Clinical Trial Pricing & Budgeting Consultant

Job Description

REQUIREMENTS

• Experience developing budgets, analyzing resource requirements, negotiating contracts, or managing complex service-based projects.
• Strong analytical and problem-solving skills.
• Demonstrated ability to evaluate operational requirements and translate them into financial models and budgets.
• Experience leading teams, mentoring staff, or building operational processes.
• Strong negotiation and communication skills.
• Advanced proficiency in Excel and financial analysis tools including AI.
• Experience in healthcare, clinical research, consulting, professional services, or related industries preferred.

RESPONSIBILITIES

Budget Development & Review

• Develop and/or review study budgets for Phase I-III clinical trials.
• Ensure budgets accurately reflect site effort, staffing requirements, patient burden, and study complexity.
• Support development of budget assumptions and pricing methodologies.

Budget Negotiation Support

• Lead or support negotiations with sponsors and CROs.
• Review sponsor budget offers and identify opportunities for improved reimbursement. Provide justification as needed.
• Provide guidance on payment terms.
• Serve as an escalation point for the existing members of the contracts and budget team.

Leadership & Team Development

• Provide mentorship and guidance to the existing budget team.
• Assist with training and professional development.
• Help build a scalable budgeting function capable of supporting continued organizational growth.

Operational Analysis

• Evaluate budget-to-actual performance and identify areas of under-recovery while the study is underway.
• Analyze operational activities that impact study profitability, including recruitment efforts, retention activities, screen failures, protocol amendments, and unscheduled visits.
• Identify trends and opportunities to improve future budget assumptions and negotiations.

Process Improvement

• Standardize budgeting templates and methodologies.
• Improve consistency, efficiency, and documentation within the budgeting process.
• Develop reporting tools and dashboards that support operational decision-making.
• Recommend process enhancements that improve turnaround times and overall quality.

Cross-Functional Collaboration

• Partner with Clinical Operations, Recruitment, Finance, and Business Development teams.
• Support feasibility assessments and study startup activities as needed.

Are you interested in this position?

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