Budget Analyst

Budget Analyst

Job Summary

Job Summary
Responsible for clinical trial budget preparation, negotiation, monitoring and reconciliation. Budget Analysts aide in providing an institutional safeguard to ensure clinical research study budgets comply with applicable federal, state, and local laws, national guidance, and regulations related to clinical research budgeting and billing while streamlining the clinical research study activation timeline. The Budget Analyst will be responsible for performing a comprehensive Centers for Medicare & Medicaid Services (CMS) Coverage Analysis in accordance with Medicare's Clinical Trial Policy (NCD 310.1) on clinical research protocols with billable services. The Budget Analyst will ensure accurate determinations of research patient billing compliance to mitigate institutional risk. The incumbent will maintain comprehensive documentation of all CMS Coverage Analysis grids and systems for tracking in the institutional Clinical Trials Management System (CTMS).

Maintains, utilizes, and updates data collection in CTMS for use in gathering and compiling information, preparing reports and analyses, as required for financial management of clinical trials. The individual serves as a technical expert and ensures coverage analyses are compliant with all relevant regulations and serves as the internal first-line contact for compliance issues.

The University of Utah offers a comprehensive benefits package including:

• Excellent health care coverage at affordable rates
• 14.2% retirement contributions that vest immediately
• Generous paid leave time
• 11 paid Holidays per year
• 50% tuition reduction for employee, spouse, and dependent children
• Flex spending accounts
• Free transit on most UTA services
• Employee discounts on a variety of products and services including cell phones & plans, entertainment, health and fitness, restaurants, retail, and travel
• Professional development opportunities

Additional benefits information is available at https://benefits.utah.edu/



Responsibilities
Essential Functions

• Perform comprehensive and independent review of all documents related to clinical trial research study funding, including the research study budget, protocol, contract, informed consent, and other supporting core documents.
• Identify clinical trial research budgetary components.
• Complete coverage analysis to determine if clinical trial is a qualifying clinical trial according to CMS guidelines
• Finalize clinical trial research study budgets and prepare for negotiation process.
• Analyze clinical research study budgets; reconcile monthly against actual principal investigator and coordinator effort and other expenses; and report reconciliation results.
• Review the budget section in clinical trial agreements and provide mentorship to junior staff to set up sponsor invoicing schedule to request reimbursement from sponsors and participant visit schedule to reconcile against capitated payments.
• Review billing processes and analyze billing error trends, report on findings, and issue recommendations for improvement.
• Other duties as assigned.

DisclaimerThis job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.

CommentsWork Environment and Level of Frequency typically requiredNearly Continuously: Office environment.

Physical Requirements and Level of Frequency that may be requiredNearly Continuously: Sitting, hearing, listening, talking.Often: Repetitive hand motion (such as typing), walking.Seldom: Bending, reaching overhead.

Minimum Qualifications
Bachelor's degree in finance, accounting, economics, or a related field, or equivalency (2 years related work experience may be substituted for 1 year of education); two years of related experience; basic understanding of accounting principles, analytical techniques, and statistical methods; working knowledge of spreadsheet applications; and demonstrated human relations and effective communication skills required. A familiarity with maintaining and updating computerized databases and experience in higher education financial areas is preferred.

Preferences
Preferences

• Master's degree in finance or business administration
• Working knowledge of MS Excel and MS Access
• Billing or budgeting database user experience
• Collaborative and customer service oriented
• Ability to digest, interpret and share complex information in digestible ways
• Ability to complete checklists and follow job aids consistently
• Strong problem-solving skills
• Adjusts quickly to new information, processes, and shifts in assignments and priorities
• Ability to translate protocols into budgets and billing plans
• Self-motivated and takes appropriate initiative to research and investigate issues
• Ability to accept guidance and receptive to feedback
• Effective communication skills, both oral and written

Special Instructions


Requisition Number: PRN40544B
Full Time or Part Time? Full Time
Work Schedule Summary: Monday through Friday from 9am-5:30pm.
Department: 00848 - Pediatric Administration
Location: Campus
Pay Rate Range: $39,300 to $68,349
Close Date: 3/6/2025
Open Until Filled:

To apply, visit https://utah.peopleadmin.com/postings/175159


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