Novocure - Portsmouth, NH
posted 5 months ago
The Clinical Budget Analyst is responsible for managing clinical vendor and investigative site budgets for Global Clinical Operations. This role encompasses overall clinical budget activities, including the development of budget templates and playbooks, budget negotiation escalations, and ensuring timely budget finalization. The Clinical Budget Analyst will interact effectively with vendors and investigative sites, as well as with Clinical Operation Project Teams, Finance, Legal, and Clinical Procurement to ensure alignment with and delivery of business objectives. This position is part-time, temporary, and remote, reporting to the Senior Manager, Clinical Operations Budget Analyst, tied to the Portsmouth, NH office. In this role, the Clinical Budget Analyst will perform end-to-end management of clinical budgets for vendors and investigative sites, adhering to Standard Operating Procedures (SOPs), federal and local regulations, and accepted financial practices. The analyst will develop budget templates in accordance with the Clinical Investigation Plan (protocol) and establish consistent negotiation parameters for each study. Acting as the central point of contact, the analyst will resolve budget escalations and collaborate with internal stakeholders, such as Legal, Clinical Operations, Procurement, and Finance, on issues requiring senior leadership approval, including insurance language and excessive costs. The Clinical Budget Analyst will also collaborate with clinical trial managers to address protocol-specific questions related to site budgets, ensuring that the final Budget Exhibit is clear for accurate and efficient payments to sites. Utilizing study protocols and fair market value databases, the analyst will complete long-range investigator grants forecasts and prepare site budget performance analysis and reports to support cost control. Regular communication with internal and external customers will be maintained, providing status updates on budgets and overseeing clinical trial vendor Key Performance Indicators (KPIs) on accuracy and timeliness of quarterly budget reconciliations and global spend transparency reporting. The analyst may also support financial audits and inspections, identify and escalate project and quality issues, and participate in the implementation of departmental Objectives and Key Results (OKRs), recommending process improvements and initiatives to enhance operations.