Clinical Research Financial Analyst III (Durational with Benefits)

The Clinical Research Financial Analyst is responsible for managing the financial lifecycle of clinical trials and clinical research studies. This role ensures accurate budgeting, billing, compliance, and financial reporting aligned with institutional policies, sponsor agreements, and regulatory requirements. This position partners closely with central and divisional research administrators and sponsors to ensure financial integrity and operational efficiency across all research activities.

Billing & Revenue Cycle Oversight

• Ensure proper billing compliance (avoid double billing and billing errors)
• Generate invoices to sponsors based on contract terms and milestones
• Track accounts receivable and follow up on outstanding payments

Accounting & Financial Reporting

• Prepare monthly financial reports for research portfolios as needed
• Support accruals, journal entries, and financial close processes
• Maintain audit-ready documentation for all financial activities

Stakeholder Collaboration

• Partner with CT study teams on financial planning
• Provide guidance on allowable costs and financial best practices
• Support contract negotiations from a financial perspective

Job Summary:

This individual contributor is primarily responsible for supporting financial planning, modeling, analysis, and forecasting. This includes identifying and preparing reports on financial and budgeting trends, assisting in analysis of operational performance, and gathering and preparing recommendations on financial activities and plans.

Essential Responsibilities:

• Pursues self-development and effective relationships with others by proactively providing resources, information, advice, and expertise; influencing others through technical explanations and examples; providing occasional mentoring to team members; listening and responding to feedback; creating plans to capitalize on strengths and develop weaknesses; and adapting to change.
• Completes work assignments by applying up-to-date expertise in subject area to generate creative solutions; ensuring all procedures and policies are followed; collaborating cross-functionally to solve business problems; and escalating issues or risks as appropriate.
• Supports the evaluation of the business environment by conducting financial assessments and generating reports summarizing business, financial, or economic data.
• Completes costing activities by identifying cost avoidance and cost recovery opportunities.
• Supports improving financial performance by identifying financial trends; using results of analyses; and partnering with the business to address operational performance issues.
• Supports business modeling by developing best-practice models and analyzing risk alternatives.
• Supports reporting of region/business unit financial information by evaluating financial trends, data analysis reports, and forecasts of income and expense.
• Supports assessment of the business vision, objectives, and strategic initiatives by conducting research to assess financial impact.
• Creates budgets and/or forecasts under the guidance of others by analyzing budgeting trends and coordinating with others to develop department/regional budgets.
• Evaluates performance/operations/financial state by conducting complex financial analyses and completing complex variance analysis.
• Supports internal and external audits by assisting with preparation of audit schedules and review of audit results.
• Supports field operations by analyzing their operational/financial performance.
• Supports Financial Statement Analysis of business partners by determining the financial status of business partners and assessing risk implications.
• Supports others in advising region/business unit leaders on strategic fiscal matters by preparing regular and special reports.
• Supports strategic financial planning by performing and evaluating financial, utilization, and benchmark analytics.
• Supports strategic financial planning by gathering and preparing recommendations for financial plans and operating forecasts.

Knowledge, Skills and Abilities: (Core)

• Ambiguity/Uncertainty Management
• Attention to Detail
• Business Knowledge
• Communication
• Critical Thinking
• Cross-Group Collaboration
• Decision Making
• Dependability
• Diversity, Equity, and Inclusion Support
• Drives Results
• Facilitation Skills
• Health Care Industry
• Influencing Others
• Integrity
• Learning Agility
• Organizational Savvy
• Problem Solving
• Short- and Long-term Learning & Recall
• Teamwork
• Topic-Specific Communication

Minimum Qualifications:

• Bachelor's degree in finance, business, or related field and a minimum of three (3) years of Financial Planning & Analysis experience, or directly related business experience. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.

Preferred Qualifications:

• One (1) year experience in a leadership role with or without direct reports.
• One (1) year project management experience.