At a Glance
- Tasks: Manage accounts receivable for clinical studies and ensure timely collections.
- Company: Join a leading healthcare tech company transforming patient outcomes.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Dynamic work environment with a focus on diversity and inclusion.
- Why this job: Be part of a mission-driven team making a real impact in healthcare.
- Qualifications: Bachelor’s degree in Finance or related field and 2+ years in finance operations.
The predicted salary is between 60000 - 68000 £ per year.
Iterative Health is a healthcare technology and services company powering the acceleration of clinical research to transform patient outcomes. We built a leading performance-driven network of 100+ sites across the US, Europe, India, and Australia, conducting research directly in the communities where care is delivered across gastrointestinal, hepatology, obesity, and cardiology. By combining deep clinical trial expertise with cutting-edge AI, we connect sponsors' scientific ambitions with high-performing research teams that expedite and expand access to novel therapeutics for patients in need.
We are seeking a motivated and detail-oriented Clinical Research Finance Specialist to join our growing Finance team. This role partners closely with the Finance Manager to support end-to-end accounts receivable operations across sponsor-funded clinical studies and internal research sites. You will own core transactional AR workflows, including monitoring sponsor and site-level accounts, supporting timely collections, posting cash in RealTime CTMS, and assisting with invoicing as needed. This role requires close collaboration with internal teams, research sites, and sponsors and CROs to ensure accurate billing, timely cash application, and prompt resolution of outstanding balances. The ideal candidate thrives in a fast-paced clinical research environment and enjoys balancing hands-on execution with cross-functional collaboration and continuous process improvement.
Key Responsibilities- Support day-to-day accounts receivable operations, including monitoring sponsor and site-level balances and assisting with timely collections.
- Reconcile study-level balances and payment activity, identifying discrepancies and partnering with stakeholders to resolve issues.
- Accurately post cash receipts and payment details in RealTime CTMS and related financial systems.
- Prepare and issue invoices for study activities and services in coordination with sponsor communications and internal teams.
- Communicate professionally with sponsors and CROs regarding billing questions, payment status, and outstanding balances.
- Assist in the preparation of AR aging schedules, financial summaries, and internal reporting.
- Support audits and financial reviews related to accounts receivable and billing activity.
- Collaborate cross-functionally with Clinical Operations, Site Finance, and Accounting to clarify billing terms and deliverables.
- Contribute to ongoing process improvements to enhance AR efficiency, accuracy, and visibility.
- Provide general finance support as needed to ensure smooth AR operations.
- Bachelor’s degree in Finance, Accounting, Business, or a related field (or equivalent practical experience).
- 2+ years of experience in accounts receivable, billing, or finance operations.
- Strong proficiency in Microsoft Excel, including data analysis and reporting.
- High attention to detail with the ability to manage multiple priorities and deadlines.
- Excellent written and verbal communication skills, with a professional approach to external stakeholders.
- Experience with RealTime CTMS or similar clinical trial management and billing systems.
- Background in healthcare, clinical research, or multi-site organizations.
- Familiarity with sponsor contracts, clinical trial invoicing, or study-level financial reconciliation.
At Iterative Health, we’re actively working towards creating an environment that is representative of the diversity of patients our technology serves. We are focused on building an equitable and inclusive culture, and by extension, hiring process. If you require any accommodations to make the application process or interviewing experience more accessible to you, please contact CandidateAccommodations@iterative.health.
Clinical Research Finance Specialist in Cambridge employer: Iterative Health
At Iterative Health, we pride ourselves on being an exceptional employer that fosters a collaborative and mission-driven work culture. Our hybrid work environment allows for flexibility while ensuring in-office collaboration, and we offer comprehensive benefits including unlimited PTO, wellness support, and professional development stipends. With a strong focus on employee growth and a commitment to diversity and inclusion, we empower our team members to make a meaningful impact in transforming clinical research and patient outcomes.
StudySmarter Expert Advice🤫
We think this is how you could land Clinical Research Finance Specialist in Cambridge
✨Get Involved with Local Health Initiatives
Join local community health events or volunteer for organisations like public health agencies. This not only builds your experience but also helps you network with industry professionals who might know of openings at places like Iterative Health.
✨Tap into Professional Associations
Check out associations like the Institute of Healthcare Management. They often have job boards, networking events, and conferences that are perfect for connecting with potential employers in health sciences administration.
✨Stay Updated with Industry Trends
Follow health policy news and trends—being knowledgeable about the current landscape will not only help you in interviews but also make you stand out as a candidate. You can discuss recent developments and their implications when chatting with folks at Iterative Health.
✨Apply Through Our Website for Better Visibility
When you find roles that excite you, especially at places like Iterative Health, don’t forget to apply through our website. This can sometimes give you an edge by showing the employer you’re savvy and committed to finding the right fit.
We think you need these skills to ace Clinical Research Finance Specialist in Cambridge
Some tips for your application 🫡
Highlight Your Relevant Experience:When applying for a role in health sciences administration, it's super important to spotlight any relevant experience you have in healthcare settings. Whether you've worked in a hospital, a clinic, or any related environment, make sure to detail those roles in your CV – focusing on your responsibilities and achievements that align with the job at Iterative Health.
Showcase Your Administrative Skills:Administrative skills are key in this field, so don’t hold back! Make sure your CV reflects your proficiency in things like scheduling, data management, and compliance with health regulations. Mention specific software you’ve used, such as patient management systems, as this will demonstrate your hands-on abilities and readiness for the role at Iterative Health.
Craft a Meaningful Cover Letter:Your cover letter should reflect your passion for the health sciences field and your eagerness to contribute to Iterative Health. Share a bit about why you’re drawn to this sector, any impactful situations or challenges you’ve encountered, and how they’ve shaped your desire to work in health sciences administration. This personal touch can really set you apart!
Tailor Your Documents to the Job:Don't use a one-size-fits-all approach! Make sure your CV and cover letter are specifically tailored for this role. Highlight any certifications you have relevant to health administration, and ensure you clearly connect your previous roles to the skills needed for the full-time position at Iterative Health. This way, you're showing them you’ve done your homework and are genuinely interested in being a part of their team.
How to prepare for a job interview at Iterative Health
✨Showcase Your Administrative Skills
In health sciences administration, being organised is key. Make sure you can demonstrate your skills in managing schedules, paperwork, and data accurately. Be ready to discuss specific tools you've used, like electronic health record systems or scheduling software, and how they improved efficiency in your past experiences.
✨Know Your Regulations
Familiarity with healthcare regulations and compliance is crucial. Brush up on HIPAA, GDPR, or other relevant policies before your interview. We recommend preparing examples of how you've ensured compliance or handled sensitive information in past roles—this will show you're not just knowledgeable but also responsible.
✨Prepare for Scenario Questions
Interviews for administrative roles often involve scenario-based questions to assess your problem-solving skills. Practice responses to common situations you might face, such as dealing with a challenging patient or managing a sudden schedule change. This will not only demonstrate your ability to think on your feet but also highlight your interpersonal skills.
✨Align Your Goals with the Organisation
As a full-time candidate, employers will want to know how your long-term career goals align with their mission. Take some time to research Iterative Health’s values and be ready to tie your passion for health sciences administration into their objectives. Demonstrating enthusiasm and career alignment can be a game-changer in this competitive field!
