Forecast Analyst, Clinical Trial Payments & Cost Forecasting

Overview

This role is responsible for developing, maintaining, and analyzing financial forecasts related to clinical trial investigator payments and study costs. The Forecast Analyst serves as a subject matter expert for forecasting activities, partnering with internal teams and external stakeholders to support accurate financial projections throughout the clinical trial lifecycle.

Responsibilities

Forecast Development & Analysis

• Develop and maintain forecasting assumptions for assigned clinical trials.
• Build and manage investigator payment and study cost forecasts throughout the duration of a study.
• Analyze forecast outputs and validate results against actual payment and operational data.
• Identify forecast variances and recommend adjustments to improve accuracy.
• Support financial forecasting, accrual reporting, and budget analysis activities.

Stakeholder Collaboration

• Partner with internal teams and external clients to understand study-specific forecasting requirements.
• Gather and interpret information needed to support forecast development and ongoing maintenance.
• Serve as a primary point of contact for forecasting-related questions and reporting requests.
• Communicate forecast assumptions, methodologies, and findings to stakeholders.

Reporting & Data Management

• Produce, review, and distribute forecast reports to internal and external stakeholders.
• Develop and analyze ad hoc reports to support business and client needs.
• Work with technology teams to ensure accurate implementation of forecast assumptions and reporting requirements.
• Leverage reporting and business intelligence tools to analyze trends and provide insights.

Process Improvement

• Support continuous improvement initiatives related to forecasting methodology, reporting capabilities, and operational efficiency.
• Participate in testing and implementation of forecast enhancements and system improvements.
• Contribute to standardization efforts and best practices within the Investigator Cost Forecasting team.
• Support operational excellence initiatives across the organization.

Additional Responsibilities

• Assist with special projects and business initiatives as needed.
• Perform other duties as assigned.

Minimum Qualifications

• Bachelor’s degree in Finance, Accounting, Business, Statistics, Information Technology, or a related field.
• 2–3 years of relevant experience in financial analysis, forecasting, reporting, or clinical trial operations.
• Experience developing, maintaining, and analyzing financial forecasts.
• Experience working with large datasets and performing data validation and reconciliation.

Preferred Qualifications

• Knowledge of clinical trial processes, including investigator contracts, site payments, and essential site documentation.
• Experience with financial forecasting, accrual reporting, and budget analysis.
• Experience using business intelligence and reporting platforms such as MicroStrategy, Spotfire, Business Objects, or similar tools.

Skills & Competencies

• Strong analytical and quantitative problem-solving abilities.
• Advanced Microsoft Excel skills, including pivot tables, formulas, data analysis, and reporting.
• Strong attention to detail and commitment to data accuracy.
• Excellent organizational and documentation skills.
• Effective verbal and written communication skills with a customer-focused mindset.
• Ability to manage multiple priorities and meet deadlines in a dynamic environment.
• Strong interpersonal skills and ability to collaborate across cross-functional teams.
• Ability to work independently while contributing effectively within a team environment.
• Proficiency with Microsoft Office applications and other business systems.
• Ability to quickly learn new technologies, reporting tools, and forecasting systems.
• Flexibility and adaptability to changing business needs.

Compensation & Benefits

• The potential base pay range for this role, when annualized, is $53,000.00 - $132,600.00.
• Actual base pay offered may vary based on job-related qualifications such as knowledge, skills, education, and experience; location; and/or schedule (full or part-time).
• Depending on the position offered, incentive plans, bonuses, and/or other forms of compensation may be offered, in addition to a range of health and welfare and/or other benefits.

What Success Looks Like

• Delivers accurate and timely clinical trial payment and cost forecasts.
• Maintains high-quality forecasting assumptions and reporting outputs.
• Builds strong partnerships with stakeholders and effectively addresses forecasting inquiries.
• Identifies opportunities to improve forecasting accuracy and efficiency.
• Contributes to continuous process improvement and operational excellence initiatives.

Equal Opportunity

• Equal opportunity employer. All qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other status protected by applicable law.