Sr. Research Agreement & Budget Specialist

Arthrex•Pelican Bay, FL

About The Position

Arthrex, Inc. is a global medical device company focused on new product development and medical education in orthopedics. The Sr. Research Agreement & Budget Specialist supports responsible and compliant execution of Arthrex-supported research by managing research agreement and budget activities across the study lifecycle. The role supports or leads agreement intake, budget development, fair market value (FMV) review, negotiations, amendments, milestone and payment tracking, documentation management, stakeholder communication, and process improvement. This position serves as a key liaison among Clinical Research, Legal, Finance, and external study sites, supporting the full lifecycle of research agreements, study budgets, and payment management. It applies clinical trial knowledge and project management skills to negotiate site budgets, develop study milestones, align budgets with fair market value, manage research-related payments and invoicing, and support sponsored studies, registries, and real-world data initiatives. The role operates with a high degree of autonomy and serves as a subject matter expert on complex agreements, budgets, FMV review, amendments, and financial oversight. It independently leads complex negotiations, recommends approaches to non-standard issues, mentors others, and develops tools, templates, and standards. Decisions influence portfolio-level practices, financial governance, compliance readiness, and process scalability.

Requirements

  • Bachelor’s degree and at least 6 years of relevant experience, or a Master’s degree and at least 5 years of relevant experience.
  • Experience independently managing research agreement and budget negotiations, FMV documentation, cost justification, stakeholder escalation, and process improvement.

Responsibilities

  • Support lifecycle management of research agreements, including agreement requests, amendments, termination letters, confidentiality documents, supporting exhibits, milestone schedules, and related documentation.
  • Develop, review, support, or negotiate research study budgets, payment schedules, milestone triggers, pass-through costs, overhead assumptions, and budget amendments according to role level.
  • Review study documentation, including protocol requirements, schedules of events, approved funding details, GGC notes, product or loaner support, and roles-and-responsibilities documents, to ensure accurate agreement and budget content.
  • Support or perform FMV assessments, benchmarking, cost justification, and documentation of budget assumptions.
  • Coordinate with Legal, Finance, Compliance, Clinical Research, Study Management, Research Operations, sites, investigators, vendors, and other stakeholders to support timely agreement execution and payment administration.
  • Track contract status, negotiation progress, milestones, payment obligations, amendments, and executed documents in applicable systems.
  • Lead complex, high-value, multi-site, international, collaborative, or escalated agreement and budget negotiations.
  • Serve as the subject matter expert for FMV, cost justification, and budget standardization.
  • Review and approve or recommend budget assumptions, payment structures, and exception rationale.
  • Analyze trends in budget requests, amendments, payment issues, and negotiation bottlenecks.
  • Mentor team members and develop templates, tools, work instructions, and best practices.

Benefits

  • Medical, dental, and vision insurance
  • Company-provided life insurance
  • Voluntary life insurance
  • Flexible Spending Account (FSA)
  • Supplemental insurance plans (accident, cancer, hospital, critical illness)
  • Matching 401(k) retirement plan
  • Annual bonus
  • Wellness incentive program
  • Free onsite medical clinics
  • Free onsite lunch
  • Tuition reimbursement program
  • Trip of a Lifetime
  • Paid parental leave
  • Paid time off
  • Volunteer PTO
  • Employee Assistance Provider (EAP)
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