Project Manager I (Cancer Clinical Trials Financial Manager) - Tisch Cancer Institute

Cancer Clinical Trials Financial Manager has oversight of all financial and related activities for a large and complex institute, department, center, or unit. Manages departmental financial office; performs analyses to identify revenue collection problems and other trends.

The Cancer Clinical Trials Financial Manager independently provides technical expertise and serves as a subject matter expert to the Cancer Clinical Research Unit (CRSU) by managing financial components of clinical trials for the assigned units. The Cancer Clinical Trials Financial Manager ensures timely invoicing, monetary disbursing, and tracking, and monitoring of cash flows, expenses on sponsored trials and verifies the correctness of a variety of finance and accounting data related to accounts payable and receivable, disbursement, patient billing, and collection activities.
 

Scope:  

• Budget development & negotiations
• Coverage analysis 
• Account reconciliation & close-out
• Research billing & charge adjudication   
• Accounts receivable & payable     
• Data collection & resolve discrepancies 
• Invoicing, payments & collections
• Special projects as assigned

Responsible for overall financial management for the business unit(s) assigned. 

• Applies the principles of research accounting within assigned areas of accountability by performing a variety of routine finance and accounting functions and transactions including but not limited to preparing, processing, analyzing, interpreting, reconciling, maintaining, and verifying the correctness of a variety of finance and accounting data related to accounts payable and receivable, disbursement, collection and close out.
• Processes accounts payable and ensures timely payments are made to various internal groups, external vendors, patients, and sub-sites based on contractual obligations, posts and tracks expenses for study and vendor accounts. Responsible for timely clinical trial account invoicing to sponsors which matches protocol driven procedures with patient accruals/visits to ensure appropriate invoicing and reimbursement.
• Develops business plans for new programs, hires, and operational needs of the assigned unit. 
• Conducts financial reconciliations of clinical trial budgets, expenditures, invoices, and payments.
• Analyzes revenues to identify collection problems, billing issues and other trends.
• Conducts routine financial analysis and creation of reports as requested by department administrator or chairman as applicable. May use informatics skills or liaison with technical departments to produce dashboards, charts, or other sophisticated modeling.

Responsible for overall financial reporting of the business unit(s) assigned. 

• Collect and compiles accurate and reliable data. 
• Performs functions to support clinical trial billing compliance, in accordance with established department procedures, governing regulations and institutional policies.
• Compiles productivity, compliance, and profit/loss reports. Prepare presentation materials in an accurate, clear, and concise format. 
• Uses forecasting techniques (qualitative techniques, time series analysis, casual models, etc.) and sensitivity analysis to provide advice and guidance to the physician and administrative leaders. 
• Meets routinely with leadership teams to review financial health of the unit and opportunities.

Independently develops and negotiate favorable clinical trial budgets, within assigned areas of accountability that follow all federal and local agency regulations and institutional requirements. 

• Critically evaluates research protocols to assess resource needs; assessment includes all protocol direct procedures (technical and professional), clinical research staff time, investigator time, and costs from ancillary departments and/or outside vendors or service providers.
• Negotiates and finalizes trial budgets with industry sponsors within established parameters and timelines.
• Determines research procedures in the protocol that are standard-of-care or research-related costs, provides justification, documentation (i.e., NCCN guidelines) and obtains Investigator input.
• Independently develops and negotiates budgets for highly complex situations (i.e., multi-institutional, in-patient stay, novel therapy (Phase 1, first in human) or research design (basket, Bayesian model, double-cross over).  

Identifies opportunities to enhance and expand services to investigators based on Cancer Institute goals and timelines. 

• Fosters industry and key partnership relationships through open communication. Develops and maintains effective working relationships with various