Research Business Coordinator - HVI at WVU Medicine

Role Overview

The Research Business Coordinator at WVU Medicine's Heart and Vascular Institute (HVI) plays a vital role in managing the financial and business aspects of clinical research studies. This position involves coordinating all research business activities, from initial budget negotiation to invoicing sponsors, ensuring billing compliance, tracking research funds, and closing out study-related financial activities. The coordinator works closely with clinical research specialists, principal investigators, and sponsors to ensure the smooth and efficient financial operation of research projects.

Day in the Life

A typical day for a Research Business Coordinator might include: * **Budget Management:** Negotiating study budgets with sponsors, ensuring all costs are accurately accounted for. * **Financial Tracking:** Monitoring research funds, preparing financial dashboards, and tracking personnel time. * **Compliance:** Ensuring billing compliance with Medicare and third-party payers. * **Invoicing:** Preparing and sending invoices to sponsors for study deliverables. * **Contract Management:** Coordinating the review and execution of Clinical Trial Agreements. * **Communication:** Responding to inquiries from investigators, coordinators, and sponsors regarding financial matters. * **Reporting:** Preparing and submitting reports to the Office of Sponsored Programs.

Why Morgantown, West Virginia?

Morgantown offers a blend of small-town charm and big-city amenities. As the home of West Virginia University, Morgantown boasts a vibrant cultural scene, numerous outdoor recreational opportunities, and a cost of living that is significantly lower than the national average. The city provides a supportive environment for professionals, with access to quality education, healthcare, and a thriving job market. Morgantown's central location also makes it a convenient base for exploring the scenic beauty of West Virginia and the surrounding Appalachian region.

Career Path

The Research Business Coordinator position can serve as a stepping stone to more advanced roles within the clinical research field. Potential career paths include: * **Senior Research Business Coordinator:** Taking on more complex projects and mentoring junior coordinators. * **Research Financial Manager:** Overseeing the financial operations of multiple research projects or departments. * **Clinical Research Manager:** Managing the overall conduct of clinical trials, including both clinical and financial aspects. * **Grants and Contracts Officer:** Working with the Office of Sponsored Programs to secure and manage research grants. Continued education and professional certifications can further enhance career prospects within this field.

Salary and Benefits

The estimated salary range for a Research Business Coordinator in Morgantown, WV is $55,000 to $85,000 per year, depending on experience and qualifications. WVU Medicine offers a comprehensive benefits package, including: * **Health Insurance:** Medical, dental, and vision coverage. * **Paid Time Off:** Vacation, sick leave, and holidays. * **Retirement Plan:** Employer matching contributions. * **Life Insurance and Disability Coverage:** Providing financial security for employees and their families. * **Flexible Spending Accounts:** For healthcare and dependent care expenses. * **Employee Assistance Program:** Confidential counseling and support services. * **Tuition Reimbursement:** Supporting continuing education and professional development. * **Wellness Programs:** Resources to promote employee health and well-being.

WVU Medicine Culture

WVU Medicine is committed to providing exceptional patient care, advancing medical knowledge, and fostering a supportive and collaborative work environment. The organization values: * **Patient-Centered Care:** Putting the needs of patients first. * **Innovation:** Encouraging creativity and the pursuit of new knowledge. * **Teamwork:** Working together to achieve common goals. * **Integrity:** Maintaining the highest ethical standards. * **Respect:** Treating all individuals with dignity and compassion. WVU Medicine is an equal opportunity employer and values diversity in the workplace. ## How to Apply To apply for the Research Business Coordinator position at WVU Medicine, please click the "Apply" button located at the top of this page and complete the application in full. Be sure to highlight your relevant experience, skills, and qualifications. We look forward to receiving your application! ## Frequently Asked Questions (FAQ) **1. What is the minimum education requirement for this position?** A Master's degree or a Bachelor's degree with 3 years of business experience. **2. Is experience in clinical research required?** While not strictly required, 5+ years of experience in research business aspects of industry and government sponsored clinical trials is preferred. **3. What are the key responsibilities of a Research Business Coordinator?** Key responsibilities include budget negotiation, financial tracking, billing compliance, and contract management. **4. What skills are important for success in this role?** Important skills include strong financial management, communication, and organizational abilities. **5. Does WVU Medicine offer opportunities for professional development?** Yes, WVU Medicine offers tuition reimbursement, wellness programs, and other resources to support employee growth. **6. What is the work environment like at WVU Medicine?** The work environment is supportive, collaborative, and focused on patient-centered care. **7. Is this position eligible for remote work?** No, this position is not eligible for remote work. **8. What type of benefits are offered at WVU Medicine?** WVU Medicine offers a comprehensive benefits package, including health insurance, paid time off, and retirement plans. **9. How does WVU Medicine support diversity and inclusion?** WVU Medicine has diversity and inclusion initiatives to promote a welcoming workplace. **10. What is the career path for a Research Business Coordinator?** Potential career paths include Senior Research Business Coordinator, Research Financial Manager, and Clinical Research Manager.