Financial Analyst - Hybrid - Cancer Center

UIOWA • Iowa City, IA

18h • Hybrid

About The Position

The Holden Comprehensive Cancer Center at the University of Iowa is seeking a Financial Analyst that will be responsible for performing complex accounting functions, budget, and financial analysis compliant responsibilities within the clinical trial operations of the Holden Comprehensive Cancer Center (HCCC) Clinical Research Services (CRS). This position is eligible for a hybrid work arrangement of both on-campus (UI Health Care) and remote work within the state of Iowa upon completion of a 6 month onsite training period, with the majority of work taking place on the U of I/UI Health Care campus. Per policy, work arrangements will be reviewed annually, and must comply with the remote work program and related policies and employee travel policy when working at a remote location Duties to include: 60 % Financial Oversight and Budgeting: Monitor and reconcile Single MOG clinical trial account expenditures, irregularities, answer inquiries regarding usage and status of accounts; advise in usage and status of account; provide recommendations and implement corrective action. Responsible for opening and closing clinical trial accounts. Analyze and prepare monthly statement reports; maintain database record-keeping system to track all expenses and revenues. Moderate knowledge of financial systems. Assist in the development of financial proformas for financial planning and presentations Analyze and audit account statements and reports to verify compliance with source of funding guidelines. Maintain account balances and reconcile differences between various account balances and external sources. Respond to financial inquiries from key stakeholders. 10% Financial Reporting: Complete routine account reconciliations pertaining to patients on clinical trials. Prepare and submit invoices for services rendered by CRS faculty and staff (i.e., protocol administration and data management services); monitor outstanding accounts and routine account reporting. Answer questions; obtain and input information; assure information is current and accurate; prepare reports. Assist Research Billing Compliance (RBC) Office with filtering and assigning patient expenses to insurance or industry sponsor in accordance with the budget and using EPIC, Tableau, and Oncore. Serve as liaison with the Joint Office of Compliance regarding billing compliance issues. Monitor and Report internal and external payables 20% Budget Analysis/Contract Preparation: Consult stakeholders and administrators on budget analysis and submissions for clinical trials with external financial support Analyze clinical trials budget amendments with industry sponsors and/or consortiums and cooperative groups. Serve as liaison to University Counsel, accounting offices, faculty, staff, and industry representatives. Prepare documentation; submit routing forms and obtain contract approvals as required; monitor and follow up as appropriate. 5% Leadership Participate on assigned workgroups and committees charged with reviewing CRS administrative level finances and practices; obtain and analyze information; provide recommendations; implement change as appropriate. Participate on s internally and externally workgroups contributing clinical trial billing and budgeting best practices. 5% Education, Training & Compliances Participate in internal and external training opportunities related to clinical trial billing and budgeting best practices May contribute to implementation of policies, guidance documents, and standard operating procedures. May perform external reporting requiring compliance with reporting standards. May provide training and functional and/or administrative supervision for staff 80% Workload Capacity 60%- Monitor and reconcile 45-50 Single MOG clinical trial accounts. 20% - Process 4-8 budget amendments monthly SUPERVISION RECEIVED: Administrative and functional supervision received by Financial Analyst Supervisor SUPERVISION EXERCISED: May supervise students or other staff as assigned UI Health Care Core Values (WE CARE) W elcoming We are welcoming to the community, partners, staff, and patients utilizing the collective strength of our people. E xcellence We achieve and deliver our personal and collective best in the pursuit of quality and accessible health care, education, and research. C ollaboration We collaborate with health care systems, providers, and communities across Iowa and the region as well within our UI community. We believe teamwork- guided by compassion- is the best way to work. A ccountability We behave ethically, act openly and with integrity in all that we do, taking responsibility for our actions. R espect We create an environment where every individual feels safe, valued, and respected, supporting the well-being and success of all members of our community. E mpowerment We commit to fair access to research, health care, and education for our community and opportunities for personal and professional growth for our staff and learners. University of Iowa Health Care—recognized as one of the best hospitals in the United States—is Iowa's only comprehensive academic medical center and a regional referral center. Each day more than 12,000 employees, students, and volunteers work together to provide safe, quality health care and excellent service for our patients. Simply stated, our mission is: Changing Medicine. Changing Lives. ® Holden Comprehensive Cancer Center is Iowa’s only NCI-designated comprehensive cancer center. The NCI designation recognized our cancer center, and its research scientist, physicians, and other health care professionals, for their roles in advancing cancer research that impacts on our ability to prevent, detect and treat our patients with cancer. Not just a floor, or a building, or even confined to a single college. Holden Comprehensive Cancer Center coordinates all cancer-related research, education, and patient care by faculty from 41 departments and six colleges, as well as UI Health Care and UI Children’s Hospital.

Requirements

• Bachelor’s degree in Business Administration or Accounting or an equivalent combination of education and experience.
• Minimum 1 year accounting and/or financial experience.
• General knowledge of accounting practices
• Excellent written, verbal and interpersonal communication skills.
• Ability to Multi - task
• Ability to work with minimal supervision and collaborate with cross-functional teams
• Self-motivated with a passion for continuous learning and a desire to take on tough and challenging projects
• Experience managing complex financial information requiring strong attention to detail.
• Demonstrated proficiency in computer software applications, including Microsoft Excel and various database (PeopleSoft, Tableau, and Access).

Nice To Haves

• Experience with financial contracts.
• Experience with University insurance and/or billing process.
• Experience with or knowledge of clinical trials/human subject research
• Medical Terminology
• Experience with University of Iowa accounting financial systems
• Experience preparing and negotiating budgets.
• Knowledge of University of Iowa business policies, procedures and regulations.

Responsibilities

• Monitor and reconcile Single MOG clinical trial account expenditures, irregularities, answer inquiries regarding usage and status of accounts; advise in usage and status of account; provide recommendations and implement corrective action.
• Responsible for opening and closing clinical trial accounts.
• Analyze and prepare monthly statement reports; maintain database record-keeping system to track all expenses and revenues.
• Assist in the development of financial proformas for financial planning and presentations
• Analyze and audit account statements and reports to verify compliance with source of funding guidelines.
• Maintain account balances and reconcile differences between various account balances and external sources.
• Respond to financial inquiries from key stakeholders.
• Complete routine account reconciliations pertaining to patients on clinical trials.
• Prepare and submit invoices for services rendered by CRS faculty and staff (i.e., protocol administration and data management services); monitor outstanding accounts and routine account reporting.
• Assist Research Billing Compliance (RBC) Office with filtering and assigning patient expenses to insurance or industry sponsor in accordance with the budget and using EPIC, Tableau, and Oncore.
• Serve as liaison with the Joint Office of Compliance regarding billing compliance issues.
• Monitor and Report internal and external payables
• Consult stakeholders and administrators on budget analysis and submissions for clinical trials with external financial support
• Analyze clinical trials budget amendments with industry sponsors and/or consortiums and cooperative groups.
• Serve as liaison to University Counsel, accounting offices, faculty, staff, and industry representatives.
• Prepare documentation; submit routing forms and obtain contract approvals as required; monitor and follow up as appropriate.
• Participate on assigned workgroups and committees charged with reviewing CRS administrative level finances and practices; obtain and analyze information; provide recommendations; implement change as appropriate.
• Participate on s internally and externally workgroups contributing clinical trial billing and budgeting best practices.
• Participate in internal and external training opportunities related to clinical trial billing and budgeting best practices
• May contribute to implementation of policies, guidance documents, and standard operating procedures.
• May perform external reporting requiring compliance with reporting standards.
• May provide training and functional and/or administrative supervision for staff

Benefits

• Regular salaried position located in Iowa City, IA and Coralville, IA
• Fringe benefit package including paid vacation; sick leave; health, dental, life and disability insurance options; and generous employer contributions into retirement plans

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level