Senior Clinical Study Budget & Contract Negotiation Specialist CIM (Research Institute)

Do you want to work for a world-renowned research institute that pushes the boundaries of biomedical science and health research Right here in Montreal! At the Research Institute of the McGill University Health Centre (RI-MUHC) you can be part of an organization focused on scientific discovery and innovation in patient-centered medicine. Join us today and make a difference!

Job Description

RESEARCH INSTITUTE OF THE MUHC
The Research Institute of the McGill University Health Centre (RI-MUHC) is a world-renowned biomedical and hospital research centre. Located in Montreal Quebec the Institute is the research arm of the McGill University Health Centre (MUHC) affiliated with the Faculty of Medicine at McGill University. The RI-MUHC is supported in part by the Fonds de recherche du Québec - Santé (FRQS).

Position summary
The incumbent will lead the development and negotiation of complex high-value study budgets. They ensure that budgets comprehensively capture all costs adhere to Fair Market Value (FMV) benchmarks and include precise coverage analyses distinguishing sponsor-billable procedures from standard-of-care services. This role involves significant negotiation responsibilities and serves as the primary financial liaison to sponsors during budget discussions.

General Duties
Reports to: CIM Director

Budget Development & Coverage Analysis (45%)

Translate protocols into detailed structured budgets aligned with FMV benchmarks
Perform coverage analyses to identify sponsor-billable versus standard-of-care procedures
Use standard medical coding systems (diagnosis and procedure codes) to classify and benchmark costs for research budgeting
Ensure budgets incorporate overhead staffing and institutional cost recovery requirements
Document coverage analysis decisions and FMV (fair market value) sources for audit readiness
Collaborates with various RI department as required (Study teams Grant office etc.)
Advice the contract office as required to ensure that legal clauses are included in the final contract agreement with sponsors
Ensure service level agreements are in place with the PIs who uses the CIM ( full or partial service)
Support the budget review of the PI initiated clinical studies and work closely with the pre-award team.

Sponsor Negotiation (45%)
Serve as lead negotiator with sponsors for complex/high-value studies including Phase I & II & III studies (oncology & non-oncology)
Defend institutional costs using FMV data coverage analysis rationale and historical benchmarks
Secure favorable payment schedules upfronts and minimize holdbacks
Track and report negotiation KPIs (cycle time variance from sponsor offer percentage of cost recovery).

Documentation Compliance & Insights (10%)
Maintain FMV and coverage analysis documentation library for audits and sponsor reviews
Analyze negotiation outcomes and update internal pricing models
Provide negotiation trend insights to Management and support continuous improvement.

Website of the organization

/ Experience

Education: Bachelors or Masters Degree.
Field of Study: Finance Business Health Administration or related field.

Work Experience: 5 years in clinical trial budget development and sponsor/CRO negotiation.

Required Skills

Advanced knowledge of FMV principles coverage analysis and clinical research operations.
Working knowledge of standard medical coding systems (diagnosis and procedure codes) for benchmarking costs in research budgeting.
Proven negotiation outcomes with measurable KPIs (cycle time cost recovery margins).
Strong communication and diplomacy skills bilingual (English/French) preferred.

Additional information

Status : Full time
Pay Scale: $55692.00 to $103412.40. Commensurate with education & work experience.
Work Shift: 8:30 a.m. to 4:30p.m. Mondays to Fridays (35hours/week).
Work Site: Glen Site and Montreal General Hospital.

***If you wish to include a cover letter please attach it with your resume in one document. ***

Why work with us
4-week vacation 5th week after 5 years
Bank of 12 paid days (personal days and days for sickness or family obligations)
13 paid statutory holidays
Modular group insurance plan (including gender affirmation coverage)
Telemedicine
RREGOP (defined benefit government pension plan)
Training and professional development opportunities
Child Care Centres
Corporate Discounts (OPUS Perkopolis)
Competitive monthly parking rate
Employee Assistance Program
Recognition Program
Flex work options and much more!


learn more about our benefits please visit IS NOT A HOSPITAL POSITION.

Equal Opportunity Employment Program

The Research Institute of the McGill University Health Centre hires on the basis of merit and is strongly committed to equity diversity and inclusion within its community. We welcome applications from all qualified candidates who self-identify as members of racialized groups/visible minorities women Indigenous persons persons with disabilities ethnic minorities and 2SLGBTQIA persons. We also welcome candidates with the skills and knowledge to productively engage with diverse communities. Persons with disabilities who anticipate needing accommodations for any part of the application process may confidentially contact