Financial Analyst II - Innovations and Ventures

New
J
JobgetherHealthcare innovation
This is a remote position, but candidates must reside in Northeast Ohio and be able to attend onsite activities when required.Full-TimeMiddle
Salary not disclosed
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Job Details

Experience
Bachelor's degree in Business, Healthcare Administration, or a related field, plus at least 2 years of financial management, revenue cycle management, or general analytical experience; or high school diploma or GED plus at least 6 years of relevant experience; or associate degree plus at least 4 years; or master's degree plus at least 1 year; or completion of a Finance Fellowship with the hiring organization plus at least 1 year of relevant experience.
Required Skills
AccountingFinancial analysis

Requirements

  • Meet one of the following minimum qualification pathways: bachelor's degree in Business, Healthcare Administration, or a related field plus at least 2 years of relevant experience; high school diploma or GED plus at least 6 years; associate degree plus at least 4 years; master's degree plus at least 1 year; or completion of a Finance Fellowship with the hiring organization plus at least 1 year.
  • Analyze financial data and revenue information, evaluate transactions, and produce accurate reports.
  • Review agreements to identify payment obligations, revenue provisions, deadlines, and other financial terms.
  • Have familiarity with accounting, billing, invoicing, revenue administration, royalty accounting, licensing, contract administration, or other agreement-based financial processes.
  • Demonstrate accuracy in transaction processing, contractual review, distribution calculations, and financial recordkeeping.
  • Communicate financial findings and address questions while working with colleagues and management at different organizational levels.
  • Use analytical thinking and judgment to investigate discrepancies, resolve transaction issues, and recommend actions.
  • Work confidently with computers, office applications, financial systems, and specialized software, and learn new platforms as needed.
  • A bachelor's or master's degree is preferred.
  • CPA or CMA credentials are advantageous.
  • Previous experience reviewing contracts, licensing agreements, royalty arrangements, payment terms, or other legally binding financial documents is preferred.
  • Be available for a full-time daytime schedule, generally from 8:00 a.m. to 4:00 p.m.

Responsibilities

  • Analyze financial performance and communicate information to support management decisions, operational planning, and business initiative evaluation.
  • Prepare and process third-party licensee invoices according to contractual terms.
  • Review contracts and license agreements to identify revenue provisions, payment schedules, obligations, and collection terms.
  • Calculate and administer payments to eligible inventors under intellectual property policies and applicable distribution requirements.
  • Manage financial records and verify the accuracy of transactions, invoicing, payment processing, and revenue distributions.
  • Prepare and maintain reports on licensing revenue, invoicing, and inventor distributions.
  • Assist with budget preparation and reviews, compliance monitoring, financial planning, and forecasting.
  • Support management and colleagues with reporting questions, transaction issues, and financial analysis.
  • Consult with management and other departments on initiatives, financial information, and policies and procedures.
  • Conduct financial research, investigate discrepancies, resolve conflicts, and support special projects.
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