Clinical Research Finance Coordinator
Behavioral Health Market Context
Apply Nowvia Medical Hirings - Talent Rush HQ
Qualifications
- •To be considered for the Clinical Research Finance Coordinator II (Pre-Award) position, applicants must have direct experience in a clinical research setting
- •This role requires a understanding of the financial aspects of clinical trials, including budget preparation, funding management, and financial reporting, all within the context of research projects
- •Applicants should have hands-on experience in pre-award processes, such as the preparation of grant proposals, contract negotiations, and coordination with internal and external stakeholders to ensure compliance with funding requirements
- •Prior experience working within a clinical research environment is essential to effectively manage the complexities of this role
- •High School Diploma or equivalent experience/GED required
- •2 more items(s)
Responsibilities
- •In this role, you will be responsible for the financial management of clinical research studies during the pre-award phase
- •You will collaborate with principal investigators and study teams to develop and negotiate budgets, review contracts, and ensure compliance with institutional and sponsor regulations
- •This position requires strong attention to detail and expertise in research finance to support the successful launch of clinical studies
- •The Clinical Research Budget Coordinator II develops complex clinical trial budgets for industry, National Institutes of Health (NIH), and investigator-initiated clinical research
- •Evaluates research protocols to assess resource needs, procedures, clinical research staff time, investigator time, and costs from ancillary departments
- •Determines cost allocation, negotiates budgets, details budgets, and responsible for monitoring accounts and invoicing
- •Ensures compliance with all federal and local agencies including the Food and Drug Administration (FDA) and local Institutional Review Board
- •Works closely with investigators and ancillary departments to identify research procedures needed, budget estimates and cost details
- •Evaluates complex research protocols to assess resource needs, research procedures, clinical research staff time, investigator time, and costs from ancillary departments
- •Determines whether research procedures in the protocol are standard-of-care or a research-related costs in order to correctly classify expenses
- •Develops complex clinical trial budgets for industry and the National Institutes of Health (NIH) as well as investigator-initiated clinical research
- •Works with the CSMC office of Sponsored Research to develop final budgets for clinical trials and research projects
- •Negotiates trial budgets and payment terms with industry sponsors
- •Monitors study accounts to evaluate the cost expenses/details are appropriate and within expected limits, reconciles accounts receivable and payments, and recommends the best course of action for any deficits and/or surpluses
- •Negotiates with sponsors the final payment due for account closeout
- •May conduct review and/or audits of clinical trial budgets
- •Serves as a resource for fiscal related questions and engages management as appropriate
- •Responsible for invoicing sponsors, patient research billing, reimbursement to ancillary departments, and payment tracking
- •Issues and submits invoices for protocol-related items and patient-related expenses per the executed contract and internal invoices for staff time and effort allocation into study accounts
- •Works with sponsors and clinical teams to resolve queries regarding invoices and/or payments due
- •Extracts and defines relevant information, analyzes and interprets data to determine financial performance and/or to project a financial probability and makes recommendations to influence business results
- •Prepares and delivers data, reports and/or presentations to investigators, management and/or leadership
- •Enters financial information from finalized clinical trials budgets and clinical trial agreements into the Clinical Trial Management System
- •Reviews and finalizes clinical trials calendars to ensure agreement with Medicare coverage analysis and clinical trial budget
- •Performs Medicare coverage analysis for clinical trials and collaborates with Institutional Review Board (IRB) to finalize and obtain approval
- •Reviews protocol amendments for impact to sponsored research budget/contract
- •Process budget/contract amendments as applicable
- •May provide training and education to other personnel
- •May plan and coordinate strategies to improve existing standard operating procedures related to budgeting and clinical trials finance
- •May identify quality and performance improvement opportunities and collaborate with staff in the development of action plans to improve quality
- •27 more items(s)
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