Collections Specialist - Hybrid

Position Description: We're looking for those individuals-the creative thinkers and innovation seekers-who are content with nothing short of changing the world. Discover the endless opportunities within the Medical College of Wisconsin (MCW) and be inspired by the work we can do together to improve health, and make a positive, daily impact in our communities. In the role ofa Financial Specialist you will beworking in the Cancer Center. Purpose Responsible for all billing and collection for an assigned clinical trial portfolio. Track and manage all Clinical Trial Office (CTO) held study expenses and revenue, including external client billing, and associated receivables. Perform financial and business-related analysis of active clinical trials. Prepare monthly and quarterly financial reports and monitor daily financials of clinical trial research/grant accounts. Primary Functions Serves as financial contact to Froedtert Hospital Office of Clinical Research and Innovative Care Compliance (OCRICC), MCW Sponsored Programs staff, clinical research managers and coordinators, and Sponsor representatives related to clinical trial finances to identify, track, approve and resolve billing issues related to conduct of clinical research. Monitors clinical trial-related expenses to ensure within the approved study budget and identifies billable items of the clinical trial agreement for appropriate billing of the trial Sponsor and recovery of associated revenue. Assists CTO Financial Analyst and CC Business Manager with financial management of clinical trials identifying mechanisms to maximize reimbursement of clinical trial expenses. Actively manage and pursue collection of all aged receivables for the assigned portfolio. Assist with clinical trial account close-out process by ensuring all billable items have been invoiced. Train and work with Finance Team to effectively implement OnCore Financials into the operational management of the clinical trials office, including but not limited to, final financial builds and associated Sponsor billing management. Assist in special projects as needed and perform other duties as assigned. Knowledge - Skills - Abilities Knowledge of accounting, economics, mathematics, administration, English language, law, government, and human resources.Work requires resource management, mathematics, problem solving, coordinating work activities, critical thinking, systems analysis, operations analysis, time management, writing, active listening, and active learning skills. Speech clarity, speech recognition, finger dexterity, and wrist-finger speed while operating computers abilities required. #LI-AV1 Preferred Schedule: Monday - Friday 8:00-5:00 Position Requirements: Specifications Appropriate experience may be substituted for education on an equivalent basis Minimum Required Education: Bachelor's degree. Minimum Required Experience: 1 year of experience related to collections and/or financial administration. Preferred Education: Bachelor's degree in Finance, Accounting or Healthcare-related field Preferred Experience: One year or more of financial management and/or contracting. Ability to interpret technical information, legal documents, and data (clinical trial agreements, protocols, financial analysis, etc.). Experience working in multiple custom software platforms simultaneously. Field: Collections / Finance Why MCW? Outstanding Healthcare Coverage, including but not limited to Health, Vision, and Dental. Along with Flexible Spending options 403B Retirement Package Competitive Vacation and Paid Holidays offered Tuition Reimbursement Paid Parental Leave Pet Insurance On campus Fitness Facility, offering onsite classes. Additional discounted rates on items such as: Select cell phone plans, local fitness facilities, Milwaukee recreation and entertainment etc. For a full list of positions see: For a brief overview of our benefits see: Eastern Wisconsin is a vibrant, diverse metropolitan area. MCW is intent on attracting, developing, and retaining a diverse workforce and faculty body that reflects the community we serve. We value diversity of backgrounds, experience, thought, and perspectives to advance excellence in science and medicine. MCW is a welcoming campus community with a strong culture of collaboration, partnership, and engagement with our surrounding community . For more information, please visit our institutional website at MCW as an Equal Opportunity Employer and Commitment to Non-Discrimination The Medical College of Wisconsin (MCW) is an Equal Opportunity Employer. We are committed to fostering a diverse community of outstanding faculty, staff, and students, as well as ensuring equal educational opportunity, employment, and access to services, programs, and activities, without regard to an individual's race, color, national origin, religion, age, disability, sex, gender identity/expression, sexual orientation, marital status, pregnancy, predisposing genetic characteristic, or military status. Employees, students, applicants or other members of the MCW community (including but not limited to vendors, visitors, and guests) may not be subjected to harassment that is prohibited by law or treated adversely or retaliated against based upon a protected characteristic. .

Created: 2024-11-05