Manager of Finance: Clinical Research
About the job
- A bachelor's degree in finance, business, or a healthcare-related field is required.
- Three to five or more years of experience in clinical research operations, finance, or accounting is required.
- Strong understanding of clinical trials, Medicare regulations, generally accepted accounting principles, and accounting principles is required.
- Proficiency in Microsoft Excel, enterprise resource planning systems such as Oracle, and clinical trial management system software is required.
- Oversee the complete financial lifecycle of clinical trials and research grants, ensuring accuracy, compliance, and fiscal accountability across study activities.
- Lead budget development and sponsor negotiations, manage invoices and accounts receivable, and conduct ongoing financial monitoring and variance analysis.
- Train and develop research finance team members, and manage hiring, coaching, counseling, oversight, performance reviews, termination, and financial processes supporting day-to-day activities.
- Develop and revise policies and procedures to meet industry standards.
- Develop, negotiate, and finalize study budgets and clinical trial agreements with industry sponsors and contract research organizations.
- Generate invoices for study startup, milestones, per-patient visits, and administrative fees; reconcile payments and manage accounts receivable.
- Oversee personnel and workload distribution to ensure efficient allocation of staff time across core financial functions.
- Monitor study expenses, track project financial status against budgets, and process budget amendments.
- Ensure compliance with FDA regulations, International Council for Harmonisation Good Clinical Practice guidelines, and Medicare Coverage Analysis to prevent billing errors.
- Prepare monthly, quarterly, and annual budget-versus-actual financial reports for principal investigators and leadership.
- Use clinical trial management systems and financial systems to set up study budgets and calendars and track expenses.
- Forecast financial performance to support organizational goals.
- Act as a liaison between sponsors, researchers, and institutional finance teams.
- Identify and resolve payment discrepancies and audit findings.
- Ensure timely and accurate financial information useful to management.
- Develop and implement monthly variance review processes.
- Establish policies, procedures, and programs, including technology and automation, to support strategic and financial plans and effective organizational accounting practices and procedures.
- Direct the Medicare Coverage Analysis process to support compliant billing and align financial operations with FDA, institutional review board, Centers for Medicare & Medicaid Services, and institutional regulations.
- Partner with investigators, study teams, and administrative leaders to ensure proper revenue recognition, support study feasibility, and strengthen the financial integrity of the research portfolio.
- Ensure financial processes, documentation standards, and operational workflows align with research finance best practices across industry-sponsored, investigator-initiated, and grant-funded research.
About the company
Hoag is a nonprofit regional health care delivery system in Orange County, California, delivering comprehensive, personalized care through 1,800 physicians, 17 urgent care facilities, 12 health and wellness centers, and two hospitals. It operates seven institutes focused on cancer, digestive health, heart and vascular, neurosciences, spine, women’s health, and orthopedics (via Hoag Orthopedic Institute, including an orthopedic hospital and four ambulatory surgical centers). Hoag is the highest ranked hospital in Orange County by U.S. News & World Report and the only OC hospital listed in California’s Top 10, and it holds Magnet designation from the American Nurses Credentialing Center. Its model combines prevention, specialty care, surgery, and coordinated services to meet local health needs. Hoag’s goal is to provide world-class, accessible, patient-centered care that improves health outcomes for the communities it serves.
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Newport Beach, California
Founded
1952
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Simplify's Take
What believers are saying
- Sun Family Campus openings through September 2026 expand capacity and likely attract higher-acuity patients.
- Jack Sun's 2025 hire strengthens Hoag's advanced heart failure and complex cardiac surgery ambitions.
- Hoag's 2025-2026 trial participation in glioblastoma and breast surgery deepens specialist recruiting appeal.
What critics are saying
- Orange County's 27-case Thompson abuse litigation keeps Hoag tied to damaging discovery through 2026.
- The April 2026 meal-and-rest-break class action threatens wage penalties and reputation.
- If 2027 transplant approval stalls, Hoag loses momentum against UCLA and USC referral capture.
What makes Hoag unique
- Hoag opened California's first Philips LumiGuide vascular program in August 2026.
- Hoag's $1.2 billion Sun Family Campus opened in Irvine, adding 155 beds in 2026.
- Hoag recruited Aaron Ahearn in March 2026 to launch Orange County's first liver transplant program.
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Benefits
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Disability Insurance
- Health Savings Account/Flexible Spending Account
- Unlimited Paid Time Off
- Flexible Work Hours
- Remote Work Options
- Paid Vacation
- Paid Sick Leave
- Paid Holidays