Sr. Financial Analyst, Clinical Trials

Boston Medical Center; United States; Remote; USD 80,000 - 100,000; Full time

Job summary

A prestigious medical institution is looking for a Sr. Financial Analyst for Clinical Trials in Boston, MA. This role involves financial management of clinical research, developing budgets, and ensuring compliance with federal regulations. Candidates should have a Bachelor's degree, strong Excel skills, and at least five years of experience in financial analysis. The position offers competitive pay and comprehensive benefits in a supportive work environment.

Benefits

Competitive pay

Tuition reimbursement and remission programs

Subsidized medical, dental, and vision insurance

Access to ongoing training and development

Engagement in groundbreaking research projects

Qualifications

• Minimum of five years professional experience in research administration or financial analysis.
• Ability to interpret financial data and operating metrics.
• Experience working within a medical organization.

Responsibilities

• Facilitates the financial management of clinical research studies.
• Develops accurate budgets for clinical trials.
• Creates and analyzes financial reports related to clinical trials.

Skills

Advanced MS Excel

Strong financial management/forecasting skills

Excellent written and verbal communication

Detail oriented

Ability to multitask

Education

Bachelor's Degree in Economics, Business, Accounting or Finance

Master's Degree

Tools

MS Word

MS Access

MS PowerPoint

Lawson LBI

Job description

Position: Sr. Financial Analyst, Clinical Trials

Location: Boston, MA

Schedule: 40 hours per week, Remote

About BMC

At Boston Medical Center (BMC), our diverse staff works together for one goal — to provide exceptional and equitable care to improve the health of the people of Boston. Our bold vision to transform health care is powered by our respect for our patients and our commitment to ensure everyone who comes through our doors has a positive experience.

You’ll find a supportive work environment at BMC, with rich opportunities throughout your career for training, development, and growth and where you’ll have the tools you need to take charge of your own practice environment.

Position Summary

Facilitates the financial management associated with planning, negotiating, setting up, managing, and closing out clinical research studies. Responsibilities include evaluating study protocols and developing accurate budgets, meeting with research personnel to identify and quantify pertinent information impacting clinical trial finances, distinguish between billable (standard of care or SOC) and non-billable costs and ensure overall adherence to Federal compliance in the budgeting process.

The Sr. FA serves as a primary resource on the business aspects of clinical research and works with the study teams to develop coverage analyses, clinical trial budgets, and reports to track and monitor receivables. Develops integrated revenue/expense analyses, projections, reports, and presentations. Creates and analyzes clinical trial financial reports and ensures financial information has been recorded accurately. Communicates findings as appropriate. Performs financial forecasting and reconciliation of internal clinical trial accounts.

Job Requirements

Education

• Bachelor's Degree required, with preference for concentration in Economics, Business, Accounting or Finance.
• Master's Degree highly desired.

Experience

• Minimum of five years professional experience in research administration or a financial analysis/ accounting function.

Knowledge and Skills

• Advanced MS Excel, Word, Access, and PowerPoint skills. Experience with or ability to learn Lawson LBI, SDK, and additional application systems.
• Highly analytical thinking with demonstrated talent for identifying, scrutinizing, improving, and streamlining complex work processes.
• Strong financial management/forecasting skills. Ability to interpret financial data and operating metrics.
• Detail oriented with strong organizational skills. Ability to multitask and prioritize work is essential.
• Ability to meet deadlines and maintain sensitive and confidential information.
• Excellent written and verbal communication as well as interpersonal skills.
• Experience working within a medical organization and team environment is strongly desired

Job Benefits

• Competitive pay
• Tuition reimbursement and tuition remission programs
• Highly subsidized medical, dental, and vision insurance options
• Career Advancement/Professional Development: Access a wealth of ongoing training and development opportunities that will not only enhance your skills but also expand your knowledge base especially for individuals pursuing careers in medicine or biomedical research.
• Pioneering Research: Engage in groundbreaking research projects that are driving the forefront of biomedical science.

About the Department

As the primary teaching hospital for Boston University Chobanian & Avedisian School of Medicine and BU schools of public health and dentistry, intellectual rigor shapes our inquiries. Our research is led by a belief that skin color, zip code, and financial circumstances shouldn’t dictate health.

Boston Medical Center is an Equal Opportunity/Affirmative Action Employer. If you need accommodation for any part of the application process because of a medical condition or disability, please send an email to [e-mail] or call 617-638-8582 to let us know the nature of your request.

Equal Opportunity Employer/Disabled/Veterans

According to the FTC, there has been a rise in employment offer scams. Our current job openings are listed on our website and applications are received only through our website. We do not ask or require downloads of any applications, or “apps” job offers are not extended over text messages or social media platforms. We do not ask individuals to purchase equipment for or prior to employment.