About This Role:
As a Payment Specialist in Clinical Trial Financial Operations - Pharma/Biotech, you will play a crucial role in the management of investigator payments, ensuring timeliness, accuracy, and compliance with clinical trial agreements. Situated within the Site Contracts Management team, you will lead interactions with study teams, budget hubs, and EDC functional groups to set up and manage payments effectively. Your role will involve drafting and finalizing payment terms, leading monthly reporting meetings with payment vendors, and resolving payment disputes to support our clinical trials. The value of this position lies in its impact on the seamless execution of payments, which is vital for the success of our clinical studies. By ensuring proper funding and resolving queries swiftly, you will contribute significantly to the operational efficiency and financial integrity of our clinical trials.
What You’ll Do:
- Lead monthly study payment reporting meetings with payment vendors to ensure timely payments.
- Collaborate with study teams and functional groups to identify and resolve payment issues.
- Review payment actuals and work with vendors to ensure compliance with CTAs.
- Draft and finalize payment terms in the CTA Financial Appendix.
- Support study teams during CTA negotiations and query resolution.
- Liaise with payment vendors to resolve disputes and provide necessary clarifications.
- Ensure study funding is available and managed in accordance with the funding process.
- Develop an understanding of vendor data capabilities to efficiently resolve queries.
Who You Are:
You are a detail-oriented professional with a passion for financial operations and a keen eye for accuracy. You thrive in collaborative environments, working seamlessly with various teams to achieve common goals. Your strong organizational skills enable you to handle multiple tasks efficiently, prioritizing them effectively to meet tight deadlines. You possess excellent communication skills, allowing you to convey complex information clearly and resolve conflicts amicably. Your proactive approach ensures that potential issues are identified and resolved swiftly, maintaining the smooth flow of payments.
Required Skills:
- Bachelor’s degree required.
- 2+ years of experience within the biotechnology/pharmaceutical industry or academic medical center in site payments or relevant experience.
- Proficiency in project management and financial analysis across Phase I-IV clinical trials.
- Excellent conflict resolution, decision making, and communication skills.
- Strong organizational skills with the ability to prioritize and handle a high volume of tasks.
Preferred Skills:
- Experience working with Electronic Data Capture (EDC) systems.
- Familiarity with clinical trial agreements and payment processes.
- Ability to analyze and interpret financial data.
Additional Information
Base salary offered is determined through an analytical approach utilizing a combination of factors including, but not limited to, relevant skills & experience, job location, and internal equity.
Regular employees are eligible to receive both short term and long-term incentives, including cash bonus and equity incentive opportunities, designed to reward recent achievements and recognize your future potential based on individual, business unit and company performance.
In addition to compensation, Biogen offers a full and highly competitive range of benefits designed to support our employees’ and their families physical, financial, emotional, and social well-being; including, but not limited to:
- Medical, Dental, Vision, & Life insurances
- Fitness & Wellness programs including a fitness reimbursement
- Short- and Long-Term Disability insurance
- A minimum of 15 days of paid vacation and an additional end-of-year shutdown time off (Dec 26-Dec 31)
- Up to 12 company paid holidays + 3 paid days off for Personal Significance
- 80 hours of sick time per calendar year
- Paid Maternity and Parental Leave benefit
- 401(k) program participation with company matched contributions
- Employee stock purchase plan
- Tuition reimbursement of up to $10,000 per calendar year
- Employee Resource Groups participation
Why Biogen?
We are a global team with a commitment to excellence, and a pioneering spirit. As a mid-sized biotechnology company, we provide the stability and resources of a well-established business while fostering an environment where individual contributions make a significant impact. Our team encompasses some of the most talented and passionate achievers who have unparalleled opportunities for learning, growth, and expanding their skills. Above all, we work together to deliver life-changing medicines, with every role playing a vital part in our mission. Caring Deeply. Achieving Excellence. Changing Lives.
At Biogen, we are committed to building on our culture of inclusion and belonging that reflects the communities where we operate and the patients we serve. We know that diverse backgrounds, cultures, and perspectives make us a stronger and more innovative company, and we are focused on building teams where every employee feels empowered and inspired. Read on to learn more about our DE&I efforts.
All qualified applicants will receive consideration for employment without regard to sex, gender identity or expression, sexual orientation, marital status, race, color, national origin, ancestry, ethnicity, religion, age, veteran status, disability, genetic information or any other basis protected by federal, state or local law. Biogen is an E-Verify Employer in the United States.
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Biogen Cambridge, Massachusetts, USA Office
225 Binney Street, Cambridge, MA, United States, 02142
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