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 difference Job Description 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. Responsibilities Budget Development & Coverage Analysis (45%) Translate protocols into detailed, structured budgets aligned with FMV benchmarks Perform coverage analyses to identify sponsor-billable versus standard-of-care procedures Use standard medical coding systems (diagnosis and procedure codes) to classify and benchmark costs for research budgeting Ensure budgets incorporate overhead, staffing, and institutional cost recovery requirements Document coverage analysis decisions and FMV sources for audit readiness Collaborate 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 sponsors Ensure 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 team Sponsor Negotiation (45%) Serve as lead negotiator with sponsors for complex/high-value studies, including Phase I‑III studies (oncology & non‑oncology) Defend institutional costs using FMV data, coverage analysis rationale, and historical benchmarks Secure favorable payment schedules, upfronts, and minimize holdbacks Track and report negotiation KPIs (cycle time, variance from sponsor offer, percentage of cost recovery) Documentation, Compliance & Insights (10%) Maintain FMV and coverage analysis documentation library for audits and sponsor reviews Analyze negotiation outcomes and update internal pricing models Provide negotiation trend insights to Management and support continuous improvement Education & Experience Bachelor’s or Master’s Degree in Finance, Business, Health Administration, or related field. 5+ years in clinical trial budget development and sponsor/CRO negotiation. Required Skills Advanced knowledge of FMV principles, coverage analysis, and clinical research operations Working knowledge of standard medical coding systems (diagnosis and procedure codes) for benchmarking costs in research budgeting Proven negotiation outcomes with measurable KPIs (cycle time, cost recovery margins) Strong communication and diplomacy skills; bilingual (English/French) preferred Additional Information Status: Full timePay Scale: $55,692.00 to $103,412.40 (commensurate with education & work experience)Work Shift: 8:30 a.m. to 4:30 p.m., Monday–Friday (35 hours/week)Work Site: Glen Site and Montreal General Hospital Benefits 4-week vacation, 5th week after 5 years 12 paid personal days (including sickness or family obligations) 13 paid statutory holidays Modular group insurance plan (including gender‑affirmation coverage) Telemedicine RREGOP defined benefit government pension plan Training and professional development opportunities Child Care Centres Corporate discounts (OPUS + Perkopolis) Competitive monthly parking rate Employee Assistance Program Recognition Program Flex work options Equal Opportunity Employment The 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 racialized groups, women, Indigenous persons, persons with disabilities, ethnic minorities, and 2SLGBTQIA+ persons. We also welcome candidates with the skills and knowledge to productively engage with diverse communities. Persons with disabilities who anticipate needing accommodations for any part of the application process may confidentially contact research.talent@muhc.mcgill.ca Website https://rimuhc.ca/en #J-18808-Ljbffr