Job Description
Do you have a passion for the highest clinical quality and patient happiness? Would you like to use your expertise with an organization known nationally for excellence in cancer treatment, research and education? We would be happy to hear from you!
The Clinical Research Finance Coordinator I develops clinical trial budgets for industry, National Institutes of Health (NIH), and investigator-initiated clinical research. Evaluates research protocols to assess resource needs for research procedures, clinical research staff time, investigator time, and costs from ancillary departments. Identifies cost allocation, negotiates budgets, details budgets, and responsible for monitoring accounts and invoicing. Ensures compliance with all federal and local agencies including the Food and Drug Administration (FDA) and local Institutional Review Board.
Primary Duties and Responsibilities:
- Works closely with investigators and ancillary departments to identify research procedures needed, budget estimates and cost details.
- Processes Ancillary Agreements with departments providing research services.
- Identifies and/or researches whether research procedures in the protocol are standard-of-care or a research-related cost in order to accurately classify expenses.
- Works with the CSMC office of Sponsored Research to develop final budgets for clinical trials and research projects.
- Negotiates trial budgets and payments with industry sponsors.
- Monitors study accounts to evaluate that cost expenses/details are appropriate and within expected limits, reconciles accounts receivable and payments, and identifies any deficits and/or surpluses.
- Negotiates with sponsors the final payment due for account closeout. May conduct review and/or audits of clinical trial budget. Serves as a resource for fiscal related questions.
- Responsible for invoicing sponsors, patient research billing, reimbursement to ancillary departments, and payment tracking. Issues and submits invoices for protocol-related items and patient-related expenses per the completed contract and internal invoices for staff time and effort allocation into study accounts.
- Works closely with sponsors and clinical teams to resolve queries regarding invoices and/or payments due.
- Extracts information, analyzes and interprets data to determine financial performance and/or to project a financial probability. Prepares and delivers data, reports and/or presentations to investigators, management and/or leadership.
- Enters financial information from finalized clinical trial budgets and clinical trial agreements into the Clinical Trial Management System.
- Reviews and finalizes clinical trials calendars to ensure agreement with Medicare coverage analysis and clinical trial budget.
- Performs Medicare coverage analysis for clinical trials and collaborates with Institutional Review Board (IRB) to finalize and acquire approval.
- Reviews protocol amendments for impact to sponsored research budget/contract.
- Responsible for processing budget/contract amendments as applicable.
Qualifications Education:
- High School Diploma/GED is required.
- Bachelor's degree in Accounting, Finance, or other related degree.
Experience:
1 year of experience with billing, accounting, finance, budgeting, financial analysis or related field.
About Us Cedars-Sinai is a leader in providing high-quality healthcare encompassing primary care, specialized medicine and research. Since 1902, Cedars-Sinai has evolved to meet the needs of one of the most diverse regions in the nation, setting standards in quality and innovative patient care, research, teaching and community service. Today, Cedars- Sinai is known for its national leadership in transforming healthcare for the benefit of patients. Cedars-Sinai impacts the future of healthcare by developing new approaches to treatment and educating tomorrow's health professionals. Additionally, Cedars-Sinai demonstrates a commitment to the community through programs that improve the health of its most vulnerable residents.
About the Team Cedars-Sinai is one of the largest nonprofit academic medical centers in the U.S., with 886 licensed beds, 2,100 physicians, 2,800 nurses and thousands of other healthcare professionals and staff. Choose this if you want to work in a fast-paced environment that offers the highest level of care to people in the Los Angeles that need our care the most.
Req ID : 2736
Working Title : Clinical Research Finance Coordinator I - Pulmonary Research Program/Lung Institute
Department : Research - Pulmonary
Business Entity : Cedars-Sinai Medical Center
Job Category : Academic / Research
Job Specialty : Contract & Grant Budget/Fund
Overtime Status : EXEMPT
Primary Shift : Day
Shift Duration : 8 hour
Base Pay : $71,760.00 - $90,900.00
