Job Description:

• Oversees industry sponsored clinical research revenue and expenditures in partnership with departmental Executive Administrators, departmental clinical research managers/directors, BSD Finance, and other key stakeholders.
• Provide leadership and oversight in the execution and negotiation of clinical trials budgets, master clinical trial rate cards and pricing agreements, and other related agreements.
• Oversee the development and adoption of clinical research financial policies and procedures across the division.
• Serves as a point of contact for clinical trial budgeting, financial management, and compliance. Acts as a key resource for clinical trial financial management across the division.
• Oversees clinical research budget planning in partnership with departments and service lines and BSD finance.
• Act as business owner in the development of software and technology solutions to enhance the support of clinical trial finance; design and oversee training on new finance systems for clinical research finance; ensure appropriate implementation and usage of systems to support clinical research finance.
• Responsible for the creation and delivery of education and training to support the professional development and quality of work for clinical research budgeting and financial management staff across departments and units.
• In partnership with the Assistant Dean and Dean for Clinical Research, develops long- and short-term plans to achieve financial goals, business strategies/plans, and financial forecasts/models for the clinical research enterprise.
• Manages employee(s) through direct and indirect reporting relationships. Supports clinical trial financial management workforce planning, training, assessment, and succession.
• Develops and implements scalable systems, processes, and analytics to measure and constantly improve clinical research financial operations. Establishes and tracks performance goals.
• Implement best practices to ensure that the management of all clinical trial and program support accounts are in compliance with federal, state, divisional, and university policies and procedures.
• Develop divisional tools for clinical trial budget/contract volumes, timelines, and financial monitoring for executive reporting.
• Serves as an experienced liaison interacting with financial administrators within operational units on financial, budget or accounting matters to prepare, advise and recommend.
• Conducts quantitative and qualitative analyses to monitor and manage for expense optimization by identifying market drivers, enhance strategies, or improve revenue generation.
• Analyze, organize and communicate business information to ensure deliverables are meeting or exceeding expectations.
• Performs other related work as needed.

Preferred Qualifications

Education:

• MBA or advanced degree in finance, accounting, business administration, public policy, not-for-profit administration, or a related field.

Experience:

• Oversight and leadership of clinical trial budget development, negotiations, and financial management in a large and complex academic medical center.
• Directly supervising staff.
• Clinical trial budget development, negotiations, and financial management.
• Negotiating budgets and payment terms with industry and non-federal Sponsors.
• Financial and systems and processes.
• Identifying, supervising, and mentoring staff.

Licenses and Certifications:

• CPA certification
• SOCRA or other clinical research certification

Preferred Competencies

• Senior-level skills in financial and data analysis, modeling, forecasting, and formulating long-term strategic plans.
• Extensive knowledge of CPT codes, Medicare coverage analysis, research billing compliance, and regulation governing human subjects.
• Demonstrated success with project management using exceptional organizational skills.
• Strong commitment to success of the team, ability to cooperate with others across boundaries and engage with colleagues respectfully to get things done.
• Exceptional interpersonal and problem-solving skills.
• Outstanding critical thinking skills.
• Meticulous attention to detail.
• Ability to move efficiently, navigate ambiguity, and collectively make an impact.
• Mastery of critical leadership competencies and behaviors and demonstrated decisiveness.
• Model institutional cultural values and attributes.
• Work on multiple projects simultaneously, set priorities, and meet aggressive deadlines.
• Grasp the big picture and institutional goals to integrate into the facilities operation and capital programs.
• Strategic mindset with the ability to think through complex challenges, develop collaborative solutions, and execute in ways that align with the organization's core values and strategic objectives.
• Excellent interpersonal, communication, and presentation skills, both written and verbal.
• Analyze highly technical documents.
• Synthesize highly complex data from multiple sources.
• Provide data and business analytics through polished reports and presentations.
• Strong negotiation and finance skills.

Working Conditions

• Office Environment

Application Documents

• Resume (required)
• Cover Letter (preferred)

The University of Chicago is an Affirmative Action/Equal Opportunity/Disabled/Veterans Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national or ethnic origin, age, status as an individual with a disability, protected veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.

Staff Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via the Applicant Inquiry Form.

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