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Grant Payment Collector

Posted: April 18, 2024
Salary:US$34 - US$39 per hour
Location:California
Job type: Permanent
Discipline:Life Sciences
Reference:225738_1713480000
Work Location:Remote

Job description

  • Ensure that Sponsor/CRO is providing payment per the terms in the clinical trial agreements
  • Generate accurate and timely invoices for sponsors based on contractual agreements
  • Utilize systems and data to track achievement of clinical trial activities (visits, procedures, invoiceables items, etc)
  • Perform reconciliations of contractual activities against payments received to date to confirm outstanding balances
  • Track Sponsor/CRO transactions, compare Sponsor/CRO budget against invoices created in the system and reconcile Sponsor/CRO trackers against AR aging reports
  • Communicate with Sponsors and CROs to follow up on overdue payments, resolve billing disputes, and provide payment reminders
  • Review and analyze billing discrepancies, resolve issues, and implement preventive measures for future occurrences
  • Assist in the development and improvement of billing processes and systems to streamline operations
  • Identify and escalate potential collection issues to management, recommending appropriate actions to mitigate risk
  • Maintain accurate and up-to-date records of collections activities, customer interactions, and payment statuses

Skills:

  • 2 years working in collections for pharmaceuticals
  • Firm understanding of clinical trial agreements and budgets
  • Basic understanding of clinical trial protocols (eligibility criteria, study design, investigational products, SOPs, etc)
  • Experience with clinical trial tracking and invoicing systems (Excel, CRIO, Quickbooks, etc)
  • Bachelors degree