Financial Analyst @ Loyola University Chicago

Edtech.com's Summary

Loyola University Chicago is hiring a Financial Analyst to manage the full financial lifecycle of oncology clinical trials, overseeing both pre-award budgeting and post-award accounting. The role involves developing study budgets, negotiating terms with sponsors, ensuring regulatory compliance, tracking invoicing and payments, and generating financial reports to support clinical trial operations.

Highlights

Manage financial lifecycle of oncology clinical trials, including budgeting, invoicing, and account reconciliation.
Review coverage analyses and study protocols to ensure inclusion of required procedures.
Build and negotiate comprehensive budgets for industry, federal, and non-profit studies.
Collaborate with clinical trial office leaders, principal investigators, and medical center staff for budget alignment and compliance.
Track patient enrollments to trigger accurate sponsor invoicing and manage receivables.
Coordinate clinical trial documentation such as proposals, agreements, and amendments.
Bachelor’s degree in Finance, Accounting, Business, or Healthcare Administration required with 2+ years financial analysis experience.
Proficiency in Microsoft Office Suite, especially advanced Microsoft Excel skills.
Knowledge of clinical trial billing compliance, Medicare Coverage Analysis, and medical billing codes preferred.
Annual salary range $65,000 to $70,000.

Financial Analyst Full Description

Employment Opportunities Designed to Help Us Collaborate in Creation!

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Financial Analyst Thank you for your interest in Loyola University Chicago. To view open positions, please enter your search criteria below. You may view all open positions by not specifying any search criteria and selecting the "Search" button. Bookmark this Posting Print Preview | Apply for this Job

Please see Special Instructions for more details.

As a Jesuit, Catholic institution of higher education, we seek candidates who will contribute to our strategic plan to deliver a Transformative Education in the Jesuit tradition. To learn more about Loyola University Chicago’s mission, candidates should consult our website at www.luc.edu/mission/. For information about the university’s focus on transformative education, they should consult our website at www.luc.edu/transformativeed.

Position Details

Job Title	Financial Analyst
Position Number	8150652
Work Modality	Fully In-Person
Is this request for the creation of a new Position (or the modification of an existing Position) to temporarily support the WorkDay ERP?	No
Job Category	University Staff
Job Type	Full-Time
FLSA Status	Exempt
Campus	Maywood-Health Sciences Campus
Department Name	CBCC RESEARCH
Location Code	CBCC RESEARCH (06310A)
Is this split and/or fully grant funded?	No
Duties and Responsibilities	Job Summary: The Financial Analyst manages the complete financial lifecycle of oncology clinical trials. This university position handles both pre-award budgeting and post-award accounting. The role ensures compliance with federal, institutional, and industry sponsor regulations. Duties and Responsibilities: Pre-Award Duties Review coverage analyses and study protocols to ensure required procedures and schedules are included. Build comprehensive budgets for industry, federal, and non-profit studies and amendments. Negotiate financial terms with pharmaceutical sponsors to maximize cost recovery. Collaborate with CCTO leaders, principal investigators and study staff to align budgets with clinical operational workflows. Collaborate with medical center colleagues to ensure cost coverage and billing designations/compliance. Review financial and payment terms in clinical trial agreements. Perform final study budget review/QC during contract execution phase. Refine departmental processes to ensure compliance and efficiency and maximize cost recovery. Coordinate document preparation, review and filing of clinical trial proposals, agreements, budgets, CAs, amendments, etc. Post-Award Duties Establish unique fund accounts within the university financial system. Upload executed study budgets into Clinical Trial Management System. Prepare and submit study start-up invoices and all other sponsor invoices as defined in the clinical trials agreement. Track invoices and receivables. Track patient enrollments to trigger accurate sponsor invoicing. Process deposits on a weekly basis, reconcile monthly ledgers to ensure payments are received and recorded appropriately. Process research-related invoices for patient care, laboratory, pharmacy, imaging services and others as required. Conduct final closeouts of accounts upon study completion, including review of study activity and clinical trial agreement to ensure all costs have been invoiced and paid. Monitor financial and other metrics associated with position, produce monthly reports for CCTO leadership. Other duties as assigned.
Minimum Education and/or Work Experience	Education: Bachelor’s degree in Finance, Accounting, Business or Healthcare Administration Experience: 2+ years of financial analysis experience
Qualifications	Preferred Qualifications: Possess strong analytical and mathematical skills, attention to details and organizational ability. Computer literate with working knowledge of software applications (word processing, spreadsheet and database), especially of clinical trials budget spreadsheets. Familiarity with Medicare Coverage Analysis (MCA) guidelines, medical billing codes. Demonstrated knowledge of Clinical Trial billing compliance and pre- and post-award activities. Understanding of the expectations and requirements of external and internal auditing. Effective verbal, written and interpersonal communication skills. Demonstrate diplomacy, tact and professional demeanor. Ability to relate to diverse age and demographic backgrounds.
Certificates/Credentials/Licenses	N/A
Computer Skills	Proficiency in all Microsoft Office suite of programs. Advanced skills in Microsoft Excel required.
Supervisory Responsibilities	No
Required operation of university owned vehicles	No
Does this position require direct animal or patient contact?	No
Physical Demands	None
Working Conditions	None
Open Date	09/02/2026
Close Date
Position Maximum Salary or Hourly Rate	$70,000/ann
Position Minimum Salary or Hourly Rate	$65,000/ann
Special Instructions to Applicants	As a Jesuit, Catholic institution of higher education, we seek candidates who will contribute to our strategic plan to deliver a Transformative Education in the Jesuit tradition. To learn more about Loyola University Chicago’s mission, candidates should consult our website at www.luc.edu/mission/. For information about the university’s focus on transformative education, they should consult our website at www.luc.edu/transformativeed.
About Loyola University Chicago	Founded in 1870, Loyola University Chicago is one of the nation’s largest Jesuit, Catholic universities, recognized for its academic excellence, commitment to community engagement, and leadership in sustainability. A Carnegie R1 research institution, Loyola leverages its status as one of an elite group of universities with the highest level of research activity to advance knowledge that serves communities and creates global impact. With 15 schools, colleges, and institutes—including Business, Law, Medicine, Nursing, and Health Sciences—Loyola operates three primary campuses in the greater Chicago area and one in Rome, Italy, that provide students a transformative, globally connected learning experience. Consistently ranked among the nation’s top universities by U.S. News & World Report, Loyola is a STARS Gold-rated institution that is ranked as one of the country’s most sustainable campuses by The Princeton Review and has earned distinctions from AmeriCorps and the Carnegie Foundation for its longstanding record of service and community engagement. Guided by its Jesuit mission and commitment to caring for the whole person, Loyola educates ethical leaders who think critically, act with purpose, and strive to create a more just and sustainable world. Loyola University Chicago strives to be an employer of choice by offering its staff and faculty a wide array of affordable, comprehensive, and competitive benefits. To view our benefits in detail, click here. Loyola adheres to all applicable federal, state, and/or local civil rights laws and regulations prohibiting discrimination in private institutions of higher education. Please see the University’s Nondiscrimination Policy.
Quick Link for Posting	https://www.careers.luc.edu/postings/35741

Supplemental Questions

Required fields are indicated with an asterisk (*).

* Do you have a bachelor’s degree in Finance, Accounting, Business, Healthcare Administration, or a closely related field?
- Yes
- No
* Do you have at least two years of professional experience in financial analysis?
- Yes
- No
* Why do you want to work for Loyola University Chicago?
(Open Ended Question)
* How did you hear about this employment opportunity?
- Public Job Posting
- Internal Job Posting
- Agency Referral
- Advertisement/Publication
- Personal Referral
- Website
- Other
* How do your personal values align with Loyola University Chicago's mission and values?
(Open Ended Question)

Applicant Documents

Required Documents

Resume
Cover Letter/Letter of Application

Optional Documents

Loyola University Chicago | Information: (773) 508 - 6000
1032 W Sheridan Rd | Chicago, IL | 60660
2018 (c) Loyola University Chicago | University Policies

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Original Job Description

Employment Opportunities Designed to Help Us Collaborate in Creation!

Toggle navigation

Please see Special Instructions for more details.

Position Details

Job Title	Financial Analyst
Position Number	8150652
Work Modality	Fully In-Person
Is this request for the creation of a new Position (or the modification of an existing Position) to temporarily support the WorkDay ERP?	No
Job Category	University Staff
Job Type	Full-Time
FLSA Status	Exempt
Campus	Maywood-Health Sciences Campus
Department Name	CBCC RESEARCH
Location Code	CBCC RESEARCH (06310A)
Is this split and/or fully grant funded?	No
Duties and Responsibilities	Job Summary: The Financial Analyst manages the complete financial lifecycle of oncology clinical trials. This university position handles both pre-award budgeting and post-award accounting. The role ensures compliance with federal, institutional, and industry sponsor regulations. Duties and Responsibilities: Pre-Award Duties Review coverage analyses and study protocols to ensure required procedures and schedules are included. Build comprehensive budgets for industry, federal, and non-profit studies and amendments. Negotiate financial terms with pharmaceutical sponsors to maximize cost recovery. Collaborate with CCTO leaders, principal investigators and study staff to align budgets with clinical operational workflows. Collaborate with medical center colleagues to ensure cost coverage and billing designations/compliance. Review financial and payment terms in clinical trial agreements. Perform final study budget review/QC during contract execution phase. Refine departmental processes to ensure compliance and efficiency and maximize cost recovery. Coordinate document preparation, review and filing of clinical trial proposals, agreements, budgets, CAs, amendments, etc. Post-Award Duties Establish unique fund accounts within the university financial system. Upload executed study budgets into Clinical Trial Management System. Prepare and submit study start-up invoices and all other sponsor invoices as defined in the clinical trials agreement. Track invoices and receivables. Track patient enrollments to trigger accurate sponsor invoicing. Process deposits on a weekly basis, reconcile monthly ledgers to ensure payments are received and recorded appropriately. Process research-related invoices for patient care, laboratory, pharmacy, imaging services and others as required. Conduct final closeouts of accounts upon study completion, including review of study activity and clinical trial agreement to ensure all costs have been invoiced and paid. Monitor financial and other metrics associated with position, produce monthly reports for CCTO leadership. Other duties as assigned.
Minimum Education and/or Work Experience	Education: Bachelor’s degree in Finance, Accounting, Business or Healthcare Administration Experience: 2+ years of financial analysis experience
Qualifications	Preferred Qualifications: Possess strong analytical and mathematical skills, attention to details and organizational ability. Computer literate with working knowledge of software applications (word processing, spreadsheet and database), especially of clinical trials budget spreadsheets. Familiarity with Medicare Coverage Analysis (MCA) guidelines, medical billing codes. Demonstrated knowledge of Clinical Trial billing compliance and pre- and post-award activities. Understanding of the expectations and requirements of external and internal auditing. Effective verbal, written and interpersonal communication skills. Demonstrate diplomacy, tact and professional demeanor. Ability to relate to diverse age and demographic backgrounds.
Certificates/Credentials/Licenses	N/A
Computer Skills	Proficiency in all Microsoft Office suite of programs. Advanced skills in Microsoft Excel required.
Supervisory Responsibilities	No
Required operation of university owned vehicles	No
Does this position require direct animal or patient contact?	No
Physical Demands	None
Working Conditions	None
Open Date	09/02/2026
Close Date
Position Maximum Salary or Hourly Rate	$70,000/ann
Position Minimum Salary or Hourly Rate	$65,000/ann
Special Instructions to Applicants	As a Jesuit, Catholic institution of higher education, we seek candidates who will contribute to our strategic plan to deliver a Transformative Education in the Jesuit tradition. To learn more about Loyola University Chicago’s mission, candidates should consult our website at www.luc.edu/mission/. For information about the university’s focus on transformative education, they should consult our website at www.luc.edu/transformativeed.
About Loyola University Chicago	Founded in 1870, Loyola University Chicago is one of the nation’s largest Jesuit, Catholic universities, recognized for its academic excellence, commitment to community engagement, and leadership in sustainability. A Carnegie R1 research institution, Loyola leverages its status as one of an elite group of universities with the highest level of research activity to advance knowledge that serves communities and creates global impact. With 15 schools, colleges, and institutes—including Business, Law, Medicine, Nursing, and Health Sciences—Loyola operates three primary campuses in the greater Chicago area and one in Rome, Italy, that provide students a transformative, globally connected learning experience. Consistently ranked among the nation’s top universities by U.S. News & World Report, Loyola is a STARS Gold-rated institution that is ranked as one of the country’s most sustainable campuses by The Princeton Review and has earned distinctions from AmeriCorps and the Carnegie Foundation for its longstanding record of service and community engagement. Guided by its Jesuit mission and commitment to caring for the whole person, Loyola educates ethical leaders who think critically, act with purpose, and strive to create a more just and sustainable world. Loyola University Chicago strives to be an employer of choice by offering its staff and faculty a wide array of affordable, comprehensive, and competitive benefits. To view our benefits in detail, click here. Loyola adheres to all applicable federal, state, and/or local civil rights laws and regulations prohibiting discrimination in private institutions of higher education. Please see the University’s Nondiscrimination Policy.
Quick Link for Posting	https://www.careers.luc.edu/postings/35741

Supplemental Questions

Required fields are indicated with an asterisk (*).

* Do you have a bachelor’s degree in Finance, Accounting, Business, Healthcare Administration, or a closely related field?
- Yes
- No
* Do you have at least two years of professional experience in financial analysis?
- Yes
- No
* Why do you want to work for Loyola University Chicago?
(Open Ended Question)
* How did you hear about this employment opportunity?
- Public Job Posting
- Internal Job Posting
- Agency Referral
- Advertisement/Publication
- Personal Referral
- Website
- Other
* How do your personal values align with Loyola University Chicago's mission and values?
(Open Ended Question)

Applicant Documents

Required Documents

Resume
Cover Letter/Letter of Application

Optional Documents

Loyola University Chicago | Information: (773) 508 - 6000
1032 W Sheridan Rd | Chicago, IL | 60660
2018 (c) Loyola University Chicago | University Policies

Support LUC

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Any data not saved will be lost.

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Financial Analyst

Edtech.com's Summary

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