When our values align, there's no limit to what we can achieve.
At Parexel, we all share the same goal - to improve the world's health. From clinical trials to regulatory, consulting, and market access, every clinical development solution we provide is underpinned by something special - a deep conviction in what we do.
Each of us, no matter what we do at Parexel, contributes to the development of a therapy that ultimately will benefit a patient. We take our work personally, we do it with empathy and we're committed to making a difference.
The Clinical Finance Analyst II is responsible for Clinical financial and accounting processes, such as processing invoices and payments to investigators and vendors; reconciling payments with sites, vendors and corporate Finance; creating reports for corporate Finance and Development departments; and ensuring current insurance information and documentation is conveyed appropriately to the insurance broker.
Responsibilities:
Process approvals and payments for invoices submitted by sites/vendors; ensure payments are within contractual agreements.
Ensure appropriate coding processes are followed for efficiency and consistency.
Identify out of balance accounting records and reconcile with site/vendor/ Parexel and the finance department.
Communicate directly with the site and vendors to resolve invoice differences.
Conduct Quality Control process reviews and remediate as needed.
Maintain the clinical financial database.
Ensure documentation is maintained to support an audit trail in the accounting system.
Support the Clinical relationship with Finance.
Interface with Accounting for the close/reconciliation process.
Serve as the Clinical Finance representative for study teams.
Provide data for clinical trial forecasting and budgeting process.
Ensure current insurance information and documentation is conveyed appropriately to broker.
Anticipate clinical trial budget revisions due to out-of-scope services, enrollment delays, etc.
Process financial termination/closure of study sites.
Process monthly clinical dashboard.
Provide actual cost budget analysis.
Manage special projects as required.
Adhere to appropriate quality documents (e.g., SOPs, Training Guides), as applicable.
Qualifications
Four (4) or more years of financial experience including Accounts Payable and Accounts Receivable or related field in a biotech or Parexel, finance and or legal environment
Experience with a payment system and processes
Proficient in MS Office applications
Demonstrated detail-oriented skills
Demonstrated organizational and communication skills
Preferred
Bachelor’s degree in accounting or related financial discipline
Experience with financial analysis
Experience in biotech or Parexel finance environment
Knowledge of CFR and GCP ICH requirements, as well as European Clinical Trial Directive
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EEO Disclaimer
Parexel is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to legally protected status, which in the US includes race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
Skills Required
- Four or more years of financial experience including Accounts Payable and Accounts Receivable
- Experience with a payment system and processes
- Proficient in MS Office applications
- Demonstrated detail-oriented skills
- Demonstrated organizational and communication skills
Parexel Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Parexel and has not been reviewed or approved by Parexel.
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Healthcare Strength — Health coverage is described as comprehensive, including medical, dental, vision, HSA/FSA options, and company-paid disability insurance. Descriptions often portray the package as strong or “top notch,” adding meaningful value.
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Retirement Support — Retirement offerings include a 401(k) with company matching and, in some regions, generous pension contributions. Core financial protections are emphasized as a solid part of the total rewards.
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Leave & Time Off Breadth — Time-off programs include ample PTO or flexible/unlimited RTO alongside flexible schedules and remote/hybrid options. Work-life balance support from managers is highlighted as a practical advantage.
Parexel Insights
What We Do
Parexel is among the world’s largest clinical research organizations (CROs), providing the full range of Phase I to IV clinical development services to help life-saving treatments reach patients faster. Leveraging the breadth of our clinical, regulatory and therapeutic expertise, our team of more than 21,000 global professionals collaborates with biopharmaceutical leaders, emerging innovators and sites to design and deliver clinical trials with patients in mind, increasing access and participation to make clinical research a care option for anyone, anywhere. Our depth of industry knowledge and strong track record gained over the past 40 years is moving the industry forward and advancing clinical research in healthcare’s most complex areas, while our innovation ecosystem offers the best solutions to make every phase of the clinical trial process more efficient. With the people, insight and focus on operational excellence, we work With HeartTM every day to treat patients with dignity and continuously learn from their experiences, so every trial makes a difference. For more information, visit parexel.com. Community Guidelines Because Parexel’s social media channels are open to the general public and employees, we are not responsible for views expressed other than our own. However, we do not tolerate posts that are: • Abusive, harassing or threatening to others. • Defamatory, offensive, obscene, vulgar or depicting violence. • Hateful targeting by race/ethnicity, age, color, creed, religion, gender, sexual preference or orientation, nationality or political beliefs. • Sexually explicit or pornographic. • Fraudulent, deceptive, libelous, misleading or unlawful. • Referencing criminal or illegal activity. • Spamming. We reserve the right to remove any comments that do not adhere to our guidelines as well as report users who violate the rules of our page.
