Clinical Trial Budget Analyst - Research Administration

University of Kansas Medical Center; Kansas City (KS); Hybrid; USD 58,000 - 86,000; Full time

Job summary

A leading healthcare institution is seeking a Clinical Trial Budget Analyst to oversee budget development and negotiations for clinical trials. The ideal candidate will exhibit excellent problem-solving and communication skills and will play a key role in interacting with pharmaceutical sponsors. This position offers a hybrid work arrangement, allowing a combination of remote and on-campus responsibilities.

Benefits

Health, dental, and vision insurance

Paid time off and holidays

Retirement program with employer contribution

Qualifications

• Experience in financial and payment term negotiation.
• Experience in a fast-paced, customer-focused environment.
• Three or more years of clinical research budget development experience preferred.

Responsibilities

• Develop and negotiate budgets for clinical trials with sponsors.
• Consult with stakeholders on internal budget development.
• Maintain relationships while negotiating budget terms.

Skills

Attention to detail

Analytical skills

Problem-solving skills

Communication skills

Negotiation skills

Education

Bachelor’s degree in business administration or related field

Tools

Microsoft Office Suite

Job description

Department:

RI Finance

Finance, Budgeting Development and Negotiation, Assistant Director

Position Title:

Clinical Trial Budget Analyst - Research Administration

Job Family Group:

Professional Staff

Job Description Summary:

The Clinical Trial Budget Analyst performs budget development and negotiation with clinical research sponsors (pharmaceutical companies and contract research organizations) for assigned clinical trials managed through the KUMC-RA University of Kansas Medical Center Research Administration. Ideal candidate needs to have strong attention to detail with excellent analytical and problem-solving skills.

Job Description:

Key Roles and Responsibilities:

• Consult with principal investigators, project directors, regulatory leads on internal budget development for new study submissions as well as budget updates resulting from protocol amendments or other changes in scope.
• Consult with other KUMC stakeholders involved with clinical research, including: KUMCRI, KU Hospital, and study team to determine appropriate costing and billing of services.
• Responsible for developing and updating clinical trial budget; ensure stakeholder review and agreement of internal draft budgets;
• Responsible for negotiating draft budgets with clinical trial sponsors in a way to build rapport while maintaining assertiveness and integrity.
• Review and negotiate contract language to ensure fair payment terms associated with study budgets, so need to apply excellent communication and negotiation skills.
• Input budget information into relevant systems and communicate.
• Promote a positive work environment that is maintained through open, professional and timely communication.
• Serve as resource to determine minimum budget necessary to cover costs for clinical trial studies
• Maintain a portfolio of budgets in different stages of negotiation with your assigned department
• This position will have a hybrid work arrangement. The work schedule will mostly be remote but may require to be on campus one day a week/month depending on the departmental needs.
• Perform other duties as assigned.
  
  

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. It is only a summary of the typical functions of the job, not an exhaustive list of all possible job responsibilities, tasks, duties, and assignments. Furthermore, job duties, responsibilities and activities may change at any time with or without notice.

Required Qualifications

Education: Bachelor’s degree or higher in business administration or related field.

Work Experience:

• Involvement in financial and payment term negotiation.
• Previous working knowledge and experience with Pharmaceutical, contract research organization or other like sponsors.
• Experience working as part of a team in a fast-paced, “customer-focused” environment.
• Computer experience using Microsoft Office Suite (Word, Excel, Access, database systems, etc.)
• Experience managing multiple tasks, setting priorities and meeting deadlines as evidenced by work history.
  
  

Preferred Qualifications

Certification: Professional certification as a clinical research professional or other related certification.

Work Experience:

• Three or more years of clinical research budget development and negotiation experience or study coordinator experience.
• Working knowledge of Medicare Coverage guidelines and FDA regulations relevant to drugs, devices, and biologics.
  
  

Required Documents:

• Resume/CV
• Cover Letter
  
  

Comprehensive Benefits Package:

Coverage begins on day one for health, dental, and vision insurance and includes health expense accounts with generous employer contributions if the employee participates in a qualifying health plan. Employer-paid life insurance, long-term disability insurance, and various additional voluntary insurance plans are available. Paid time off, including vacation and sick, begins accruing upon hire, plus ten paid holidays. One paid discretionary day is available after six months of employment, and paid time off for bereavement, jury duty, military service, and parental leave is available after 12 months of employment. A retirement program with a generous employer contribution and additional voluntary retirement programs (457 or 403b) are available. https://www.kumc.edu/human-resources/benefits.html

Employee Type:

Regular

Time Type:

Full time

Rate Type:

Salary

Compensation Statement:

The pay range listed for this position is determined by our compensation program using market data and salary benchmarking. A combination of factors is considered in making compensation decisions including, but not limited to, education, experience and training, qualifications relative to the requirements of the position, and funding. At the University of Kansas Medical Center, a reasonable estimate for the starting pay range will be the minimum to midpoint of the posted range, taking into account the combination of factors listed above.

Pay Range:

$58,656.00 - $86,000.00

Minimum

$58,656.00

Midpoint

$72,328.00

Maximum

$86,000.00