Financial Administrator – Clinical Trials

Job Description

Financial Analyst | Northwestern University

The Tone:
This is a full-time role at Northwestern University, supporting the MED-Cancer Center. Northwestern University is a leading academic institution dedicated to advancing research, education, and patient care, often in collaboration with its medical affiliates. This Financial Analyst position is crucial for managing the complex financial operations and analysis related to clinical trials, ensuring fiscal compliance and the efficient allocation of resources for critical research initiatives.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person, Chicago, IL (Inferred, as the MED-Cancer Center is typically located on the Chicago campus of Northwestern University)
• Pay: $56782–$60158 yearly
• Team: Coordinates financial operations within the MED-Cancer Center, collaborating with other university offices and medical affiliates.
• Mission: Manages financial operations and analysis for clinical trial accounting to ensure compliance and support the Cancer Center’s research initiatives.
• Tech Stack: Excel

What You’ll Actually Do
• Budget Management: Participate in determining fiscal resource allocation, prepare analyses and reports, and provide account management for Clinical Trials, including updating budget estimates and approving fund reallocations.
• Financial Analysis & Reporting: Create daily, monthly, annual, and project-end analyses and reports, perform financial account reconciliations, and support annual audit workpapers and quarterly financial statements.
• Transaction Processing & Review: Review, approve, analyze, and classify financial transactions, create new accounts, process and reconcile transactions, and troubleshoot related problems.
• Grant & Award Financial Oversight: Work with department administrators on financial grants management issues for Industry Sponsored Clinical Trials, monitor commitments and expenditures for compliance, and verify sponsored project account setups.
• Special Project & Administrative Support: Identify data sources for special financial projects, analyze ad hoc reports, and perform general office support activities.

The Must-Haves
• Background: Bachelor’s Degree in Accounting, Business Administration, Finance or a related field; OR an equivalent combination of education and experience where similar knowledge, skills, and abilities may be acquired.
• Experience: Two years of financial administration work experience; OR two years of experience in financial, budgeting, and/or preparing account reconciliations or financial statements along with financial analysis.
• Skills: Intermediate Knowledge of Excel.
• Bonus: Clinical Trial Experience