Research Budget Analyst
Actalent · Durham, NC · 1 mo ago
RemoteRemoteFinance$32–$42/hrContract
Responsibilities
- Analyze and draft complex clinical trial budgets in collaboration with principal investigators, researchers, departmental staff, and ancillary teams.
- Review and interpret clinical trial protocols to determine appropriate cost allocation, resource requirements, and alignment with institutional standards.
- Develop sponsor budgets for pharmaceutical-sponsored, cooperative group, and institutional clinical trials.
- Negotiate mutually beneficial budget terms and conditions with industry sponsors and other external partners.
- Ensure adherence to all applicable regulations, institutional policies, and compliance standards in budget development and management.
- Perform coverage analysis and research rate setting to support accurate and compliant budget creation.
- Interpret protocol details for use in budget development and negotiation with industry sponsors.
- Support grants and clinical trial financial management through effective budget oversight and tracking.
- Collaborate with billing, compliance, and research administration teams to ensure accurate and compliant financial processes.
- Provide outstanding customer service and maintain professional, respectful relationships with investigators, sponsors, and internal stakeholders.
Requirements
- Experience with clinical trials and clinical trial budgeting.
- Proven ability to perform budget negotiations and manage sponsor budgets.
- Strong budget management skills, including analysis and oversight of clinical research finances.
- Experience with grants and research-related financial processes.
- Bachelor’s degree in business administration, finance, or a research-related field.
- Approximately 3 years of experience in clinical research (industry/pharmaceutical and/or federal grants), billing compliance, research contract management, research administration, or budget development.
Qualifications
- Advanced proficiency in Excel, including VLOOKUPs, pivot tables, index functions, and other advanced features.
- Experience in clinical research budget development and negotiation.
- Experience with coverage analysis and research rate setting for clinical trials.
- Ability to interpret clinical trial protocols for budget development and negotiation with industry sponsors.
- Experience in medical coding or billing.
- Strong analytical and problem-solving skills with attention to detail.
- Effective communication skills for collaborating with investigators, sponsors, and internal teams.
- Ability to work independently in a remote environment while managing multiple priorities.
Benefits
- Medical, dental & vision
- Critical Illness, Accident, and Hospital
- 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
- Life Insurance (Voluntary Life & AD&D for the employee and dependents)
- Short and long-term disability
- Health Spending Account (HSA)
- Transportation benefits
- Employee Assistance Program
- Time Off/Leave (PTO, Vacation or Sick Leave)