Research Finance Manager

Location:

Pay Range:

Demonstrates working knowledge of all facets of role, relevant regulations, and organizational and departmental policies and procedures. Performs other duties and projects as assigned. Performs all duties in accordance with regulatory requirements and organizational policies and procedures.

KPI 1: Budget Development and Negotiation Oversight

• Provide oversight and directive that create detailed and accurate budgets for clinical research studies, ensuring alignment with protocol requirements.
• Provide oversight and directive to teams that negotiate budgets and payment terms with sponsors, including industry, government, and academic collaborators.

KPI 2: Financial Management and Oversight

• Monitor financial performance across all clinical research projects, including revenue tracking, expenditure monitoring, and forecasting.
• Ensure timely invoicing and collection of sponsor payments per contract terms.
• Conduct regular financial reviews with stakeholders to assess project profitability and address variances.

KPI 3: Contract Management

• Collaborate with study activation and legal teams to review and finalize financial terms in clinical trial agreements.
• Ensure all financial terms are compliant with institutional and regulatory requirements.

KPI 4: Compliance and Reporting

• Ensure financial practices comply with institutional policies, federal and state regulations, and sponsor guidelines.
• Prepare and submit financial reports to stakeholders, including investigators, sponsors, and leadership.

KPI 5: Process Improvement & Leadership and Team Management

• Identify and implement best practices to improve financial operations, reduce inefficiencies, and enhance transparency.
• Develop and maintain financial policies and procedures for clinical research administration.
• Stakeholder Collaboration and Support
• Provide financial guidance and training to investigators and research staff on budget management and compliance.
• Serve as the financial liaison between research teams, sponsors, and institutional departments.
• Supervise finance staff within the clinical research office, including workload management and professional development.
• Foster a collaborative and results-oriented team culture.

Education:. Bachelor's degree in finance, accounting, business administration, or a related field (Master's degree or CPA preferred). Certifications/Licenses: Minimum 5 years of experience in financial management, preferably in clinical research or healthcare. Previous Experience:

• Strong understanding of clinical trial agreements, research billing compliance, and sponsor requirements.
• Proficiency in research management systems and Microsoft Office Suite.
• Excellent analytical, problem-solving, and organizational skills.
• Strong interpersonal and communication skills to work effectively with diverse teams.
• Ability to manage multiple projects in a fast-paced environment.

Core Capabilities:

• Analysis & Critical Thinking: Critical thinking skills including solid problem solving, analysis, decision-making, planning, time management and organizational skills. Must be detailed oriented with the ability to exercise independent judgment.
• Interpersonal Effectiveness: Developed interpersonal skills, emotional intelligence, diplomacy, tact, conflict management, delegation skills, and diversity awareness. Ability to work effectively with sensitive and confidential material and sometimes emotionally charged matters.
• Communication Skills: Good command of the English language. Second language is an asset but not required. Effective communication skills (oral, written, presentation), is an active listener, and effectively provides balanced feedback.
• Customer Service & Organizational Awareness: Strong customer focus. Ability to build an engaging culture of quality, performance effectiveness and operational excellence through best practices, strong business and political acumen, collaboration and partnerships, as well as a positive employee, physician and community relations.
• Self-Management: Effectively manages own time, conflicting priorities, self, stress, and professional development. Self-motivated and self-starter with ability work independently with limited supervision. Ability to work remotely effectively as required.
• Must be able to work effectively in a fast-paced, multi-site environment with demonstrated ability to juggle competing priorities and demands from a variety of stakeholders and sites.
• Computer Skills:
  • Proficiency in MS Office Word, Excel, Power Point, and Outlook required.
  • Prior experience with electronic medical records (EMR) is preferred
  • Prior experience with clinical trial data entry systems (EDC) preferred
  • Prior Clinical Trial Management Systems (CTMS) preferred.

Travel: <25%

Standard Core Workdays/Hours: Monday to Friday 8:00 AM - 5:00 PM.

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