Analyst I, Finance

3 weeks ago

Durham, United States Velocity Clinical Research, Inc. Full time

Overview:

Velocity Clinical Research is an owned and integrated research site organization, providing excellence in patient care, high quality data and fully integrated research sites. At Velocity, we align our values and behaviors to give our employees the best chance of delivering on our brand promise: to bring innovative medical treatments to patients. We are committed to making clinical trials succeed by generating high quality data from as many patients as possible, as quickly as possible while providing exemplary patient care at every step.

As an employee of Velocity, you are the most integral part of our mission. For talented candidates who perform at a high level, Velocity will invest to support career advancement and reward performance. Whether you are new to clinical research or are an industry veteran, we invite you to apply to Velocity.

Benefits include medical, dental and vision insurance, paid time off and company holidays, 401(k) retirement plan with company-match, and an annual incentive program.

Job Summary:

The Finance Analyst I works in partnership with the Director of Revenue and other Finance Staff to execute revenue functions of the company as directed. Responsibilities include revenue recognition, analysis of reported and earned revenue, and reconciling revenue to ensure GAAP standards are followed on a per clinical research study basis.

Responsibilities:

Duties/Responsibilities:

  • Work closely with clinical research sites to ensure all revenue is captured & recognized appropriately.
  • Responsible for reviewing and interpreting CTAs at study level to capture revenue accordingly.
  • Verify the validity of revenue discrepancies by obtaining and investigating information from Sites and Sponsors and CROs.
  • Maintain regular communication with Site Directors for all assigned sites.
  • Assist Sr Financial Analyst and management on special projects.
  • Assist team members escalations and offer guidance for resolution.
  • Prepare regular weekly and monthly revenue reporting.


Qualifications:

Required Skills/Abilities:

  • Detail-oriented and highly organized, with the ability to prioritize tasks and meet deadlines in a fast-paced environment.
  • Proficiency in Microsoft Excel (e.g., Formulas, Pivot Tables, etc.).
  • Strong analytical skills with the ability to interpret financial data.
  • Excellent communication and negotiation skills, with the ability to interact effectively with clients and internal stakeholders.
  • Strong communication, problem solving, analytical, organizational, and time management skills.
  • Adaptable to process and system improvements.
  • Proactive in identifying inefficiencies and ability to conceptualize potential solutions.

Education and Experience:

  • Bachelors degree in Business Administration/Finance or equivalent years of experience in related field preferred.
  • Two (2) to three (3) years experience in Financial Analysis or Revenue Recognition, preferably in the Clinical Research industry.
  • CRIO experience a plus.
  • NetSuite experience a plus.

NOTE: The above Job Description is intended to communicate the general function of the mentioned position and by no means should be considered an exhaustive or complete outline of the specific tasks and functions that will be required. Additionally, specific tasks and duties of the position are subject to change as the Company, the department and circumstances change. All employees are expected to perform their duties within their ability as required by the job and/or as requested by management.

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