Coordinator-Budget Contract

Baptist Memorial Health Care Corp
  • Memphis, TN
    30+ days ago

    Job Description

    Coordinator-Budget Contract

    Job ID: 40452

    Job Category: Finance and Accounting

    Work Type: Full Time

    Work Schedule: Days

    Department: Administration

    Facility: BMHCC System Services

    Location: Memphis, TN

    Overview

    Job Summary

    The Budgeting, Billing, and Contracting Coordinator is responsible for overseeing the development,

    negotiation, execution, and financial management of research study contracts and budgets to ensure

    accurate revenue capture. This role analyzes and finalizes site budgets, prepares and submits sponsor

    invoices, tracks research revenue, reconciles payments, and maintains contract documentation while

    ensuring full compliance with sponsor, federal, Medicare Cost Analysis, and institutional guidelines.

    Operating at a mid-level individual contributor capacity, the position supports the entire research portfolio

    across the health system and directly impacts research revenue integrity, timely cash collections, and

    regulatory compliance. The role collaborates closely with Legal, Finance, Privacy & Security, research

    clinics, study teams, and external sponsors, exercising independent judgment on complex contract terms,

    budgeting decisions, and billing resolutions.

    Responsibilities

    • Analyzes, develops, negotiates, and finalizes site budgets and sponsor contracts for industry- and

    federally-funded research studies.

    • Serves as primary liaison between internal departments including Legal, Finance, and Privacy &

    Security and external sponsors or research organizations.

    • Ensures all contracts and budgets comply with internal policies, federal regulations, Good Clinical

    Practice (GCP) guidelines, and sponsor requirements.

    • Maintains accurate contract documentation and tracking within the Clinical Trial Management

    System (CTMS) and related systems.

    • Prepares, tracks, and submits sponsor invoices in accordance with contract terms and Medicare

    Cost Analysis guidelines.

    • Monitors research revenue, reconciles payments received, and follows up on outstanding

    balances to optimize cash flow.

    • Maintains accurate billing schedules and ensures timely invoicing to prevent revenue delays.
    • Records and maintains financial documentation for invoices, payments, and research-related

    expenses.

    • Supports month-end and quarter-end close processes and assists with preparation of financial

    reports and KPI tracking.

    • Performs quality checks and audits to verify contract terms, billing accuracy, and overall

    compliance.

    • Builds and maintains strong working relationships with research clinics, sponsors, and internal

    study teams.

    • Provides responsive support and clear communication on contract status, billing timelines, and

    revenue tracking to leadership and study teams.

    • Completes assigned goals and other duties as assigned.

    Specifications

    Experience

    Minimum Required

    • 3 years of contract analysis and

    contract negotiations required,

    including Clinical trial sponsor

    budget negotiation and Sponsor

    billing. Experience working in

    clinical research, healthcare

    Finance and /or pharmaceutical

    industry. Experience Working

    with industry sponsored

    research. CRO Experience.

    Knowledge in the pharmaceutical

    Industry. Knowledge in clinical

    research study proposals and

    funding

    Preferred/Desired

    • 3 years of contract analysis and

    contract negotiations required,

    including Clinical trial sponsor

    budget negotiation and Sponsor

    billing. Experience working in

    clinical research, healthcare

    Finance and /or pharmaceutical

    industry. Experience Working

    with industry sponsored

    research. CRO Experience.

    Knowledge in the pharmaceutical

    Industry. Knowledge in clinical

    research study proposals and

    funding

    Education

    Minimum Required

    • 3 years of contract analysis and

    contract negotiations required,

    including Clinical trial sponsor

    budget negotiation and Sponsor

    billing. Experience working in

    clinical research, healthcare

    Finance and /or pharmaceutical

    industry. Experience Working

    with industry sponsored

    research. CRO Experience.

    Knowledge in the pharmaceutical

    Industry. Knowledge in clinical

    research study proposals and

    funding. .

    Preferred/Desired

    • Bachelor''s Degree in related field.

    Training

    Minimum Required

    Preferred/Desired

    CITI (or equivalent) Training in

    Clinical Research; Proficiency in

    Velos CTMS; Clinical Research

    Coordinator Certification

    Special Skills

    Minimum Required

    • Knowledge of basic financial principles and compliance standards such as CMS guidelines and anti-kickback statutes and regulations. Ability to read and understand basic legal and contract terminology. Ability to read and understand clinical trial protocols. Financial analysis skills. Project management skills and analytical decision making skills. Must be proficient in Microsoft Word, Excel and PowerPoint. Excellent Organizational Skill

    Preferred/Desired

    • Proficient computer skills to include MS Word, Excel and Power Point. Excellent organizational skills. Knowledge in the pharmaceutical industry. Knowledge in research grant proposals and funding.

    Licensure

    Minimum Required

    Preferred/Desired

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    Numbers & Facts

    LocationMemphis, TN

    Skills

    • Accountingunmatched
    • Accounting Closeunmatched
    • Analysis Skillsunmatched
    • Billingunmatched
    • Budgetingunmatched
    • Cash Flowunmatched
    • Clinical Practices/Protocolsunmatched
    • Clinical Researchunmatched
    • Clinical Trial Managementunmatched
    • Communication Skillsunmatched
    • Computer Skillsunmatched
    • Contract Managementunmatched
    • Cost Analysisunmatched
    • Credit and Collectionsunmatched
    • Documentationunmatched
    • Financeunmatched
    • Financial Analysisunmatched
    • Financial Managementunmatched
    • Healthcareunmatched
    • Legalunmatched
    • Maintain Complianceunmatched
    • Medicareunmatched
    • Microsoft Excelunmatched
    • Microsoft PowerPointunmatched
    • Microsoft Wordunmatched
    • Negotiation Skillsunmatched
    • Organizational Skillsunmatched
    • Performance Metricsunmatched
    • Project/Program Managementunmatched
    • Reconciliationunmatched
    • Record Keepingunmatched
    • Regulatory Complianceunmatched
    • Research Contractsunmatched
    • Time Managementunmatched

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