Financial Analyst II

As a community, the University of Rochester is defined by a deep commitment to Meliora - Ever Better. Embedded in that ideal are the values we share: equity, leadership, integrity, openness, respect, and accountability. Together, we will set the highest standards for how we treat each other to ensure our community is welcoming to all and is a place where all can thrive.

Job Location (Full Address)

275 Hutchison Rd, Rochester, New York, United States of America, 14627

Opening

Worker Subtype:

Regular

Time Type:

Full time

Scheduled Weekly Hours:

40

Department:

400178 Cancer Center/Clin Trials Ofc

Work Shift:

UR - Day (United States of America)

Range:

UR URG 110 H

Compensation Range:

$29.33 - $41.06

The referenced pay range represents the minimum and maximum compensation for this job. Individual annual salaries/hourly rates will be set within the job's compensation range, and will be determined by considering factors including, but not limited to, market data, education, experience, qualifications, expertise of the individual, and internal equity considerations.

Responsibilities

The Financial Analyst II for Clinical Trials Office (CTO) reports to the Manager of Financial Services in the CTO.) and is responsible for; the management of negotiations of simple/complex financial and contractual terms; making accurate, specialized decisions on a range of patient charges and insurance reimbursement guidelines; ensuring compliance with research billing office regulations; negotiating sponsor reimbursements, and compensation and other payments. This individual consults with the Office of Research and Project Administration regarding contractual rights and obligations involving issues such as indemnification, publication rights, and confidentiality; and manages activities concerned with amendments and /or extensions of contracts.

This position functions under general guidance and with considerable latitude for exercise of independent judgment, this position provides administrative oversight of financial activities for all clinical research studies managed within the CTO of the WCI.

ESSENTIAL FUNCTIONS

• Responsible for all aspects of clinical trial budget development and negotiation processes required for all clinical trial protocols submitted to the CTO.
• Develop, create and manage all study-specific budgets for industry supported investigator-initiated, cooperative group, and industry-initiated research projects in all phases of clinical research for the WCI, which accounts for $10 million in annual expenditures associated with 400 – 500 protocol budgets and amendments per year.
• Ensure budgets developed accurately account for all procedural and labor costs.
• Coordinate efforts with principle investigators, Disease Working Groups (DWGs), clinical study teams, industry representatives, ORPA, ORACS, and all other University and/or hospital departments to ensure all items/procedures required by protocol are accounted for and priced appropriately.
• Oversee all clinical trial contracting in collaboration with the Office of Research and Project Administration (ORPA); Research Billing Compliance Office, the Office of Research Accounting and Costing Standards (ORACS).
• Manage OnCore calendar and budget process and execution. Manage assigned portfolio of calendar builds, inclusive of internal review process. Review and evaluate trial budgets for accuracy, identify issues and propose solutions
• Address any study-specific amendments. Manage any budget, contract, Oncore changes and collaborate with the Compliance Office to finalize amendments.

General Responsibilities:

• Maintain organized study-related files.
• Collaborate with the Operations team to ensure the appropriate finance documents are available.

MINIMUM EDUCATION & EXPERIENCE

• Bachelor's degree in finance functional area and 2 years related experience required
• Or equivalent combination of education and experience
• Certification (finance, accounting or clinical research) preferred.
• Experience with databases, word processing, spreadsheets and document tracking preferred.
• Note: An equivalent combination of education and experience, which provides proficiency in the areas of responsibility listed above, may be substituted for the above education and experience requirements

KNOWLEDGE, SKILLS AND ABILITIES

• Demonstrated ability to be detail-oriented and accurate. Able to handle multiple tasks simultaneously with demonstrated organizational and prioritization skills; strongly preferred.

The University of Rochester is committed to fostering, cultivating, and preserving an inclusive and welcoming culture to advance the University’s Mission to Learn, Discover, Heal, Create – and Make the World Ever Better. In support of our values and those of our society, the University is committed to not discriminating on the basis of age, color, disability, ethnicity, gender identity or expression, genetic information, marital status, military/veteran status, national origin, race, religion, creed, sex, sexual orientation, citizenship status, or any other characteristic protected by federal, state, or local law (Protected Characteristics). This commitment extends to non-discrimination in the administration of our policies, admissions, employment, access, and recruitment of candidates, for all persons consistent with our values and based on applicable law.