Financial Analyst

Posted 20 March 2024
Salary US$1 - US$32 per hour + Health Benefits, dental, vision, 401k match
LocationNorth Chicago
Job type Temporary
DisciplineLife Science Recruitment
Contact NameDanielle StGeorge

Job description

Financial Analyst

M-F (3days onsite-T, W, TR/2days remote-M&F



North Chicago, IL

The Financial Analyst will support payment processes for external consultant engagements. The role is responsible for the financial compliance reconciliation and review of payment requests as well as developing and maintaining necessary documentation according to departmental policies to meet quick turnarounds for payment requests.

The Financial Analyst will assist in the execution of the annual monitoring plan by conducting internal monitoring and other auditing assessments of compliance related activities. As part of a continuous improvement process, the position will assist in the identification and assessment of gaps in the internal processes to communicate any such gaps to upper management and support areas in the implementation of recommendations and action plans to close those gaps as well as to develop, maintain and monitor compliance to those action plans.

In addition, the role is responsible for capturing, reporting, analyzing and managing all required data related to the Sunshine Act reporting to the federal government as per internally established policies and procedures. This position is responsible for ensuring the company follows the most current federal regulations and laws pertinent to the reporting of payments made or value given to HCPs and HCOs.

Financial Analyst will perform financial review of payment requests, ensuring completeness and accuracy of documentation and ensure alignment to compliance requirements.

  • Possess a broad understanding of payment methods across the organization (e.g., PO, ACR, etc.)
  • Resolve payment and reporting issues.
  • Identify process improvement initiatives.
  • Ensure compliance with applicable Corporate and Divisional policies, processes, and procedures assisting the Compliance Operations Manager through the Finance and Ethics and Compliance function in supporting the execution of an effective compliance program for the PR Affiliate.
  • Perform the monthly generation of cash disbursements file to classify transactions into corresponding Sunshine Act/CIA categories as per corporate guidance and policies and select reportable transactions for the month.
  • Ensure coordination of back up requests with AP area to ensure documentation is reviewed when selecting reportable transactions.
  • Coordinate each month with the Third-Party Vendors ("TPV") the receipt of the TPV reportable data as per established deadlines. Also, coordinate and manage TPV Processes.
  • Maintain communication and coordination with MEI (Meetings events international) or selected vendor and PPD as it pertains to MEI data and processes for reporting PR transactions as well as to flag any issues in the usage of this TPV.
  • Monthly data entry of all reportable transactions into the Expense Manager tool (EM) from the various sources: A/P system, TPV reports, and Manpower transactions if any.
  • Work with data review and correction for requests sent by Financial Compliance Team.
  • Maintain constant and open communication with the following areas: Sales/Commercial Area and OEC areas, Corporate OEC and Area Finance.
  • Support other team members, as necessary.
  • Secures financial information by keeping information confidential.
  • Complete monitoring of compliance training processes and communicate gaps on a timely manner to functional area responsible for training so as to support compliance with training targets.
  • Maintain tracking and distribution of controlled documentation.
  • Documents and evaluates company processes according to compliance monitoring procedures for transactions being monitored.
  • Ensures all monitoring procedures and activities are carried out and documented in accordance with Standard Operating procedures and policies as defined by the Company.

This position will not have budgetary responsibility.

Financial Analyst Educational Requirements

  • Bachelor's degree in accounting or finance. Master's degree or CPA preferred.
  • Proficient PC software (Microsoft) and various database applications (Lotus Notes/Web applications)
  • Excellent verbal and written communication and presentation skills in both English and Spanish
  • One to three years' experience in Accounting/Finance
  • Reporting experience and documentation of findings.
  • Knowledge of Transparency/Sunshine Act regulations and related federal government rules preferred.
  • Ability to be flexible and quickly adapt to changing business needs and processes.
  • Ability to solve problem proactively and creatively.

Our role in supporting diversity and inclusion
As an international workforce business, we are committed to sourcing personnel that reflects the diversity and values of our client base but also that of Orion Group. We welcome the wide range of experiences and viewpoints that potential workers bring to our business and our clients, including those based on nationality, gender, culture, educational and professional backgrounds, race, ethnicity, sexual orientation, gender identity and expression, disability, and age differences, job classification and religion. In our inclusive workplace, regardless of your employment status as staff or contract, everyone is assured the right of equitable, fair and respectful treatment.