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Clinical Trial Finance Analyst II - Post Award (Remote)

Requisition # 20001041 Apply Now

The Clinical Trial Finance Analyst II develops complex clinical trial budgets for industry, National Institutes of Health (NIH), and investigator-initiated clinical research. Evaluates research protocols to assess resource needs, procedures, clinical research staff time, investigator time, and costs from ancillary departments. Determines cost allocation, negotiates budgets, details budgets, and responsible for monitoring accounts and invoicing. Ensures compliance with all federal and local agencies including the Food and Drug Administration (FDA) and local Institutional Review Board

In addition, the Clinical Trial Finance Analyst II will be responsible for the following: 

  • Works closely with investigators and ancillary departments to identify research procedures needed, budget estimates and cost details.
  • Determines whether research procedures in the protocol are standard-of-care or a research-related costs in order to correctly classify expenses.
  • Develops complex clinical trial budgets for industry and the National Institutes of Health (NIH) as well as investigator-initiated clinical research. Works with the CSMC office of Sponsored Research to develop final budgets for clinical trials and research projects.
  • Negotiates trial budgets and payment terms with industry sponsors.
  • Monitors study accounts to evaluate the cost expenses/details are appropriate and within expected limits, reconciles accounts receivable and payments, and recommends the best course of action for any deficits and/or surpluses. Negotiates with sponsors the final payment due for account closeout. May conduct review and/or audits of clinical trial budgets. Serves as a resource for fiscal related questions and engages management as appropriate.
  • Extracts and defines relevant information, analyzes and interprets data to determine financial performance and/or to project a financial probability and makes recommendations to influence business results. Prepares and delivers data, reports and/or presentations to investigators, management and/or leadership.
  • Enters financial information from finalized clinical trials budgets and clinical trial agreements into the Clinical Trial Management System. Reviews and finalizes clinical trials calendars to ensure agreement with Medicare coverage analysis and clinical trial budget.
  • Reviews protocol amendments for impact to sponsored research budget/contract. Process budget/contract amendments as applicable.
  • May plan and coordinate strategies to improve existing standard operating procedures related to budgeting and clinical trials finance. May identify quality and performance improvement opportunities and collaborate with staff in the development of action plans to improve quality.

Department specific duties:

  • Responsible for revenue management for external recovery (receivables) and payment to vendors (payables) or sub-sites
  • Monitoring and facilitating reconciliation of revenue based on protocol activity/visit completion, invoicing, and cash received.
  • Identify responsible party to invoice for any other agreement/contract supporting clinical research.
  • Responsible for the financial management of study accounts for clinical research studies sponsored by industry or NIH and for Investigator-Initiated trials.
  • Monitors study accounts to evaluate that cost details are appropriate and within expected limits and to determine whether proper expenses had been charged.
  • Monitors study accounts for any deficits and/or surpluses and determine the best course of action.
  • Identifies amount accrued per executed clinical trial agreement
  • Issues and submits invoices for both protocol-related items and patient-related expenses per the executed contract
  • Issues internal invoices for staff time and effort allocation into study accounts
  • Oversees payment processing for satellite sites and/or affiliates
  • Responsible for financial closure of study accounts; negotiates with Sponsors the final payment due for account closeout
  • Maintains research practices using Good Clinical Practice (GCP) guidelines.
  • Maintains strict patient confidentiality according to HIPAA regulations and applicable law.
  • Participates in required training and education programs.
OPTIONS TO WORK REMOTELY AVAILABLE
Education Requirements:
High School Diploma/GED, required
Bachelor's  in Accounting, Finance, or other related degree, preferred

License/Certification Requirements:
ACRP/SoCRA (or equivalent) certification preferred

Experience:
Minimum of five (5) years of experience with billing, accounting, finance, budgeting, financial analysis or related field

Minimum of three (3) years of experience with clinical research pre/post grant and contract funding

  • Working Title: Clinical Trial Finance Analyst II - Post Award (Remote)
  • Department: SOCCI Clinical Research Office
  • Business Entity: Academic / Research
  • City: Beverly Hills
  • Job Category: Academic / Research
  • Job Specialty: Contract & Grant Budgeting / Funding
  • Position Type: Full-time
  • Shift Length: 8 hour shift
  • Shift Type: Day
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Cedars-Sinai is an EEO employer. Cedars-Sinai does not unlawfully discriminate on the basis of the race, religion, color, national origin, citizenship, ancestry, physical or mental disability, legally protected medical condition (cancer-related or genetic characteristics or any genetic information), marital status, sex, gender, sexual orientation, gender identity, gender expression, pregnancy, age (40 or older), military and/or veteran status or any other basis protected by federal or state law. If you need a reasonable accommodation for any part of the employment process, please contact us by email at Applicant_Accommodation@cshs.org and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.

Cedars-Sinai will consider for employment qualified applicants with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring.

At Cedars-Sinai, we are dedicated to the safety, health and wellbeing of our patients and employees. This includes protecting our patients from communicable diseases, such as influenza (flu). For this reason, we require that all new employees receive a flu vaccine based on the seasonal availability of flu vaccine (typically during September through March each year) as a condition of employment, and annually thereafter as a condition of continued employment.

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