Financial Analyst - Hybrid - Cancer Center

University of Iowa•Iowa City, IA

1d•Hybrid

About The Position

The Holden Comprehensive Cancer Center at the University of Iowa is seeking a Financial Analyst responsible for complex accounting functions, budget, and financial analysis within the clinical trial operations of the Holden Comprehensive Cancer Center (HCCC) Clinical Research Services (CRS). This position is eligible for a hybrid work arrangement after a 6-month onsite training period, with the majority of work on the U of I/UI Health Care campus. Work arrangements are reviewed annually and must comply with remote work policies. Key responsibilities include financial oversight and budgeting (60%), financial reporting (10%), budget analysis/contract preparation (20%), leadership (5%), and education, training, and compliance (5%). The workload involves monitoring and reconciling clinical trial accounts and processing budget amendments. Administrative and functional supervision is received from a Financial Analyst Supervisor, and the role may involve supervising students or other staff.

Requirements

Bachelor’s degree in Business Administration or Accounting or an equivalent combination of education and experience.
Minimum 1 year accounting and/or financial experience.
General knowledge of accounting practices.
Excellent written, verbal and interpersonal communication skills.
Ability to Multi - task.
Ability to work with minimal supervision and collaborate with cross-functional teams.
Self-motivated with a passion for continuous learning and a desire to take on tough and challenging projects.
Experience managing complex financial information requiring strong attention to detail.
Demonstrated proficiency in computer software applications, including Microsoft Excel and various database (PeopleSoft, Tableau, and Access).

Nice To Haves

Experience with financial contracts.
Experience with University insurance and/or billing process.
Experience with or knowledge of clinical trials/human subject research.
Medical Terminology.
Experience with University of Iowa accounting financial systems.
Experience preparing and negotiating budgets.
Knowledge of University of Iowa business policies, procedures and regulations.

Responsibilities

Monitor and reconcile Single MOG clinical trial account expenditures and irregularities.
Answer inquiries regarding usage and status of accounts and provide recommendations for corrective action.
Responsible for opening and closing clinical trial accounts.
Analyze and prepare monthly statement reports.
Maintain database record-keeping system to track all expenses and revenues.
Assist in the development of financial proformas for financial planning and presentations.
Analyze and audit account statements and reports to verify compliance with source of funding guidelines.
Maintain account balances and reconcile differences between various account balances and external sources.
Respond to financial inquiries from key stakeholders.
Complete routine account reconciliations pertaining to patients on clinical trials.
Prepare and submit invoices for services rendered by CRS faculty and staff.
Monitor outstanding accounts and routine account reporting.
Assist Research Billing Compliance (RBC) Office with filtering and assigning patient expenses to insurance or industry sponsor.
Serve as liaison with the Joint Office of Compliance regarding billing compliance issues.
Monitor and Report internal and external payables.
Consult stakeholders and administrators on budget analysis and submissions for clinical trials with external financial support.
Analyze clinical trials budget amendments with industry sponsors and/or consortiums and cooperative groups.
Serve as liaison to University Counsel, accounting offices, faculty, staff, and industry representatives.
Prepare documentation, submit routing forms, and obtain contract approvals.
Participate on assigned workgroups and committees charged with reviewing CRS administrative level finances and practices.
Participate on internally and externally workgroups contributing clinical trial billing and budgeting best practices.
Participate in internal and external training opportunities related to clinical trial billing and budgeting best practices.
May contribute to implementation of policies, guidance documents, and standard operating procedures.
May perform external reporting requiring compliance with reporting standards.
May provide training and functional and/or administrative supervision for staff.
Monitor and reconcile 45-50 Single MOG clinical trial accounts.
Process 4-8 budget amendments monthly.