Clinical Research Finance Specialist II

Dana-Farber Cancer Institute; Brookline (MA); On-site; USD 72,000 - 80,000; Full time

Job summary

Dana-Farber Cancer Institute in Boston, MA seeks a Clinical Research Accounting Specialist II to oversee financial reconciliation and invoicing for Clinical Research activities. You will manage accounts receivable/payable, track study financial activity across multiple centers, and ensure accurate coding and recording in the CTMS.

You will interact with study teams and sponsors to resolve financial inquiries.

Qualifications

• Bachelor’s degree in accounting or finance.
• 1 year accounts payable or accounts receivable experience.
• MCA Certification within 1 year of hire.
• Working knowledge of the clinical trials lifecycle preferred.

Responsibilities

• Reviews and ensures adherence to financial terms and conditions of Clinical Research contracts and budgets.
• Maintains accurate and organized accounts receivable, accounts payable, and financial reconciliation files.
• Actively manages and tracks study financial activity across multiple complex disease centers and sites of service in the CTMS and works closely with study teams to ensure financial activity is up to date.
• Conducts timely on-going financial reconciliation of study invoices and payments through study closure.
• Ensures timely and accurate invoicing for services rendered and expenses incurred and ensures all invoices and payments are properly authorized, coded, and recorded in the CTMS.
• Investigates, processes, and responds promptly to invoice revision requests and financial reconciliation requests.
• Reviews and verifies study payments received, applies payments to applicable study activity in the CTMS, and reconciles discrepancies.
• Assists with pursuing collections from extramural research sponsors and funding sources.
• Organizes and maintains the Clinical Research Accounting central e-mail box; responds in a timely manner to applicable study financial e-mail communications.
• Works closely with study and finance teams to address financial inquiries and support study-related financial management.
• Liaise with sponsors, funding sources, and other external parties regarding study financial matters.
• Actively works with sponsors, funding sources, and study teams to resolve study financial issues and discrepancies.
• Works closely with sponsors, funding sources, and study teams to complete final study financial reconciliations and reports final outcome.
• Liaise with Clinical Research Financial Analyst and report on study invoices, payments, and financial reconciliation status.
• Prepares study financial reports, forecasts, and analyses for internal and external stakeholders and assists Clinical Research Financial Analysts in the preparation of Disease Center study financial reports.
• Maintains thorough documentation of financial transactions, reconciliations, and supporting documentation for audits and general financial reporting.
• Identifies opportunities for process improvements and efficiencies in financial reconciliation procedures.
• Implements best practices and contributes to the development of financial management policies and procedures.
• Handles moderately complex issues and problems and refers more complex issues to higher level Clinical Research Accounting team members.
• Works independently to identify and resolve opportunities for enhancing invoicing and collections.
• May provide leadership, coaching, and/or mentoring to junior Clinical Research Accounting team members.

Skills

Communication

Data entry

Excel proficiency

Accounting principles

Analytical skills

Attention to detail

Customer service

Education

Bachelor’s degree in accounting or finance

MCA Certification within 1 year of hire

Clinical trials lifecycle knowledge

Tools

CTMS

Microsoft Excel

Microsoft Office Suite

Job description

Dana-Farber Cancer Institute in Boston, MA seeks a Clinical Research Accounting Specialist II to oversee financial reconciliation and invoicing for Clinical Research activities. You will manage accounts receivable/payable, track study financial activity across multiple centers, and ensure accurate coding and recording in the CTMS.

You will interact with study teams and sponsors to resolve financial inquiries.