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Budget Specialist (Research)
- Childrens Hospital of The King's Daughters (Norfolk, VA)
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+ GENERAL SUMMARY
+ The Budget Specialist administers sponsored research funds, monitors all expenditures and assists investigators in proper use of sponsored research funds. Reports to the Director of Research Administration.
+ ESSENTIAL DUTIES AND RESPONSIBILITIES
+ Grants Accounting Responsibilities:
+ Acts as a liaison with CHKD and study sponsors as requested by Primary Investigator (PI) to assist with budgetary aspects of sponsored study or grant submissions.
+ Works closely with PI, relevant CHKD departments and research staff to generate a grant budget for study sponsor review.
+ Prepares CHKD Impact Statement for submission to the Hospital Research Coordination review committee.
+ Manages budget negotiations between study sponsor, CHKD, and Primary Investigator.
+ Coordinates with research staff completing contract, regulatory, IRB, HRC (Hospital Research Coordination) review, training, and other tasks culminating in Site Initiation of sponsored study.
+ Sets up study tasks in OnCore (or other financial reporting software).
+ Once study is initiated or grant is awarded, reviews all study balances at least once a month to ensure there are adequate funds for study expenses, especially salary and fringe.
+ When applicable, manages amendments to study contracts and budgets when changes occur in the study.
+ Regularly reviews the balances in the internally designated accounts and ensures expenditures charged to these accounts are appropriate expenses.
+ Processes all requisition orders using study funds.
+ Reviews all invoices indicated in Oncore before the invoice is sent to funder.
+ Reviews the monthly Children’s Specialty Group (CSG) accounts regarding which CSG PIs are to receive research study salary support.
+ Departmental Financial/Budget Responsibilities:
+ Reviews all clinical trial financial reports on a monthly basis.
+ Reviews the Accounts Receivable Statistics on a monthly basis.
+ Requests all interdepartmental/ division transfers (IDTs) and cash journal entries.
+ LICENSES AND/OR CERTIFICATIONS
+ None required.
+ MINIMUM EDUCATION AND EXPERIENCE REQUIREMENTS
+ Bachelor’s degree plus 3 years clinical research experience or Master’s degree with related experience preferred.
+ Experience with clinical trial budgets, clinical trial financial management, clinical trial agreements and/or clinical trial management systems (Oncore) preferred.
+ Ability to read, analyze and interpret financial reports and legal documents.
+ Ability to respond to common inquiries from physicians, regulatory agencies or members of the business community.
+ Must be able to effectively present information to leadership.
+ Demonstrates the ability to apply concepts such as fractions, percentages, ratios and proportions to practical situations.
+ WORKING CONDITIONS
+ Normal office environment with little exposure to excessive noise, dust, temperature and the like.
+ PHYSICAL REQUIREMENTS
+ Click here to view physical requirements. (https://www.chkd.org/uploadedFiles/Documents/Employees/Category%20A%20Jobs.pdf )
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