[Hiring] Research Finance Specialist @OneOncology

Role Description

The Research Finance Specialist will perform moderately complex accounting activities and financial functions, including:

• Monitoring clinical trial financials in a Clinical Trial Management System (CTMS)
• Invoicing and preparing supporting documentation
• Financial reconciliations and reviews
• Revenue reporting/accounting and reimbursements

The Research Finance Specialist will work under the supervision of the Sr. Manager of Research Finance and in close coordination with the OneR Management Team, providing guidance on issues related to the administrative management of contracts and sponsored programs from study activation through study closeout and reconciliation.

Responsibilities

• Perform general accounting functions for Research Department, including:
• Generating invoices for startup fees, milestone payments, patient visits, invoiceable items, and administrative fees
• Accounts payable, accounts receivable, billing, and posting payments
• Build research studies in Signal Path Clinical Trial Management System (CTMS), including:
• General study information
• Contract terms
• Study budget
• Visits, standard of care, and optional visit elements
• Review studies for accuracy
• Assist with review of study protocol and budget amendments for impact to budget and contract
• Create invoice template with payment requirements specified in the Clinical Trial Agreement (CTA) for each research study
• Collaborate with the Research Finance Team and all OneR research sites to ensure all billing activities are appropriately entered into the CTMS per contract agreements
• Verify that payments received are correct according to the contract agreement
• Audit information entered in the CTMS for accuracy, including:
• Patient visits
• Billable procedures
• Patient statuses
• Correct sequence of visits captured by research sites
• Identify billing discrepancies ensuring all services provided to research patients are billed correctly to the appropriate payer or sponsor
• Assist in the data preparation for monthly financial reporting
• Reconcile monthly expenses, invoices, and payment discrepancies
• Manage collection activities for all past due payments
• Follow-up on outstanding invoices with payers to reduce payment cycle time and potential lost revenue
• Interface with study Sponsors/CROs to resolve invoicing issues in a timely manner
• Serve as a liaison for internal and external customers with resolving finance and accounting related questions and issues
• Perform internal audits and study close-out reconciliation to assure that all study revenue is accurately captured
• Follow-up on Research Finance communications in an efficient and timely manner
• Additional responsibilities as assigned to help drive our mission of improving the lives of everyone living with cancer

Qualifications

• Requires Associate's degree but Bachelor's degree preferred
• Three years of applicable experience, or combination of education and relevant work experience
• Must be proficient with the following software: Word, Excel, PowerPoint, and Adobe Acrobat
• Experience working in a CTMS (Clinical Trial Management System), preferably Signal Path

Requirements

• Working knowledge of medical billing review, contract interpretation, and clinical research billing compliance
• Strong accounting skills; knowledge of accounting principles
• Experience working with clinical study agreements and budgets
• Excellent written and verbal communication and organization skills
• Strong knowledge and understanding of contract language
• Attention to detail, efficiency, and a strong team orientation are essential
• Experience working with cross-functional teams
• Attendance is an essential job function

Benefits