Clinical Finance Analyst II- Site Payment Lead

When our values align, there's no limit to what we can achieve.
 
At Parexel, we all share the same goal - to improve the world's health. From clinical trials to regulatory, consulting, and market access, every clinical development solution we provide is underpinned by something special - a deep conviction in what we do.

Each of us, no matter what we do at Parexel, contributes to the development of a therapy that ultimately will benefit a patient. We take our work personally, we do it with empathy and we're committed to making a difference.

Clinical Site Payment Lead

The Clinical Finance Analyst II is responsible for Clinical financial and accounting processes, such as processing invoices and payments to investigators and vendors; reconciling payments with sites, vendors and corporate Finance; creating reports for corporate Finance and Development departments; and ensuring current insurance information and documentation is conveyed appropriately to the insurance broker.

Responsibilities:   

• Process approvals and payments for invoices submitted by sites/vendors; ensure payments are within contractual agreements.   

• Ensure appropriate coding processes are followed for efficiency and consistency.   

• Identify out of balance accounting records and reconcile with site/vendor/ Parexel and the finance department.   

• Communicate directly with the site and vendors to resolve invoice differences.   

• Conduct Quality Control process reviews and remediate as needed.   

• Maintain the clinical financial database.   

• Ensure documentation is maintained to support an audit trail in the accounting system.   

• Support the Clinical relationship with Finance.   

• Interface with Accounting for the close/reconciliation process.   

• Serve as the Clinical Finance representative for study teams.   

• Provide data for clinical trial forecasting and budgeting process.   

• Ensure current insurance information and documentation is conveyed appropriately to broker.   

• Anticipate clinical trial budget revisions due to out-of-scope services, enrollment delays, etc.   

• Process financial termination/closure of study sites.   

• Process monthly clinical dashboard.   

• Provide actual cost budget analysis.   

• Manage special projects as required.   

• Adhere to appropriate quality documents (e.g., SOPs, Training Guides), as applicable.   

 Qualifications 

• Four (4) or more years of financial experience including Accounts Payable and Accounts Receivable or related field in a biotech or Parexel, finance and or legal environment 

• Experience with a payment system and processes 

• Proficient in MS Office applications 

• Demonstrated detail-oriented skills 

• Demonstrated organizational and communication skills 

Preferred 

• Bachelor’s degree in accounting or related financial discipline 

• Experience with financial analysis 

• Experience in biotech or Parexel finance environment 

• Knowledge of CFR and GCP ICH requirements, as well as European Clinical Trial Directive 

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EEO Disclaimer
Parexel is an equal opportunity employer.  Qualified applicants will receive consideration for employment without regard to legally protected status, which in the US includes race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.