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Sr. Clinical Trial Budget Specialist Job

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Date: Nov 10, 2021

Location: Arden Hills, MN, United States, 55112

Company: Boston Scientific

Additional Locations:


Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance

At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.


The Sr. Clinical Trial Budget Specialist- Remote


About this role:

The Sr. Clinical Trial Budget Specialist supports the Global Clinical Operations Center of Excellence, conducting activities consistent with the mission of Global Clinical Operations to inform, connect and advance the company's Global Clinical Organization. Through coordination with Business Unit Liaisons and Business Unit Clinical Trial / Study Managers, the Budget Analyst conducts clinical trial site start-up activities related to the preparation of fair market value analyses and clinical study budgets in collaboration with BSC Legal.  The analyst completes these activities ensuring they are carried out consistent with service level agreements, legal and regulatory standards, and applicable company policies and procedures. This position is remote but the person will need to be able to work  US, Eastern Time zone hours.


Your responsibilities will include:

  • Work independently and proactively using the study protocol and fair market value databases to complete study specific budgets
  • Familiarity with diagnosis codes and medical coding practices
  • Manage large portfolio of budget related activities across several studies and division portfolios
  • Coordinate with the Business Unit Liaison and clinical study teams to continually prioritize budget reviews as new information and/or considerations are introduced to keep pace with the overall service level targets  
  • Provide updates to the BU Liaison with the purpose of informing the BU on overall study spend commitments
  • Develop and foster relationships to become a subject matter expert in the budget creation process
  • Maintain and stay current with divisional clinical study team priorities as applicable to active contracting and budget finalization timelines  
  • Ability to critically review budget negotiations with clinical research sites to authorize escalations outside of fair market value
  • Develop, prepare, complete and track required budget documentation
  • Update and maintain study-specific startup trackers as it relates to budget details
  • Oversee vendor KPI metrics on accuracy and timeliness of budget reconciliations and global spend transparency reporting
  • Update and maintain budget information in Clinical Trial Management Systems as required
  • Escalate risks and/or initiate outreach to SSU COE leadership, divisional clinical study leads and/or other stakeholders when appropriate
  • Ensure compliance with appropriate regulatory (ICH/GCP, FDA, IRB/EC, etc.) and internal SOPs/WI, policies & procedures


What we’re looking for in you:

Required Qualifications

  • Bachelor’s Degree, or an equivalent combination of experience and education
  • 5+ years’ experience in clinical/scientific research and medical device experience, specifically worldwide clinical budget development experience
  • Experience working with clinical research centers
  • Experience working with clinical trial management systems (e.g. Siebel CTMS) and clinical document control systems / eTrial Master Files
  • Experience following standard operating procedures (SOP) and work instructions (WIs) in a quality environment
  • Ability to multi-task: support several studies and/or personnel simultaneously, work in a very fast-paced environment



Requisition ID: 512348


As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most – united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do – as a global business and as a global corporate citizen.


So, choosing a career with Boston Scientific (NYSE: BSX) isn’t just business, it’s personal. And if you’re a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!


At Boston Scientific, we recognize that nurturing a diverse and inclusive workplace helps us be more innovative and it is important in our work of advancing science for life and improving patient health. That is why we stand for inclusion, equality, and opportunity for all. By embracing the richness of our unique backgrounds and perspectives, we create a better, more rewarding place for our employees to work and reflect the patients, customers, and communities we serve. Boston Scientific is proud to be an equal opportunity and affirmative action employer.


Boston Scientific maintains a drug-free workplace. Pursuant to Va. Code § 2.2-4312 (2000), Boston Scientific is providing notification that the unlawful manufacture, sale, distribution, dispensation, possession, or use of a controlled substance or marijuana is prohibited in the workplace and that violations will result in disciplinary action up to and including termination.


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