Senior Financial Analyst
UT Southwestern Medical Center Dallas, Texas, United States
Higher Education · 5,001-10,000 employees
About the role
The Senior Financial Analyst facilitates the financial management of clinical trials, including budgeting, invoicing, and study reconciliation. They also prepare complex financial reports and provide financial analysis to support research faculty and departmental leadership.
What they look for
Requirements
The position requires a Bachelor's degree in finance, accounting, or a related field. Candidates must have at least 4 years of progressively responsible experience in finance, accounting, planning, forecasting, and financial analysis.
Benefits
Full description
WHY UT SOUTHWESTERN? With over 75 years of excellence in Dallas-Fort Worth, Texas, UT Southwestern is committed to excellence, innovation, teamwork, and compassion. As a world-renowned medical and research center, we strive to provide the best possible care, resources, and benefits for our valued employees. Ranked as the number 1 hospital in Dallas-Fort Worth according to U.S. News & World Report, we invest in you with opportunities for career growth and development to align with your future goals. Our highly competitive benefits package offers healthcare, PTO and paid holidays, on-site childcare, wage, merit increases and so much more. We invite you to be a part of the UT Southwestern team where you'll discover a culture of teamwork, professionalism, and a rewarding career!
JOB SUMMARY Works under general supervision to provide responsible skilled assistance in performing financial analysis related to Research and Clinical Trials for the Department of Internal Medicine. this position requires experience with financial management of clinical trials, clinical research programs, or sponsored research, including familiarity with clinical trial agreements, sponsor payment schedules, invoicing, study reconciliation, interpreting clinical trial protocols and schedules of events for financial planning and budgeting purposes.
ESSENTIAL FUNCTIONS
- Facilitates the financial management of clinical trials from study feasibility and startup through enrollment, reconciliation, and study closeout.
- Maintains study-level financial tracking and ensures sponsor payments are reconciled against contractual payment terms, participant visits, procedures, milestones, and other billable study activities.
- Invoices for applicable study milestones, pass-through expenses, administrative fees, procedures, and other contractual charges.
- Develops and negotiates clinical trial budgets in collaboration with clinical research leadership, investigators, and sponsors/contract research organization partners.
- Completes variety of complex monthly financial management reports and reviews all reports for errors and inconsistencies; analyzes variations in forecasts and actual performance; determines reasons for variance; develops recommendations for improvement; completes written summaries of financial data.
- Prepares and/or supervises preparation of monthly financial reports, schedules for annual financial reports, and reports to various government agencies, ensuring conformance of such reports with applicable procedures and regulations of University of Texas System and Federal and State agencies.
- Prepares financial models and conducts financial analyses.
- Supports research faculty funding management within multiple IM divisions or business units, works with faculty and departmental grants specialists
- Advises the faculty/PI on the applicable procedures and regulations of UT system for the use of funds
- Completes more complex special projects as requested.
BENEFITS UT Southwestern is proud to offer a competitive and comprehensive benefits package to eligible employees. Our benefits are designed to support your overall wellbeing, and include:
- PPO medical plan, available day one at no cost for full-time employee-only coverage
- 100%25 coverage for preventive healthcare-no copay
- Paid Time Off, available day one
- Retirement Programs through the Teacher Retirement System of Texas (TRS)
- Paid Parental Leave Benefit
- Wellness programs
- Tuition Reimbursement
- Public Service Loan Forgiveness (PSLF) Qualified Employer
- Learn more about these and other UTSW employee benefits!
EXPERIENCE AND EDUCATION
Required
- Education
Bachelor's Degree in finance, accounting, or other related field.
- Experience
4 years of progressively responsible experience in finance and/or accounting with experience in planning, forecasting, and financial analysis.
JOB DUTIES
- Completes variety of complex monthly financial management reports and reviews all reports for errors and inconsistencies; analyzes variations in forecasts and actual performance; determines reasons for variance; develops recommendations for improvement; completes written summaries of financial data.
- Prepares and/or supervises preparation of monthly financial reports, schedules for annual financial reports, and reports to various government agencies, ensuring conformance of such reports with applicable procedures and regulations of University of Texas System and Federal and State agencies.
- Identifies areas of poor performance, presents findings, and makes recommendations to upper management.
- Prepares financial models and conducts financial analyses.
- May maintain controls for policies and procedures for financial system; develops and maintains delegation of authority of various procedures, such as check requests, refunds, invoice approval, bad debt write-offs, etc.
- Completes more complex special projects as requested.
- Performs other duties as assigned.
SECURITY AND EEO STATEMENT
Security This position is security-sensitive and subject to Texas Education Code 51.215, which authorizes UT Southwestern to obtain criminal history record information.
EEO UT Southwestern Medical Center is committed to an educational and working environment that provides equal opportunity to all members of the University community. As an equal opportunity employer, UT Southwestern prohibits unlawful discrimination, including discrimination on the basis of race, color, religion, national origin, sex, sexual orientation, gender identity, gender expression, age, disability, genetic information, citizenship status, or veteran status.
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