Research Finance Consultant - OHRI

## Research Finance Consultant - OHRIApplylocations:
HYBRID - RIVERSIDE METHODIST HOSPITAL time type:
Full time posted on:
Posted Todayjob requisition :
JR155645
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** Job Description

Summary:

** The Research Finance Consultant (RFC) serves as the primary financial manager for assigned clinical research studies and projects following study activation through final closeout. The position is responsible for post-award financial management, sponsor invoicing, accounts receivable management, financial forecasting, CTMS financial maintenance, revenue integrity, compliance oversight, and study closeout activities.
The Research Finance Consultant acts as a strategic partner to investigators, study teams, Corporate Finance, Sponsored Programs, Revenue Cycle, and operational stakeholders to ensure accurate revenue capture, timely collections, compliance with regulatory requirements, and financial sustainability across the research enterprise.
This position serves as a steward of research financial operations by promoting financial accountability, data integrity, process standardization, operational excellence, and continuous improvement throughout the research study lifecycle. The role is expected to drive timely invoicing, reduction of aged receivables, CTMS data quality, study profitability monitoring, and process optimization initiatives that support the long-term financial health of Ohio Health Research Institute.
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* Responsibilities And Duties:

** 50% Post-Award Financial Management  Serves as the primary financial manager for assigned research portfolios following study activation.  Responsibilities  Manage the financial lifecycle of assigned clinical trials, grants, and research projects.  Monitor study revenue, expenses, cash flow, and financial performance.  Conduct monthly reconciliations of all assigned study accounts.  Develop and maintain study-specific financial forecasts and budget projections.  Review study financial activity to ensure compliance with executed agreements and funding sources.  

Monitor study enrollment, activity, and milestone achievement to ensure accurate revenue recognition.  Provide monthly financial updates and analysis to investigators and study teams.  Review incoming payments to OHRI, match each payment to the correct clinical trial, and enter and apply the payment in CTMS.  Prepare and submit invoices for study start-up and coordinate amendment and closeout invoicing activities.  Monitor financial risks and identify opportunities for revenue preservation and cost containment.  

Serve as the primary financial resource for assigned study teams.  Maintain complete, organized, and audit-ready financial documentation.  20% Accounts Receivable and Sponsor Collections  Serves as the primary owner of accounts receivable management activities for assigned portfolios.  Responsibilities  Monitor accounts receivable aging reports and outstanding sponsor balances.  Perform collection activities including sponsor outreach, payment follow-up, and resolution of outstanding invoices.  Investigate unpaid invoices, short payments, disputed charges, and delayed reimbursements.  

Escalate high-risk or delinquent receivables according to departmental procedures.  Maintain detailed documentation of collection activities and sponsor communications.  Work with Corporate Finance and Accounting to resolve unapplied cash and payment discrepancies.  Develop and maintain AR tracking tools and collection work queues.  Partner with study teams to resolve deficiencies affecting invoicing and payment collection.  Support organizational AR reduction initiatives and financial sustainability efforts.  

Identify root causes contributing to aged receivables and recommend corrective actions.  Monitor collection performance metrics and follow established…