Senior Clinical Study Budget

Senior Clinical Study Budget & Contract Negotiation Specialist - CIM (Research Institute)Do you want to work for a world‑renowned research institute that pushes the boundaries of biomedical science and health research? Right here in Montreal At the Research Institute of the McGill University Health Centre (RI‑MUHC), you can be part of an organization focused on scientific discovery and innovation in patient‑centered medicine. Join us today and make a differenceOverviewPosition Summary: The incumbent will lead the development and negotiation of complex, high‑value study budgets. They ensure that budgets comprehensively capture all costs, adhere to Fair Market Value (FMV) benchmarks, and include precise coverage analyses distinguishing sponsor‑billable procedures from standard‑of‑care services. This role involves significant negotiation responsibilities and serves as the primary financial liaison to sponsors during budget discussions.ResponsibilitiesTranslate protocols into detailed, structured budgets aligned with FMV benchmarksPerform coverage analyses to identify sponsor‑billable versus standard‑of‑care proceduresUse standard medical coding systems to classify and benchmark costs for research budgetingEnsure budgets incorporate overhead, staffing, and institutional cost recovery requirementsDocument coverage analysis decisions and FMV sources for audit readinessCollaborate with various RI departments as required (Study teams, Grant office, etc.)Advise the contract office to ensure that legal clauses are included in the final contract agreement with sponsorsEnsure service level agreements are in place with the PI’s who use the CIM (full or partial service)Support the budget review of the PI‑initiated clinical studies and work closely with the pre‑award teamServe as lead negotiator with sponsors for complex/high‑value studies, including Phase I, II, and III studies (oncology & non‑oncology)Defend institutional costs using FMV data, coverage analysis rationale, and historical benchmarksSecure favorable payment schedules, upfronts, and minimize holdbacksTrack and report negotiation KPIs (cycle time, variance from sponsor offer, percentage of cost recovery)Maintain FMV and coverage analysis documentation library for audits and sponsor reviewsAnalyze negotiation outcomes and update internal pricing modelsProvide negotiation trend insights to Management and support continuous improvementQualificationsEducation: Bachelor’s or Master’s Degree in Finance, Business, Health Administration, or a related field.Experience: 5+ years in clinical trial budget development and sponsor/CRO negotiation.Required Skills:Advanced knowledge of FMV principles, coverage analysis, and clinical research operationsWorking knowledge of standard medical coding systems for benchmarking costs in research budgetingProven negotiation outcomes with measurable KPIs (cycle time, cost recovery margins)Strong communication and diplomacy skills; bilingual (English/French) preferredBenefits4‑week vacation, 5th week after 5 yearsBank of 12 paid days (personal days and days for sickness or family obligations)13 paid statutory holidaysModular group insurance plan (including gender affirmation coverage)TelemedicineDefined benefit government pension plan (RREGOP)Training and professional development opportunitiesChild care centresCorporate discounts (OPUS + Perk‑polis)Competitive monthly parking rateEmployee Assistance ProgramRecognition ProgramFlex work options and much moreEqual Opportunity EmploymentThe Research Institute of the McGill University Health Centre hires on the basis of merit and is strongly committed to equity, diversity, and inclusion within its community. We welcome applications from all qualified candidates who self‑identify as members of racialised groups/visible minorities, women, Indigenous persons, persons with disabilities, ethnic minorities, and 2SLGBTQIA+ persons. Persons with disabilities who anticipate needing accommodations for any part of the application process may confidentially contact research.talent@muhc.mcgill.ca. #J-18808-Ljbffr