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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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