Budget specialist I

As a leading global contract research organization (CRO) with a passion for scientific rigor and decades of clinical development experience, Fortrea provides pharmaceutical, biotechnology, and medical device customers a wide range of clinical development, patient access, and technology solutions across more than 20 therapeutic areas. Conducting operations in ~100 countries, Fortrea is transforming drug and device development for partners and patients across the globe.

Job Overview:

Prepares country site budgets and study financial appendices, assists with Site Budget negotiation with potential support of the line manager or senior staff. Maintains and contributes to budget tracking and status systems. Contributes to the management of certain financial aspects of a study related to site payments and may be required to report/communicate with clients. Responsible for following SOPs including but not limited to departmental SOPs, as well as completing study related duties in accordance with the processes set forth in the relevant process document.

Summary of Responsibilities:

• Responsible for adherence to standard operating procedures (SOPs).
• Manages assigned country budget related activities in a professional manner, with careful compliance with internal processes and procedures, or otherwise according to specified Sponsor requirements.
• With support, responsible for management of certain financial aspects of clinical studies including but not limited to supporting Project Directors with post-award study budget estimates and review of proposals and elaborating simple investigator grants, monitoring budgetary aspects for all sites, liaise with internal and, if required, external teams regarding agreement/budget details and timelines to ensure quick approval of country budgets.
• With support, develops baseline site country budgets, supports site specific budget preparation, deliver study specific budget training, reviews and approves site budgets, and processes Fortrea financial language/appendix in site agreements in a commercially reasonably manner that protects Fortrea’s fundamental interests and in accordance with departmental practices and policies.
• Responsible for the timely updating of the departmental contract tracking system.
• Provides management with regular status updates, collaborate with study team to avoid delays, identifies, and escalates issues (as defined in departmental processes) that must be escalated to line manager, project management staff, Business Development staff, Budgets and Proposals staff or higher management as necessary to minimize delays and to facilitate the prompt conclusion of site budget negotiations.
• Provides support to other Site Agreement staff and assists internal staff with site budget inquiries as required.
• Facilitates the internal review/sign off process of budget/financial appendix within the site agreements.
• Support line manager with departmental goals, objectives and initiatives as assigned in a positive and flexible way.
• Complies with and fulfils corporate requirements of the position including, inputting activities in Timesheets, conducting all required training and documenting training in training systems, and preparing and submitting any company expense reports for reimbursement in a timely manner.
• Perform other duties as required by the Department such as reporting requests, database creation and maintenance, etc.
• All other duties as needed or assigned.

Qualifications (Minimum Required):

• University-level degree preferred.
• Fortrea may consider relevant and equivalent experience in lieu of educational requirements.

Experience (Minimum Required):

• Minimum 0 - 2+ years of experience, or an equivalent combination of education and experience to successfully perform the key responsibilities of the job.

Fortrea is actively seeking motivated problem-solvers and creative thinkers who share our passion for overcoming barriers in clinical trials. Our unwavering commitment is to revolutionize the development process, ensuring the swift delivery of life-changing ideas and therapies to patients in need. Join our exceptional team and embrace a collaborative workspace where personal growth is nurtured, enabling you to make a meaningful global impact. For more information about Fortrea, visit www.fortrea.com.

Fortrea is proud to be an Equal Opportunity Employer:

As an EOE/AA employer, Fortrea strives for diversity and inclusion in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications of the individual and do not discriminate based upon race, religion, color, national origin, gender (including pregnancy or other medical conditions/needs), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. We encourage all to apply.

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