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Job Description
Research Finance Specialist | OneOncology
The Tone:
This is a full-time role at OneOncology. The specific location is not detailed, but the position requires consistent attendance. OneOncology is a growing organization focused on empowering community oncologists to innovate patient care through a patient-centric, physician-driven, and technology-powered model. This role is crucial for managing the financial aspects of clinical trials, ensuring accurate billing, revenue recognition, and compliance from study activation through closeout.
The TL;DR
• Role: Full Time
• Type: Full-time
• Team: Reports to the Sr. Manager of Research Finance and works closely with the OneR Management Team.
• Mission: Manages the financial activities and compliance for clinical trials, ensuring accurate billing, revenue, and reconciliation from study activation through study closeout.
• Tech Stack: Signal Path Clinical Trial Management System (CTMS), Word, Excel, PowerPoint, Adobe Acrobat.
What You’ll Actually Do
• Financial Operations & Invoicing: Perform comprehensive general accounting functions for the Research Department, encompassing accounts payable, accounts receivable, and the precise billing and posting of payments, including generating detailed invoices for startup fees, milestone payments, patient visits, and administrative fees according to Clinical Trial Agreements (CTAs).
• CTMS Management & Data Integrity: Build and maintain research studies within the Signal Path Clinical Trial Management System (CTMS), accurately inputting general study information, contract terms, study budgets, visit schedules, and standard of care elements, while also reviewing studies for overall data accuracy.
• Billing Compliance & Discrepancy Resolution: Collaborate with research sites to ensure all billing activities are correctly entered into the CTMS per contract agreements, audit system information for accuracy in patient visits and billable procedures, and proactively identify and resolve billing discrepancies with appropriate payers or sponsors.
• Revenue Cycle Management & Collections: Actively manage collection activities for all past due payments, diligently following up on outstanding invoices with payers and study Sponsors/CROs to minimize payment cycle times, enhance revenue, and resolve any invoicing issues promptly.
• Reporting, Reconciliation & Internal Audit: Assist in the data preparation for monthly financial reporting, reconcile monthly expenses, invoices, and payment discrepancies, and conduct internal audits and study close-out reconciliations to ensure accurate capture of all study revenue.
The Must-Haves
• Background: Associate’s degree required, with a strong understanding of medical billing review, contract interpretation, and clinical research billing compliance, reflecting a mid-level career professional.
• Experience: Three years of applicable experience, specifically including experience working in a Clinical Trial Management System (CTMS).
• Skills: Strong accounting principles knowledge, experience working with clinical study agreements and budgets, excellent written and verbal communication, robust organizational skills, and a keen attention to detail.
• Bonus: Bachelor’s degree and prior experience with Signal Path CTMS.