Financial Analyst

The Ohio State University Wexner Medical Center

Glen Ellyn (IL)

Hybrid

USD 65,000 - 95,000

Full time

3 days ago
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Benefits offered by this job

Comprehensive benefits

Job summary

The Ohio State University Wexner Medical Center is seeking a Financial Analyst to support Clinical Research Finance & Compliance (CRFC). The role focuses on accounting, revenue recognition, budgeting, and forecasting for Oncology clinical trials, coordinating with PIs, CTO, and sponsors to ensure accurate billing and cost tracking.

Responsibilities include contract review support, monthly revenue-cost reconciliations, and maintaining budget forms for various trials using OnCore.

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field required.
  • 2 years of relevant experience required.
  • Proficiency in Microsoft Excel required.
  • Knowledge of a general ledger system desirable.

Responsibilities

  • Manage revenue recognition and budgeting for oncology clinical trials.
  • Perform monthly reconciliations of revenues and costs for assigned projects.
  • Coordinate with CTO, PIs, and sponsors to develop budget forms and ensure billing compliance.
  • Utilize OnCore to capture study costs and track revenues.

Skills

Excel proficiency
Budgeting

Education

Bachelor's degree in Accounting/Finance or related field

Tools

OnCore
General ledger systems

Job description

Financial Analyst page is loaded## Financial Analystremote type: Hybridlocations: Health System Shared Servicestime type: Full timeposted on: Posted Yesterdayjob requisition id: R160331Screen reader users may encounter difficulty with this site. For assistance with applying, please contact hr-accessibleapplication@osu.edu. If you have questions while submitting an application, please review these .**Current Employees and Students:**If you are currently employed or enrolled as a student at The Ohio State University, please log in to to use the internal application process.Welcome to The Ohio State University's career site. We invite you to apply to positions of interest. In order to ensure your application is complete, you must complete the following:* Ensure you have all necessary documents available when starting the application process. You can review the additional job description section on postings for documents that may be required.* Prior to submitting your application, please review and update (if necessary) the information in your candidate profile as it will transfer to your application.## Job Title:Financial Analyst## Department:CCC | CRFC Clinical Research Finance and Compliance**Job Description**Clinical Research Finance & Compliance (CRFC) is responsible for the accounting and analysis of key financials for all Oncology clinical trials; focusing on Revenue and Billing. Responsibilities across the group include revenue recognition and forecasting, project costing, negotiation of contract terms, monthly reconciliation and invoicing, coverage analysis, patient claim review, patient reimbursement, and assistance with internal audit requests; provides support to the Clinical Trials Office (CTO), Principal Investigators (PIs), and various Business Units across the Medical Center and College of Medicine; determines research costs for protocol specific clinical trial activities based on the Medicare Coverage Analysis in collaboration with clinical research staff, PIs, and other third parties, to create internal budgets for clinical trials within the assigned DSRGs; works with industry Sponsors to develop and agree the contracted prices for clinical trial services; assists in contract review and negotiations alongside the Office of Sponsored Programs and CRFC Contract Analysts for initial contracts as well as modifications to existing contracts; communicates with the clinical team and sets up budget forms needed for each trial to help ensure billing compliance; facilitates the daily financial management of assigned project portfolio; creates and/or approves order requests; performs reconciliations of recognized revenues and costs for assigned projects; reviews cancer patient bills to identify standard of care versus research procedures; utilizes OnCore to ensure protocol activities are completed as required, capture and recognize revenue, and track actual study costs; coordinates with support staff to ensure sponsors are invoiced in a timely and accurate manner; assists in analysis of budget to actual data on monthly, quarterly, and annual bases and for revenue calculations and forecasting.**Minimum Education Required**Bachelor's Level Degree or equivalent combination of education and experience**Required Qualifications**Bachelors degree in Accounting, Finance, or other Business related field required, or an equivalent combination of education and experience. 2 years of relevant experience required. Proficiency in Microsoft Excel is required. Knowledge of a general ledger system is desirable. Requires successful completion of a background check; selected candidate may be asked to complete a pre-employment physical including a drug screen.**Career Roadmap:****FUNCTION:**Finance**SUB-FUNCTION:** Financial Operations**CAREER BAND:** Individual Contributor - Specialized**CAREER LEVEL:** s2## Additional Information:## Location:Ackerman Rd, 660 (0242)## Position Type:Regular## Scheduled Hours:40## **Shift:**First Shift***Final candidates are subject to successful completion of a background check. A drug screen or physical may be required during the post offer process.***Thank you for your interest in positions at The Ohio State University and Wexner Medical Center. Once you have applied, the most updated information on the status of your application can be found by visiting the section of this site. Please view your submitted applications by logging in and reviewing your status. For answers to additional questions please review the .The university is an equal opportunity employer, including veterans and disability.At Ohio State, you'll find work that inspires you. We offer roles and growth opportunities in countless fields and specialties - including a job that's right for ***you***.### Starting day one: Comprehensive benefits.give you options to take care of what matters most to *you* - and opportunities to make adjustments as your life and needs change, including:- Medical, dental and vision coverage, with Ohio State paying a significant portion of the cost.- Paid time off, including sick and vacation time and 11 holidays.- State retirement plan or an alternative retirement plan, both with generous employer contributions.As Buckeyes, we accomplish more together. No matter your role, you'll be part of creating what people need now: pathways to education, research and health care.Working at Ohio State means you're part of a team with a strong sense of community and an unwavering commitment to excellence - and, of course, incomparable Buckeye spirit. We bring out the best in people, help each other succeed and learn together.By joining Ohio State, you become part of a top-20 public university with one of America's leading academic health centers. We're a team of dedicated colleagues with access to boundless resources that support you.
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