Sr. Contracts Specialist

1 month ago


Southeast Fairbanks, United States Parexel Full time

Home Based, US

The Senior Contract Specialist's role is a member of the commercial (sales) contracts team at Parexel. The role of a Contracts Specialist is to amend, negotiate and finalize project budgets, together with creating draft contractual documents.

Key Accountabilities:

Prepare and able to finalize in a client-ready format draft contract document, including Start-up Agreements, Work Orders and Change Orders from Parexel or client templates per guidance provided by the assigned Contract Manager or Line Manager or autonomously and in conjunction with relevant departmentsAmend, finalize, and present project budgets as requiredMay negotiate budget changes with clientPrepare payment schedules as required, to support bids and for inclusion in contract documentsDirect client interaction with established contacts in conjunction with the assigned Contract Manager or Line ManagerProvide quality client deliverables to strict deadlinesFacilitate review and approval of contractual documents and budgets in accordance with relevant policies and proceduresParticipate in contract review meetings with clients and internal customersCommunicate with and inform the FBP of ongoing budget changes and provide finance system load ready budget tools in accordance with relevant policies and proceduresReview client contractual templates with support from Line Manager/ Contracts Director / LRM and edit as appropriate to ensure Parexel positions are covered and to highlight areas of potential concernEnsure contracts with client edits received back from the client show all the appropriate changesCustomize Parexel templates to meet client template requirementsEnsure contractual documents are processed into and maintained in relevant databasesMay customize templates approved by Legal for the relevant entities and post current copies on the Business Operations intranetPotential training and mentoring of other Business Operations team membersMay have involvement in discussing legal terminology for contractual documents as appropriateSkills:Ability to lead internal meetingsHighly organized with excellent oral and written communication skillsExcellent analytical skills, problem-solving skills and attention to detailHighly confident dealing with internal staff, and external if requiredEstablished negotiation skillsKnowledge and Experience:Knowledge of contract management principles.CRO background preferredComprehensive knowledge of relevant software (Windows, Word, Excel, Outlook, Databases).Education:Bachelor's Degree in Life Science, Business, Languages or equivalent. MBA or Paralegal certification preferred.
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