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As a Clinical Research Budget Coordinator III, you will serve as the Post-Award Lead for the Finance staff of the Clinical Research Office. In this role you will assist and oversee the financial management of study accounts for clinical research studies sponsored by Industry or National Institutes of Health (NIH) as well as Investigator-Initiated trials. You will be responsible for invoicing for study and payment processing for satellite sites. Plan and coordinate strategies for improving efficiency, action plans to improve quality, and training and education of personnel. You will be participating in centralized activities of the department or institution.
As needed, you may assist with developing clinical trial budgets sponsored by industry, NIH and investigator-initiated clinical research. You will critically evaluate research protocols to assess resource needs; assessment includes all research procedures, clinical research staff time, investigator time, and costs from ancillary departments. You will also allocate cost, negotiate budgets and detail budgets.
The Clinical Research Budget Coordinator III, in addition will perform the following duties:
··Responsible for the financial management of study accounts for clinical research studies sponsored by industry or NIH and for Investigator-Initiated trials.
··Monitor study accounts to evaluate that cost details are appropriate and within expected limits and to determine whether proper expenses had been charged.
··Monitor study accounts for any deficits and/or surpluses and determine the best course of action.
··Reconcile accounts receivable and payments. Monitor revenue received and apply payments as appropriate
··Identify amount accrued per executed clinical trial agreement
··Issue and submit invoices for both protocol-related items and patient-related expenses per the executed contract
··Issue internal invoices for staff time and effort allocation into study accounts
··Work closely with Sponsors and clinical teams to resolve queries regarding invoices and/or payments due
··Financial closure of study accounts; negotiate with Sponsors the final payment due for account closeout
··Assist in identifying quality and performance improvement opportunities and work with management to lead the development of new (or improvement of existing) processes, policies or standard operating procedures.
··You will lead trainings, education, onboarding and mentorship to other personnel and supervises other budget coordinators.
··Using various software applications, such as spreadsheets, relational databases, statistical packages, and graphics packages to build, manipulate and/or format data and/or reports.
··Analyze financial data and extracts and defines relevant information; interprets data for the purpose of determining past financial performance and/or to project a financial probability.
··Use astute financial analysis techniques to provide practical proposals to influence business results.
··Assist with business software launches, implementation or optimization.
··You will serve as point of contact for junior staff and for fiscal related questions and would engage management as appropriate.
··As needed and in collaboration with the Principle Investigators, you may develop clinical trial budgets and negotiate trial budgets with industry sponsors by using business analytics.You may review and approve internal and/or satellite site budgets.
··You may critically evaluate research protocols to assess resource needs/costs and determine whether research procedures in the protocol are standard-of-care or a research-related cost in order to correctly classify expenses.
··In collaboration with the CSMC office of Sponsored Research, you may work on developing final budgets for clinical trials and research projects.
Since its beginning in 1902, Cedars-Sinai has evolved to meet the healthcare needs of one of the most diverse regions in the nation, continually setting new standards in quality and innovation in patient care, research, teaching and community service. Today, Cedars-Sinai is widely known for its national leadership in transforming healthcare for the benefit of patients.Cedars-Sinai is one of the largest nonprofit academic medical centers in the U.S. with 886 licensed beds, 2,100 physicians, 2,800 nurses and thousands of other healthcare professionals and staff. Clinical programs range from primary care for preventing, diagnosing and treating common conditions to specialized treatments for rare, complex and advanced illnesses. In addition, Cedars-Sinai serves the community through its Medical Network, which includes the highly rated Cedars-Sinai Medical Group and Cedars-Sinai Health Associates. Cedars-Sinai has consistently been named one of America’s Best Hospitals by U.S. News & World Report, has received the National Research Corporation’s Consumer Choice Award 18 years in a row for providing the highest quality medical care in Los Angeles, and has the longest running Magnet desig...nation for nursing excellence in California. Cedars-Sinai is a leader in the clinical care and research of heart disease, cancer and brain disorders, among other areas. Pioneering research achievements include using cardiac stem cells to repair damaged hearts, developing minimally invasive surgical techniques and discovering new types of drugs to target cancer more precisely. Cedars-Sinai also impacts the future of healthcare through education programs that encompass everything from highly competitive medical residency and fellowship programs to a biomedical science and translational medicine PhD program, advanced training for nurses and educational opportunities for allied health professionals. Most notably, Cedars-Sinai demonstrates a longstanding commitment to strengthening the Los Angeles community through wide-ranging programs that improve the health of its most vulnerable residents.