Research Finance Analyst

Baptist Healthcare System•Lexington, KY

21h

About The Position

Baptist Health is looking for a Research Finance Analyst to join our team in Lexington, KY! The Research Financial Analyst is responsible for financial management within the Office of Research Administration, supporting the financial oversight of clinical trials across the health system. This role works closely with the Research Finance management, Finance team, and the clinical research team to manage the complete financial life cycle of clinical trials—from study startup through closeout. The Research Financial Analyst oversees all financial functions within the Clinical Trial Management System (CTMS), including the development, maintenance, and reconciliation of study budgets, as well as the accurate recording, allocation, and tracking of study-related financial transactions. The analyst researches and analyzes accounting data to provide timely and accurate financial information to leadership. Key responsibilities include building study budgets in the CTMS; payment coding; processing deposits and allocating funds within the CTMS; maintaining the accounts receivable tracker; generating invoices for subject visits, administrative fees, and all other billable items outlined in the Clinical Trial Agreement (CTA); and submitting invoices for industry-sponsored studies and all applicable federal studies through CTSU OPEN. The role also manages accounts payable by maintaining the payable tracker, submitting and monitoring payment requests for participant reimbursements, internal departments, and external vendors. The Research Financial Analyst ensures that study closeout is completed in accordance with departmental procedures and prepares financial reports as needed. This position plays a central role in maintaining financial accuracy, regulatory compliance, and the overall fiscal integrity of the research program.

Requirements

Bachelor’s degree in accounting, finance or health administration
5 years job-related experience
Four or more additional years of experience in clinical research, medical billing/coding, healthcare compliance/auditing, or equivalent experience in accounting/finance in lieu of a bachelor’s degree
Strong proficiency in Microsoft Excel (advanced formulas, pivot tables, modeling, Power Query)
Experience working with clinical trials or healthcare financial data
Excellent analytical, problem-solving, and quantitative skills
Ability to interpret clinical procedures, tests, and care pathways for financial impact
Basic programming and reporting experience
Knowledge of clinical research billing compliance and healthcare reimbursement models
Five years of experience managing high‑volume Accounts Payable and Accounts Receivable operations
Experience in clinical research finance, healthcare finance, or related field
Demonstrated experience working with clinical trial budgets, financial systems, and research billing processes
Work Experience Relevant Work Experience Education

Nice To Haves

Experience with Clinical Trial Management Systems (CTMS) preferred
Exposure to reporting tools or basic programming preferred

Responsibilities

Building study budgets in the CTMS
Payment coding
Processing deposits and allocating funds within the CTMS
Maintaining the accounts receivable tracker
Generating invoices for subject visits, administrative fees, and all other billable items outlined in the Clinical Trial Agreement (CTA)
Submitting invoices for industry-sponsored studies and all applicable federal studies through CTSU OPEN
Managing accounts payable by maintaining the payable tracker
Submitting and monitoring payment requests for participant reimbursements, internal departments, and external vendors
Ensuring that study closeout is completed in accordance with departmental procedures
Preparing financial reports as needed