Clinical Research Budgeting & Financial Specialist

Tufts Medicine•Boston, MA

About The Position

This role focuses on performing work related to research and development of new products, innovation, and improvement of products and processes. In addition, this role focuses on performing the following Research Administration duties: Supports the administration of research practices working to achieve the organization's practices goals, plans, priorities, and tracks investments, allocates resources and makes decision regarding research administrative activities. A professional individual contributor role that may direct the work of other lower level professionals or manage processes and programs. The majority of time is spent overseeing the design, implementation or delivery of processes, programs and policies using specialized knowledge and skills typically acquired through advanced education. An entry level role that applies broad theoretical job knowledge typically obtained through advanced education. May require the following proficiency: work is closely supervised, problems faced are not typically difficult or complex, and explains facts, policies and practices related to job area. This position supports clinical investigators, research administrators, clinical trials, and study teams across the organization. Primary responsibilities include assisting with development, negotiation, approval of clinical research budgets and financial terms, and management of study financials through the lifecycle of the study.

Requirements

Bachelor’s degree in Healthcare Administration or related field.
One (1) year experience in clinical trials research or research administration.
Expertise in project management.
Excellent interpersonal skills to deal effectively with researchers, staff, administrators and customers.
Excellent organizational skills to manage workflow independently.
Ability to multitask.
Requires meticulous attention to detail with excellent data management and organizational skills.
Strong interpersonal skills.
Strong written and verbal communication skills.
Ability to operate effectively in a fast-paced constantly changing environment.
Competency in Microsoft Office.
Outstanding customer service skills.
Ability to prioritize quickly and appropriately.

Nice To Haves

Experience in the following areas of clinical research: budgeting, project management, compliance, regulatory management, and/or medical billing.
Three (3) years of experience.

Responsibilities

Assists clinical investigators, research administrators, and/or study teams in development, negotiation, and approval of clinical research budgets in accordance with policies.
With support from their manager, reviews clinical research protocols for resource and financial implications and develops accurate budgets.
Assists with preparing financial analyses on device trials, as necessary, and serves as a resource to investigators on device regulations.
Helps with developing Medicare Coverage Analyses for all studies, distinguishing between billable and non-billable costs and ensures overall adherence to Federal Compliance in the budgeting process.
Meets collaboratively with research personnel to identify and quantify information impacting clinical trial finances.
Serves as one of several resources on the business aspects of clinical research and maintains appropriate records and databases.
With the support from their manager, advises principal investigators, researchers, and staff in the compliant clinical, regulatory, and fiscal conduct of all projects.
Communicates in writing and verbally with investigators, study coordinators, research administrators, sponsors and others within the clinical research infrastructure about clinical research financial services.
Monitors and tracks monthly study expenses, ancillary billing, and personnel costs.
Tracks study milestones, payments, and study invoicing.
Completes study reconciliation monthly and at the close of study against payments received, milestones, and invoices.
Assists with performance metrics and financial analysis.