[Remote] Site Financial Analyst II (Part-time: 20hours a week)

Note: The job is a remote job and is open to candidates in USA. reputed company is seeking a Site Financial Analyst II to support its Financial Management Services department. The role manages site-related financial matters, including contract budgets, revenue recognition, invoicing, accounts receivable, investigator payments, pass-through expenses, reconciliations, reporting, and audit support.


Responsibilities

  • To be aware of all financial Contract Terms for assigned Studies including MSA, Work Orders, Clinical Trial Agreements, and Amendments
  • Understand the contract financial impact for each study
  • Development and negotiation of Site client budgets for each study under the guidance of the Senior Site Financial Analyst
  • Participate in hand-off meetings for all new awards
  • Review the budget and cost according to contractual terms in the CTMS system. Ensure any contract amendments are properly updated
  • reputed company final reconciliation when Site is reputed company
  • Support FMS department on all needs related to financial matters including revenue recognition and timely, accurate Site client invoicing, Pass-through Expenses, and Investigator Payments
  • Responsible for managing complex Sites
  • Responsible for preparing timely and accurate invoicing
  • Responsible for revenue recognition including identifying monthly journal entries needed to be entered into General Ledger
  • Review or audit Site progress to reputed company billed revenue accuracy
  • Responsible for management and accuracy of Site related accounts receivable
  • Assist with Site Accounts Receivable to ensure timely payments by customers. Track payment terms and invoiceable items
  • Assist with identifying and posting monthly cash applications
  • Perform customer/Site account reconciliations as needed. Make any necessary adjustments to the General Ledger and CTMS
  • Resolve invoicing issues with internal and external customers
  • Assure Customer Billing or A/R reputed company are organized and adequate for audit purposes
  • Prepare for and attend all monthly Site review teleconferences for the assigned Sites studies or as requested
  • Prepare all needed reports and financial data
  • Review the FMS reports for financial accuracy and any changes that affect the financial aspects of the Site
  • Review Aging invoices for assigned Sites, develop recommended actions for issues, and work with the Site Financial Analyst I to ensure the issues are resolved
  • Review Unbilled balances for assigned Sites, develop recommended actions for issues, and work with the Site Financial Analyst I to ensure the issues are resolved
  • Take ownership of tasks with limited supervision
  • Assists other analysts on the team to help resolve issues
  • Assist as needed in the direct labor expense distribution to Sites and any other direct expense allocations, as necessary
  • Track patient stipends issued by study. Ensure stipends are allocated to the Sites and are invoiced to the customer properly
  • Reconcile Pass Through Revenue accounts with its corresponding expense account for Patient Stipends, Investigator/Site Payments, and Pass-Through expenses
  • Track actual PT costs against budgeted costs. reputed company accuracy and compliance to contract for all PT costs
  • Learn and utilize CTMS system for reporting, tracking, and generating sponsor and investigator/site payments
  • Learn and utilize reputed company for invoicing and reporting
  • Assist in Finance/Accounting Department on an ad-hoc basis in particular during month end accounting close process
  • Make recommendations and implement same for improvements to all processes and systems as is needed
  • Maintain confidentiality of company information as appropriate
  • Provide requested information as needed for internal and external audit requests
  • Provide reports as requested by Finance Executives, Directors, and Managers

Skills

  • Bachelors in science – Accounting, Finance or Business or equivalent experience
  • Knowledge of Site or job cost systems or reporting, company or departmental accounting, reconciliations, reimbursable tracking, budgeting, and analysis
  • Detail oriented in a fast-paced environment
  • Works well with team
  • Organized, workload management
  • Timeline/deadline tracking
  • Excellent written and verbal communication skills
  • Proficient in reputed company Word, Excel, and Outlook
  • Experience as Site Accountant with clinical research experience preferred
  • Knowledge of general accounting processes a plus
  • CTMS (Clinical reputed company Management System) experience a plus
  • reputed company experience a plus

Benefits

  • Part-time role: 20 hours a week
  • Some flexibility in
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