Budget Analyst
Job Summary
Under general direction, the Budget Analyst creates and maintains various databases; prepares routine and ad hoc financial reports/analyses; monitors financial activity; prepares budgets; assist with maintenance and development of reporting systems. Prepares invoices and maintains accounts receivable records for external contractors; prepares monthly faculty productivity reports. Develops, prepares, and administers contracts, bids, and proposals that meet specifications and comply with all policies and regulations. Supports or participates in contract negotiations with suppliers, partners, or customers. Ensures all one time start up and pass-through fees are accounted for. Reviews contract terms to identify any potential risk or compliance issues. Examines supporting materials and agreement documents related to bids or contracts and provides guidance. Acts as liaison between the organization and subcontractors to implement the contracts. Maintains contract records used to ensure compliance with reporting and regulatory requirements.
This role is available for hybrid or remote work in the following states: Alabama, Arizona, California, Colorado, Illinois, Indiana, Kansas, Maine, Massachusetts, Michigan, Minnesota, Missouri, New Jersey, North Carolina, Ohio, Oklahoma, Rhode Island, Tennessee, Texas, Utah, Virginia, West Virginia, and Wisconsin.
Job Duties
- Ensures the verification of indirect costs, professional and technical fees are correctly applied, and all one-time startup and pass-through fees are accounted for.
- Validates Investigator and Study Team effort is appropriately included and accounted for.
- Works with sponsors iteratively to negotiate budgets (provided by sponsor vs. updated based on local patient and non-patient costs).
- Creates and maintains various databases and prepares routine and ad hoc financial reports / analysis for various levels of leadership need.
- Responsible for proper invoicing procedures and maintains proper accounts receivable records with adherence to necessary routine and ad hoc reporting needs.
- Performs other duties as assigned.
Knowledge, Skills, and Abilities
- Excellent interpersonal and relationship building skills
- Effective communicator with ability to tailor messages appropriately to a desired audience
- Knowledge of business, budget, and financial processes, and practices
- Knowledge of financial guidelines and terminology
- Planning/organizational skills
- Detail-oriented
- Ability to exercise sound judgment in complex situations
- Strong analytical skills and proficient in business applications (Excel, Word, PowerPoint etc.)
Minimum Qualifications
Bachelors degree; supplemented with three (3) years of budgetary experience in an Academia or a clinical research setting required.
Proven track record in working with Principal Investigators and payment setup processes.
The salary range for this position is $57,000 – $80,000 pay will be dependent on experience and qualifications. In addition to competitive pay, this role includes a comprehensive benefits package as part of being a valued staff member at Saint Louis University.
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