Financial Analyst

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Job Summary :

Responsible for all accounting functions to be performed in an auditable fashion for assigned areas. This includes monthly financial reporting and reconciliation of clinical research operating center and associated clinical trial projects. Preparing materials for internal budget meetings, including P/L statements, A/R, A/P and accrued income reports. Negotiates clinical trial budgets with industry sponsors and submits all contractual documentation through internal portal for review and execution.

Actively participates in the development and adoption of policy and procedures related to budget process. Assists in improving the efficiency of accounting procedures. This position will work in conjunction with other divisions as well as with representatives of other institutions of higher education, sponsors, attorneys, governmental entities, philanthropic organizations and principal investigators. May prepare Medicare Coverage Analysis for research projects.

Job Summary :

Responsible for all accounting functions to be performed in an auditable fashion for assigned areas. This includes monthly financial reporting and reconciliation of clinical research operating center and associated clinical trial projects. Preparing materials for internal budget meetings, including P/L statements, A/R, A/P and accrued income reports. Negotiates clinical trial budgets with industry sponsors and submits all contractual documentation through internal portal for review and execution.

Actively participates in the development and adoption of policy and procedures related to budget process. Assists in improving the efficiency of accounting procedures. This position will work in conjunction with other divisions as well as with representatives of other institutions of higher education, sponsors, attorneys, governmental entities, philanthropic organizations and principal investigators. May prepare Medicare Coverage Analysis for research projects.

Education:

Required:

Bachelor's Degree in Accounting, Finance, Business Administration, or related business field required.

Preferred:

Relevant clinical research and/or hospital finance experience

Experience:

Required:

Minimum of two years of accounting, auditing, or relevant financial experience required.

Preferred:

Relevant financial or hospital accounting experience; ICD-10 coding experience a plus

Position Requirement(s):
License/Certification/Registration

Required:

Preferred:

Certified Public Accountant or Certified Management Accountant

Department

Position Summary:

• Performs and documents coverage analysis.
• Develops, negotiates and executes budgets and payment terms.
• Ensures congruence between budget, contract and consent form for all studies.
• Develops detailed internal budgets which have clear and concise instructions to inform post-award finance of appropriate invoicing and distribution of funds.
• Enters study budgets into CTMS and maintains CTMS account information relative to AR/AP
• Responsible for invoicing per terms of clinical trial agreements and collecting sponsor fees as appropriate.
• Processes invoices, department transfers and research subject stipends.
• Prepares the various grant management financial reports required by granting agencies.
• Works with Erlanger Accounting Department to process and record sponsor fees in a timely manner.
• Works with Research team (internal and external), Erlanger departments and ancillary groups to ensure procedure and/or professional charges are recorded and paid by the applicable research project.
• Prepares preliminary spending and close out of projects for management review.
• Reports on assigned projects on a bi-weekly basis, ensuring management is fully cognizant of accounting activities, especially with regard to exceptions and significant adjustments.
• Provides data necessary for departmental budget preparation.
• Prepares and distributes weekly and/or monthly management reports as well as year-end and study-end reports.
• Recommends improvements to existing systems and assists with implementing new databases or new processes that will improve efficiency and enhance productivity.
• Participates in special work groups or committees as needed. Responds to inquiries and requests as needed, assists in special projects, and performs other related duties as assigned.
• Performs other duties as required or assigned.

• Seniority level
  
  Entry level

• Employment type
  
  Full-time

• Job function
  
  Finance and Sales
• Industries Hospitals and Health Care

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