Clinical Finance Analyst II - Site Payments - FSP / Sponsor Dedicated

Parexel International Corporation

Southeast, Remote, United States of America

Position Purpose:

The Clinical Finance Analyst II (CFA II) is responsible for Clinical financial and accounting processes, such as:

  • processing invoices and payments to investigators and vendors; reconciling payments with sites, vendors and corporate Finance
  • creating reports for corporate Finance and Development departments, and
  • ensuring current insurance information and documentation is conveyed appropriately to the insurance broker

Organizational Relationships:

  • Reports to Functional Service Provider (FSP) Line Management with day-to-day direction from the Client.
  • Liaises with cross functional lines as appropriate.

Primary Responsibilities:

  • Processes approvals and payments for invoices submitted by sites/vendors/clinical research organizations (CROs)
  • Ensures payments are within contractual agreements
  • Ensures appropriate coding processes are followed for efficiency and consistency
  • Identifies out of balance accounting records and reconciles with site/vendor/CRO and the finance department
  • Communicates directly with the site and vendors to resolve invoice differences
  • Conducts Quality Control process reviews and remediates, as needed
  • Maintains the clinical financial database
  • Ensures documentation is maintained to support an audit trail in the accounting system
  • Supports the Clinical relationship with Finance
  • Interfaces with Accounting for the close/reconciliation process
  • Serves as the Clinical Finance representative for study teams
  • Provides data for clinical trial forecasting and budgeting process
  • Ensures current insurance information and documentation is conveyed appropriately to broker
  • Anticipates clinical trial budget revisions due to out-of-scope services, enrollment delays, etc.
  • Processes financial termination/closure of study sites
  • Processes monthly clinical dashboard
  • Provides actual costs budget analysis
  • Manages special projects, as required
  • Completes assigned training, including general training requirements, Policies, Standard Operating Procedures (SOPs), system, and process-related training
  • Adheres to appropriate quality documents, to applicable Policies, SOPs, Training Guides, and processes
  • Demonstrates commitment to Parexel’s FSP Mission, Vision, and Values, and Parexel’s “We Care” Core Values

Education and Certification:

    Bachelor’s degree preferred and preferably in accounting or a related financial discipline

Skills and Experience:

  • Four (4) or more years of financial experience including Accounts Payable and Accounts Receivable or related experience in a biotech, CRO, finance and/or legal environment
  • Experience with a payment system and processes
  • Proficient in MS Office applications
  • Demonstrated detail-oriented skills
  • Demonstrated organizational and communication skills
  • Experience with financial analysis preferred
  • Knowledge of Code of Federal Regulations (CFR) preferred
  • Knowledge of Good Clinical Practice (GCP)/International Council on Harmonization (ICH), and European Clinical Trial Directive preferred

Language Skills:

  • Proficient in written and spoken English


Apply to this job