Budget Analyst

Budget Analyst

The Budget Analyst oversees all activities related to the development and administration of comprehensive budgets for phase I-IV global clinical trials, supporting RFPs and contracts.

Responsibilities

• Develop high-quality, competitive global full-service budgets for phase I-IV clinical trials to support RFPs and contracts.
• With support of management, represent the company at sponsor meetings to review and negotiate budgets.
• Direct the entire budget development process from RFP to contract signature, engaging cross-functional stakeholders for input, approval, and finalization.
• Collaborate closely with proposal writers and contract managers to ensure alignment between budget, text, and contract terms.
• Identify delays, assess barriers to progress, and implement efficient solutions and corrective action as needed.
• Perform additional duties as assigned.

Traveling

Between home office and corporate New Jersey office, as needed. Approximately 5% travel as required.

Salary Range: $70,000–$90,000 annually. Final compensation is based on skills, experience, location, and overall expertise.

Requirements

• A bachelor's degree in Finance, Business, Science, or related field and a minimum of three years' experience in developing and managing global full-service budgets for phase I-IV clinical trials.
• Basic knowledge of operational aspects pertaining to Phase I-IV clinical research, particularly within a Contract Research Organization offering global full services, is essential.
• Proven capability to interpret protocol requirements, operational strategy, and RFP information into effective pricing models.
• Working knowledge of clinical trial cost drivers (per-patient fees, site costs, pass-throughs, timelines, resourcing assumptions) and budget structures supporting contracts and sponsor negotiations
• Exceptional attention to detail, with the ability to QC and validate non-complex budgets.
• Proficiency in Microsoft Excel, experience with mapping client bid grids utilizing excel formulas; knowledge of financial terms is necessary.
• Proficiency in SharePoint and other Microsoft Suite products, including Copilot.
• Demonstrated capacity to forge and sustain productive internal and external relationships through influential communication.
• Strong leadership and teamwork skills with the ability to get results without authority; highly analytical with strong critical thinking skills.
• Ability to work independently with minimal management guidance.
• Strong customer service orientation, and the ability to thrive under pressure while collaborating with cross-functional stakeholders at all management levels.
• Demonstrated capacity to forge and sustain productive internal and external relationships through influential communication.