What are the responsibilities and job description for the Clinical Research Sr. Revenue & Project Specialist position at Alcanza Clinical Research?
Description
Alcanza is a growing multi-site, multi-phase clinical research company with a network of locations in MA, NH, MI, VA, SC, FL, GA, AL, MO, TX and Puerto Rico. We have established a strong presence across Phase I-IV studies and several therapeutic areas including vaccine, neurology, dermatology, psychiatry, and general medicine. Join us as we continue to grow.
The Senior Revenue & Project Specialist will be responsible for the management of all revenue recognition and billing & collections processes for an identified portion of the Alcanza Clinical Research site network. Reporting to the Controller, the candidate will also be responsible for contributing towards an audit-compliant system of internal controls and processes that will ensure that company assets are adequately safeguarded and that all financial reporting is prepared on a timely basis, in compliance with US GAAP.
Key Responsibilities
Essential Job Duties :
The position will involve exercising discretion and independent judgment on matters of significance, and responsibilities may include, but are not limited to :
- Support revenue recognition systems and processes, identifying automation opportunities and helping to ensure data accuracy and consistency across systems.
- Partner with operations and budgets / contracts colleagues to implement best practices in a scalable manner. Partner with finance and operations leads to establish and report on revenue-based performance metrics. Maintain a positive, results oriented work environment, building partnerships within the team and across the organization at large, modeling teamwork.
- Issue invoices and pursue timely collections of AR from sponsors / CROs (visits and invoiceables) to reduce the company’s Days Sales Outstanding. Communicate with customers regarding balances, questions, and / or discrepancies, if needed.
- Perform timely study closeout reconciliations across both the CTMS and financial ERP systems.
- Support month-end close, bank and management reporting, and the annual financial audit while maintaining established timelines.
- Complete timely and accurate cash application at the item level for all payments received.
- Complete various aspects of G / L accounting including preparation / processing journal entries as well as reconciling accounts, while ensuring proper GAAP accounting principles are being followed.
- Active participation in special projects, including but not limited to process standardization, system migrations, and integration of newly acquired sites’ processes and systems, as needed.
- Identify opportunities to improve business processes and efficiencies.
- Perform all other duties that may be requested or assigned.
Skills, Knowledge and Expertise
Minimum Qualifications : Bachelor’s degree in accounting, finance, business, or related field preferred (Associate’s Degree required) AND 3 years of accounting experience, OR and equivalent combination of education and experience is required. Experience working in a clinical research site or CRO environment required. Experience with general ledger account and project budget reconciliations and journal entry preparation is required. Experience working with Advarra’s Clinical Conductor CTMS a plus. Previous experience at a clinical research site invoicing sponsors and CROs is a plus.
Required Skills :
Benefits
Alcanza Clinical Research (“Alcanza”) is a national, collaborative network of clinical research sites, founded on the mission to accelerate the development of new therapies by reducing barriers to clinical research participation for all.
We conduct research on dozens of conditions in several therapeutic areas including psychiatry, neurology, dermatology, and infectious disease. Our work is important to the patients who participate, the scientists who develop these new therapies, and the entire medical community. Because all approved medications require clinical trials, the impact of your work is exponential, reaching many thousands of future patients and improving their quality of life.
Alcanza is a culturally competent organization. We treat each other with dignity, creating an environment where all individuals feel welcome, heard, and respected for their unique perspectives and aspirations. We put considerable effort into finding exceptional employees who mirror the values most important to us : Inclusive, Impactful, Compassionate, and Determined.
Alcanza Clinical Research is an Equal Opportunity Employer that values and respects the importance of a diverse and inclusive workforce. It is the policy of the company to recruit, hire, train and promote persons in all job titles without regard to race, color, religion, sex, age, national origin, marital status, veteran status, disability, sexual orientation, gender identity or expression, genetic information, or any other category protected by law. We recognize that diversity and inclusion is a driving force in the success of our company.
