Financial Analyst II
About The Position
The Financial Analyst II for the Clinical Trials Office (CTO) reports to the Manager of Financial Services in the CTO and provides administrative oversight of financial activities for clinical research studies managed within the Wilmot Cancer Institute (WCI). Working under general guidance with considerable latitude for independent judgment, the role manages clinical-trial financial and contractual terms, patient-charge and insurance-reimbursement decisions, research billing compliance, sponsor reimbursements, compensation, and other payments. The position develops and negotiates study-specific budgets for industry-supported investigator-initiated, cooperative-group, and industry-initiated research across all phases of clinical research. This work supports approximately $10 million in annual expenditures and 400–500 protocol budgets and amendments per year. The analyst coordinates with investigators, research teams, industry representatives, and University and hospital offices to ensure required procedures and labor are accurately accounted for and priced. The role also manages contract and budget amendments or extensions, OnCore calendar and budget processes, and study-related financial records.
Requirements
- Bachelor's degree in a finance functional area and 2 years of related experience, or an equivalent combination of education and experience.
- Demonstrated ability to be detail-oriented and accurate.
- Ability to handle multiple tasks simultaneously, with organizational and prioritization skills strongly preferred.
- Equivalent combinations of education and experience may be substituted if they provide proficiency in the listed areas of responsibility.
Nice To Haves
- Certification in finance, accounting, or clinical research.
- Experience with databases, word processing, spreadsheets, and document tracking.
- Strong organizational and prioritization skills.
Responsibilities
- Manage negotiations of simple and complex financial and contractual terms.
- Make specialized decisions regarding patient charges and insurance reimbursement guidelines, and ensure compliance with research billing regulations.
- Negotiate sponsor reimbursements, compensation, and other payments.
- Consult with the Office of Research and Project Administration (ORPA) on contractual rights and obligations, including indemnification, publication rights, and confidentiality.
- Manage activities related to contract amendments and extensions.
- Develop and negotiate budgets for all clinical-trial protocols submitted to the CTO.
- Create and manage study-specific budgets for investigator-initiated, cooperative-group, and industry-initiated research projects across all phases of clinical research.
- Ensure budgets accurately account for procedural and labor costs.
- Coordinate with principal investigators, Disease Working Groups, clinical study teams, industry representatives, ORPA, ORACS, and other University or hospital departments to account for and appropriately price protocol requirements.
- Oversee clinical-trial contracting in collaboration with ORPA, the Research Billing Compliance Office, and ORACS.
- Manage the OnCore calendar and budget process and execution, including assigned calendar builds and their internal review.
- Review and evaluate trial budgets for accuracy, identify issues, and propose solutions.
- Address study-specific amendments; manage budget, contract, and OnCore changes and collaborate with the Compliance Office to finalize amendments.
- Maintain organized study-related files.
- Collaborate with the Operations team to ensure appropriate finance documents are available.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
