Job Description
The Clinical Trial Finance Associate plays a key role in supporting the financial oversight of our clinical programs. Reporting to the Clinical Operations team, this individual will ensure that clinical trials are accurately budgeted, tracked, and reported. The role involves close collaboration with cross-functional teams, including Clinical Operations and Finance, to support the financial management of ongoing and planned clinical trials.
This is a contract-based position (50% FTE / half-time), with location preference in London, UK, or in Boston, MA. This role has remote flexibility.
Responsibilities
- Collaborate with Clinical Operations to develop, manage, and track clinical trial budgets and forecasts.
- Monitor trial spends and identify, investigate, and explain budget variances.
- Review vendor invoices and investigator site payments for accuracy and compliance with contracts.
- Maintain up-to-date financial trackers and accrual reports across multiple clinical studies.
- Support preparation of monthly and quarterly financial summaries and variance analyses.
- Provide financial input during vendor selection, contract negotiations, and change order reviews.
- Interface with Finance and Accounting for accruals, invoicing, and financial reporting.
- Manage site invoices and facilitate on-time payments.
Qualifications and Education
- Bachelor’s degree in Finance, Accounting, Life Sciences, Business Administration, or related field.
- Minimum of 5+ years of experience in clinical trial finance or operations within the biotech or pharma environment.
- Strong understanding of clinical trial budgeting, forecasting, and financial tracking.
- Experience with clinical trial management platforms (e.g., Auxilius, ClinPay)
- Familiarity with clinical trial contracts and payment terms.
- Proficiency in Microsoft Excel and financial management tools; experience with ERP systems (e.g., NetSuite, SAP)
- Strong attention to detail, organizational skills, and ability to manage multiple priorities.
- Excellent communication and interpersonal skills
