About The Position
Milestone One is seeking a Contract Budget Specialist to join the Project Finance team. This role will manage the end-to-end budgeting processes for projects in the United States and Latin America. The specialist will act as a key financial partner for project teams, sites, and internal departments, handling the preparation, analysis, and negotiation of clinical trial budgets.
Requirements
- Professional experience in clinical research in CRO companies, pharmaceutical companies, or medical institutions involved in clinical trials.
- Experience in preparing and negotiating clinical trial budgets (from the financial side, site/CRO/SMO perspective).
- Strong knowledge of clinical trial cost structures (site fees, medical procedures, investigator fees, overhead, admin fees, pass-through costs, etc.).
- Experience working with CTMS systems and advanced Excel skills.
- Fluent English and Spanish.
- Ability to independently conduct financial negotiations, assertiveness, strong communication skills, and high professional standards.
- Attention to detail, analytical thinking, ability to manage multiple projects simultaneously, and meet deadlines.
Responsibilities
- Preparation and updating of clinical trial budgets (site budgets) for US and Latin American sites, based on protocol assumptions and sponsor guidelines.
- Conducting budget negotiations with sponsor representatives on behalf of Milestone One, the medical institution, and the investigator—from initial budget stage through final financial agreement.
- Collaboration with Legal/Contracts in aligning the financial part of agreements with sites.
- Analysis of costs and financial assumptions (patient visits, procedures, overhead costs, pass-through costs, etc.) and recommending optimal cost solutions.
- Ensuring consistency of budgets with internal financial guidelines and sponsor requirements.
- Input and maintenance of budgets and related financial data in CTMS and other internal tools.
- Close collaboration with Project Managers, Project Finance, Clinical Operations, sites, and other stakeholders to ensure transparency and cost control.
- Monitoring study changes (amendments) and updating budgets accordingly.
- Preparation of financial summaries, analyses, and reports for internal use and, when needed, for the sponsor.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
