FINANCIAL MGMT ANALYST III

School of Medicine Established in 1930, Duke University School of Medicine is the youngest of the nation’s top medical schools. Ranked sixth among medical schools in the nation, the School takes pride in being an inclusive community of outstanding learners, investigators, clinicians, and staff where interdisciplinary collaboration is embraced and great ideas accelerate translation of fundamental scientific discoveries to improve human health locally and around the globe. Composed of more than 2,500 faculty physicians and researchers, more than 1,300 students, and more than 6,000 staff, the Duke University School of Medicine along with the Duke University School of Nursing, Duke University Health System and the Private Diagnostic Clinic (PDC) comprise Duke Health. a world-class academic medical center. The Health System encompasses Duke University Hospital, Duke Regional Hospital, Duke Raleigh Hospital, Duke Primary Care, Duke Home and Hospice, Duke Health and Wellness, and multiple affiliations.

Occupational Summary: 

Provide overall administrative financial management of the Children’s Clinical Research Unit (CCRU) within the Department. This includes budget development, budget negotiations, financial management oversight of the CCRU and its portfolio, and financial reporting and analysis. 

Responsibilities: 

Budget Development and Negotiations – 50% 

· Work with institution, department, division, study teams, and faculty on developing budget in accordance with sponsor’s requirements and institutional and departmental policy, procedures and deadlines. 

· Participate in study initiation meetings for new submissions. 

· Negotiate complex budgets and payment terms with sponsors and Clinical Research Organizations (CROs). This includes negotiating out-of-scope payments with sponsors. 

· Oversee submission of budget and contract approval process. 

· Track proposed projects and any related budget and contract issues. 

· Serve as the central point of contact with sponsors and CROs regarding budgets and contracts. 

Clinical Research Financial Operations – 25% 

· Manage the clinical research financial operations which includes, but is not limited to, award set up, milestone payment tracking and invoicing, accounts receivable collections, allocation determination, internal charges, distribution of funds, accrual entries, reconciliation of charges, and project closure. 

· Adhere to sponsor, institution and department policies and procedures, including the development of new CCRU policies and procedures when needed. 

Financial Reports and CCRU Budget – 25% 

· Oversee the monthly preparation of clinical research financial reports for department, division, and faculty. This includes aggregated and project financials with projections and variances. Prepare an executive summary of overall financial results and present to CCRU leadership. 

· Meet with department teams and faculty to review the financial reports offering any explanations or insights. 

· Prepare the CCRU operating budget, projections, and variance explanations for CCRU and department leadership. 

Skills: 

Strong communication, organizational, and financial analytical skills. 

Education/Training: 

Work requires a Bachelor’s degree in Accounting, Finance, Economics, Business Administration or a related field. 

Experience: 

Work requires a minimum of six years experience in financial management, cost accounting or a field directly related to specialized area of assignment. OR AN EQUIVALENT COMBINATION OF RELEVANT EDUCATION AND/OR EXPERIENCE

Minimum Qualifications
Education

Work requires a Bachelor’s degree in Accounting, Finance, Economics, Business Administration or a related field. CPA is desirable.

Experience

Work requires a minimum of six years experience in financial OR AN EQUIVALENT COMBINATION OF RELEVANT EDUCATION AND/OR EXPERIENCE management, cost accounting or a field directly related to specialized area of assignment.

Duke is an Affirmative Action/Equal Opportunity Employer committed to providing employment opportunity without regard to an individual’s age, color, disability, gender, gender expression, gender identity, genetic information, national origin, race, religion, sex, sexual orientation, or veteran status.

Duke aspires to create a community built on collaboration, innovation, creativity, and belonging. Our collective success depends on the robust exchange of ideas—an exchange that is best when the rich diversity of our perspectives, backgrounds, and experiences flourishes. To achieve this exchange, it is essential that all members of the community feel secure and welcome, that the contributions of all individuals are respected, and that all voices are heard. All members of our community have a responsibility to uphold these values.

Essential Physical Job Functions: Certain jobs at Duke University and Duke University Health System may include essentialjob functions that require specific physical and/or mental abilities. Additional information and provision for requests for reasonable accommodation will be provided by each hiring department.