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 solutions and action plans with a sustainability plan. Applies appropriate tools to address issues.

Project Management (Intermediate)

• Planning, organizing, and managing resources to bring about the successful completion of specific project goals and objectives.

Written Communication (Intermediate)

• Demonstrates the ability to write clear, detailed, and comprehensive status reports, memos and documentation. Demonstrates an understanding of effective composition, such as having first line in a paragraph state the subject.

BASIC QUALIFICATIONS

• Bachelor's Degree (or equivalent experience) (Required)

• 2 years relevant experience (Required)

Our professional administrative functions include critical supporting roles in information technology and informatics, finance, administration, legal and community affairs, human resources, communications and marketing, development, facilities, and many more.

At our growing health system, we support each other and encourage excellence among all who are part of our workforce. High-achieving employees stay at Vanderbilt Health for professional growth, appreciation of benefits, and a sense of community and purpose.

Core Accountabilities:

Organizational Impact: Executes job responsibilities with the understanding of how output would affect and impact other areas related to own job area/team with occasional guidance. Problem Solving/ Complexity of work: Analyzes moderately complex problems using technical experience and judgment. Breadth of Knowledge: Has expanded knowledge gained through experience within a professional area. Team Interaction: Provides informal guidance and support to team members.

Core Capabilities :

Supporting Colleagues:- Develops Self and Others: Invests time, energy, and enthusiasm in developing self/others to help improve performance e and gain knowledge in new areas.- Builds and Maintains Relationships: Maintains regular contact with key colleagues and stakeholders using formal and informal opportunities to expand and strengthen relationships.- Communicates Effectively: Recognizes group interactions and modifies one's own communication style to suit different situations and audiences. Delivering Excellent Services:- Serves Others with Compassion: Seeks to understand current and future needs of relevant stakeholders and customizes services to better address them.- Solves Complex Problems: Approaches problems from different angles; Identifies new possibilities to interpret opportunities and develop concrete solutions.- Offers Meaningful Advice and Support: Provides ongoing support and coaching in a constructive manner to increase employees' effectiveness. Ensuring High Quality: - Performs Excellent Work: Engages regularly in formal and informal dialogue about quality; directly addresses quality issues promptly.- Ensures Continuous Improvement: Applies various learning experiences by looking beyond symptoms to uncover underlying causes of problems and identifies ways to resolve them. - Fulfills Safety and Regulatory Requirements: Understands all aspects of providing a safe environment and performs routine safety checks to prevent safety hazards from occurring. Managing Resources Effectively: - Demonstrates Accountability: Demonstrates a sense of ownership, focusing on and driving critical issues to closure.- Stewards Organizational Resources: Applies understanding of the departmental work to effectively manage resources for a department/area.- Makes Data Driven Decisions: Demonstrates strong understanding of the information or data to identify and elevate opportunities. Fostering Innovation:- Generates New Ideas: Proactively identifies new ideas/opportunities from multiple sources or methods to improve processes beyond conventional approaches.- Applies Technology: Demonstrates an enthusiasm for learning new technologies, tools, and procedures to address short-term challenges.- Adapts to Change: Views difficult situations and/or problems as opportunities for improvement; actively embraces change instead of emphasizing negative elements.

Position Qualifications:

Responsibilities:

Certifications:

Work Experience:

Relevant Work Experience

Experience Level:

2 years

Education:

Bachelor's

Vanderbilt Health is committed to fostering an environment where everyone has the chance to thrive and is committed to the principles of equal opportunity.  EOE/Vets/Disabled.