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Clinical Budget Analyst (Temporary Position)

Novocure Inc
United States, New Hampshire, Portsmouth
195 Commerce Way (Show on map)
Jul 06, 2024
Description:




CLINICAL BUDGET ANALYST (TEMPORARY POSITION) JOB SUMMARY:

The Clinical Budget Analyst is responsible for managing clinical vendor and investigative site budgets for Global Clinical Operations. The Clinical Budget Analyst is responsible for overall clinical budget activities including budget template and playbook development, budget negotiation escalations, and oversight of timely budget finalization. In this role, the Clinical Budget Analyst will need to interact effectively with vendors and investigative sites, along with Clinical Operation Project Teams, Finance, Legal, and Clinical Procurement to ensure alignment with and delivery of business objectives.

This is a part-time, temporary, remote position reporting to Senior Manager, Clinical Operations Budget Analyst, tied to our Portsmouth, NH office.

ESSENTIAL DUTIES AND RESPONSIBILITIES:



  • Perform end-to-end management of clinical budgets for vendors and investigative sites, in accordance with Standard Operating Procedures (SOPs), federal and local regulations, and accepted financial practices
  • Develop budget templates in accordance with the Clinical Investigation Plan (protocol) and establish consistent negotiation parameters, i.e. playbook, for each study
  • Act as central point of contact to resolve for budget escalations
  • Collaborate with and escalate to internal stakeholders, e.g., Legal, Clinical Operations, Procurement, and Finance on issues needing senior leadership approval, e.g. insurance language, excessive costs and/or costs in excess of fair market value
  • Collaborate with clinical trial managers to address protocol-specific questions as related to site budgets, as needed
  • Ensure final Budget Exhibit is clear, ensuring accurate and efficient payments to sites
  • Utilize study protocol and fair market value databases to complete long-range investigator grants forecasts
  • Prepare site budget performance analysis and reports to support cost control
  • Maintain regular communications with internal and external customers including providing status updates on budgets
  • Oversee clinical trial vendor Key Performance Indicators (KPIs) on accuracy and timeliness of quarterly budget reconciliations and global spend transparency reporting
  • May support financial audits and inspections
  • Identify and escalate project and quality issues; supports corrective/preventive actions as required
  • Participate in the implementation of departmental Objectives and Key Results (OKRs); recommend process improvements and initiatives to enhance operations
  • Other related duties, as assigned



QUALIFICATIONS/KNOWLEDGE:

Qualifications:



  • Bachelor's degree, (preferably in Business Administration/Finance/Accounting) preferred
  • Minimum of 2 years relevant experience in business/finance/accounting required
  • Clinical research experience in a pharmaceutical, biotechnology, or CRO environment required
  • Global clinical trial experience preferred



Knowledge and Skills:



  • Basic knowledge of the pharmaceutical/device commercialization process, including clinical trials for human subjects
  • Experience in financial/budgeting systems/tools preferred
  • Knowledge of best demonstrated practices in structuring clinical study budgets; understanding of FMV
  • Advanced computer skills, including proficiency in MS Office (Word, Excel, PowerPoint, Outlook)
  • Organizational skills with strong attention to detail, precision, and accuracy
  • Ability to manage and prioritize multiple tasks simultaneously, proactively problem-solve, and manage competing priorities and deadlines
  • Excellent verbal and written communication skills, providing clear, concise, timely, and relevant information
  • Strong interpersonal skills with the ability to communicate and interact competently and professionally at all levels within a global cross-functional environment, while aware of cultural diversity
  • Ability to work well in a team as well as independently with limited oversight; is self-motivated and results-driven
  • Ability to analyze and interpret data and prepare evaluative summary reports



ABOUT NOVOCURE:

Our vision

Patient-forward: aspiring to make a difference in cancer.

Our patient-forward mission

Together with our patients, we strive to extend survival in some of the most aggressive forms of cancer by developing and commercializing our innovative therapy.

Our patient-forward values

- innovation

- focus

- drive

- courage

- trust

- empathy

An Equal Opportunity Employer, including disability/veterans

#LI-YS1

#LI-REMOTE



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