Clinical Research Budget Manager

Company overview

The people of Memorial Sloan Kettering Cancer Center (MSK) are united by a singular mission: ending cancer for life. Our specialized care teams provide personalized, compassionate, expert care to patients of all ages. Informed by basic research done at our Sloan Kettering Institute, scientists across MSK collaborate to conduct innovative translational and clinical research that is driving a revolution in our understanding of cancer as a disease and improving the ability to prevent, diagnose, and treat it. MSK is dedicated to training the next generation of scientists and clinicians, who go on to pursue our mission at MSK and around the globe. 

Job details

Opportunity at MSK: Join us as a Clinical Research Manager where you will play a pivotal role in the centralized development and negotiation of clinical research budgets. As a self-directed professional of the Clinical Research Finance team, you will be responsible for crafting budgets for various clinical studies, ensuring compliance with all relevant regulations and policies. Your expertise will serve as a vital resource for faculty engaged in clinical research, guiding them on budgetary and Medicare Coverage Analysis (MCA) matters. Collaborating with diverse teams across the institution, you will ensure that all budgets are complete, accurate, and aligned with institutional goals. 

Key Responsibilities:

• Develop and lead budgets for clinical research studies, ensuring alignment with various funding sources.

• Review study documentation to create budgets, Letters of Intent (LOIs), and amendments, while incorporating all relevant expenses.

• Collaborate with cross-functional teams to gather cost data and assess study feasibility.

• Negotiate budgets and payment terms with industry sponsors to secure funding and improve revenue.

• Ensure compliance with regulations and internal controls while maintaining detailed tracking of budget statuses.

• Ongoing monitoring of study financial performance and collaboration with internal stakeholders to investigate and resolve deficiencies, if needed.

• Analyze budget data for accuracy and trends, and present findings to management.

• Provide education and support on budgeting practices and compliance to research staff.

• Lead or participate in departmental projects and initiatives and provide interim coverage for Budget Managers as needed.

Key Qualifications:

• Bachelor’s Degree or equivalent experience in Clinical Research, Finance, or a related field. In lieu of a degree, four years of job-related experience is acceptable.

• 2-4 years in clinical research financial management, including budget development, Medicare coverage analysis, clinical trial agreements, invoicing, and fiscal management.

• Familiarity with clinical trial operations is crucial.

Core Skills:

• Intermediate skills in budget development and negotiation, with a proven ability to advise investigators on sponsor and institutional budget policies.

• Advanced oral and written communication skills, enabling effective interaction with diverse partners, including clinical staff, administration, and external contacts.

•  Intermediate ability to collect, analyze, and interpret data for reports, identifying trends through thorough data review.

•  Sophisticated interpersonal skills and attention to detail, with the ability to prioritize tasks and lead multiple projects simultaneously.

• Intermediate capability to plan and lead meetings, handle research projects, and coordinate work across departments.

• Intermediate proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, etc.).

Additional Information:

• Location: remote

• Schedule: Monday - Friday

• Reporting to: Manager, Clinical Research Billing and Compliance

Pay Range: $80,000.00-$128,400.00

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