Finance Associate

Finance Associate at Medasource Finance Associate at Medasource in Everett, Massachusetts Posted in 9 days ago.

Type:

full-time

Job Description:

Position:

Clinical Trials Associate Financial Analyst Dept:

Clinical Trials Office Location:

Boston, MA Hours:

Part-Time; 3 days/week onsite

PAY:

$30-35 an hour

Summary:

The junior financial analyst for clinical trials will play an integral role in Post-Award management of industry sponsored clinical trials. This individual's primary responsibility will be to work with and support the audit and accounts receivable management staff. This individual will work with other Financial Analysts and meet with research personnel in a collaborative effort to identify and quantify pertinent information impacting trial finances, generate invoices to pharma and biotech sponsors and follow standard collection practices to ensure funds due are received on time. This individual will also perform financial audits of clinical research studies and be a central resource to the Clinical Trials Office (CTO) for ad hoc financial and billing compliance projects.

Responsibilities:

Assist and support CTO Financial Analysts with financial management of clinical research projects. Perform financial audits of current and terminated clinical research projects to determine outstanding receivables Generate invoices to Pharmaceutical, Biotechnology and other external sponsors and collect funds due in accordance with payment schedules and executed contracts. Compile financial information and assist in the preparation and explanation of reports from multiple systems and databases for various meetings including deficit meetings and Principle Investigator meetings. Assist with the negotiation of budgets with industry sponsors to reach agreements appropriate to the costs of the trial. Assist with the investigational device review process to ensure adherence to fiscal, legal and federal compliance for clinical trials involving devices. Learn and posses a good understanding of the compliance and regulatory environment related to clinical trial finances. Work with Management on strategic projects for the CTO as needed.

Qualifications:

Associate's or BS Degree in finance or life sciences Research background or understanding preferred Auditing background or financial reconciliation experience preferred Proficiency with computer applications such as spreadsheets, databases, presentations and word processing Ability to exercise sound judgment, present data in a thoughtful, concise manner and communicate effectively with a wide variety of customers, internally and externally Must be able to work independently as well as a member of an interdisciplinary team. Must be able to manage and prioritize own workload, meet deadlines and maintain sensitive and confidential information.