Payment Specialist - Clinical Trial Financial Operations

Biogen

8d•$78,000 - $93,000

About The Position

As a Payment Specialist in Clinical Trial Financial Operations - Pharma/Biotech, you will play a crucial role in the management of investigator payments, ensuring timeliness, accuracy, and compliance with clinical trial agreements. Situated within the Site Contracts Management team, you will lead interactions with study teams, budget hubs, and EDC functional groups to set up and manage payments effectively. Your role will involve drafting and finalizing payment terms, leading monthly reporting meetings with payment vendors, and resolving payment disputes to support our clinical trials. The value of this position lies in its impact on the seamless execution of payments, which is vital for the success of our clinical studies. By ensuring proper funding and resolving queries swiftly, you will contribute significantly to the operational efficiency and financial integrity of our clinical trials. What You’ll Do: Lead monthly study payment reporting meetings with payment vendors to ensure timely payments. Collaborate with study teams and functional groups to identify and resolve payment issues. Review payment actuals and work with vendors to ensure compliance with CTAs. Draft and finalize payment terms in the CTA Financial Appendix. Support study teams during CTA negotiations and query resolution. Liaise with payment vendors to resolve disputes and provide necessary clarifications. Ensure study funding is available and managed in accordance with the funding process. Develop an understanding of vendor data capabilities to efficiently resolve queries. Who You Are: You are a detail-oriented professional with a passion for financial operations and a keen eye for accuracy. You thrive in collaborative environments, working seamlessly with various teams to achieve common goals. Your strong organizational skills enable you to handle multiple tasks efficiently, prioritizing them effectively to meet tight deadlines. You possess excellent communication skills, allowing you to convey complex information clearly and resolve conflicts amicably. Your proactive approach ensures that potential issues are identified and resolved swiftly, maintaining the smooth flow of payments.

Requirements

Bachelor’s degree required.
2+ years of experience within the biotechnology/pharmaceutical industry or academic medical center in site payments or relevant experience.
Proficiency in project management and financial analysis across Phase I-IV clinical trials.
Excellent conflict resolution, decision making, and communication skills.
Strong organizational skills with the ability to prioritize and handle a high volume of tasks.

Nice To Haves

Experience working with Electronic Data Capture (EDC) systems.
Familiarity with clinical trial agreements and payment processes.
Ability to analyze and interpret financial data.

Responsibilities

Lead monthly study payment reporting meetings with payment vendors to ensure timely payments.
Collaborate with study teams and functional groups to identify and resolve payment issues.
Review payment actuals and work with vendors to ensure compliance with CTAs.
Draft and finalize payment terms in the CTA Financial Appendix.
Support study teams during CTA negotiations and query resolution.
Liaise with payment vendors to resolve disputes and provide necessary clarifications.
Ensure study funding is available and managed in accordance with the funding process.
Develop an understanding of vendor data capabilities to efficiently resolve queries.

Benefits

Medical, Dental, Vision, & Life insurances
Fitness & Wellness programs including a fitness reimbursement
Short- and Long-Term Disability insurance
A minimum of 15 days of paid vacation and an additional end-of-year shutdown time off (Dec 26-Dec 31)
Up to 12 company paid holidays + 3 paid days off for Personal Significance
80 hours of sick time per calendar year
Paid Maternity and Parental Leave benefit
401(k) program participation with company matched contributions
Employee stock purchase plan
Tuition reimbursement of up to $10,000 per calendar year
Employee Resource Groups participation