Remote Position

[Remote] Financial Analyst II - Innovations and Ventures

๐ŸŒ Remote ยท United States ๐Ÿ’ผ Full-time

Note: The job is a remote job and is open to candidates in USA. Cleveland Clinic is hiring a Financial Analyst II to analyze financial operations and support executive decision-making, with a focus on innovation-related revenue. The role handles licensee invoicing, inventor distributions, financial reporting, and related accounting processes.

Responsibilities

  • Prepare, analyze, and communicate key financial information
  • Provide support to management and other staff members regarding financial reporting and related issues
  • Assist with budget preparation, budget review for compliance, and financial planning
  • Consult with all levels of management to provide decision support for initiatives, policies, and procedures
  • Perform special projects and duties related to research, forecasting, and conflict resolution as assigned
  • Prepare and process invoices for third-party licenses
  • Review license agreements to understand revenue terms
  • Interpret contract language to determine what is owed and when
  • Process payments and distributions to inventors employed by Cleveland Clinic
  • Support reporting related to licensing revenue and distributions
  • Manage detailed financial transactions accurately and consistently
  • Learn and use a specialized software platform used in technology transfer and innovations
  • Perform other duties as assigned

Skills

  • Bachelor's degree in Business, Health Care Administration or related field and two years of financial or revenue cycle management or general analytical experience
  • High School diploma/GED and six years of experience
  • Associate's degree and four years of experience
  • Master's degree and one year of experience
  • Cleveland Clinic Finance Fellow experience and one year of experience
  • Bachelor's or Master's degree
  • Certified Public Accountant (CPA) or Certified Management Account (CMA) certification
  • Contract-related experience
  • Background in finance, accounting, billing, invoicing, revenue administration, contract review, contract administration, royalty accounting, licensing, or other agreement-based financial work
  • Experience reviewing contracts, agreements, or payment terms
  • Strong analytical skills to interpret revenue terms in technical licensing agreements
  • Demonstrated reliability and accuracy in processing financial transactions

Benefits

  • A caregiver in this role works remotely from 8:00 a.m. -- 4:00 p.m.; candidates must reside in Northeast Ohio and be able to come onsite as needed.
  • Professional growth through a defined career ladder and expanded responsibilities that build upon core accounting skills within the department.

Company Overview

  • Cleveland Clinic is a non-profit medical center that combines clinical and hospital care with research and education. It is a sub-organization of Ashtabula Regional Medical Center. It was founded in 1921, and is headquartered in Cleveland, Ohio, USA, with a workforce of 10001+ employees. Its website is http://my.clevelandclinic.org.
  • Company H1B Sponsorship

  • Cleveland Clinic has a track record of offering H1B sponsorships, with 53 in 2026, 89 in 2025, 76 in 2024, 99 in 2023, 60 in 2022, 71 in 2021, 46 in 2020. Please note that this does not guarantee sponsorship for this specific role.
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