Description:
SUMMARY:
The Financial Management Analyst is responsible for the preparation and oversight of high-quality customer budgets and contracts on behalf of investigative sites. This position plays a critical role in pricing, planning, execution, and control of investigator grants. This role is directly involved with the development of negotiation strategies.
Requirements:
ESSENTIAL DUTIES:
Budget & CTA Management
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Develop and negotiate (complex) grant budgets based on protocols, SOAs, Rate Cards, and sponsor provided materials on behalf of investigative sites
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Develop full grant budgets if sponsor or CRO does not provide a budget template and review with site as applicable
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Develop and review Clinical Trial Agreements (CTAs) utilizing standard templates and project related information on behalf of investigative sites
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Ensure CTAs are executed in a timely manner in order to meet expected timelines for study start-up
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Develop and review other agreements (e.g. confidentiality agreements, Work Orders, Change Orders, etc.) as needed in support of the business
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On behalf of the investigative site, liaise with the legal departments as necessary, to ensure any content changes to the CTAs are agreeable
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Regularly contact the investigative sites to provide updates on the progress of budgets, CTAs, and amendments. Reach out to the investigative sites to acquire input on non-standard budget or contract items
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Participate in customer/site meeting preparations and discussions as needed
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Provide ongoing account management and financial support to the Director, operations Finance FMS, and the FMS analysts to ensure productive investigative site relationships
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Ensure contract and budget statuses remain updated on a regular basis to support project timelines and allow management insight into financials associated with the contracting process
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Develop strong working relationships and maintain effective communication with Elligo management, staff, customers, and sites
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Ensure that contracts are executed and centrally stored in accordance with corporate guidelines.
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Generate standard and ad-hoc reporting to summarize information and uncover insights
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Reconcile any discrepancies between documents and database(s)
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Support audits by providing accurate contract and budget documentation
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Maintain confidentiality of company information as appropriate
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Perform other duties as required or assigned
QUALIFICATIONS:
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Intermediate knowledge of contract principles and procedures.
- Ability to comprehend, review, and research complex contract documents.
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Excellent verbal and written communication skills, including the ability to effectively convey ideas and information clearly and concisely.
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Good interpersonal skills with the ability to build and foster trust with internal and external stakeholders.
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Ability to work professionally with internal and external stakeholders to effectively achieve business results.
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Self-motivated and able to work independently to complete tasks, respond to department requests, and collaborate with others to utilize their resources and knowledge to identify quality solutions.
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Strong organizational/prioritization skills with the ability to manage multiple concurrent projects.
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Ability to work effectively in a dynamic environment and be flexible to shifting priorities.
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Strong negotiation skills with a collaborative, solutions-oriented approach.
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Highly detail oriented with intermediate analytical and problem-solving skills.
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Understanding of clinical trial agreements, budgets, regulatory considerations, and compliance requirements (ICH GCP, FDA, GDPR, etc.).
- Ability to interpret clinical trial protocols and translate them into budget requirements.
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Intermediate proficiency with Excel and basic proficiency in other Microsoft 365 applications (Outlook, Word, PowerPoint, and Teams), Salesforce and SharePoint.
EDUCATION AND EXPERIENCE:
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Bachelor’s degree or higher required, preferably in Accounting, Finance, or Business Administration preferred, or an equivalent combination of education and related work experience.
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Three (3) or more years of experience related to contract and budget management in the clinical research industry or five (5) or more years of related experience.
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Minimum one (1) year experience developing grant budgets for clinical trials.
