Sponsored Projects Analyst III - Morristown NJ

Responsibilities:

The Sponsored Projects Analyst III serves as a strategic partner to the Manager, Sponsored Projects – Preaward Clinical Trials, supporting the execution and financial oversight of clinical research initiatives. This role plays a critical part in advancing the success of clinical trials by leading cost and coverage analyses, conducting comprehensive budget reviews for industry-sponsored studies, and developing detailed Internal Cost Analysis (ICA). Additionally, the Sponsored Projects Analyst ensures accurate tracking and management of external legal counsel expenses.

• The SPA functions as a key liaison between industry partners and clinical / project teams to facilitate seamless communication and alignment. The role is accountable for the preparation, development, and negotiation of complex industry-sponsored budgets to optimize financial outcomes.

• This position reports to the Manager, Sponsored Projects – Preaward Clinical Trials. 

• SPA contributes to moderately complex projects, exercising sound judgement, analytical thinking, and critical thinking skills. 

• Success in this role requires the ability to work both independently and collaboratively in a fast-paced, detail-oriented environment, while managing multiple priorities and deadlines. 

   

• Lead the negotiation of industry-sponsored clinical trial budgets, including the development and execution of budget amendments, ensuring alignment with institutional standards and sponsored expectations.
• Partner cross-functionally with internal study teams to perform comprehensive cost and coverage analyses, supporting accurate budgeting and compliance with regulatory requirements. 
• Preparation and maintenance of all Internal Cost Analyses (ICA), including those associated with budget amendment, ensuring accuracy, consistency, and timely completion. 
• Coordinate with Atlantic Health Finance to obtain HUB account numbers for industry and federal clinical trials.
• Obtain External IRB Approvals.
• Prepare and initiate Final Authorization to Proceed Letters (FAPL) – ensuring inclusion of all required elements of the clinical trial agreement.
• Monitor and maintains legal costs.
• Distribute weekly CTA reports for activity pending approval.
• Communicate with industry sponsors on budgets and other outstanding items, driving timely resolution and minimizing delays.
• Backup to Manager, Sponsored Projects – Preaward Clinical Trials and SPA I as needed.
• Contribute to departmental operations through general administrative support and active participation in process improvement initiatives.
• Lead and support special projects and strategic initiatives as assigned by Manager, Sponsored Projects – Preaward Clinical Trials, Sr. Manager or VP of Research.