analyst is a technical resource assisting in the development, negotiation, and/or administration of budgets for assigned disease specific research groups (DSRGs). The role contributes to the achievement of financial and business objectives through accurate and timely reporting of revenue and costs for assigned portfolio of projects. The Financial Operations Analyst works cross-functionally with the PIs, CTO, and all ancillary services, and is responsible for maintaining information, processes, workflows, and tools which support the provision of financial services throughout the project lifecycle. The Financial Operations Analyst requires accounting and finance knowledge, strong analytical skills, computer skills, and the ability to manage time efficiently to complete multiple tasks with competing deadlines. This position is committed to developing comprehensive budgets and financial analysis of clinical trial projects, which incorporate knowledge and understanding of healthcare and Medical Center operations as well as research specific industry practices.

Job Requirements

Bachelor’s degree in Accounting, Finance, or other Business related field required, or an equivalent combination of education and experience. 2 years of relevant experience required. Proficiency in Microsoft Excel is required. Knowledge of a general ledger system is desirable. 

A Financial Operations Analyst must be able to handle multiple projects and manage time efficiently to achieve deadlines. Must possess analytical and problem solving skills and demonstrate the ability to work independently and take initiative for process improvement. The Financial Operations Analyst should be developing a reputation for producing quality results, both inside and outside Finance. Needs to demonstrate professionalism, teamwork, and exhibit strong communication skills with all levels of management within the organization, and with internal and external clients.