Rutgers, the State University of New Jersey is seeking a motivated Senior Financial Analyst for the Clinical Trials Office (CTO) within the Rutgers Institute of Translational Medicine and Science (RITMS).
The Senior Financial Analyst, under the direct supervision of the Rutgers Biomedical and Health Sciences (RBHS) Clinical Trials Office (CTO) Director, will assume a leadership role in overseeing clinical trial budget negotiations, invoicing, and implementation of policy for clinical trial budgeting and financial management within the CTO. Will also be responsible for management of the day-to-day financial operations of the CTO and will have shared oversight of the CTO's operating budget, in conjunction with the CRC's Finance Director and NJACTS Administrative Director. Additional responsibilities will include overseeing Medicare coverage analysis for all applicable clinical trials and maintaining a leadership role in the policy development for clinical research billing compliance at RBHS.
Among the key duties of this position are the following:
Develops policies and procedures related to clinical trial financial management, revenue cycle and budget negotiation.
Manages budget development and other pre-award activities for a diverse portfolio of Industry, Federal/Non-profit, and investigator-initiated clinical trials conducted at RBHS.
Manages financial tracking and billing for ClinCard.
Generates financial reports using the OnCore Clinical Trials Management System and other systems as applicable (i.e. RAPSS, Oracle, and Tableau).
Oversees post-award financial management of clinical trials, including sponsor invoicing, accounts payable, account reconciliation and closeout.
Compiles profit/loss reports.
Analyzes revenues to identify collection problems, billing issues, and other trends.
Minimum Education and Experience:
Bachelor's Degree in Finance, Accounting, or a related field, plus three (3) years of relevant experience in clinical research and the conduct of Medicare Coverage Analysis.
Equivalent experience, education and/or training may be substituted for the educational requirement.
Required Knowledge, Skills, and Abilities:
Knowledge and experience with journal entries, financial statement preparation and general accounting concepts.
Demonstrated strong analytical abilities.
Effective oral and written communication skills.
Must be computer literate with proficiency and working knowledge of database and reporting tools such as Microsoft Word, Access, and PowerPoint.
Advanced skill level in Excel.
The ideal candidate will be detail oriented, have excellent organizational, communication and interpersonal skills, hold self-accountable to high standards of professional excellence, be able to maximize resources and be resourceful, seek and accept personal and professional responsibility on a continued basis.
Must be capable of independent decision-making, and multitasking.
Clear experience of negotiating both industry-sponsored and non-industry sponsored clinical trials budgets.
Extensive background in associated regulations governing clinical research.
Strong understanding of policy and practice governing clinical research within a large institution.
Strong communication skills (verbal and written).
Ability to communicate complex information in English effectively both verbally and written to all levels of staff, management and external partners.
Ability to work well with all levels of staff both within an organization, across functions, and across cultures; demonstrated ability to work effectively in cultures and environments other than one's own.
Ability to meet or exceed customer service standards and expectations in assigned unit(s) and/or across multiple areas in a timely and respectful manner.
Self-motivated, detail-oriented and capable of handling significant responsibility, as well as, shifting priorities; exercises discretion; takes initiative to resolve problems.
Anticipates needs, responds quickly, provides guidance and support, monitors and follows up as required.
Must have a passion for excellent customer service and commitment.
Working knowledge of Clinical Trial Management Systems is highly desirable.
Physical Demands and Work Environment:
Lifting up to 25 lbs.
Posting Number: 21ST0267
Location: Downtown New Brunswick
Internal Number: 126126
About Rutgers University
Rutgers, The State University of New Jersey, is a leading national public research university and the state's preeminent, comprehensive public institution of higher education. Rutgers is dedicated to teaching that meets the highest standards of excellence; to conducting research that breaks new ground; and to turning knowledge into solutions for local, national, and global communities. As it was at our founding in 1766, the heart of our mission is preparing students to become productive members of society and good citizens of the world. Rutgers teaches across the full educational spectrum: preschool to precollege; undergraduate to graduate and postdoctoral; and continuing education for professional and personal advancement. Rutgers is New Jersey's land-grant institution and one of the nation's foremost research universities, and as such, we educate, make discoveries, serve as an engine of economic growth, and generate ideas for improving people's lives.