Clinical Trial Budget Analyst

Clinical Trial Budget Analyst

The Clinical Trial Budget Analyst will develop, analyze, negotiate, and maintain budgets for clinical research studies. This role will ensure appropriate sponsor cost recovery and alignment with institutional financial objectives.

Key responsibilities include:

• Developing clinical trial budgets based on study protocols.
• Reviewing protocols to assess procedures, personnel effort, startup requirements, pass-through costs, and institutional resource needs.
• Negotiating budgets with sponsors, CROs, and funding agencies.
• Conducting financial feasibility, cost-recovery, and budget adequacy analyses.
• Supporting study startup and activation activities.
• Ensuring alignment between clinical trial budgets and contract terms.
• Preparing and maintaining budget amendments.
• Maintaining financial records, reports, and forecasts.
• Supporting financial dashboards and operational reporting, as applicable.
• Collaborating with investigators and clinical research teams.
• Partnering with Contracts, Research Finance, Coverage Analysis, Study Start-Up, and Research Operations.
• Supporting sound financial management throughout the clinical trial lifecycle.
• Providing education and consultation to investigators and research teams regarding budgeting and cost recovery, as applicable.
• Supporting sponsor audits and financial reviews, as applicable.

Skill Set Requirements:

• Clinical trial budget development and maintenance.
• Clinical research financial analysis.
• Protocol review and cost assessment.
• Sponsor and CRO budget negotiation.
• Financial feasibility analysis.
• Cost-recovery analysis.
• Budget adequacy analysis.
• Contract-budget alignment.
• Study startup and activation support.
• Budget amendment management.
• Financial records and reporting.
• Financial forecasting.
• Dashboard and operational reporting experience.
• Cross-functional collaboration in a clinical research environment.
• Strong written and verbal communication skills.
• Ability to work independently in a remote environment.

Education/Certifications/Licenses:

• No specific education, certification, or license requirement was provided.
• A bachelor's degree in finance, accounting, business administration, healthcare administration, clinical research, or a related field may be relevant.
• Clinical research finance, budgeting, or project management certifications may be beneficial but are not specified as required.

Disclaimer: Brooksource, Medasource, and Calculated Hire are part of the Eight Eleven Group family of companies and operate under Eight Eleven Group, LLC. All employees receive the same benefits, policies, and terms of employment.

EEO: We are committed to creating an inclusive environment for all employees and applicants. We do not discriminate on the basis of race, color, religion, creed, sex, sexual orientation, gender identity or expression, national origin, ancestry, age, disability, genetic information, marital status, military or veteran status, citizenship, pregnancy (including childbirth, lactation, and related conditions), or any other protected status in accordance with applicable federal, state, and local laws.

Benefits & Perks: Eight Eleven Group offers competitive medical, dental, vision, Health Savings Account, Dependent Care FSA, and supplemental coverage with plans that can fit each employee's needs. We offer a 401k plan that includes a company match and is fully vested after you become eligible, paid time off, sick time, and paid company holidays. We also offer an Employee Assistance Program (EAP) that provides services like virtual counseling, financial services, legal services, life coaching, etc.

Pay Disclaimer: The pay range for this job level is a general guideline only and not a guarantee of compensation or salary. Additional factors considered in extending an offer include (but are not limited to) responsibilities of the job, education, experience, knowledge, skills, and abilities, as well as internal equity, alignment with market data, applicable bargaining agreement (if any), or other law.