I have over five years of experience in managing the financial aspects of clinical trials. My role involved budgeting, forecasting, and monitoring expenses to ensure compliance with grant requirements and industry standards. I successfully managed a portfolio of trials, optimizing resource allocation and reducing costs by 15% without compromising research quality.

I ensure accuracy and compliance by implementing robust financial systems and controls. This includes regular audits, cross-verification of data, and training staff on financial regulations. I also maintain up-to-date knowledge of industry standards and regulatory requirements to guide financial practices.

To manage budget overruns, I would first identify the root cause, whether it's unexpected expenses or inefficiencies. I would then prioritize critical activities, negotiate with vendors for better rates, and explore cost-sharing opportunities with partners. Additionally, I would review and adjust the budget forecast to reflect these changes and ensure future accuracy.

Collaboration is key. I regularly engage with research teams, procurement, and regulatory departments to align financial goals with project needs. By holding regular meetings and using collaborative tools, I ensure transparency and timely communication, which helps in making informed financial decisions and maintaining operational efficiency.

In a previous role, I faced a challenge when a clinical trial faced significant budget overruns due to unforeseen complications. I resolved this by renegotiating contracts with service providers, optimizing staff schedules, and reallocating funds from less critical areas. This not only stabilized the budget but also ensured the trial could continue without additional funding.