Financial Analyst III, Industry Sponsored Trials @ Public Health Institute | Jobright.ai
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Public Health Institute · 3 days ago

Financial Analyst III, Industry Sponsored Trials

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Comp. & Benefits

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Responsibilities

Manage bidding/proposal process with applicable vendors on projects with industry support. Collaborate with vendors to ensure final invoicing and complete any necessary close-out forms
Manage budget justifications and fair market value assessments as needed
Review budgets/contracts with industry partners to ensure appropriate financial terms and conditions
Develop applicable payment schedules and flow down applicable terms and conditions from industry supported agreements to vendors and sites to ensure alignment with prime agreements
Maintain IST financial trackers and records. Ensure IST financial folders are updated, organized, and pertinent financial documentations are saved
Request internal and external data reports, review to ensure completeness/accuracy and resolve discrepancies as needed. Collaborate with COG personnel/departments to obtain custom reports for financial purposes and resolve any financial queries requiring the input of COG personnel
Develop and maintain existing quarterly financial summary reports. Create and distribute accurate invoices and upload files to ensure timely payments to participating sites. Review milestones on a monthly basis with legal/fiscal agent to ensure timely invoicing of industry partner
Monitor, track, and submit annual study chair and steering committee member payments
Maintain IST’s electronic financial invoice tracking system PIT & ICON. Collaborate with IT staff to improve IST’s ability to manage financial matters and report financial data
Serve as liaison and provide support to industry partners and participating sites regarding financial questions on studies with industry support
Participate and/or lead financial calls, prepare agenda items, and provide relevant updates. Address any action items following the call and foster open lines of communication
Access and develop expertise in legal/fiscal agent project and work management platforms to submit financial updates, access financial data, complete assigned tasks, transfer and/or download financial documents and prepare monthly Industry Sponsor Trials financial reporting to the stakeholders
Maintain IST Project portfolio and provide financial management support by overseeing industry funds, prepare financial reports with accurate in-depth analysis, research problems, reconcile discrepancies, track outstanding action items, and compose correspondence
Analyze, present, and clearly communicate financial information and reports in an accurate and timely manner. Provide regular finance and budget reporting and make any necessary strategic and operational recommendations
Monitor and forecast industry financials to assure proper fiscal management. Edit and redistribute financial documents and proposals, track project status. Provide support through execution and review revenue, expense allocations, and receivables on an ongoing basis and update agreement records as needed
Maintain financial reports to actively monitor receivable and disbursement of internal and external invoices per contract and approved budgets. Assist legal/fiscal agent in following up on outstanding financial payments that exceed payment terms within the contract
Conduct comprehensive financial reconciliation for projects with industry support, collaborate with legal/fiscal agent on reconciliation queries and ensure timely account closure
Collaborate with all levels of management, legal/fiscal agent, and personnel to work cross-functionally to ensure accurate and timely invoicing, payments, reconciliation, project close-out, and provide guidance on the clinical trial finance activities
Provide input and recommendations on the development of budget and payment terms (including review of protocols and meeting with applicable stakeholders), internal budget approval and negotiation process during pre-award phase to resolve budget development issues to ensure executed contract payment terms are manageable and studies align with post award financial management
Collaborate with legal/fiscal agent to ensure budgets and allocation calculations are reflected in the financial system according to the approved budget and terms
Set up detailed budgets, cost allocations, and reporting upon executed work order for IST post award managements
Monitor all contract related updates, not limited to amendments, enrollment closures, and completion of studies that have financial impact
Maintain, create and/or optimize metrics, tools, and reports to provide critical financial information and assess current internal processes efficiency and provide recommendation to streamline or establish efficient processes
Build and maintain strong partnerships with internal and external leaders and stakeholders, with a strong focus on customer service and continuous quality improvement and assist in executing process changes and overseeing to completion
Develops, refine, and maintain standard operating procedures and process improvement related to COG’s financial management of clinical trials
Support the COG Associate Director of Industry Sponsored Trials (IST) to ensure that the IST Departments financial areas of responsibility are handled and optimized
Provide coverage for COG Financial Analyst III, IST
Performs other related duties as assigned or requested

Qualification

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Financial planningFinancial reportingFinancial analysisNonprofit accountingFund accountingGrant accountingComplianceFederal fundingAnalytical skillsMicrosoft OfficeExcelProject managementProblem-solvingHard-workingCommunicationTeam playerCreativeResourcefulReliableTrustworthyDiscrete

Required

5 years of accounting, budget or financial experience, including:
Experience in financial planning, reporting, and analysis; using knowledge of finance policies, practices, and systems
Experience in or knowledge of nonprofit accounting, including sophisticated fund and grant accounting, compliance, and reporting
Bachelor’s degree in Accounting, Finance, Business or a related field, or you can substitute with 4 additional years of related experience
Experience with Industry funding, National Institutes of Health (NIH) or other federal funding
Ability to gather, organize, and perform financial analysis assignments with limited supervision
Excellent math skills
Strong reasoning and analytical skills
Proficient in the use of Microsoft Office, especially Excel, and common desktop/web applications
Ability to handle multiple projects and prioritize projects with short deadlines
Excellent verbal and written communication skills
Ability to be an effective team player with ability to relate well with others
Ability to be creative, resourceful, reliable, trustworthy, and discrete

Company

Public Health Institute

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Public Health Institute offers programs and services that aim to promote health, well-being, and quality of life

Funding

Current Stage
Late Stage
Total Funding
$13.4M
Key Investors
The California EndowmentHealth Resources and Services Administration
2022-06-13Grant· $3.5M
2022-02-10Grant· $9.9M

Leadership Team

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Mary Pittman
President and CEO
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Charles Margulis
Press Relations and Media Specialist
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Company data provided by crunchbase
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