Clinical Research Financial Analyst

Discover Vanderbilt University Medical Center:  Located in Nashville, Tennessee, and operating at a global crossroads of teaching, discovery, and patient care, VUMC is a community of individuals who come to work each day with the simple aim of changing the world. It is a place where your expertise will be valued, your knowledge expanded, and your abilities challenged. Vanderbilt Health is committed to an environment where everyone has the chance to thrive and where your uniqueness is sought and celebrated. It is a place where employees know they are part of something that is bigger than themselves, take exceptional pride in their work and never settle for what was good enough yesterday. Vanderbilt’s mission is to advance health and wellness through preeminent programs in patient care, education, and research.

Organization:

VICTR

Job Summary:

Clinical Research Financial Analyst – Clinical Research Center (CRC) - VICTR

JOB SUMMARY
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.
This position supports research operations by applying financial expertise to clinical research activities. 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.

The Department may provide supplemental in-person training and team meetings on a periodic basis which remote workers are encouraged to attend.

About the Department:
The Vanderbilt Institute for Clinical & Translational Research (VICTR) is Vanderbilt’s virtual home for clinical and translational research. Supported by Vanderbilt University Medical Center’s Office of Research and the NIH-sponsored Clinical and Translational Service Award (CTSA), the mission of the institute is to transform the way ideas and research discoveries make their way from origin to patient care. VICTR functions to help researchers and clinicians do their jobs better by providing tools and support to improve the quality of research, publications, grant writing, and training for future doctors and researchers. For more information, please visit https://victr.vumc.org/.

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KEY PERFORMANCE ELEMENTS

• Develops projections to model the financial impact of programs, projects, and clinical research studies, including per-patient and visit-based cost analysis.

• Designs, develops, and modifies financial forecasting models that incorporate protocol requirements, visit schedules, and expected enrollment patterns.

• Accumulates and analyzes data from research, clinical operations, and financial databases to support forecasting and reporting.

• Analyzes financial data and prepares reports, summaries, and trend analyses that reflect study progress, billing activity, and sponsor reimbursement.

• Applies knowledge of study protocols, procedures, and visit schedules to ensure budgets accurately reflect operational requirements.

• The responsibilities listed are a general overview of the position and additional duties may be assigned.

TECHNICAL CAPABILITIES

Financial Analysis (Intermediate)

• Evaluates 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)

• Understands research study structure, study-visit schedules, and regulatory timelines sufficiently to develop accurate budgets and monitor post-award financial activity.

Communication of Results (Intermediate)

• Communicates results and recommendations to customers in a concise and non-technical format. Clearly states implications and potential next steps. Presents analysis, ideas, and findings using the appropriate data visualization and presentation tools [such as Word, Excel, Tableau, and PowerPoint].

Problem Solving (Intermediate)

• Uses critical thinking and process improvement i.e. coaches and mentors development of problem statement, describes current state, identifies root causes, creates future state, coaches and mentors development of solu