Clinical Research Analyst

Job Title:

Clinical Research Analyst

Job Description

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.

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Experience with People Soft or similar enterprise financial systems is advantageous.

+ Ability to collaborate effectively with research, operations, and…