Financial Analyst - Gastroenterology (Remote)-29923

Overview

Location: Chicago, Illinois

Work Type: Full Time (Total FTE between 0.9 and 1.0)
Shift: Shift 1
Work Schedule: 8 Hr (8:00:00 AM - 5:00:00 PM)

Pay Range: $29.36 - $47.79 per hour

This role provides financial support to department leaders and principal investigators. Duties include development of budgets and financial analyses, maintenance of financial reports, and support for grant and contract proposals as well as post-grant financial analysis.

Responsibilities

• Maintains and develops a standardized model and format for pricing all clinical research activities.
• Assists in submission of budgets; identifies opportunities and recommends process changes to improve efficiency and usefulness in budget creation and tracking.
• Tracks monthly performance and financial data into an executive dashboard.
• Interprets agreed-upon coverage analyses into a research study budget.
• Determines research price rates for clinical trial study budgets; sets up study billing forms for research accounts with necessary departments.
• Develops federal and non-federal grant budgets as needed.
• Facilitates submission and completion of other financial study documents.
• Maintains and monitors study budget/contract expiration dates and initiates budget amendments as needed.
• Performs accounts payable and accounts receivable tasks for study fund accounts (e.g., invoices to sponsors for earned milestone payments, monitors sponsor payments, reviews/approves, and initiates payment for research study bills).
• Monitors and formulates revenue earned for work performed on research studies.
• Performs monthly reconciliations of study financial accounts.
• Creates financial analyses reports as needed.
• Assists staff with end-of-month reconciliation and collections processes.
• As directed, prepares journal entries and other expense allocation documentation as needed.
• As directed, may develop financial analyses to determine the impact of proposed revenue opportunities on the department’s financial outlook.
• Coordinates preparation and submission of financial reports and other required paperwork.
• Tracks and coordinates tracking of paperwork and maintenance of appropriate copies.
• Develops and maintains strong, collaborative working relationships with key contacts, including Finance and Research Affairs.

Required Job Qualifications

• Bachelor’s degree with three years’ experience OR Master’s degree and one year experience.
• Strong financial analysis skills.
• Strong oral and written communication skills.
• Strong interpersonal skills to build relationships and collaborate within a broad organizational network.
• Ability to work independently with minimal direction and as part of a team.
• Ability to set priorities and manage deadlines; strong work ethic and attention to detail.
• Ability to exercise judgment when dealing with confidential matters.
• Business acumen; ability to think systemically and strategically.
• Proficient with Microsoft Office, specifically Word, Excel, and PowerPoint.

Preferred Job Qualifications

• Experience in clinical, research, or health care field.

Compensation & Benefits

Pay Range: $29.36 - $47.79 per hour

Compensation is determined by factors including education, job-related experience and skills, internal equity, and industry-specific market data. Offers may vary based on individual circumstances.

Location

Chicago, Illinois