About the role
Job Description Summary
As a tactical BOM, you will participate in proactively supporting tactical budget activities across the Biomedical Research Translational Medicine (BR-TM) organization. The role strengthens op-erational budget consistency, improves financial risk detection, and ensures high-quality budget execution across budget life cycle early development related to TM deliverables.This role complements the end-to-end budget management and oversight under the Portfolio Resources and Finance Management group. Whilst not having any direct overall clinical budget responsibility the BOM needs to have a solid understanding of budget activities and forecasting. It is also of huge benefit that the TBM is familiar with basic clinical study/early development conduct terms and timings.
Job Description
Major accountabilities:
- Proactively provide tactical solutions for daily budget tasks during study conduct and other cross-TM cost activities. Serve as first contact for basic budget support and PO and invoice matters from study maintenance onward.
- Oversee and monitor PO activity and budget impact. Detect risks and communicate to Clinical Finance Manager. Deliver quarterly PO risk assessments on GR IR balances.
- Track budget impact from contracts and amendments. Support timely, current budget planning and forecasting.
- Ensure tracking systems and data sources are accurate and up to date.
- Support Therapeutic Area-level budget deliverables. Provide Clinical Finance Managers with PO-related financial risk inputs.
- Support end-of-trial budget activities. Partner with Clinical study team and drive timely, accurate PO closeouts.
- Identify budget risks and opportunities. Communicate and report to relevant stakeholders
- Contribute to process improvement.
- Support internal TM processes with guidance on requirements and best practices.
- Represent your function to deliver tactical support to Translational Management. Collect data and track KPIs and other performance indicators.
- Liaise with customers and partners to align actions and track deliverables.
- Maintain supporting IT systems to keep information accurate.
Minimum Requirement
- Total experience of 10+ years Understanding of clinical study processes and Minimum 5 years’ experience in Clinical Operations (early development), procurement or trial budget execution.
- Strong communication and stakeholder management. Proactive problem solver.
- Ability to navigate financial systems and maintain data accuracy.
- Ability to prioritize work, multitask, manage time appropriately in a fast paced/high volume environment. Proven cGCP background
- Undergraduate degree, preferably in a scientific discipline or life science background or equivalent work experience
Skills Desired
Budget Management, Clinical Trials, Project Planning, Vendor Management, Waterfall ModelAplyr's read
Novartis is a Swiss-based global healthcare leader, known for its focus on innovative medicines and commitment to addressing patient needs through diverse roles.
What's promising
- •Novartis invests heavily in research and development, driving innovation in pharmaceuticals.
- •The company offers a wide range of global career opportunities across various fields.
- •Strong focus on cutting-edge therapies, including gene therapy and AI-driven solutions.
What to watch
- •Regulatory challenges can impact the speed of drug approval and market entry.
- •High competition in the pharmaceutical industry requires constant innovation to maintain market position.
- •Complex organizational structure may slow decision-making processes.
Why Novartis
- •Novartis has a robust pipeline of innovative medicines, setting it apart in the healthcare sector.
- •The company emphasizes a diverse and inclusive workplace culture across its global operations.
- •Novartis is a leader in digital transformation within pharmaceuticals, integrating AI and data science.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Novartis
Novartis is a global healthcare company based in Switzerland that provides solutions to address the evolving needs of patients worldwide. It focuses on innovative medicines, generics, and eye care.
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