Senior Financial Analyst, Clinical Trials
3 weeks ago
WHY VITALIEF?
Vitalief was formed to address the human capital epidemic the Healthcare industry is facing today. We are expanding our footprint rapidly as a value-add, innovative Healthcare, Research and Clinical Trials Consulting Company. As a result, we are seeking talented and enthusiastic healthcare professionals to join our exceptional team (as full-time, fully benefited employees) to support our clients’ mission to save lives.
Reasons to work for Vitalief:
- You can actively contribute to our clients’ mission of advancing scientific discoveries that have the potential to change patients' lives for the better.
- Our PEOPLE FIRST culture prioritizes personal and professional growth for all Vitalief employees.
- We give everyone a seat at the table – we encourage innovation.
- Life/work balance that includes 20 PTO (Paid Time Off) days plus 9 paid Holidays annually.
- Other benefits include Company paid life insurance and short / long term disability coverage; 401K retirement program; Robust healthcare plans to choose from.
Work Location: 100% remote role; company location is New Brunswick, NJ. We are only seeking candidates that reside in the EST or CST zones.
Job Responsibilities:
- Reporting to the Manager, Budget & Reimbursement, this financial analyst is responsible for preparing, maintaining, and negotiating budgets related to clinical trial activities.
- Performs prospective reimbursement analysis according to CMS National Coverage Determination Decisions and all applicable billing regulations, third party requirements, industry standards, etc.
- Works in conjunction with other departments of the firm, as well as representatives from other higher education institutions, sponsors, attorneys, governmental agencies, and principal investigators.
- Requests clinical trial budgets and contracts documents from sponsors and CROs.
- Reviews clinical trial protocols and develops internal budgets. Prepares clinical trial budget documents and memos. Determines whether each trial is a qualifying trial per CMS regulations, and assesses compliance with other regulatory requirements, including FDA and NIH guidelines.
- Negotiates budgets with sponsors, interfacing with various internal departments as needed.
- Facilitates clinical trial billing administrative start-up, insuring clinical research billing and regulatory compliance. Collaborate with Finance to coordinate documentation of each clinical trial account from the beginning of protocol submission to the end of the study utilizing OnCore CTMS system.
- Performs regular audits of clinical trials to ensure that billing is complete and accurate and to ensure that the research project, database or protocol is carried out as outlined.
- Develops and distributes monthly financial reports to senior leadership of clinical trial revenue activity including active clinical trials and research subjects.
- Bachelor’s Degree in Accounting, Finance, Business Administration or a related field.
- 3 to 5 years of experience in the maintenance and review of budgetary and fiscal records including experience with computer-based accounting systems in a healthcare environment.
- Experience managing Clinical Trials budgets is required.
- Maintains working knowledge of CMS, DHHS, FDA, OHRP, NIH, OIG, HIPAA and IRB.
- Demonstrates excellent interpersonal, oral and written communication skills. Strong organizational and detail-oriented skills.
- Proficiency and working knowledge of database and reporting tools such as Microsoft Word, Excel, Access, PowerPoint and OnCore.
- Continuously displays “can do” attitude cross functionally to contribute to the overall customer service plan.
- Develops professional relationships will all customers and maintains professional composure and confidence during stressful situations.
- Experience with clinical contracts, budget development, variance analysis and research of financial data and transactions.
- Experience in clinical research administration; knowledge of regulatory, financial and administrative requirements of third-party billing for clinical trials and accounting principles for research preferred.
- Experience or training in clinical research budgeting, financial management and/or coding.
- Maintains thorough working knowledge of regulatory requirements and Good Clinical Practices (GCP).
PHYSICAL DEMANDS: Standing, sitting, walking, talking and hearing. No special vision requirements. Lifting up to 25lbs.
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