Clinical Research Analyst

Clinical Research Analyst

The Clinical Research Analyst supports the financial and compliance aspects of clinical research activities, focusing on grant and contract interpretation, post-award financial management, and accurate reporting. This role ensures that research-related financial statements and transactions comply with federal regulations, sponsor requirements, and institutional policies, while providing clear, actionable information to stakeholders across the organization.

Responsibilities:

• Meet deadlines for established goals in an accurate and efficient manner across all assigned areas of responsibility.
• Provide support and assistance in developing, analyzing, and effectively communicating actionable financial and operational information to stakeholders at all levels, both internally and externally.
• Review and validate financial information, assumptions, and methodologies based on a thorough understanding of financial concepts, healthcare principles, and internal systems.
• Apply growing knowledge of federal regulations and policies on research compliance to ensure accuracy and completeness of research-related financial statements.
• Interpret grants and contracts executed through the Office of Sponsored Research and record related post-award financial activities in the People Soft system in accordance with existing policies and procedures.
• Ensure financial activities comply with sponsor requirements and audit standards established in the OMB Uniform Audit Guidance.
• Coordinate and provide post-award activities, including submission of financial progress reports, forecasting results, funding trend analyses, and award close-out, to ensure adherence to award terms and institutional policies.
• Prepare backup financial documentation and complete the schedule of expenditures of federal awards to support accurate reporting and compliance.
• Actively participate in the annual external audit of funds received from the government, including providing documentation and responding to audit inquiries.
• Manage revenue-related activities for research departments, including invoicing sponsors, following up on accounts receivable, and performing balance sheet reconciliations.
• Process study-related expenses such as payments to physicians, laboratory services, pharmacy, and imaging departments.
• Serve as a liaison to department leaders on research finance matters, providing guidance and clarification on financial policies and procedures.
• Collaborate with operations leaders to review monthly performance and assist with financial analysis and revenue projections for research activities.
• Assist research departments with annual budget preparation, ensuring alignment with financial guidelines and research objectives.
• Perform other duties as assigned or directed to support the smooth and efficient operation of the research finance department.

Essential

Skills:

• Self-motivated, detail-oriented, and able to manage multiple tasks effectively.
• Ability to apply Generally Accepted Accounting Principles (GAAP) in daily work.
• Understanding of double-entry accounting and an operational grasp of routine accounting functions.
• Excellent oral and written communication skills, with the ability to present financial information clearly.
• Strong computer proficiency, particularly with Microsoft Word and advanced Microsoft Excel functions such as VLOOKUP, Pivot Tables, and INDEX.
• Basic knowledge of research finance and its application in a clinical research environment.
• Basic knowledge and experience with clinical trials management systems (CTMS).
• Familiarity with federal requirements relating to grants and contracts.
• Basic experience with federal grant-related financial audits.
• Basic experience in general business functions involving interpretation of contract terms and conditions, financial analysis, and responsibility for revenue and accounts receivable management.
• Bachelors degree in Accounting, or a bachelors degree in a non-accounting discipline with adequate accounting coursework including intermediate accounting and upper-level financial and accounting courses.
• At least 1 year of experience in research finance or accounting.

Additional Skills &

Qualifications:

• Working knowledge of healthcare principles and internal financial systems is beneficial.
• Experience with People Soft or similar enterprise financial systems is advantageous.
• Ability to collaborate effectively with research, operations, and departmental leadership.
• Strong analytical skills for forecasting results and conducting…