Senior Budget Analyst

The University of Kansas Health System; Kansas City (MO); On-site; USD 70,000 - 105,000; Full time

Benefits offered by this job

Health insurance

Paid time off

Retirement plan

Job summary

The University of Kansas Health System is seeking a Senior Budget Analyst to manage budget development and negotiations for complex clinical trials at KU Cancer Center. You will help develop coverage analyses and train team members in budget processes.

This role requires strong experience with clinical trial budgets, Medicare guidelines, and FDA regulations, with a focus on accurate financial language and stakeholder alignment.

Qualifications

• 8 years of relevant experience.
• Knowledge and experience with Clinical Trial budgets and Coverage analysis.

Responsibilities

• Consult with principal investigators, project directors, regulatory leads and the clinical trial budget manager on budget development for new study submissions as well as budget updates resulting from protocol amendments or other changes in scope.
• Responsible for developing and updating coverage analysis and clinical trial budget for complex trials; ensure stakeholder review and agreement of draft budgets.
• Create in-kind budgets for underfunded trials to assist leadership in understanding the feasibility of a trial.
• Research new pharma companies to determine financial risk.
• Review and update financial language in Informed Consents pertaining to patient related costs on clinical studies, including studies that are assigned to contractors.
• Assist Senior Finance Director and Clinical Trial Budget Manager with development of policies, procedures and pricing when needed.
• Assist contractor Budget Analyst in getting information from outside departments.
• Consult with other KUMC stakeholders involved with clinical research financial administration, including: KUMCRI, KU Hospital, and the University of Kansas Cancer Center to determine appropriate costing and billing of services.
• Review and revise contract payment terms according to the University of Kansas Cancer Center standard payment term language. Conduct a final review of budget and payment terms included in contracts to ensure all agreed upon terms are incorporated.
• Input budget information into the Clinical Trial Management System (CRIS/Velos).
• Assist with training and mentoring Budget Analysts and Fiscal Analysts within the Finance department.

Skills

Attention to detail

Analytical

Problem-solving

Negotiation

Communication

Interpersonal

Time management

Multitasking

Tools

Microsoft Word

Excel

Access

Job description

Department:

SOM KC Cancer Center Clinical Trials

Finance

Position Title:

Senior Budget Analyst

Job Family Group:

Professional Staff

Job Description Summary:

The Senior Budget Analyst performs budget development and negotiation for complex trials with clinical research sponsors (pharmaceutical companies and contract research companies), as well as development of corresponding coverage analyses, for assigned clinical trials managed through The University of Kansas Cancer Center (KUCC) Clinical Trials Office. As a Senior Budget Analyst they will help train and mentor other team members.

The University of Kansas Cancer Center is the region’s only National Cancer Institute-designated comprehensive cancer center where patients gain access to the most promising therapies, cutting-edge clinical trials and world class research.

Job Description:

Job Duties Outlined:

• Consult with principal investigators, project directors, regulatory leads and the clinical trial budget manager on budget development for new study submissions as well as budget updates resulting from protocol amendments or other changes in scope.


• Responsible for developing and updating coverage analysis and clinical trial budget for complex trials; ensure stakeholder review and agreement of draft budgets.


• Create in-kind budgets for underfunded trials to assist leadership in understanding the feasibility of a trial before deciding to move forward with approval of a trial.


• Research new pharma companies to determine financial risk.


• Review and update financial language in Informed Consents pertaining to patient related costs on clinical studies, including studies that are assigned to contractors.


• Assist Senior Finance Director and Clinical Trial Budget Manager with development of policies, procedures and pricing when needed.


• Assist contractor Budget Analyst in getting information from outside departments.


• Consult with other KUMC stakeholders involved with clinical research financial administration, including: KUMCRI, KU Hospital, and the University of Kansas Cancer Center to determine appropriate costing and billing of services.


• Review and revise contract payment terms according to the University of Kansas Cancer Center standard payment term language. Conduct a final review of budget and payment terms included in contracts to ensure all agreed upon terms are incorporated.


• Input budget information into the Clinical Trial Management System (CRIS/Velos).


• Assist with training and mentoring Budget Analysts and Fiscal Analysts within the Finance department.

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:

Work Experience:

• 8 years of relevant experience. Education may be substituted for experience on a year for year basis.


• Knowledge and experience with Clinical Trial budgets and Coverage analysis.

Preferred Qualifications:

Work Experience :

• 4 years of clinical research budget development and negotiation experience.


• Experience applying knowledge of Medicare Coverage guidelines and FDA regulations relevant to drugs, devices, and biologics.

Certification:

• Professional research certification such as CCRP, ACRP or other clinical research certification.

Skills :

• Computer skills including Microsoft Word, Excel and Access applications.


• Attention to detail


• Analytical


• Problem-solving


• Multitasking


• Time management


• Interpersonal


• Communication


• Negotiation

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:

$70,200.00 - $105,300.00

Minimum

$70,200.00

Midpoint

$87,700.00

Maximum

$105,300.00