Site Payment Reconciliation Analyst I

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2 Locations
Remote
Pharmaceutical
The Role

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 Site Payment Reconciliation Analyst I is essential in maintaining financial accuracy and compliance within clinical trial operations. This role is responsible for performing comprehensive reconciliations of site payments, ensuring alignment between clinical data, financial records, and the Oracle Finance System. The position plays a key part in preserving the integrity of payment processes throughout the clinical study lifecycle.

Key Responsibilities:

  • Conduct regular and methodical reconciliations of site payments, cross-referencing clinical data, financial records, and contractual agreements.

  • Support the implementation of quarterly reconciliation processes to identify and address discrepancies proactively.

  • Work collaboratively with cross-functional teams, including Clinical Operations, Finance, and Data Management, to resolve payment inconsistencies.

  • Learn and apply reconciliation tools and techniques to enhance process efficiency.

  • Assist in analyzing reconciliation data to recognize patterns, potential risks, and areas for process improvement.

  • Help prepare detailed reconciliation reports and contribute to presentations for stakeholders, including suggestions for corrective measures.

  • Adhere to financial regulations, company policies, and standard operating procedures related to site payments.

  • Support the development and refinement of reconciliation methodologies and best practices.

  • Participate in the transition and mapping of studies from legacy systems to new payment platforms under supervision.

  • Contribute ideas for the continuous improvement of reconciliation processes, including the adoption of new technologies and automation where appropriate.

Required Qualifications:

  • Degree in finance, Accounting, Business Administration, or a related field

  • 0-2 years of experience in financial reconciliation, preferably in a clinical research setting

  • Proficiency in Microsoft Excel and familiarity with financial systems

  • Basic understanding of clinical trial processes

  • Strong attention to detail and analytical skills

  • Ability to work effectively in a team environment

  • Good communication skills, both written and verbal

This entry-level role is ideal for a detail-oriented individual with a foundational understanding of financial systems and an interest in clinical trial processes. The Site Payment Reconciliation Analyst I will play a supporting role in maintaining financial integrity, improving operational efficiency, and contributing to the overall success of clinical trials. This position offers an excellent opportunity for professional growth and development within the clinical research industry.

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.

  • 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.
  • 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.
  • 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.

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The Company
HQ: Durham, North Carolina
20,524 Employees

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.

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