Senior Financial Analyst
- Job Type: Officer of Administration
- Regular/Temporary: Regular
- Hours Per Week: 35
Position Summary
Reporting directly to the Manager of Finance (the “Manager”) of the Clinical Trials Office (the “CTO”) of Columbia University’s Vagelos College of Physicians & Surgeons (“P&S”) at Columbia University Irving Medical Center (“CUIMC”), the Senior Financial Analyst is responsible for overseeing the financial management of industry sponsored clinical trials at VP&S on behalf of the research community.
The CTO assists investigators and academic/research staff in developing clinical trials at VP&S and provides administrative resources and infrastructure to build and sustain clinical trials research at VP&S.
Responsibilities
The responsibilities of the Senior Financial Analyst include, but are not limited to:
- Creation of study accounts in ARC.
- Ensure efficient collection of payments from industry sponsors.
- Creation, distribution, and follow-up of sponsor invoices on behalf of study teams.
- Research and resolve study team and sponsor financial issues.
- Interpreting and analyzing study account activity.
- Regular reconciliation and monitoring of study activity for services rendered by study team and payments received from sponsor.
- Demonstrate competency and proficiency in the Clinical Trials Management System (CTMS) for the financial process.
- Reconciling study accounts and finalizing accounts receivable balances with study team and industry sponsors.
- Aid in generating reports for post award team under the supervision of the Director.
- Efficiently identify issues through data analysis and implement workable solutions.
- Provide support to CTO leadership when liaising with central finance offices of the University.
- Develop and implement training programs for new hires.
- Creation and processing of Internal Transfer journal entry for CTO business processes including the Spanish Translation Center.
- Creation and processing of General Ledger journal entry for CTO business processes including CTO fund allocations.
- Provide guidance and maintain CTO processes for the project deactivation process.
- Maintain the transfer of funds for IN projects, interpreting FDS reports to ensure all Columbia University standard operating procedures are followed.
- Recording project deactivation activity and communicating requests to Columbia University finance offices.
- Provide support of special projects as assigned by CTO leadership.
Minimum Qualifications
- Bachelor’s degree, plus 4 years of related experience or equivalent in education and training.
Preferred Qualifications
- In-depth knowledge of the financial and business aspects of clinical research.
- Demonstrable ability to collaborate with partners in research (including government, foundation and industry sponsors), investigators and research staff.
- Expert knowledge of analysis of financial data and preparation of budgets and financial reports.
- Excellent verbal and written communication skills.
- Excellent interpersonal and presentation skills.
- Strong computer skills required, including, Microsoft Office (Word, Excel, PowerPoint), Access, and SharePoint
Equal Opportunity Employer / Disability / Veteran
Columbia University is committed to the hiring of qualified local residents.