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 II plays a vital role in ensuring financial accuracy, compliance, and operational excellence within clinical trial operations. This position is responsible for executing complex reconciliations of site payments, harmonizing financial records with clinical data and the Oracle Finance System, and maintaining the integrity of payment processes throughout the lifecycle of clinical studies.
Key Responsibilities:
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Execute and oversee comprehensive, systematic reconciliations of site payments against clinical data, financial records, and contractual agreements.
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Lead the implementation and management of quarterly reconciliation processes, proactively identifying and resolving discrepancies.
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Serve as a key liaison with cross-functional teams, including Clinical Operations, Finance, and Data Management, to investigate and resolve complex payment inconsistencies.
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Leverage and optimize advanced reconciliation tools and techniques to enhance process efficiency and accuracy.
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Conduct in-depth analysis of reconciliation data to identify trends, assess potential risks, and propose opportunities for process improvement.
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Develop and present detailed reconciliation reports to stakeholders, including evidence-based recommendations for corrective actions.
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Ensure strict adherence to financial regulations, company policies, and standard operating procedures related to site payments, and guide junior team members in compliance matters.
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Actively contribute to the development and refinement of reconciliation methodologies and best practices, taking a leadership role in process innovation.
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Assist in the transition and mapping of studies from legacy systems to new payment platforms, ensuring data integrity and continuity.
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Drive continuous improvement initiatives for reconciliation processes, including researching and recommending new technologies and automation solutions.
Required Qualifications:
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Degree in Finance, Accounting, Business Administration, or a related field; Master's degree preferred
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3-5 years of experience in financial reconciliation, preferably in a clinical research setting
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Advanced proficiency in Microsoft Excel and experience with financial systems, particularly Oracle Finance System
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Comprehensive understanding of clinical trial processes and financial operations
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Strong analytical and problem-solving skills with attention to detail
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Excellent communication skills, both written and verbal, with the ability to present complex financial information to diverse audiences
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Demonstrated ability to work independently and lead small teams
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Experience in process improvement and change management
This mid-level role is crucial for maintaining financial integrity, enhancing operational efficiency, and supporting the overall success of clinical trials. The Site Payment Reconciliation Analyst II will be expected to take on complex reconciliation tasks, mentor junior team members, and contribute significantly to process improvements and strategic initiatives within the department.
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.
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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.
