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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.
Job Responsibility
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
Requirements
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
Nice to have
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