Clinical Finance Analyst II

Parexel • Saint Paul, MN • 4h ago

The Clinical Finance Analyst 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

Responsibilities :

Process approvals and payments for invoices submitted by sites/vendors; ensure payments are within contractual agreements.

Ensure appropriate coding processes are followed for efficiency and consistency.

Identify out of balance accounting records and reconcile with site/vendor/ Parexel and the finance department.

Communicate directly with the site and vendors to resolve invoice differences.

Conduct Quality Control process reviews and remediate as needed.

Maintain the clinical financial database.

Ensure documentation is maintained to support an audit trail in the accounting system.

Support the Clinical relationship with Finance.

Interface with Accounting for the close/reconciliation process.

Serve as the Clinical Finance representative for study teams.

Provide data for clinical trial forecasting and budgeting process.

Ensure current insurance information and documentation is conveyed appropriately to broker.

Anticipate clinical trial budget revisions due to out-of-scope services, enrollment delays, etc.

Process financial termination/closure of study sites.

Process monthly clinical dashboard.

Provide actual cost budget analysis.

Manage special projects as required.

Adhere to appropriate quality documents (e.g., SOPs, Training Guides), as applicable.

Qualifications

Four (4) or more years of financial experience including Accounts Payable and Accounts Receivable or related field in a biotech or Parexel, 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

Preferred

Bachelor's degree in accounting or related financial discipline

Experience with financial analysis

Experience in biotech or Parexel finance environment

Knowledge of CFR and GCP ICH requirements, as well as European Clinical Trial Directive

LI-LG4

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EEO Disclaimer

Parexel is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to legally protected status, which in the US includes race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

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