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Penn State Job Catalog

Clinical Research Budget Analyst – Intermediate Professional (PSU0706)

Additional Levels

Additional levels that exist for this job profile can be seen below.
Missing levels within the leveling matrix can be added based on business need.

Job Summary and Representative Duties

The Clinical Research Budget Analyst within the College of Medicine supports the financial and operational success of clinical research initiatives across oncology and non-oncology programs; is responsible for developing, analyzing, and negotiating clinical research budgets and payment terms for contract and grant proposals; contributes to the accurate design and configuration of clinical studies within the Clinical Research Management System (CRMS/CTMS), ensuring alignment with approved protocols, billing compliance, and optimal financial stewardship; serves as an expert resource, delivering training and guidance to investigators, research staff, and institutional partners on clinical research financial management practices.

  • Lead and support the development of clinical research budgets, creating initial operating budgets and alternative financial scenarios across industry, federal, non-profit, and investigator-initiated studies
  • Review research protocols and supporting documents; gather vendor quotes; prepare detailed internal cost estimates
  • Collaborate with investigators, research teams, and financial analysts to identify study-specific operational considerations and feasibility concerns
  • Coordinate proposal submissions and contract negotiations with the Office of Research Affairs (ORA)
  • Maintain up-to-date knowledge of sponsor requirements, funding agency guidelines, CMS billing regulations, and compliance standards; advise faculty and staff on appropriate budget practices
  • Evaluate and negotiate a wide range of complex agreements, including federal, international, and industry-sponsored contracts
  • Negotiate terms of Master Clinical Trial Agreements in partnership with ORA
  • Consult with ORA, research accounting, risk management, and legal counsel to address contractual nuances and ensure institutional and regulatory compliance
  • Communicate negotiated terms to investigators and study teams, providing clear guidance on obligations and compliance requirements through ongoing post-award support
  • Translate study protocols and finalized budgets into structured CRMS study builds, supporting accurate billing, visit tracking, and financial oversight
  • Maintain and update CRMS records throughout the lifecycle of each study to reflect protocol amendments, budget modifications, or operational changes
  • Partner with patient financial services, research teams, and post-award analysts to troubleshoot and resolve research billing concerns
  • Provide mentorship and supervision to junior analysts, offering coaching on budgeting techniques, negotiation strategies, and best practices for clinical research financial management
  • Serve as a subject matter expert for colleagues involved in pre-award and post-award processes, supporting process improvement and consistency across the department
  • Develop and deliver educational programs, presentations, and workshops on clinical research administration topics to faculty and research staff
  • Conduct individualized training sessions with investigators and research personnel across departments to support study-specific needs and enhance research administration competencies

Level Matrix

Level:
Intermediate Professional
Base Description:
– Completes activities, tasks, and/or projects of a functional nature.
Level Summary:
– Demonstrates ability to perform intermediate tasks in defined skill areas. Demonstrates intermediate knowledge of internal procedures. Works under general supervision, performing assignments that may be varied and sometimes difficult. Supports team decisions and follows through with team responsibilities. Interprets and communicates information clearly and accurately. Demonstrates intermediate problem–solving skills.
Supervisory Responsibilities:
– May serve as direct supervisor for part–time, student, and/or temporary workers or volunteers
Fiscal Responsibilities:
– May validate and pay invoices
Problem Solving:
– Encounters generally routine problems; occasionally faces more complex and/or varied problems
– Typically follows recommended course of action and procedures to resolve problems
– Applies knowledge of larger unit goals, priorities, and related procedures in determining course of action
Independence of Action:
– Work is generally monitored by supervisor
– Detailed instructions and procedures are generally provided
– Uses available guidelines to make appropriate adaptations to routine situations and refers other situations to supervisor
Communication and Collaboration:
– Communicates internally within working unit and/or the University
– May communicate with external audiences
– Collaborates closely with team members
– Interprets and communicates information, ideas and instructions clearly and accurately both verbally and in written materials intended for distribution
Salary Structure
  • Comp Grade – 9
  • Minimum – $56,200.00
  • MidPoint – $68,800.00
  • Maximum – $81,500.00
Critical Skills
  • Budget Management
  • Collaboration
  • Continuous improvement
  • Contract negotiation
  • Cost management
  • Data Analysis
  • Data integrity
  • Financial Risk Management
  • Medical billing
  • Mentorship
  • Project Management
  • Regulatory compliance
  • Stakeholder engagement
  • Training design
FLSA Exemption Status
Exempt
Minimum Education
Bachelor's Degree
Minimum Experience
1+ years of relevant experience
Equivalency
An equivalent combination of education and experience accepted