Financial Analyst

Actalent
Rochester, NY Full Time
POSTED ON 12/19/2022 CLOSED ON 2/9/2023

What are the responsibilities and job description for the Financial Analyst position at Actalent?

Position Overview:

  • Under general guidance and with latitude for exercise of independent judgment to prepare and manage the life cycle of clinical trial budgets and trial specific contract terms for the Clinical Trials Office
  • Plans, implements, coordinates, administers and evaluates all aspects of the budget and trial specific contact terms for protocols
  • Provide professional direction of the planning, implementation, coordination, operation and evaluation of funded Investigator-Initiated and Industry-Initiated research protocols, for the Medical/Hematology Oncology investigators of the Cancer Center in addition to budget and billing matters for large cancer center grant funded projects (SWOG, SPORE other NIH funded grants)
  • Assists study coordinators with study related charges and requisitions as required by ancillary departments, third party billers and Coverage Analysis
  • Supervises the financial administrators and post award management for all protocols
  • Maintain a working knowledge of academic research budget practices and procedures by reviewing research budgeting literature and attending pertinent meetings and seminars

Job Responsibilities:

  • Serves as liaison between Office of Research and Project Administration (ORPA), Office of Research Accounting and Costing Standards (ORACS), Principal Investigator (PI), Industry representatives, and collaborating academic Institutions to create and manage budgets for Industry supported Investigator-Initiated and Industry-Initiated research projects in all phases of clinical research. Plan and execute the required aspects of the budget management of the research project working with the PI, the Sr. Financial Administrator, Health Project Coordinators, Industry representatives, ORPA, ORACS, and other hospital departments. Tasks may include, but are not limited to the following:
    • Prepare and negotiate budgets to accompany contracts and subcontracts for research projects
    • Negotiate trial specific contract language
    • Review and reconcile monthly ledger for Clinical Trials Office accounts
    • Coordinate accounts payable/receivable transactions with internal/external entities for services associated with research projects
  • Coordinate and correspond with Industry representatives and collaborating academic Institutions for all active funded research projects managed by the Clinical Trials Office. Collaborate with personnel in other departments and facilities to implement study specific activities and to coordinate financial transactions for services. Consult regularly with PI and Health Project Coordinators concerning patients enrolled to research protocols as they relate to study specific procedures
  • Post award management activities, including: amendments, contract end dates, review charge reports, categorize services in relation to qualified clinical trials, liaison between compliance, patient accounts, and staff to maintain compliance

Additional Skills & Qualifications:

  • Bachelor’s degree in a health related, business, accounting or financial area, plus 2-3 years of related experience required
  • Certification (finance, accounting or clinical research) preferred
  • Experience with databases, word processing, spreadsheets and document tracking required
  • Excellent communication and organization skills are essential

About Actalent:

Actalent connects passion with purpose. Our scalable talent solutions and services capabilities drive value and results and provide the expertise to help our customers achieve more. Every day, our experts around the globe are making an impact. We’re supporting critical initiatives in engineering and sciences that advance how companies serve the world. Actalent promotes consultant care and engagement through experiences that enable continuous development. Our people are the difference. Actalent is an operating company of Allegis Group, the global leader in talent solutions.

The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

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