Manager - Clinical Trials Financial Operations
Job description
Manager – Clinical Trials Financial Operations
Summary
Under the general direction of the Director of Clinical Trials Office, the Manager of Clinical Trials Financial Operations will plan and implement strategic direction for the Clinical Trials Financial Operations department. This position is responsible for the overall clinical research financial management for MaineHealth. This role will direct the work of the Clinical Trials Financial Operations staff, manage program resources and ensure the financial success of individual and program level projects.
Minimum Knowledge, Skills, and Abilities Required
- Bachelor’s Degree required and 5 to 7 years of experience or an equivalent combination of education and experience required.
- Master’s Degree preferred, preferably in business administration, accounting, finance, or equivalent experience.
- Five to seven years of progressively greater responsibility with experience in one or more of the following areas: clinical research operations, hospital and professional billing, grants management and finance.
- Proven ability to interact with all levels of senior leadership internal and external to the organization.
- Strong knowledge of financial management, healthcare billing and reimbursement, financial systems, and facilities.
- Ability to manage multiple responsibilities in a time-sensitive manner while working effectively with diverse internal and external constituencies.
Essential Functions
Operations Management
- Monitor the success of clinical trials throughout the research financial life cycle.
- Management of Clinical Trial portfolios for individual investigators, Departments, Divisions, Sites and the Institution.
- Plays a key role in the determination of feasibility and likelihood of success for a clinical trial by assisting with logistics and other factors relating to the success of a clinical trial.
- Develop reports to evaluate performance of clinical trial projects, portfolios, and programs.
- Conduct regular meetings with investigators and leadership to review financial performance of studies and portfolios.
- Identify key performance indicators to drive the success of clinical trials and programs.
- Manage and provides oversight for implementation and use of the Clinical Trials Management System and adherence to billing compliance.
- Provide oversight ensuring that the routine financial and business operations of the Clinical Trials Office are conducted in an efficient, effective and compliant manner.
- Plays a key role in the development or revision of policies and procedures, with the focus on those that guide the operations of the financial aspects of the Clinical Trials Office.
Supervision
- Manage and supervise direct reports.
- Performs all functions of personnel management.
- Develop educational materials and conduct training of Clinical Trial Budget Analysts and new Clinical Trials Business Managers.
Collaboration
- Works closely with the Director to ensure that initiatives to increase the efficiency and compliance of the financial aspects of Clinical Trials are implemented.
- Works with investigators to identify opportunities for funding of clinical trials.
- Works closely with potential industry and community sponsors to identify opportunities beneficial to MaineHealth’s clinical trials program.
- Works with investigators to find creative ways to advance research goals while meeting financial needs and challenges.
- Works collaboratively with Accounting, Medicare Coverage Analysts, Billing Compliance, Grants and Contracts to find ways to improve the startup, conduct and financial closeout of clinical trials.
- Works with CTO leadership and staff to find new ways to improve processes and procedures.
- Collaborate with the team on necessary updates to the Clinical Trials Management System to support the efficient and compliant conduct of Clinical Trials.
- Represents the Clinical Trials Office on relevant institutional committees and workgroups for which the focus is directly related to the position’s primary responsibilities.
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