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: Make a real impact in clinical research while collaborating with diverse teams.
- Qualifications: Bachelor’s degree in Finance or related field and 3-5 years of relevant experience.
The predicted salary is between 68000 - 85000 £ 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 Senior 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
- Own day-to-day accounts receivable operations for sponsor-funded studies and internal sites, ensuring accurate tracking of balances and timely collections.
- Monitor and reconcile study-level balances and payment activity, proactively identifying discrepancies and driving resolution with internal and external stakeholders.
- 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.
- Serve as a key point of contact for sponsors and CROs regarding billing inquiries, payment status, and outstanding balances.
- Analyze AR aging and payment trends, escalating risks and recommending actions to improve collections and cash flow.
- Assist in preparing AR aging schedules, financial summaries, and operational reporting for finance leadership.
- Support internal audits, financial reviews, and documentation related to accounts receivable and billing activities.
- Collaborate cross-functionally with Clinical Operations, Site Finance, and Accounting teams to clarify billing terms, milestone triggers, and contract deliverables.
- Identify opportunities to improve AR workflows, reporting, and system utilization to increase efficiency and financial transparency.
- Contribute to finance process documentation and help implement best practices across the organization.
Required Qualifications
- Bachelor’s degree in Finance, Accounting, Business, or a related field (or equivalent practical experience).
- 3–5+ years of experience in accounts receivable, billing operations, or finance within a complex or multi-entity environment.
- Strong proficiency in Microsoft Excel, including data analysis, reconciliation, and financial reporting.
- Demonstrated ability to manage multiple priorities while maintaining strong attention to detail and accuracy.
- Strong communication skills with the ability to work effectively with internal stakeholders and external partners.
- Proven ability to independently manage operational finance processes and resolve issues proactively.
Preferred Qualifications
- Experience with RealTime CTMS or similar clinical trial management and billing systems.
- Background in healthcare, clinical research, or clinical trial finance.
- Familiarity with clinical trial billing structures, sponsor contracts, and study-level financial reconciliation.
- Experience working in high-growth or multi-site organizations.
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.
Senior 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.
