Reporting directly to the Manager of Finance of the Clinical Trials Office (CTO) of Columbia University's Vagelos College of Physicians & Surgeons (VP&S) at Columbia University Irving Medical Center (CUIMC), the Financial Analyst oversees the financial management of industry-sponsored clinical trials at CUIMC on behalf of study teams. The Financial Analyst will work closely with CTO colleagues, including financial analysts, contract officers, and budget analysts, as well as investigators and their research teams for the financial management of industry-sponsored clinical trials.
The CTO assists investigators and academic/research staff in developing clinical trials at VP&S and provides administrative resources and infrastructure to build and sustain clinical trials research at VP&S.
Create and update accounts within the university accounting system.
Interpret contract and budget language to ensure efficient collection of payments.
Create, distribute, and follow up on invoices for assigned caseload.
Ensure the accuracy of financial data: interpreting and analyzing account activity, auditing financial issues, and working with CTO colleagues, research teams, and sponsors to resolve issues.
Identify and address collection issues by tracking receipt of payments and analyzing aging and un-collectible account receivable balances.
Respond to inquiries in a timely manner and providing feedback and solutions to financial issues.
Analyze and present on financial activity for assigned caseload.
Reconcile accruals, payments, invoices, and other financial activity for clinical trial accounts through detailed analysis and proper documentation.
Ensure CTO closeout processes are performed through thorough review of contract, budget, accruals, and payments.
Bachelor's Degree or equivalent in education and experience plus three years of related experience.
Proficiency in Microsoft Office Suite (minimum intermediate level in Excel required)
Excellent analytical and critical thinking abilities, organizational, time management, problem solving skills, and attention to detail
Working knowledge of clinical research
Demonstrate ability to collaborate with partners in research, investigators and research teams
Ability to manage/handle multiple tasks, teams, and teamwork simultaneously
Strong customer service, oral and written communication skills
Ability to work in teams and independently in a highly productive environment
Maintain current knowledge of university policies as it relates to industry-sponsored clinical trials.
Establish and maintain frequent communication with sponsors, investigators, research teams or research administrators regarding account status and issues.
Assist management in identifying opportunities to improve processes: providing input for streamlining processes to facilitate collecting and analyzing data. Recommending improvements to current reconciliation process.
Perform other duties as assigned in support of the CTO leadership.
Equal Opportunity Employer / Disability / Veteran
Columbia University is committed to the hiring of qualified local residents.
Internal Number: 503744
About Columbia University
Columbia University is one of the world's most important centers of research and at the same time a distinctive and distinguished learning environment for undergraduates and graduate students in many scholarly and professional fields. The University recognizes the importance of its location in New York City and seeks to link its research and teaching to the vast resources of a great metropolis. It seeks to attract a diverse and international faculty and student body, to support research and teaching on global issues, and to create academic relationships with many countries and regions. It expects all areas of the university to advance knowledge and learning at the highest level and to convey the products of its efforts to the world.