Senior Clinical Payments Specialist

Senior Clinical Payment Specialist

JOB SUMMARY:

The Senior Clinical Payment Specialist (Sr. CPS) is responsible for managing clinical vendor and investigative site payments for Global Clinical Operations. The Sr. CPS is responsible for overall clinical payment activities including invoice receipt and tracking, managing purchase orders, tracking payments, and resolving invoice and payment questions and issues. In this role, the Sr. CPS will need to interact effectively with vendors and investigative sites, along with Clinical Operation Project Teams, Finance, Legal, and Clinical Procurement to ensure alignment with and delivery of business objectives.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Perform end-to-end management of clinical vendor and investigative site payments for assigned clinical studies, in accordance with Standard Operating Procedures (SOPs), federal and local regulations, and accepted accounting practices
• Set up and update new site/vendor purchase orders in applicable systems
• Manage, process, and track site/vendor invoices and payments; Maintain grant files and documentation
• Review global contract terms, budgets and payment schedules, ensuring that payments are aligned with the executed contracts
• Review data from EDC and/or applicable systems as required to validate site/vendor invoices
• Maintain regular communications with internal and external customers including providing status updates on payments
• Lead routine meetings with Project Team
• Serve as point of contact to resolve site/vendor invoice/payment questions and issues
• Perform payment reconciliations; Research and identify payment discrepancies from various sources
• Develop investigator payment forecasts
• Develop and distribute consolidated monthly payments reports detailing the status of paid/unpaid invoices
• Review financial deliverables and analysis reports to assess performance and compliance with quality standards
• Prepare site budget performance analysis and reports to support cost control
• Support month-end closing and reporting cycle
• Support financial audits and inspections
• May assist in training and mentoring of other Clinical Operations personnel, providing leadership oversight and motivation
• Identify and escalate project and quality issues; supports corrective/preventive actions as required
• Participate in the implementation of departmental Objectives and Key Results (OKRs); recommend process improvements and initiatives to enhance operations
• Other related duties, as assigned

QUALIFICATIONS/KNOWLEDGE:

• Bachelor’s degree from an accredited college or university, preferably in a related field (Business Administration/Finance/Accounting), or a Commercial Diploma with further education in accountancy required
• Advanced degree and/or relevant financial certifications preferred
• Minimum of 4 years relevant experience in business/finance/accounting required
• Clinical research experience in a pharmaceutical, biotechnology, or CRO environment required
• Knowledge of the pharmaceutical/device commercialization process, including clinical trials for human subjects
• Demonstrated experience in financial/payment processing systems/accounting software preferred, i.e. SAP
• Strong understanding of accounting concepts
• Advanced computer skills, including proficiency in MS Office (Word, Excel, PowerPoint, Outlook)
• Strong organizational skills with strong attention to detail, precision, and accuracy
• Strong ability to manage and prioritize multiple tasks simultaneously, proactively problem-solve, and manage competing priorities and deadlines
• Excellent verbal and written communication skills, providing clear, concise, timely, and relevant information
• Strong interpersonal skills with the ability to communicate and interact competently and professionally at all levels within a global cross-functional environment, while aware of cultural diversity
• Ability to work well in a team as well as independently with limited oversight; is self-motivated and results-driven
• Strong ability to analyze and interpret data and prepare evaluative summary reports

OTHER:

• Ability to lift up to 20 pounds (9 kg)
• Fluent in English; excellent English verbal and written communication skills

Additional languages preferred

ABOUT NOVOCURE:

Our vision

Patient-forward: aspiring to make a difference in cancer.

Our patient-forward mission

Together with our patients, we strive to extend survival in some of the most aggressive forms of cancer by developing and commercializing our innovative therapy.

Our patient-forward values

– innovation

– focus

– drive

– courage

– trust

– empathy