Financial Budget Analyst (Hybrid)
Company: Vitalief
Location: New Brunswick
Posted on: May 28, 2023
Job Description:
WHY VITALIEF?Vitalief was formed to help mitigate the human
capital epidemic the clinical trial industry is facing today. We
are expanding our footprint rapidly as a value-add, innovative
Research and Clinical Trials Solutions Consulting Company. - As a
result, we are seeking talented and enthusiastic Clinical Research
professionals to join our exceptional team (as full-time, fully
benefited employees) to support our clients' successful planning
and execution of research and clinical trials. -
You can actively contribute to our
clients' mission of advancing scientific discoveries that have the
potential to change patients' lives for the better.You'll impact
clinical research in various therapeutic areas, including oncology,
and improve outcomes for diverse populations.Our PEOPLE FIRST
culture prioritizes personal and professional growth for all
Vitalief employees.We give everyone a seat at the table - we
encourage innovation.We're committed to our employees - you are
encouraged and mentored by the talented Vitalief team to achieve
full potential.Life/work balance that includes 20 PTO (Paid Time
Off) days plus 9 paid Holidays annually.Other benefits include:
Company paid life insurance and short / long term disability
coverage; 401K retirement program; Robust healthcare plans to
choose from. -Salary Range: - $80,000 to $85,000 annually -Work
Location: - -Hybrid role; on-site location is New Brunswick, NJ
-Job Responsibilities:
Reporting to the Manager, Budget &
Reimbursement, this financial budget analyst is responsible for
preparing, maintaining, and negotiating budgets related to clinical
trial activities. Performs prospective reimbursement analysis
according to CMS National Coverage Determination Decisions and all
applicable billing regulations, third party requirements, industry
standards, etc.Works in conjunction with other departments of the
firm, as well as representatives from other higher education
institutions, sponsors, attorneys, governmental agencies, and
principal investigators.Requests clinical trial budgets and
contracts documents from sponsors and CROs.Reviews clinical trial
protocols and develops internal budgets. Prepares clinical trial
budget documents and memos. Determines whether each trial is a
qualifying trial per CMS regulations, and assesses compliance with
other regulatory requirements, including FDA and NIH
guidelines.Negotiates budgets with sponsor, interfacing with
various internal departments as needed.Facilitates clinical trial
billing administrative start-up, insuring clinical research billing
and regulatory compliance. Collaborate with Finance to coordinate
documentation of each clinical trial account from the beginning of
protocol submission to the end of the study utilizing OnCore CTMS
system.Performs regular audits of clinical trials to ensure that
billing is complete and accurate and to ensure that the research
project, database or protocol is carried out as outlined.Develops
and distributes monthly financial reports to senior leadership of
clinical trial revenue activity including active clinical trials
and research subjects.Required Skills:
Bachelor's Degree in Accounting,
Finance, Business Administration or a related field. - Equivalent
experience, education and/or training may be substituted for the
degree requirements.1 to 3 years of experience in the maintenance
and review of budgetary and fiscal records including experience
with computer based accounting systems in a healthcare
environment.Clinical Research experience is required, but that
experience does NOT need to be specific to finance. For example,
the candidate could have been a project manager in clinical
research.Maintains working knowledge of CMS, DHHS, FDA, OHRP, NIH,
OIG, HIPAA and IRB. Demonstrates excellent interpersonal, oral and
written communication skills. Strong organizational and
detail-oriented skills.Proficiency and working knowledge of
database and reporting tools such as Microsoft Word, Excel, Access,
PowerPoint and OnCore. Continuously displays "can do" attitude
cross functionally to contribute to the overall customer service
plan.Develops professional relationships will all customers and
maintains professional composure and confidence during stressful
situations. -Preferred Skills:
Experience with clinical contracts,
budget development, variance analysis and research of financial
data and transactions. Experience in clinical research
administration; knowledge of regulatory, financial and
administrative requirements of third-party billing for clinical
trials and accounting principles for research preferred. Experience
or training in clinical research budgeting, financial management
and/or coding.Maintains thorough working knowledge of regulatory
requirements and Good Clinical Practices (GCP). -PHYSICAL DEMANDS:
Standing, sitting, walking, talking and hearing. No special vision
requirements. Lifting up to 25lbs. -IMPORTANT NOTE: Vitalief
partners with clients such as major medical centers and academic
institutions that requires all on-site resources such as
prospective Vitalief consultants to provide proof that they are
fully vaccinated for Covid-19; inoculated annually for Influenza;
and successfully pass a Mantoux Tuberculin Skin Test (TST) for
Mycobacterium Tuberculosis.
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Keywords: Vitalief, New Brunswick , Financial Budget Analyst (Hybrid), Accounting, Auditing , New Brunswick, New Jersey
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