Director, Clinical Budget Management

Job Description

General Summary:

The Clinical Budget Management Director oversees the Clinical Budget Analyst team in Global Clinical Operations. This role leads the group responsible for broader financial understanding or insight into defined clinical projects and will have direct responsibility for the financial health of clinical studies. This role liaises between Clinical Operations, Outsourcing and Finance, providing oversight support for invoicing and overall study budgets, and provides valuable analysis and metrics to help improve the financial management of clinical studies.

Key Duties and Responsibilities:

• Overall management, onboarding and training of the Clinical Budget Analysts
• Mentor and train junior staff and provide training opportunities for cross functional teams as needed
• Ensures study level budget activities are completed consistently and accurately across the team; provides input on scenario planning and forecasting analyses
• Ensures any budget risks or opportunities are appropriately cascaded to the Clinical Budget Disease Area Leads, Finance and other cross functional areas as needed
• Creates routine, consistent and standardized approach to reconciliations and defines escalation paths
• Understands Governance structure, timing and requirements and prioritizes budget activities as needed with the team
• Address any training needs identified by the Change Control SME and support continued compliance with key expectations
• Identify needs for automation, tools and AI/Bots to help support future scalability alongside the Clinical Budget Management team
• This is not an exhaustive, comprehensive listing of job functions. Other duties may be performed as assigned.

Preferred Education and Experience:

• Requires 8-10 years of work experience in a bio-pharmaceutical field and 5 years of supervisory/financial management experience
• You have a BA/BS degree (Finance or Business is preferred)
• You have experience with clinical trial budgets or clinical trials
• You are a critical thinker and detail oriented.
• You have excellent communication skills both in person and in writing.

Pay Range:

Disclosure Statement:

The range provided is based on what we believe is a reasonable estimate for the base salary pay range for this job at the time of posting. This role is eligible for an annual bonus and annual equity awards. Some roles may also be eligible for overtime pay, in accordance with federal and state requirements. Actual base salary pay will be based on a number of factors, including skills, competencies, experience, and other job-related factors permitted by law.

At Vertex, our Total Rewards offerings also include inclusive market-leading benefits to meet our employees wherever they are in their career, financial, family and wellbeing journey while providing flexibility and resources to support their growth and aspirations. From medical, dental and vision benefits to generous paid time off (including a week-long company shutdown in the Summer and the Winter), educational assistance programs including student loan repayment, a generous commuting subsidy, matching charitable donations, 401(k) and so much more.

Flex Designation:

Flex Eligibility Status:

In this Remote-Eligible role, you can choose to be designated as:
1. Remote : work remotely five days per week and come into the office on occasion – you’re always welcome on-site; or select
2. Hybrid : work remotely up to two days per week; or select
3. On-Site : work five days per week on-site with ad hoc flexibility.

Note: The Flex status for this position is subject to Vertex’s Policy on Flex @ Vertex Program and may be changed at any time.

#LI-Remote

Company Information

Vertex is a global biotechnology company that invests in scientific innovation.

Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.

Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager, or contact Talent Acquisition at [email protected]