At a Glance
- Tasks: Support financial processes for clinical trials and ensure accurate site payments.
- Company: Join a leading precision medicine Clinical Research Organisation focused on rare diseases and oncology.
- Benefits: Enjoy a supportive work environment, work-life balance, and opportunities for team development.
- Other info: Collaborative culture with minimal travel and excellent career growth potential.
- Why this job: Make a real impact in healthcare while developing your financial skills in a dynamic setting.
- Qualifications: University degree in business or finance; strong Excel and analytical skills required.
The predicted salary is between 36000 - 60000 £ per year.
Precision for Medicine is a precision medicine Clinical Research Organization. Precision’s uniquely integrated offering enables the science of precision medicine by combining novel clinical trial designs, industry-leading operational and medical experts, advanced biomarker and data analytics solutions, and a real passion for rare diseases and oncology, in addition to working across other therapeutic areas.
The Grants Associate position is designed to provide grant administration processing and financial support to the Finance Team and applicable project teams. The position requires the candidate to be detail oriented, analytical, customer facing with strong Excel skills and the ability to handle large volumes of confidential financial information in a fast-paced environment.
Essential functions of the job include but are not limited to:
- Serves as a financial member of the Project Team with the goal to contribute towards timely, efficient, and accurate preparation and tracking of site payments.
- Reviews the financial section of the Clinical Trial Agreement (CTA) in order to prepare the tracking workbook for site payments on a project-by-project and site-by-site basis.
- Responsible for maintaining the advance balance tracking on a project-by-project basis to ensure that sufficient prepaid funds are on-hand to make site payments.
- Work with the respective Project Directors and Project Managers in order to provide guidance on how to populate the site payment workbook to ensure visits eligible for payment are tracked and processed.
- Ensure that the investigator site payment workbook is financially calculating all fields correctly in order to facilitate accurate site payments.
- Prepare the site payment package for the Project Director/Project Manager review and approval.
- Communicate approved payments based upon the terms and conditions of the CTA within the Finance Department.
- Preparation of Aggregate Spend (Sunshine Act) Medicare/Medicaid (MMSE) reporting as applicable.
- Preparation of site payment reconciliations.
- Maintenance of the investigator grant dedicated mailbox.
- Ad hoc financial tasks and duties as assigned by the Senior Director of Operational Finance.
Qualifications:
- University Degree ideally in a business or finance related discipline and/or equivalent level of experience.
- Experience working for a CRO in a grants payment position.
- Experience with clinical trial payment processes.
- Exposure to investigator contracts and budgets.
- Strong analytical skills.
- Strong proficiency in Microsoft Excel.
- Excellent time management skills.
- Ability to drive and meet critical deadlines.
- Analyse, reconcile, and communicate financial results with all levels of project team, both internal and at the investigative sites.
- Excellent communication skills, both verbal and written.
- Extremely detail oriented and process driven.
- Travel will include attendance at mandatory Company Meetings 1-2 times per year. Any other travel will be minimal and optional.
Competencies:
- Strong knowledge of Excel.
- Resolves payment related issues and prioritises workload to meet deadlines with little support from management.
- Exhibits high self-motivation, and is able to work and plan independently as well as in a team environment.
- Motivates other members of the project team to meet financial timelines and project goals.
- Focuses on continuous improvement, including the ability to make proactive assessments on how to make processes more efficient and people more effective.
- Demonstrates an acceptable degree of professionalism, as evidenced by punctuality, ability to deliver on commitments, and positive interactions with customers and teammates, including good interpersonal skills.
- Communicates effectively both verbally and in written form in the English language in a professional, clear, and concise manner.
- Ability to handle large volumes of financial and confidential data in a highly organised manner.
- Possesses practical knowledge of IT tools and systems in use by the Finance Department for tasks applicable to grant administration.
We are a people focused CRO with a supportive and collaborative environment which promotes work life balance and encourages team development. Precision for Medicine has always believed that bringing the right people together makes a positive and important contribution to improving healthcare and value.
Investigator Grants Associate employer: Precision Medicine Group
Contact Detail:
Precision Medicine Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Investigator Grants Associate
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Show your passion for precision medicine and be ready to discuss how your skills align with their mission. We want to see that you’re genuinely interested!
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to refine your answers. Focus on articulating your experience with grants and financial processes clearly and confidently.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at Precision for Medicine.
We think you need these skills to ace Investigator Grants Associate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Investigator Grants Associate role. Highlight your experience in grant administration and financial support, and don’t forget to showcase your strong Excel skills!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about precision medicine and how your skills align with our needs. Keep it concise but impactful.
Showcase Your Attention to Detail: Since this role requires a keen eye for detail, make sure your application is free from typos and errors. A well-organised application reflects your ability to handle confidential financial information accurately.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
How to prepare for a job interview at Precision Medicine Group
✨Know Your Numbers
As a Grants Associate, you'll be dealing with financial data all the time. Brush up on your Excel skills and be ready to discuss how you've used them in past roles. Maybe even prepare a few examples of how you’ve handled large volumes of data or reconciled financial discrepancies.
✨Understand the Clinical Trial Landscape
Familiarise yourself with the clinical trial payment processes and the role of grants in this context. Being able to speak knowledgeably about how site payments work and the importance of accurate tracking will show that you're not just interested in the job, but also in the industry.
✨Show Off Your Detail Orientation
Precision is key in this role. Prepare to give examples of how your attention to detail has helped you avoid mistakes in financial reporting or project management. You might even want to bring along a checklist or a process map that you’ve created in the past to demonstrate your methodical approach.
✨Communicate Clearly and Confidently
Since you'll be working closely with project teams and external stakeholders, strong communication skills are a must. Practice articulating your thoughts clearly and concisely. Consider doing a mock interview with a friend where you explain complex financial concepts in simple terms.