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 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 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 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.

Organizational Expectations

Practices within the Health Systems policies and procedures, including Health System Compliance Program and Financial Compliance Plan. Adheres to the Intensive Caring Value statements as demonstrated through positive patient/guest relations, positive and effective interactions with staff, and formulating and meeting developmental goals.

Practices within the Financial Services Department policies and procedures.

Maintains appropriate relationships with internal and external personnel and organizations.

For Hire: Bachelors degree in Accounting, Finance, or other Business related field required, or an equivalent combination of education and experience. Proficiency in Microsoft Excel is required. Knowledge of a general ledger system is desirable.

A Financial 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 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.

On-going: Demonstrates consistent ability to hit deadlines with high quality product. Shows growth in technical financial modeling skills, computer skills (including growth in business unit applications), and interpersonal skills required to meet increasing requirements. Develops in-depth knowledge of spreadsheet, presentation, and various university systems.

Salary range for this position: $50,000 - $65,000 annually