Boston Children's Hospital - Boston, MA
posted 3 months ago
The Financial Analyst II, Clinical Research Reimbursement at Boston Children's Hospital plays a crucial role in managing the financial aspects of clinical research accounts. Reporting directly to the Senior Director of Clinical Research Finance, this position is responsible for generating invoices for clinical research activities, sending these invoices to sponsors, and tracking and reconciling payments. The incumbent will identify, analyze, and monitor issues that impact net revenue, contractual allowances, and adjustments related to clinical research studies. This role requires a thorough understanding of both internal and sponsor-driven billing and accounting systems, ensuring that all financial transactions are accurately recorded and reported. In addition to invoicing, the Financial Analyst will perform detailed analyses of payor and general ledger data to identify and understand variances and fluctuations in clinical research accounts receivable. This includes maintaining accurate records, performing account reconciliations, and reviewing financial activity for accuracy and completeness. The analyst will also develop and prepare various ad-hoc reports, financial models, and analyses for senior management as needed. Collaboration with peers and colleagues is essential to foster a positive work environment and achieve the goals of the working group. The position demands strong analytical skills to collect and interpret information from diverse sources, apply professional principles in performing analyses, and summarize data to solve problems or design complex systems that cross departmental lines. Effective communication skills, both oral and written, are necessary to navigate difficult interpersonal situations and work independently or as part of project teams to achieve group objectives.