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Senior Financial Analyst

Clinical Trials Office

Senior Financial Analyst

  • 527920
  • Medical Center
  • Clinical Trials Office
  • Full Time
  • Opening on: Aug 3 2022
  • Grade 105
  • 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.

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