Worldwide Clinical Trials

Grants Payments Data Analyst

Worldwide Clinical Trials • $54K — $107K *
US-Anywhere
+ 2 other locationsRemote
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2-5 years of finance experience in a relevant field
  • Degree educated, preferably in finance or a related discipline
  • Strong analytical skills with proficiency in Excel and database management
  • Understanding of accounting and revenue recognition standards
  • Ability to influence team members and challenge processes when necessary

Responsibilities

  • Gather current site enrollment and patient data for forecasting
  • Create and maintain a forecasting model for payment needs outside Medidata Payments
  • Link forecast model with Medidata Payments forecasts
  • Assist Revenue Recognition team to ensure compliance with audit requirements
  • Develop client-ready revenue forecasts based on sponsor contracts
  • Analyze forecasts against actuals and notify teams of variances
  • Perform final reconciliation and provide reports for project closing

Benefits

  • Inclusive and equitable workplace culture
  • Transparent compensation policy
  • Competitive benefits package based on location
  • Opportunities for performance-based promotions and career advancement
  • Commitment to employee development and meaningful work
Full Job Description

What the Grants Payment Data Analyst does at Worldwide


The role of Grants Payments Data Analyst is to assist in building a forecast model for forecasting needs outside of Medidata Payments, as well as own that model and future updates and improvements. The role will also be involved in the process development of forecasting outside of Medidata Payments and how that links with forecasts from Medidata Payments. They will work closely with the Revenue Recognition, Clinical Payments, Investigator Grants Payments, and Project Analyst teams, along with other departments that contribute data to the forecasting and payment of sites, to assist in developing the end-to-end forecasting process of Clinical Site Payments. The Analyst will also be involved in developing a client-ready format of the forecast for the Project Analyst to incorporate into Financial Client Deliverables.



What you will do


  • Work with the Central Planning and Clinical Operations teams to gather current site enrollment and patient enrollment data (actual and forecast)
  • Assist in creating a model for forecasting needs outside of Medidata Payments and own the model and subsequent updates and improvements
  • Assist in linking the forecast model with Medidata Payments forecasts
  • Work with the Financial Planning and Analysis (FP&A) Revenue Recognition team to confirm adherence to requirements for financial audits
  • Create client-ready forecast deliverables as specified per sponsor contracts
  • Perform forecast analysis, including plan versus actuals and total budget needs with sponsors
  • Notify Project Analysts and Global Project Leads of issues involving over-forecast or under-forecast variances
  • Ensure compliance with audit requirements and support year-end and interim audit processes
  • Support the Clinical Operations (CO) process
  • Stay up to date with local and global revenue regulations
  • Ensure accurate reporting to clients in a timely manner in line with client requirements
  • Perform final reconciliation on study closeout and provide Project Analysts with final client-ready reports for review
  • Perform other duties as assigned. The duties and responsibilities listed above are representative of the nature and level of work assigned and are not necessarily all-inclusive

What you bring to the role


  • Ability to influence and challenge as required
  • Understanding of the process of paying sites
  • Understanding of accounting and revenue recognition standards

Your experience


  • Strong analytical skills
  • Proficient in Excel, databases, and accounting systems
  • Degree educated with at least 2 to 5 years of finance experience

Promotion to the next level is not automatic based on years of experience. Personnel are evaluated on proven competency, level of responsibility, and ability to work independently.


At Worldwide Clinical Trials, we are committed to fostering an inclusive and equitable workplace by providing transparent compensation.

The salary range for this position is annually (For hourly paid positions, the stated salary range reflects hourly rates):


United States of America - $54,500.00 - $107,500.00


The salary range provided is intended to give candidates an understanding of potential earnings. Compensation will fall within the provided range, and it not a guarantee of exact salary. The final salary will be determined based on relevant experience, performance, education, and internal equity. In addition to base salary, we offer a competitive benefits package depending on location. We ensure pay equity and transparency and comply with all applicable labor laws. Salary information will be discussed during the interview process, and we encourage candidates to inquire about compensation at any stage.

We love knowing that someone is going to have a better life because of the work we do. 

About Worldwide Clinical Trials

Worldwide Clinical Trials is a global contract research organization (CRO) that provides clinical research services to pharmaceutical and biotechnology companies. They specialize in early phase development, late phase development, and full-service clinical research. Worldwide Clinical Trials has experience in a wide range of therapeutic areas, including oncology, neuroscience, and infectious diseases. They are committed to providing high-quality, efficient, and cost-effective services to their clients.
Learn more about Worldwide Clinical Trials
Size
1,500 employees
Industry
Founded
1986

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