Financial Operations Analyst

Job Description

The Clinical Research Finance amp; 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.

Minimum Education Required

Bachelors degree in Accounting, Finance, or other Business related field required, or an equivalent combination of education and experience.

Qualifications

Proficiency in Microsoft Excel is required. Knowledge of a general ledger system is desirable.