Clinical Site Payments Specialist - FSP

Job Purpose:

The Clinical Site Payments Specialist is responsible for clinical financial and accounting processes. The SPS will process invoices and payments to investigators and vendors, reconcile payments with sites, vendors and Corporate Finance, create reports for Corporate Finance and development departments, and ensure current insurance information and documentation is conveyed appropriately to the insurance broker.

Key Accountabilities:

Clinical Finance/Accounting

• Processes approvals and payments for invoices submitted by sites, vendors and Clinical Research Organizations (CROs)

• Ensures payments are within contractual agreements

• Maintains the clinical finance database

• Processes financial termination/closure of study sites

Quality Control

• Ensures appropriate coding processes are followed for efficiency and consistency

• Identifies out of balance accounting records and reconciles with site, vendor or CRO and the Finance Department

• Ensures documentation is maintained to support an audit trail in the accounting system

• Conducts Quality Control (QC) process reviews and remediates as needed

Collaborative Relationships

• Communicates directly with sites and vendors to resolve invoice differences

• Supports the clinical relationship with Finance

• Interfaces with Accounting for the close/reconciliation process

• Serves as the Clinical Finance representative for study teams

Other

• Anticipates clinical trial budget revisions due to out-of-scope services, enrollment delays, etc.

• Processes monthly clinical dashboard

• Provides data for clinical trial forecasting and budgeting process

• Provides actual costs budget analysis

• Ensures current insurance information and documentation is conveyed appropriately to broker

• Manages special projects as required

Skills:

• Proficient in MS Office applications

• Demonstrated detail-oriented skills

• Demonstrated organizational and communication skills

• Proficiency in written and spoken English required

• Proficiency in local language as applicable

Required Experience:

• 4+ years of financial experience including Site Payments, Accounts Payable and Accounts Receivable or related experience in a biotech, CRO, finance and/or legal environment

• Experience with a site payment system and processes

• Experience with financial analysis preferred

Education:

• Bachelor’s degree required and preferably in accounting or a related financial discipline

EEO Disclaimer

Parexel is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to legally protected status, which in the United States includes race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.