Clinical Finance Analyst II

About the Role

The Clinical Finance Analyst II is responsible for Clinical financial and accounting processes, such as processing invoices and payments to investigators and vendors; reconciling payments with sites, vendors and corporate Finance; creating reports for corporate Finance and Development departments; and ensuring current insurance information and documentation is conveyed appropriately to the insurance broker.

Responsibilities

• Process approvals and payments for invoices submitted by sites/vendors; ensure payments are within contractual agreements.
• Ensure appropriate coding processes are followed for efficiency and consistency.
• Identify out of balance accounting records and reconcile with site/vendor/ Parexel and the finance department.
• Communicate directly with the site and vendors to resolve invoice differences.
• Conduct Quality Control process reviews and remediate as needed.
• Maintain the clinical financial database.
• Ensure documentation is maintained to support an audit trail in the accounting system.
• Support the Clinical relationship with Finance.
• Interface with Accounting for the close/reconciliation process.
• Serve as the Clinical Finance representative for study teams.
• Provide data for clinical trial forecasting and budgeting process.
• Ensure current insurance information and documentation is conveyed appropriately to broker.
• Anticipate clinical trial budget revisions due to out-of-scope services, enrollment delays, etc.
• Process financial termination/closure of study sites.
• Process monthly clinical dashboard.
• Provide actual cost budget analysis.
• Manage special projects as required.
• Adhere to appropriate quality documents (e.g., SOPs, Training Guides), as applicable.

Qualifications

• Four (4) or more years of financial experience including Accounts Payable and Accounts Receivable or related field in a biotech or Parexel, finance and or legal environment
• Experience with a payment system and processes
• Proficient in MS Office applications
• Demonstrated detail‑oriented skills
• Demonstrated organizational and communication skills

Preferred Qualifications

• Bachelor’s degree in accounting or related financial discipline
• Experience with financial analysis
• Experience in biotech or Parexel finance environment
• Knowledge of CFR and GCP ICH requirements, as well as European Clinical Trial Directive

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