Budget Analyst III-Clin Rsrch

Boston Children’s Hospital; Boston (MA); On-site; USD 85,000 - 120,000; Full time

Job summary

Boston Children’s Hospital is seeking a Budget Analyst III, Clinical Research Budgeting, to provide budget analysis for clinical studies and assist with budget development and sponsor negotiations.

You will collect data, prepare presentations, and support senior leadership with reporting. Strong MS Office and Excel skills are required, with five years of clinical research budgeting experience preferred.

Qualifications

• Bachelor’s degree required; master’s preferred.
• Minimum 5 years of experience in clinical research settings (Academic Medical Center, CRO, or industry).
• Advanced knowledge of clinical trials, research management/administration, IRBs, and medical terminology.

Responsibilities

• Develops budgets for clinical research studies based on protocol requirements.
• Negotiates budgets with industry sponsors to cover protocol costs per Medicare rules.
• Serves as budgeting backup and resource for research projects.
• Resolves issues related to budgets, milestones, and protocol payments.
• Reviews payment terms to ensure institution requirements are met before contract execution.
• Provides training and mentoring to budgeting staff.
• Assists with data collection and preparations for presentations/reports to Senior Leadership.

Skills

Budgeting

Budget negotiation

Communication

Analytical thinking

Team collaboration

Education

Bachelor’s Degree

Master’s Degree preferred

Tools

Excel

Smartsheet

MS Office

Job description

Position Summary

Reporting to the Clinical Research Finance Manager, the Budget Analyst III, Clinical Research Budgeting provides budgetary analysis support for clinical research studies including assisting with budget development and sponsor negotiations. Assists with data collection, presentation preparation and report writing.

Key responsibilities

• An expert in developing clinical research budgets based on protocol requirements for industry and non-industry supported studies. Includes, but not limited to, assessing study feasibility and resource verification within the budget.
• Independently negotiates budgets with industry sponsors to ensure all protocol costs are covered in accordance with local and national Medicare regulations.
• Serves as the main budgeting backup and a resource for clinical research projects/studies.
• Resolves issues related to clinical research budgets, billing milestones and protocol related payments.
• Reviews payment terms and ensures all institution's payment requirements are met, prior to contract execution.
• Assists with training and mentoring clinical research budget analyst staff.
• Assists with the data collection and preparation for presentations and reports as requested by Senior Leadership.

Minimum qualifications

Education: Bachelor’s Degree required. Master’s preferred.

Experience:

• Min of 5 years of experience in clinical research setting at an Academic Medical Center, CRO or Industry.
• Advanced Knowledge working with or in clinical trials, clinical research management/administration, IRB’s and/or understanding of medical terminology
• Excellent written and effective oral communication skills including the ability to craft and present content for business plans.
• Strong interpersonal skills including the ability to work collaboratively as part of a team, to build trust, and to create an environment of shared accountability. Both with internal and external constituencies.
• Ability to work independently and within project teams, committees, to attain group goals.
• Advanced Proficiency with MS Office applications, in particular Excel and Smartsheet.
• Excellent organizational skills and has the ability to manage multiple tasks at one time.
• Demonstrated leadership capabilities including the ability to champion change; a genuine commitment to altruism, discovery, and service excellence.