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The University of Iowa ICTS invites applications for a Senior Financial Analyst to join the Research Coordinator Core. This role provides expert financial oversight of clinical trial budgets, analyzes expenditures, and supports Principal Investigators with budget write-ups and reporting.
Responsibilities include budget development, budget negotiations with sponsors, and compliance with university financial policies.
The senior financial analyst will be an integral member of the research team in the Institute for Clinical and Translational Science (ICTS). This position is responsible for performing complex accounting functions, auditing clinical trial financial reports, negotiating clinical trials budgets, assisting Principal Investigators and others with budget writing within the clinical trial operations of the ICTS Research Coordinator Core. The position independently addresses complex, non-routine clinical trial financial issues, provides financial recommendations to stakeholders, and serves as a resource for interpretation and improvement of research financial processes.
Provide clinical trial budget oversight, conduct analysis of financial information to assist with trial budget preparation.
Review, analyze and audit accounts and reports to verify compliance with source of funding guidelines.
Monitor and reconcile account expenditures, irregularities, answer inquiries regarding usage and status of accounts; advise in usage and status of account; provide recommendations and implement corrective action.
Assist and advise granting agency auditors, principal investigators and staff in periodic, intermittent, and terminal account reviews. Responsible for opening and closing accounts.
Analyze and prepare monthly statement reports; maintain database record-keeping system to track all expenses and revenues. Moderate knowledge of financial systems. Assist in the development of financial proformas for financial planning.
Obtain and analyze statistical data for use in reports and presentations.
Independently evaluate complex financial trends, variances, and exceptions; develop financial recommendations and, when applicable, proformas to support planning and decision-making.
Maintain account balances and reconcile differences between various account balances and external sources.
Respond to financial inquiries from key stakeholders.
Contribute to implementation of policies and procedures related to accounting and reporting standards and practices. May perform external reporting requiring compliance with reporting standards.
Consult with principal investigators, department grant accountants, and administrators on budget submissions for clinical research studies with external financial support (private industry, federal or philanthropic grants).
Prepare, analyze and negotiate clinical trials budgets with industry sponsors and/or consortiums and cooperative groups.
Serve as liaison to University Counsel, accounting offices, faculty, staff, and industry representatives.
Prepare documentation; submit routing forms and obtain contract approvals as required; monitor and follow up as appropriate.
Participate in internal and external training and educational opportunities related to clinical trial billing, budgeting, and best practices.
Advise and educate faculty, staff, and others on policies, procedures and accounting regulations.
Recommend and assist with the development and delivery of training or guidance for faculty and staff on complex clinical trial financial processes and related University policies.
May provide training, oversight and functional and/or administrative supervision for staff.
Lead and oversee process improvement projects.
Participate in assigned workgroups and committees charged with reviewing ICTS clinical research administrative level finances and practices in clinical research, CTMS committees; provide recommendations and implement change as appropriate.
Participate in both internal and external multidisciplinary workgroups contributing to clinical trial billing and budgeting best practices.
Contribute to implementation of financial policies, procedures and guidance document related to account management, reporting practices, and clinical trial financial workflows.
Advise departmental or college-level stakeholders on complex clinical research financial policy questions; recommend improvements to procedures and support implementation of approved changes.
Transaction processing is minimal and may include review of transactions initiated by others when related to financial analysis or oversight.
The Institute for Clinical and Translational Science (ICTS) at the University of Iowa was approved by the Iowa Board of Regents in 2007 to support the work of investigators involved in clinical and translational science. Our mission is to accelerate translational science through programs to develop the translational workforce, to promote engagement of community members and other stakeholders, to promote research integration across the lifespan, and to catalyze innovative clinical and translational research. These efforts will lead to the development of novel therapies and healthcare delivery strategies, the integration of translational research and clinical practice, and, ultimately to measurable improvements in the health of Iowa and the nation.
Successful candidates will be required to self -disclose any conviction history and will be subject to a criminal background check and credential/education verification. Up to 5 professional references will be requested at a later step in the recruitment process.
This position is not eligible for University sponsorship for employment authorization.
The University of Iowa is an equal opportunity employer. All qualified applicants are encouraged to apply and will receive consideration for employment free from discrimination on the basis of race, creed, color, religion, national origin, age, sex, pregnancy (including childbirth and related conditions), disability, genetic information, status as a U.S. veteran, service in the U.S. military, sexual orientation, or associational preferences.
Persons with disabilities who need assistance or accommodations with the application or interview process may contact University Human Resources/Faculty and Staff Disability Services, (319) 335-2660 or fsds@uiowa.edu . For jobs in UI Health care, please contact UI Health care Leave & Disability Administration at 319-356-7543 .
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