Financial Analyst

LRES Corporation; Maywood (IL); Hybrid; USD 65,000 - 70,000; Full time

Job summary

Loyola University Chicago in Maywood, IL is seeking a Financial Analyst to support pre-award and post-award financial activities for clinical trials. You will review budgets, analyze cost coverage, and coordinate with sponsors to ensure accurate invoicing and compliant financial reporting.

The role requires a Bachelor's degree in finance or healthcare administration and 2+ years of financial analysis experience, with advanced Excel skills.

Qualifications

• Education: Bachelor's degree in Finance, Accounting, Business or Healthcare Administration.
• Experience: 2+ years of financial analysis experience.
• Strong analytical and mathematical skills; attention to detail.

Responsibilities

• Review coverage analyses and study protocols.
• Build comprehensive budgets for industry, federal, and non-profit studies and amendments.
• Negotiate financial terms with sponsors to maximize cost recovery.
• Collaborate with leaders, principal investigators and staff to align budgets with clinical workflows.
• Collaborate with medical center colleagues to ensure cost coverage and billing designations.
• Review financial terms in clinical trial agreements and perform final budget QC.
• Refine departmental processes to maximize cost recovery.
• Coordinate document preparation, review and filing of trial proposals, budgets, amendments.

Skills

Financial analysis

Budgeting

Attention to detail

Communication

Negotiation

Education

Bachelor's degree in Finance, Accounting, Business or Healthcare Administration

Tools

Excel

Microsoft Office

Job description

Employment Opportunities Designed to Help Us Collaborate in Creation!

Financial Analyst

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Position Details

Position Details Job Title Financial Analyst Position Number 8150652 Work Modality Fully In-Person Is this request for the creation of a new Position (or the modification of an existing Position) to temporarily support the WorkDay ERP? No Job Category University Staff Job Type Full-Time FLSA Status Exempt Campus Maywood-Health Sciences Campus Department Name CBCC RESEARCH Location Code CBCC RESEARCH (06310A) Is this split and/or fully grant funded? No

Duties and Responsibilities:

Pre-Award Duties

• Review coverage analyses and study protocols to ensure required procedures and schedules are included.
• Build comprehensive budgets for industry, federal, and non-profit studies and amendments.
• Negotiate financial terms with pharmaceutical sponsors to maximize cost recovery.
• Collaborate with CCTO leaders, principal investigators and study staff to align budgets with clinical operational workflows.
• Collaborate with medical center colleagues to ensure cost coverage and billing designations/compliance.
• Review financial and payment terms in clinical trial agreements. Perform final study budget review/QC during contract execution phase.
• Refine departmental processes to ensure compliance and efficiency and maximize cost recovery.
• Coordinate document preparation, review and filing of clinical trial proposals, agreements, budgets, CAs, amendments, etc.

Post-Award Duties

• Establish unique fund accounts within the university financial system.
• Upload executed study budgets into Clinical Trial Management System.
• Prepare and submit study start-up invoices and all other sponsor invoices as defined in the clinical trials agreement. Track invoices and receivables.
• Track patient enrollments to trigger accurate sponsor invoicing.
• Process deposits on a weekly basis, reconcile monthly ledgers to ensure payments are received and recorded appropriately.
• Process research-related invoices for patient care, laboratory, pharmacy, imaging services and others as required.
• Conduct final closeouts of accounts upon study completion, including review of study activity and clinical trial agreement to ensure all costs have been invoiced and paid.
• Monitor financial and other metrics associated with position, produce monthly reports for CCTO leadership.

Other duties as assigned.

Minimum Education and/or Work Experience

Education: Bachelor’s degree in Finance, Accounting, Business or Healthcare Administration

Experience: 2+ years of financial analysis experience

Qualifications

Preferred Qualifications: Possess strong analytical and mathematical skills, attention to details and organizational ability. Computer literate with working knowledge of software applications (word processing, spreadsheet and database), especially of clinical trials budget spreadsheets. Familiarity with Medicare Coverage Analysis ( MCA ) guidelines, medical billing codes. Demonstrated knowledge of Clinical Trial billing compliance and pre- and post-award activities. Understanding of the expectations and requirements of external and internal auditing. Effective verbal, written and interpersonal communication skills. Demonstrate diplomacy, tact and professional demeanor. Ability to relate to diverse age and demographic backgrounds.

Certificates/Credentials/Licenses

N/A

Computer Skills

Proficiency in all Microsoft Office suite of programs. Advanced skills in Microsoft Excel required.

Supervisory Responsibilities

No

Vehicle Requirements

No Required operation of university owned vehicles

Animal or Patient Contact

No

Physical Demands

None

Working Conditions

None

Open Date

09/02/2026

Close Date

Position Maximum Salary or Hourly Rate $70,000/ann Position Minimum Salary or Hourly Rate $65,000/ann

Special Instructions to Applicants

As a Jesuit, Catholic institution of higher education, we seek candidates who will contribute to our strategic plan to deliver a Transformative Education in the Jesuit tradition. To learn more about Loyola University Chicago’s mission, candidates should consult our website at www.luc.edu/mission/. For information about the university’s focus on transformative education, they should consult our website at www.luc.edu/transformativeed.

About Loyola University Chicago

Founded in 1870, Loyola University Chicago is one of the nation’s largest Jesuit, Catholic universities, recognized for its academic excellence, commitment to community engagement, and leadership in sustainability. A Carnegie R1 research institution, Loyola leverages its status as one of an elite group of universities with the highest level of research activity to advance knowledge that serves communities and creates global impact. With 15 schools, colleges, and institutes —including Business, Law, Medicine, Nursing, and Health Sciences—Loyola operates three primary campuses in the greater Chicago area and one in Rome, Italy, that provide students a transformative, globally connected learning experience. Consistently ranked among the nation’s top universities by U.S. News & World Report, Loyola is a STARS Gold-rated institution that is ranked as one of the country’s most sustainable campuses by The Princeton Review and has earned distinctions from AmeriCorps and the Carnegie Foundation for its longstanding record of service and community engagement. Guided by its Jesuit mission and commitment to caring for the whole person, Loyola educates ethical leaders who think critically, act with purpose, and strive to create a more just and sustainable world.

Loyola University Chicago strives to be an employer of choice by offering its staff and faculty a wide array of affordable, comprehensive, and competitive benefits. To view our benefits in detail, click here.

Loyola adheres to all applicable federal, state, and/or local civil rights laws and regulations prohibiting discrimination in private institutions of higher education. Please see the University’s Nondiscrimination Policy.

Applicant Documents

Required Documents

• Resume
• Cover Letter/Letter of Application

Optional Documents

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