Financial Analyst

$65,000 - $70,000/year

4 Feb 2025

Los Angeles, CA, USA

Verified by Turrior

Content + Source + Freshness • 14 Dec 2025 • 95% confidence

75 / 100

Offer value

Moderate score reflecting competitive salary and critical role in clinical trials, with potential for growth in specialized finance.

Competitive salary: $65,000 - $70,000/year
Central role in managing clinical trial finances
Opportunity to work with academic professionals
Requires detailed financial analysis and communication skills

Pros

Salary range ($65,000 - $70,000/year) for sector
Integral role in supporting clinical research
Collaboration with diverse teams in a prestigious institution

Cons

Limited remote work options with required on-site presence
High workload demanding precise attention to detail
Varying nature of the clinical trial funding landscape

Who it's for

Mid-Level • On-Site

Good fit

Finance professionals interested in clinical research
Individuals who enjoy multitasking in financial environments
Candidates who thrive in collaborative settings

Not recommended for

New graduates without finance or clinical research experience
Those looking for remote-only positions
Individuals uncomfortable with fast-paced financial tasks

Motivation fit

Desire to contribute to innovative medical researchInterest in financial management within healthcareReadiness to adapt to diverse project needs

Key skills

Financial analysis and reconciliationCommunication with stakeholdersAbility to interpret contract language

Score: 75/100 AI verified analysis

About the job

Job Type: Officer of Administration
Regular/Temporary: Regular
Hours Per Week: 35
Salary Range: $65,000 - $70,000

The salary of the finalist selected for this role will be set based on a variety of factors, including but not limited to departmental budgets, qualifications, experience, education, licenses, specialty, and training. The above hiring range represents the University's good faith and reasonable estimate of the range of possible compensation at the time of posting.

Position Summary

Reporting directly to the Associate Director of Finance of the Clinical Trials Office (CTO) of Columbia University's Vagelos College of Physicians & Surgeons (VP&S) at Columbia University Irving Medical Center (CUIMC), the Financial Analyst oversees the financial management of industry-sponsored clinical trials at CUMC on behalf of study teams. The Financial Analyst will work closely with CTO colleagues, including financial analysts, contract officers, and budget analysts, as well as investigators and their research teams for the financial management of industry-sponsored clinical trials.

The CTO assists investigators and academic/research staff in developing clinical trials at VP&S and provides administrative resources and infrastructure to build and sustain clinical trials research at VP&S.

Responsibilities

The Financial Analyst primary responsibilities include:

Reconcile accruals, payments, invoices, and other financial activity for clinical trial accounts through detailed analysis and proper documentation.
Establish and maintain frequent communication with sponsors, investigators, research teams or research administrators regarding account status and issues.
Identify and address collection issues by tracking receipt of payments and analyzing aging and uncollectible account receivable balances.
Ensure the accuracy of financial data: interpreting and analyzing account activity, auditing financial issues, and working with CTO colleagues, research teams, and sponsors to resolve issues.
Create and update accounts within the university accounting system.
Interpret contract and budget language to ensure efficient collection of payments.
Create, distribute, and follow up on invoices for assigned caseload.
Respond to inquiries in a timely manner and providing feedback and solutions to financial issues.
Analyze and present on financial activity for assigned caseload.
Maintain current knowledge of university policies as it relates to industry-sponsored clinical trials.
Ensure CTO closeout processes are performed through thorough review of contract, budget, accruals, and payments.
Assist management in identifying opportunities to improve processes: providing input for streamlining processes to facilitate collecting and analyzing data. Recommending improvements to current reconciliation process.
Performs related duties & responsibilities as assigned/requested.

Minimum Qualifications

Bachelor’s Degree or equivalent in education and experience plus three years of related experience.

Preferred Qualifications

Proficiency in Microsoft Office Suite (minimum intermediate level in Excel required); Zoom and Microsoft Teams
Excellent analytical and critical thinking abilities, organizational, time management, problem solving skills, and attention to detail
Working knowledge of clinical research
Demonstrate ability to collaborate with partners in research, investigators and research teams
Ability to manage/handle multiple tasks
Strong customer service, oral and written communication skills
Ability to work in teams and independently in a highly productive environment

Equal Opportunity Employer / Disability / Veteran

Columbia University is committed to the hiring of qualified local residents.