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Posted 19d ago
Apply by Aug 31
Full job description
Job DetailsJob Location: Corporate - Karachi (KHI) - Karachi, Sindh 75600Position Type: 1099 Education Level: Bachelor's DegreeTravel Percentage: NoneJob Shift: AnyJob Category: FinanceThe Financial Business Analyst will be responsible for calculating, reconciling and reporting fees payable to Principal Investigators (PIs) based on sponsor cash receipts, contractual terms and patient activity.
DUTIES & RESPONSIBILITIES
Review and understand the contractual payment terms for each PI. Calculate PI fees based on sponsor cash received, patient visits, study milestones and applicable fee arrangements. Evaluate payments relating to new patient randomisations, including doctor-sourced patients. Prepare detailed statements of account for each PI, showing:
Fees earned on a cash basis Fees earned on an accrual basis Payments made Outstanding and pending amounts
Reconcile PI fees with sponsor receipts, clinical activity and payment records. Extract and analyse data from CRIO, COMTRACK and other relevant systems. Investigate and resolve differences between contracts, patient activity, sponsor payments and PI calculations. Prepare forecasts and projections for individual PI fees and future payment requirements. Support month-end accruals, reconciliations and management reporting. Work closely with Finance, Clinical Operations, Accounts Receivable, Accounts Payable and Principal Investigators.
KNOWLEDGE & EXPERIENCE
Education
Bachelor’s degree in finance, Accounting, Business, Healthcare Administration, or related field is strongly recommended.
Experience
7+ years of financial analysis experience preferred.
Credentials
N/A
Knowledge and Skills
Strong understanding of budgeting, forecasting, and financial reporting. Excellent interpersonal and communication skills is a must. Ability to communicate financial information in a conversational and collaborative manner. Strong attention to detail with excellent organizational skills. Proficiency in Microsoft Excel, google spreadsheets and financial reporting systems. Relationship-driven and approachable personality. Comfortable speaking with physicians, investigators, and executive leadership. Flexibility in scheduling as most visits with investigators are routinely altered. Highly transparent, trustworthy, and solutions oriented. Ability to simplify complex financial information. Self-motivated with strong follow-through and accountability. Team-oriented mindset with a customer service approach to investigator support
KPI & Success Metrics
PI Fee Accuracy
Maintain at least 98% calculation accuracy.
Reconciliation Accuracy
Complete reconciliations with minimal errors or adjustments.
PI Statements
Issue 100% of statements on time.
Month-End Close
Complete all assigned tasks by the close deadline.
Accrual Accuracy
Keep accruals within ±5% of final amounts.
Sponsor Cash Allocation
Match 95% of receipts within five business days.
Data Quality
Maintain at least 98% data accuracy and completeness.
Payment Processing
Submit approved payments within 2–3 business days.
Outstanding Balances
Maintain a complete and updated ageing schedule.
Issue Resolution
Resolve routine issues within 5 days and complex issues within 15 days.
Stakeholder Response
Acknowledge queries within one business day.
Reporting Quality
Submit accurate reports with clear supporting documents.
Process Improvement
Implement at least two improvements annually.
Compliance
Maintain 100% regulatory, policy, and confidentiality compliance.
Audit Readiness
Maintain complete support and audit trails for all calculations.
20 years of innovation in medical research. Excellence in Patient Centricity.
Industry
Biotechnology Research
Company size
501-1,000 employees
Founded
2006
Headquarters
Houston, TX
LinkedIn followers
32,360
DM Clinical Research is a network of clinical trial investigator sites with headquarters based out of Houston, Texas.
We are the link connecting pharmaceutical and research organizations to caring individuals seeking to power the advancement of medicine. We work with qualified physicians with a diverse range of specialties—including cardiology, endocrinology, pediatrics, rheumatology, pulmonology and family medicine—and have conducted a wide variety of studies with successful enrollment targets.
Websites:
http://www.dmclinical.com
Offices: 6550 Mapleridge, Suite 201, Houston, TX 77801, US · 13406 Medical Complex Dr, Tomball, Texas 77375, US · 20180 W. 12 Mile Rd, Ste 400, Southfield, MI 48076, US · 231 N Broad St., 3rd Floor, Philadelphia, PA 19107, US · 2021 N MacArthur Blvd, Irving, Texas 75061, US
20 years of innovation in medical research. Excellence in Patient Centricity.
Industry
Biotechnology Research
Company size
501-1,000 employees
Founded
2006
Headquarters
Houston, TX
LinkedIn followers
32,360
DM Clinical Research is a network of clinical trial investigator sites with headquarters based out of Houston, Texas.
We are the link connecting pharmaceutical and research organizations to caring individuals seeking to power the advancement of medicine. We work with qualified physicians with a diverse range of specialties—including cardiology, endocrinology, pediatrics, rheumatology, pulmonology and family medicine—and have conducted a wide variety of studies with successful enrollment targets.
Websites:
http://www.dmclinical.com
Offices: 6550 Mapleridge, Suite 201, Houston, TX 77801, US · 13406 Medical Complex Dr, Tomball, Texas 77375, US · 20180 W. 12 Mile Rd, Ste 400, Southfield, MI 48076, US · 231 N Broad St., 3rd Floor, Philadelphia, PA 19107, US · 2021 N MacArthur Blvd, Irving, Texas 75061, US