Senior Clinical Study Budget
2 days ago
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
RESEARCH INSTITUTE OF THE MUHC
The Research Institute of the McGill University Health Centre (RI-MUHC) is a world-renowned biomedical and hospital research centre. Located in Montreal, Quebec, the Institute is the research arm of the McGill University Health Centre (MUHC) affiliated with the Faculty of Medicine at McGill University. The RI-MUHC is supported in part by the Fonds de recherche du Québec - Santé (FRQS).
Position 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.
General Duties
Reports to: CIM Director
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 (fair market value) sources for audit readiness,
- Collaborates with various RI department as required (Study teams, Grant office etc.),
- Advice the contract office, as required, 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 uses 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 & II & 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.
Website of the organization
Education / Experience
Education: Bachelor's or Master's Degree.
Field of Study: Finance, Business, Health Administration, or related field.
Work Experience: 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 time
Pay Scale
: $55,692.00 to $103, Commensurate with education & work experience.
Work Shift
: 8:30 a.m. to 4:30p.m., Mondays to Fridays (35hours/week).
Work Site
: Glen Site and Montreal General Hospital.
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If you wish to include a cover letter, please attach it with your resume in one document.
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Why work with us?
- 4-week vacation, 5th week after 5 years,
- Bank of 12 paid days (personal days and days for 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 and much more
To learn more about our benefits, please visit
THIS IS NOT A HOSPITAL POSITION.
Equal Opportunity Employment Program
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/visible minorities, 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,
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