Budget Analyst

Posted:
9/6/2024, 9:22:32 AM

Location(s):
Tennessee, United States

Experience Level(s):
Senior

Field(s):
Finance & Banking

Workplace Type:
Remote

It’s More Than a Career, It’s a Mission.


Our people are the foundation of our success. By joining our growing team at Sarah Cannon Research Institute (SCRI), a subsidiary of McKesson, you will have the opportunity to become part of one of the largest community-based cancer programs to advance oncology treatments and improve outcomes for cancer patients across the globe. We look for mission-driven candidates who have a desire to advance the fight against cancer and make a difference in the lives of patients diagnosed with cancer every day.

Our Mission


People who live with cancer – those who work to prevent it, fight it, and survive it – are at the heart of every decision we make. Bringing the most innovative medical minds together with the most passionate caregivers in their communities, we are transforming care and personalizing treatment. Through clinical excellence and cutting-edge research, SCRI is redefining cancer care around the world.

As the Budget Analyst you will develop and negotiate clinical trial budgets; interpret clinical trial protocols from a financial perspective, negotiate pricing with study Sponsor, and present budget proposals to executive leadership.

  • You will create comprehensive new study budgets in Excel based upon Sarah Cannon and its affiliated sites’ cost and charge information, analyzing each clinical trial protocol in order to provide a detailed counteroffer to the Sponsor's initial budget proposal while delivering on established timeline expectations and metrics surrounding each budget

  • You will negotiate study budgets with Sponsors/CROs in order to result in a favorable overall result for Sarah Cannon and its affiliated sites, while establishing and maintaining effective business relationships for future negotiations

  • You will communicate proactively and solicit input from clinical staff, operations leadership, site leadership, Tennessee Oncology and others in order to receive timely clarification on clinical trial protocol specifics, standard of care, billable items and other nuances affecting the budget

  • You will effectively communicate statuses for all assigned budgets to both clinical and financial executive leadership

  • You will interface with Financial Services teams to understand the requirements and ramifications of budget design on study accruals and receivables, collaborating for issue resolution

  • You will serve as the Site Liaison and direct point of contact for budget questions, queries, and considerations from designated Strategic Sites

  • You will review and process sponsor requests for assigned budget amendments and maintaining status in clinical trial management system

  • You will identify continuous improvement opportunities within the department, collaborating on initiatives to enhance team processes

  • You will serve as process champion for designated workflows and lines of business

  • You will participate in protocol and budget review meetings, site operational meetings, and other pertinent meetings to solicit and share information

  • You will prepare and present all assigned budgets to executive leadership

  • You will collaborate with Contract Analyst to generate final contract for execution

  • You will utilize the clinical trial management system in order to assist with both historical and new study budget input

  • You will maintain current and complete status of study budget creation and negotiation progress in the clinical trial management system.

  • You will use reporting from the clinical trial management system, MicroStrategy, and other sources to manage priorities, follow-ups, and expectations, and to meet established metrics for budget finalization and CTA execution.

Minimum Qualifications:

  • Bachelor’s Degree

  • Proficient in Microsoft Excel, including advanced functions such as VLOOKUP, SUMIF, and other complex formulas.

  • 1 year work experience utilizing basic financial principles, Excel, and other data management tools (e.g. CTMS)

  • Functional knowledge of clinical trials, preferred

  • Analytical decision-making skills

  • Project management capabilities

  • Strong negotiation and professional communication skills

About Sarah Cannon Research Institute


Sarah Cannon Research Institute (SCRI) is one of the world’s leading oncology research organizations conducting community-based clinical trials. Focused on advancing therapies for patients over the last three decades, SCRI is a leader in drug development. In 2022, SCRI formed a joint venture with former US Oncology Research to expand clinical trial access across the country. It has conducted more than 750 first-in-human clinical trials since its inception and contributed to pivotal research that has led to the majority of new cancer therapies approved by the FDA today. SCRI’s research network brings together more than 1,300 physicians who are actively enrolling patients into clinical trials at more than 250 locations in 24 states across the U.S. Please click here to learn more about our research offerings.

We care about the well-being of the patients and communities we serve, and that starts with caring for our people. That’s why we have a Total Rewards package that includes comprehensive benefits to support physical, mental, and financial well-being. Our Total Rewards offerings serve the different needs of our diverse colleague population and ensure they are the healthiest versions of themselves. For more information regarding benefits through our parent company, McKesson, please click here.

As part of Total Rewards, we are proud to offer a competitive compensation package. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.