Grants Payments Data Analyst

What the Grants Payments Data Analyst Does at Worldwide

The role of the Grants Payments Data Analyst is to assist in building a forecast model for needed forecasting outside of Medidata Payments, and to own that model and future updates and improvements. The role will also be involved in developing the forecasting process outside of Medidata Payments and how that links with forecasts from Medidata Payments. They will work closely with the Revenue Recognition, Clinical Payments, Investigator Grants Payments, and Project Analyst teams, along with other departments that contribute data to the forecasting and payment of sites, to assist in developing the end-to-end forecasting process of Clinical Site Payments. The Analyst will also be involved in developing a client-ready forecast format for the Project Analyst to incorporate into their Financial Client Deliverables.

What you will do

• Work with the Central Planning and Clinical Operations teams to gather current site enrollment and patient enrollment data (actuals and forecast)

• Assist in creating a model for forecasting needed outside of Medidata Payments and own the model and subsequent updates and improvements

• Assist in linking the forecast model with Medidata Payments forecasts

• Work with the Financial Planning and Analysis (FP&A) Revenue Recognition team to confirm adherence to requirements for financial audits

• Create client-ready forecast deliverables as specified per sponsor contracts

• Perform forecast analysis: plan vs. actuals; total budget needs with sponsor

• Notify Project Analysts and Global Project Leads of issues in over-forecast and under-forecast variances

• Ensure compliance with audit requirements and support the year-end and interim audit processes

• Support the Clinical Operations (CO) process

• Stay up to date with local and global revenue regulations

• Ensure accurate reporting to clients in a timely manner in line with client requirements

• Complete final reconciliation on study closeout and provide the Project Analyst with final client-ready reports for review

• Perform other duties as assigned. The duties and responsibilities listed above are representative of the nature and level of work assigned and are not necessarily all-inclusive.

What you bring to the role

• Ability to influence and challenge as required

• Understanding of the process of paying sites

• Understanding of accounting and revenue recognition standards

Your experience

• Strong analytical skills

• Proficient in Excel, databases, and accounting systems

• Degree educated with at least 2 to 5 years of finance experience

Promotion to the next level is not automatic based on years of experience. Personnel are evaluated on proven competency, level of responsibility, and ability to work independently.