Vanderbilt Health
Clinical Research Financial Analyst
Vanderbilt Health, Nashville, Tennessee, United States, 37247
Job Summary
Clinical Research Financial Analyst – Clinical Research Center (CRC) – VICTR
In your pivotal role as a Financial Analyst, you will plan, develop, and coordinate the preparation of financial analyses and reports to assess the viability of long‑range strategic and financial plans and programs including operational and capital budgets, financial statements, statistical reports, cost analyses, and other financial information.
A strong understanding of clinical research concepts, including research study visits, protocol‑driven procedures, patient‑care cost drivers, and regulatory milestones is essential to creating accurate budgets, projections, and post‑award analyses. You will monitor results from program, project, and research study implementation; perform complex and specialized financial assignments; coordinate cross‑functional efforts; and perform primarily post‑award financial activities.
Key Performance Elements
Develop projections to model the financial impact of programs, projects, and clinical research studies, including per‑patient and visit‑based cost analysis.
Design, develop, and modify financial forecasting models that incorporate protocol requirements, visit schedules, and expected enrollment patterns.
Accumulate and analyze data from research, clinical operations, and financial databases to support forecasting and reporting.
Analyze financial data and prepare reports, summaries, and trend analyses that reflect study progress, billing activity, and sponsor reimbursement.
Apply knowledge of study protocols, procedures, and visit schedules to ensure budgets accurately reflect operational requirements.
Technical Capabilities – Financial Analysis
Evaluate programs, budgets, clinical trials, and research projects to determine performance, stability, and financial viability, including modeling of study‑visit‑driven costs.
Research Administration Knowledge – Intermediate
Understand research study structure, study‑visit schedules, and regulatory timelines sufficiently to develop accurate budgets and monitor post‑award financial activity.
Communication of Results – Intermediate
Communicate results and recommendations to customers in a concise and non‑technical format. Clearly state implications and potential next steps. Present analysis, ideas, and findings using the appropriate data visualization and presentation tools (e.g., Word, Excel, Tableau, PowerPoint).
Problem Solving – Intermediate
Use critical thinking and process improvement (e.g., coach and mentor development of problem statement, describe current state, identify root causes, create future state, coach and mentor development of solutions and action plans with a sustainability plan). Apply appropriate tools to address issues.
Project Management – Intermediate
Planning, organizing, and managing resources to bring about the successful completion of specific project goals and objectives.
Written Communication – Intermediate
Demonstrate the ability to write clear, detailed, and comprehensive status reports, memos, and documentation. Demonstrate an understanding of effective composition (e.g., having first line in a paragraph state the subject).
Basic Qualifications
Bachelor’s Degree (or equivalent experience) – Required
2 years relevant experience – Required
Core Accountabilities
Organizational Impact: Execute job responsibilities with understanding of how output would affect and impact other areas related to own job area/team with occasional guidance.
Problem Solving/Complexity of work: Analyze moderately complex problems using technical experience and judgment.
Breadth of Knowledge: Have expanded knowledge gained through experience within a professional area.
Team Interaction: Provide informal guidance and support to team members.
Core Capabilities
Develops Self and Others: Invest time, energy, and enthusiasm in developing self/others to improve performance and gain knowledge in new areas.
Builds and Maintains Relationships: Maintain regular contact with key colleagues and stakeholders using formal and informal opportunities.
Communicates Effectively: Recognize group interactions and modify communication style to suit different situations and audiences.
Serves Others with Compassion: Seek to understand current and future needs of relevant stakeholders and customize services.
Solves Complex Problems: Approach problems from different angles; identify new possibilities to interpret opportunities and develop concrete solutions.
Offers Meaningful Advice and Support: Provide ongoing support and coaching in a constructive manner to increase employees’ effectiveness.
Ensures High Quality: Engage regularly in formal and informal dialogue about quality; directly address quality issues promptly.
Ensures Continuous Improvement: Apply various learning experiences by looking beyond symptoms to uncover underlying causes of problems and identify ways to resolve them.
Fulfills Safety and Regulatory Requirements: Understand all aspects of providing a safe environment and perform routine safety checks to prevent safety hazards.
Managing Resources Effectively: Demonstrate accountability and stewardship of organizational resources.
Makes Data‑Driven Decisions: Demonstrate strong understanding of information or data to identify and elevate opportunities.
Generating New Ideas: Proactively identify new ideas/opportunities from multiple sources or methods.
Adapts to Change: View difficult situations and/or problems as opportunities for improvement and actively embrace change.
Position Qualifications – Responsibilities, Certifications, Work Experience
Relevant Work Experience
Experience Level 2 years
Education Bachelor’s
EEO Statement Vanderbilt Health is committed to fostering an environment where everyone has the chance to thrive and is committed to the principles of equal opportunity. EOE/Vets/Disabled.
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In your pivotal role as a Financial Analyst, you will plan, develop, and coordinate the preparation of financial analyses and reports to assess the viability of long‑range strategic and financial plans and programs including operational and capital budgets, financial statements, statistical reports, cost analyses, and other financial information.
A strong understanding of clinical research concepts, including research study visits, protocol‑driven procedures, patient‑care cost drivers, and regulatory milestones is essential to creating accurate budgets, projections, and post‑award analyses. You will monitor results from program, project, and research study implementation; perform complex and specialized financial assignments; coordinate cross‑functional efforts; and perform primarily post‑award financial activities.
Key Performance Elements
Develop projections to model the financial impact of programs, projects, and clinical research studies, including per‑patient and visit‑based cost analysis.
Design, develop, and modify financial forecasting models that incorporate protocol requirements, visit schedules, and expected enrollment patterns.
Accumulate and analyze data from research, clinical operations, and financial databases to support forecasting and reporting.
Analyze financial data and prepare reports, summaries, and trend analyses that reflect study progress, billing activity, and sponsor reimbursement.
Apply knowledge of study protocols, procedures, and visit schedules to ensure budgets accurately reflect operational requirements.
Technical Capabilities – Financial Analysis
Evaluate programs, budgets, clinical trials, and research projects to determine performance, stability, and financial viability, including modeling of study‑visit‑driven costs.
Research Administration Knowledge – Intermediate
Understand research study structure, study‑visit schedules, and regulatory timelines sufficiently to develop accurate budgets and monitor post‑award financial activity.
Communication of Results – Intermediate
Communicate results and recommendations to customers in a concise and non‑technical format. Clearly state implications and potential next steps. Present analysis, ideas, and findings using the appropriate data visualization and presentation tools (e.g., Word, Excel, Tableau, PowerPoint).
Problem Solving – Intermediate
Use critical thinking and process improvement (e.g., coach and mentor development of problem statement, describe current state, identify root causes, create future state, coach and mentor development of solutions and action plans with a sustainability plan). Apply appropriate tools to address issues.
Project Management – Intermediate
Planning, organizing, and managing resources to bring about the successful completion of specific project goals and objectives.
Written Communication – Intermediate
Demonstrate the ability to write clear, detailed, and comprehensive status reports, memos, and documentation. Demonstrate an understanding of effective composition (e.g., having first line in a paragraph state the subject).
Basic Qualifications
Bachelor’s Degree (or equivalent experience) – Required
2 years relevant experience – Required
Core Accountabilities
Organizational Impact: Execute job responsibilities with understanding of how output would affect and impact other areas related to own job area/team with occasional guidance.
Problem Solving/Complexity of work: Analyze moderately complex problems using technical experience and judgment.
Breadth of Knowledge: Have expanded knowledge gained through experience within a professional area.
Team Interaction: Provide informal guidance and support to team members.
Core Capabilities
Develops Self and Others: Invest time, energy, and enthusiasm in developing self/others to improve performance and gain knowledge in new areas.
Builds and Maintains Relationships: Maintain regular contact with key colleagues and stakeholders using formal and informal opportunities.
Communicates Effectively: Recognize group interactions and modify communication style to suit different situations and audiences.
Serves Others with Compassion: Seek to understand current and future needs of relevant stakeholders and customize services.
Solves Complex Problems: Approach problems from different angles; identify new possibilities to interpret opportunities and develop concrete solutions.
Offers Meaningful Advice and Support: Provide ongoing support and coaching in a constructive manner to increase employees’ effectiveness.
Ensures High Quality: Engage regularly in formal and informal dialogue about quality; directly address quality issues promptly.
Ensures Continuous Improvement: Apply various learning experiences by looking beyond symptoms to uncover underlying causes of problems and identify ways to resolve them.
Fulfills Safety and Regulatory Requirements: Understand all aspects of providing a safe environment and perform routine safety checks to prevent safety hazards.
Managing Resources Effectively: Demonstrate accountability and stewardship of organizational resources.
Makes Data‑Driven Decisions: Demonstrate strong understanding of information or data to identify and elevate opportunities.
Generating New Ideas: Proactively identify new ideas/opportunities from multiple sources or methods.
Adapts to Change: View difficult situations and/or problems as opportunities for improvement and actively embrace change.
Position Qualifications – Responsibilities, Certifications, Work Experience
Relevant Work Experience
Experience Level 2 years
Education Bachelor’s
EEO Statement Vanderbilt Health is committed to fostering an environment where everyone has the chance to thrive and is committed to the principles of equal opportunity. EOE/Vets/Disabled.
#J-18808-Ljbffr