Investigator Payment Analyst 2 at IQVIA

Warsaw, Masovian Voivodeship, Poland

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Clinical Research, PharmaceuticalsIndustries

Requirements

Experience with site payment vendor management or oversight
Demonstrated ability of holding vendor accountable for services in Statement of Work (SOW)
Solid understanding of Fair Market Value benchmarks and assessments
Ability to manage global payments and total study budget, with specific emphasis on Poland
Experience with other country-specific payment rules and regulations
Experience in supporting R&D as it relates to Clinical Trial business operations
Ability to track and report on invoice aging and outstanding payments on a real-time basis
Oversight of invoice and payment status
Financial Acumen: Ability to perform predictive analysis utilizing enterprise and/or departmental tools and systems to forecast anticipated expenses
Solid understanding of variance analysis relating to budget vs actuals under site budget Purchase Orders
Solid understanding of Clinical Trial site budgets, contractual payment terms in executed Clinical Trial agreements and how they translate to payments to sites

Responsibilities

Support the Clinical Business Operations department and all studies in the Site Payment portfolio
Partner closely with investigative sites, the Clinical Operations team, Investigator Contracts Management team, Budget Development team, and site payment vendors
Apply critical and analytical thinking to the administration of accurate and timely site payments
Manage study portfolio by planning, executing, and tracking of global clinical trial payments
Implement the SOW and Change Order process and project related cost, if applicable
Assess project performance to monitor the progress of projects, identify and quantify variances, perform required corrective actions and communicate to all stakeholders
Successfully work with 3rd party site payment vendor to resolve site payment discrepancies, historical payment issues, and monthly reporting requests
Track payments owed to clinical research sites in accordance with the negotiated unit price per the site’s Contract
Perform risk mitigation actions to proactively oversee invoice review, approval, and payments
Support management in identification of risks, develop mitigation strategies, alternative solutions, resolve issues, action item/follow up in collaboration with cross functional and/or matrix teams and present to IPM management
Alignment with internal functional partners on invoice and payment related discussions prior to communication with external partners and/or investigative sites
Maintain frequent and consistent communication with external partners and/or investigators and internal departments regarding payment activities during the study lifecycle
Perform predictive analysis utilizing enterprise and/or departmental tools and systems to forecast anticipated expenses

Skills

Key technologies and capabilities for this role

Vendor ManagementStatement of WorkFair Market ValueBudget ManagementInvoice TrackingPredictive AnalyticsVariance AnalysisClinical Trial AgreementsPayment OversightFinancial Forecasting

Questions & Answers

Common questions about this position

What is the salary for the Investigator Payment Analyst 2 position?

This information is not specified in the job description.

Is this role remote or onsite, and where is it located?

The position is onsite in Poland.

What key skills and experience are required for this role?

Required experience includes site payment vendor management or oversight, holding vendors accountable for Statement of Work (SOW) services, understanding Fair Market Value benchmarks, managing global payments with emphasis on Poland, and financial acumen for predictive analysis and variance analysis.

What teams will I be partnering with in this role?

The role partners closely with investigative sites, the Clinical Operations team, Investigator Contracts Management team, Budget Development team, and site payment vendors.

What makes a strong candidate for this Investigator Payment Analyst position?

Strong candidates will have experience in site payment vendor management, clinical trial budgets, global payment regulations especially for Poland, and financial analysis skills like variance analysis and forecasting.

IQVIA

Advanced analytics and clinical research services

About IQVIA

IQVIA provides advanced analytics, technology solutions, and clinical research services specifically for the life sciences industry. Their services utilize extensive data resources and technology to create connections within healthcare, allowing clients to gain insights that help speed up the development and marketing of new medical treatments. This process is facilitated by their IQVIA Connected Intelligence™ system, which offers quick and flexible insights. IQVIA stands out from competitors by focusing on patient privacy, employing various technologies to protect individual data. The company's goal is to enhance healthcare outcomes by supporting biotech, pharmaceutical, and medical device companies, as well as researchers and government agencies, in understanding diseases and advancing medical science.

Durham, North CarolinaHeadquarters

1998Year Founded

$3,526MTotal Funding

POST_IPO_EQUITYCompany Stage

Cybersecurity, Biotechnology, HealthcareIndustries

10,001+Employees

Risks

Rapid advancement of cancer vaccines may disrupt traditional clinical research models.

Proliferation of disparate technological solutions causes technology overload in clinical trials.

Generative AI technologies face challenges in adoption due to data privacy concerns.

Differentiation

IQVIA leverages advanced analytics and big data for life sciences solutions.

The company offers privacy-enhancing technologies to protect individual patient data.

IQVIA's AI Assistant provides rapid, actionable insights for healthcare and life sciences.

Upsides

Increased adoption of decentralized clinical trials enhances patient-centric study designs.

AI-driven drug discovery accelerates identification of potential drug candidates.

Expansion of telemedicine facilitates remote patient monitoring and data collection.

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