Clinical Research Financial Analyst II

Overview

Under general supervision of the Clinical Research Budgets Manager, the Clinical Research Financial Analyst (CRFA-II) is responsible for financial planning, developing budgets, negotiating financial agreements with funding sources and vendors, and ensuring effective financial management throughout the lifecycle of Clinical Research studies. Handles moderately complex issues and problems and refers more complex issues to Senior Clinical Research Financial Analyst. In the absence of a Senior Clinical Research Financial Analyst this position refers to more complex issues to the Clinical Research Budgets Manager. Located in Boston and the surrounding communities, Dana-Farber Cancer Institute is a leader in life changing breakthroughs in cancer research and patient care. We are united in our mission of conquering cancer, HIV/AIDS, and related diseases. We strive to create an inclusive, diverse, and equitable environment where we provide compassionate and comprehensive care to patients of all backgrounds, and design programs to promote public health particularly among high-risk and underserved populations. We conduct groundbreaking research that advances treatment, we educate tomorrow's physician/researchers, and we work with amazing partners, including other Harvard Medical School-affiliated hospitals.

• Reviews and interprets Medicare Coverage Analyses, corresponding protocols, and other applicable documents for budget builds and negotiations.
• Responsible for Clinical Trial Management System (CTMS) budget builds and in a timely manner resolves budget build queries.
• Collaborates with Clinical Research teams to understand study requirements and accurately project costs.
• Prepares and presents detailed and accurate budgets for Clinical Research studies.
• Leads study budget meetings with key stakeholders to ensure alignment.
• Leads negotiations with funding sources, vendors, and other stakeholders to secure favorable budgets and financial terms and conditions.
• Monitors, records, and communicates the progress of budget and financial terms and conditions negotiations to ensure key stakeholders are maintained informed on an on-going basis.
• Collaborates with contracts team to ensure budgets and financial terms and conditions are clearly defined and agreed upon in a timely manner.
• Develops cost projections for various study phases and ensures alignment with contracts and budgets.
• Monitors and controls study budgets to ensure expenditures align with approved budgets and cost projections.
• Manages and processes amendments to budgets and financial terms and conditions as necessary to accommodate changes in study scope or requirements.
• Builds study specific CTMS financial tracking and works closely with Clinical Research Accounting and study teams to ensure financial activity is up to date.
• Works closely with study teams and Clinical Research Finance teams to address financial inquiries and support study-related financial management through regular meetings and communications.
• Partners with key stakeholders in Clinical Research Accounting to enhance revenue collection.
• Prepares and presents Disease Center study financial reports, forecasts, and analyses.
• Organizes and maintains the Clinical Research Budgets Office central e-mail box; responds in a timely manner to applicable study financial e-mail communications.
• Maintains accurate and organized budgets, financial agreements and transactions, reconciliations, and supporting documentation for audits and general financial reporting.
• Identifies opportunities for process improvements and efficiencies in Clinical Research study budgeting procedures.
• Implements best practices and contributes to the development of financial management policies and procedures.
• Handles moderately complex issues and problems and refers more complex issues to higher level Clinical Research Budget Office team members.
• Works independently to identify and resolve opportunities for optimizing assigned Clinical Research study budgets. This includes conducting detailed financial analyses, identifying dis