Senior Budget Analyst

University of Kansas Medical Center

$70K — $105K *
Healthcare
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8 years of relevant experience, with education substitutes considered.
  • Knowledge of clinical trial budgets and coverage analysis.
  • 4 years of budget development and negotiation preferred.
  • Familiarity with Medicare coverage guidelines and FDA regulations.
  • Professional research certification such as CCRP or ACRP is preferred.
  • Strong computer skills, particularly in Microsoft Word, Excel, and Access.

Responsibilities

  • Consult with investigators and project leads on budget development for trials.
  • Develop and update coverage analyses and budgets for complex trials.
  • Create feasibility budgets for underfunded trials to assess viability.
  • Research new pharmaceutical companies to evaluate financial risks.
  • Review informed consent financial language for studies.
  • Assist in developing policies and pricing for clinical trials as needed.
  • Train and mentor junior budget analysts and fiscal analysts.

Benefits

  • Health, dental, and vision insurance beginning on day one with employer contributions.
  • Employer-paid life and long-term disability insurance offered.
  • Paid time off accrues upon hire, alongside ten holidays.
  • Additional paid time off for bereavement, jury duty, and military service after one year.
  • Generous retirement program with employer contributions available.
Full Job Description
Department:
SOM KC Cancer Center Clinical Trials

FinancePosition Title:
Senior Budget AnalystJob Family Group:
Professional StaffJob Description Summary:
The Senior Budget Analyst performs budget development and negotiation for complex trials with clinical research sponsors (pharmaceutical companies and contract research companies), as well as development of corresponding coverage analyses, for assigned clinical trials managed through The University of Kansas Cancer Center (KUCC) Clinical Trials Office. As a Senior Budget Analyst they will help train and mentor other team members.

Job Description:

Job Duties Outlined:
  • Consult with principal investigators, project directors, regulatory leads and the clinical trial budget manager on budget development for new study submissions as well as budget updates resulting from protocol amendments or other changes in scope.
  • Responsible for developing and updating coverage analysis and clinical trial budget for complex trials; ensure stakeholder review and agreement of draft budgets.
  • Create in-kind budgets for underfunded trials to assist leadership in understanding the feasibility of a trial before deciding to move forward with approval of a trial.
  • Research new pharma companies to determine financial risk.
  • Review and update financial language in Informed Consents pertaining to patient related costs on clinical studies, including studies that are assigned to contractors.
  • Assist Senior Finance Director and Clinical Trial Budget Manager with development of policies, procedures and pricing when needed.
  • Assist contractor Budget Analyst in getting information from outside departments.
  • Consult with other KUMC stakeholders involved with clinical research financial administration, including: KUMCRI, KU Hospital, and the University of Kansas Cancer Center to determine appropriate costing and billing of services.
  • Review and revise contract payment terms according to the University of Kansas Cancer Center standard payment term language. Conduct a final review of budget and payment terms included in contracts to ensure all agreed upon terms are incorporated.
  • Input budget information into the Clinical Trial Management System (CRIS/Velos).
  • Assist with training and mentoring Budget Analysts and Fiscal Analysts within the Finance department.


This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. It is only a summary of the typical functions of the job, not an exhaustive list of all possible job responsibilities, tasks, duties, and assignments. Furthermore, job duties, responsibilities and activities may change at any time with or without notice.

Required Qualifications:

Work Experience:
  • 8 years of relevant experience. Education may be substituted for experience on a year for year basis.
  • Knowledge and experience with Clinical Trial budgets and Coverage analysis.


Preferred Qualifications:

Work Experience:
  • 4 years of clinical research budget development and negotiation experience.
  • Experience applying knowledge of Medicare Coverage guidelines and FDA regulations relevant to drugs, devices, and biologics.


Certification:
  • Professional research certification such as CCRP, ACRP or other clinical research certification.


Skills:
  • Computer skills including Microsoft Word, Excel and Access applications.
  • Attention to detail
  • Analytical
  • Problem-solving
  • Multitasking
  • Time management
  • Interpersonal
  • Communication
  • Negotiation


Required Documents:
  • Resume/CV
  • Cover Letter


Comprehensive Benefits Package:

Coverage begins on day one for health, dental, and vision insurance and includes health expense accounts with generous employer contributions if the employee participates in a qualifying health plan. Employer-paid life insurance, long-term disability insurance, and various additional voluntary insurance plans are available. Paid time off, including vacation and sick, begins accruing upon hire, plus ten paid holidays. One paid discretionary day is available after six months of employment, and paid time off for bereavement, jury duty, military service, and parental leave is available after 12 months of employment. A retirement program with a generous employer contribution and additional voluntary retirement programs (457 or 403b) are available. https://www.kumc.edu/human-resources/benefits.html

Employee Type:
RegularTime Type:
Full timeRate Type:
Salary

Compensation Statement:

The pay range listed for this position is determined by our compensation program using market data and salary benchmarking. A combination of factors is considered in making compensation decisions including, but not limited to, education, experience and training, qualifications relative to the requirements of the position, and funding. At the University of Kansas Medical Center, a reasonable estimate for the starting pay range will be the minimum to midpoint of the posted range, taking into account the combination of factors listed above.

Pay Range:
$70,200.00 - $105,300.00
Minimum
$70,200.00
Midpoint
$87,700.00
Maximum
$105,300.00

Similar Jobs

More Jobs at University of Kansas Medical Center

More Healthcare Jobs

Find similar Senior Budget Analyst jobs: