The Clinical Trial Budget Manager is responsible for assurance that clinical trial /site budget is of high quality, and allocations are within fair market values. This role is responsible for the development and maintenance of Sites Fee Framework as well as timely and accurate coordination, processing, monitoring, and administration of payments to sites according to budget and terms. The incumbent will be responsible for the support of management goals and objectives of the department.
Duties & Responsibilities
Ensures clinical trial site budget is of high quality and allocations are within fair market values (FMV); analyze protocol flowcharts to create costing, payment strategies, and budget estimates and negotiation prameters within FMV.
Drives development and maintenance of Site Fee Framework.
Sets up year-end accruals and developing plausibility checks.
Coordinates, processes, monitors and administers payments (invoice and visits) in accordance with agreed terms of Contracts and Budget Exhibits.
Sets up, closes, re-opens, and submits payments within all grants.
Effectively uses budget-specific and trial metrics and tools to report on, provide visibility into, and analyze performance and deliverables.
Maintains a focused continuous improvement culture by identifying and executing strategies and priorities to enable the Budget group to deliver value and enhance overall operational effectiveness.
Actively remains current with industry standards, trends, and competitive intelligence on budget best practices.
Interfaces across Medical, all TAs, Finance, Legal, and external parties e.g., investigators, site personnel, third party vendors.
Liaises within Clinical Trial Manager and TA Lead for review and approval of budget and payment decisions.
Supports Finance in reviewing any issues with payment execution based on agreed contract and ensuring matching of accrual statuses.
Liaises with Clinical Finance/Accounting Department, Legal Department (if needed) and the local Head of Clin Ops and/or Clinical Operations Management for approval of payment related decisions (e.g., standard payment frequency) and maintain proper documentation.
Partners with Contract Managers to identify issues and propose mitigations.
Supports contract manager in developing negotiation strategy for site budget.
Represents Budget group processes on local/global working groups.
Ensures commitment to customer-centric behaviors.
Maintains high degree of responsiveness to both internal and external requests.
Skills:
Strong clinical background and budgeting understanding of cost drivers and benchmarks for clinical site budget.
Ability to think strategically and initiate strong and persuasive contractual arguments to support business policies and objectives.
Track record in setting priorities, organization and problem-solving skills which support and enable sound decision making.
Excellent customer service skills and high attention to detail.
Demonstrated analytical skills and critical thinking to resolve issues in a variety of complex situations requiring new solutions.
Excellent written and verbal communication skills and the ability to be clear and concise in a variety of communication settings.
Experience in working with systems, applications related to clinical and/or project management planning and reporting systems.
Excellent knowledge of computer applications (Excel, Word, Access) is essential.
Experience with Veeva and grant plan required
Education:
Bachelor’s degree with minimum of five (5) years of relevant business experience in regulated pharmaceuticals or healthcare industry.
About US Tech Solutions: US Tech Solutions is a global staff augmentation firm providing a wide range of talent on-demand and total workforce solutions. To know more about US Tech Solutions, please visit www.ustechsolutions.com.
US Tech Solutions is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
AI Statement: By applying, you acknowledge that AI-assisted tools may be used during hiring. IND01
#LI-AS140
Numbers & Facts
Location
Ridgefield, CT
Skills
Accountingunmatched
Analysis Skillsunmatched
Benchmarkingunmatched
Best Practicesunmatched
Biotech and Pharmaceuticalunmatched
Budget Managementunmatched
Budgetingunmatched
Business Supportunmatched
Clinical Trialunmatched
Clinical Trial Managementunmatched
Communication Skillsunmatched
Competitive Analysis/Strategyunmatched
Continuous Improvementunmatched
Contract Managementunmatched
Customer Support/Serviceunmatched
Customer/Consumer Behaviorunmatched
Detail Orientedunmatched
Documentationunmatched
Establish Prioritiesunmatched
Financeunmatched
Healthcareunmatched
Identify Issuesunmatched
Industry Standardsunmatched
Industry/Trade Analysisunmatched
Legalunmatched
Metricsunmatched
Microsoft Access Databaseunmatched
Microsoft Excelunmatched
Microsoft Wordunmatched
Negotiation Skillsunmatched
Operations Managementunmatched
Operations Processesunmatched
Performance Analysisunmatched
Persuasion Skillsunmatched
Presentation/Verbal Skillsunmatched
Problem Solving Skillsunmatched
Process Managementunmatched
Project Planningunmatched
Protocol Analysisunmatched
Strategic Planningunmatched
Time Managementunmatched
Writing Skillsunmatched
🎯
Be found by employers
5,500+ employers search our resume database daily. Add yours to get found by recruiters looking for candidates like you.
Level up your application
Professional resume templates
Browse dozens of recruiter approved resume templates, layouts and formats. Choose your favorite and make it your own in minutes.