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Clinical Research Administrator

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Actalent

3mo ago

  • Job
    Full-time
    Entry Level
  • Accounting & Tax
    Healthcare
  • Philadelphia

AI generated summary

  • You need a Bachelor's in Business, Finance, or Healthcare Administration, prior clinical research experience, and proficiency in Excel for spreadsheet creation and basic functions.
  • You will track clinical trial budgets, manage grant accounts, process invoices and payments, reconcile accounts monthly, maintain financial metrics, and report statuses to management.

Requirements

  • EDUCATIONAL/TRAINING REQUIREMENTS: Bachelor’s Degree in Business, Finance, Healthcare Administration, or related field.
  • CERTIFICATES, LICENSES, AND REGISTRATION:
  • EXPERIENCE REQUIREMENTS: Previous experience in clinical research administration preferred.
  • ADDITIONAL INFORMATION: Proficient Microsoft Excel skills to include the ability to create spreadsheets with basic formulas/functions is required. Excel testing will be conducted.

Responsibilities

  • Customizes visit payment trackers to mirror each negotiated budget, in order to assist in tracking all receivables for the life of the clinical trial.
  • Manages a portfolio of active clinical trial grant accounts by tracking accounts receivable, invoicing sponsors as applicable, processing payments for bills, and reviewing personnel effort.
  • Identifies and applies checks and wires to appropriate clinical trial financial account.
  • Reconciles all assigned accounts against the general ledger on a monthly basis.
  • Maintains account metrics which monitor all clinical trial grant account balances, and reports the financial status to the Assistant Director, and corresponding departments, on a monthly basis.
  • Performs final financial account reconciliation to ensure all payments have been received from sponsors and all charges have been applied to the account.
  • Interacts with co-workers, visitors, and other staff consistent with hospital values.

FAQs

What is the primary responsibility of a Clinical Research Administrator?

The primary responsibility of a Clinical Research Administrator is to manage the financial aspects of clinical trial grant accounts, including tracking accounts receivable, invoicing sponsors, processing payments, and ensuring accurate financial reporting.

What level of experience is required for this position?

This position is considered entry-level, and previous experience in clinical research administration is preferred but not mandatory.

What educational background is required for this role?

A Bachelor’s Degree in Business, Finance, Healthcare Administration, or a related field is required for this role.

What key skills are necessary for a Clinical Research Administrator?

Key skills include clinical trial management, grants administration, clinical research knowledge, financial management, financial analysis, forecasting, budgeting, and proficiency in Microsoft Excel.

Will I need to take an Excel test if I apply for this job?

Yes, applicants will be required to undergo Excel testing to assess their proficiency in creating spreadsheets and using basic formulas/functions.

Is previous experience in clinical research a necessity for this position?

While previous experience in clinical research administration is preferred, it is not explicitly required for entry-level candidates.

How often will I need to report the financial status of clinical trial accounts?

You will be required to report the financial status of clinical trial grant accounts to the Assistant Director and corresponding departments on a monthly basis.

What is the company's stance on diversity and inclusion?

Actalent is committed to diversity, equity, and inclusion, ensuring a culture that supports hiring diverse talent and maintaining an inclusive environment.

Will I interact with others in the company as part of my daily responsibilities?

Yes, this role involves regular interaction with co-workers, visitors, and other staff in a manner consistent with hospital values.

What software skills do I need to have before applying?

Proficiency in Microsoft Excel, including the ability to create spreadsheets and use basic formulas/functions, is required before applying for this position.

An Engineering and Sciences Services Company | People to Possible

Human Resources
Industry
5001-10,000
Employees

Mission & Purpose

Actalent connects passion with purpose. Our scalable talent solutions and services capabilities drive value and results and provide the expertise to help our customers achieve more. Every day, our experts around the globe are making an impact. We’re supporting critical initiatives in engineering and sciences that advance how companies serve the world. Actalent’s global footprint and flexible delivery models ensure access to specialized talent where and when you need it. We promote consultant engagement through professional development and provide experiences to ensure continuous learning. Our people are the difference. Our expertise spans capabilities in engineering including product and manufacturing, systems and software, construction management, environmental, architecture and civil; and power and utilities. We focus on sciences capabilities in laboratory sciences, healthcare, and clinical research. Actalent is an operating company of Allegis Group, the global leader in talent solutions.