Contract Analyst

2 weeks ago

Minneapolis, United States Hire Talent Full time


JOB DESCRIPTION
**No Spotlight Call**

Target BR: ~***/hr

HM's Top Needs
1. Strong Communication Skills
2. Ability to think critically in a matrixed environment
3. Dual familiarity with legal terms/conditions and budget/finance basics.

Typically, an individual contributor with responsibility in a professional discipline or specialty. Delivers and/or manages deliverables assigned and works with other stakeholders to achieve desired results. May own a project and collaborate closely to make decisions with colleagues or may direct the work of other lower-level professionals. The majority of time is spent delivering and overseeing the individual deliverables assigned from drafting to execution - while and adhering to policies, using specialized knowledge and skills normally acquired through advanced education. It may include leading smaller projects in support of Contracts from design stage of the project to implementation.
Responsibilities may include the following and other duties may be assigned.
Using customer service skills such as clear and persuasive communication skills, time management skills, adaptability, patience, effective listening.
Analysis of Fair Market Value (FMV) supporting budget development, negotiation, and documentation.
Liaising with clinical teams, legal, reimbursement, and other functional groups on clinical agreements and informed consents as appropriate.
Conducting outsourcing proposal preparation and analysis, contract drafting, development, and negotiation, contract administration, and supplier contact activities to provide for proper outsourcing contract execution and fulfillment.
Tracking progress of contract activities, providing status updates to internal and external parties, compiling and analyzing contract data, and maintaining historical contract information.
Thorough understanding and solid application of clinical trial industry practices, including thorough understanding of clinical trial agreements and budgeting process and/or vendor and consulting agreements and processes.
Manages moderately complex contract negotiations with guidance from senior-level professionals. Escalates negotiations from email to telephone and to higher methods in an effort to effectively progress contract negotiations while managing cycle times. Involves other internal parties in negotiations as needed, including manager.
Uses sound critical thinking skills to review contract redlines for understanding and intent. Makes recommendations regarding how to proceed and secures additional input from legal, manager, and/or clinical team as needed before responding to other party(ies).
May serve as a project leader for smaller, new or existing studies (with manager and senior-level professional review/input).
Frequently interacts and communicates with internal customer/client, including senior management, and external other party.
Administers, extends, negotiates, and terminates standard and nonstandard contracts.
Examines estimates of material, equipment services, production costs, performance requirements, and delivery schedules to ensure accuracy and completeness.

Nice to Have
Experience supporting clinical research or similar experience in a medical/scientific area
Good Clinical Practices (GCP) background
Clinical and/or vendor agreement and management experience
Experience working in a matrix environment with proven cross-functional experience.
Previous experience in customer-facing role
Project Management experience
Experience with Microsoft Office (e.g. Word, Excel, PowerPoint)

Education Required: Bachelor s degree with a minimum of 4 years working with contracts and/or contract negotiation experience or advanced degree (e.g. JD, Masters) with a minimum of 2 years working with contracts and/or contract negotiation experience
Juris Doctorate (JD) a plus
Bi-lingual a plus (Spanish, French, Italian, Other)
See Nice to Have in attached description.
Years Experience Required: See above

Will the contractor be working 40 hours a week? Yes If not, weekly estimate? Occasional approval for overtime may occur
Work Location: Remote
Do they need to be local to any MDT office and if so where? Local to an MDT office preferred.
Does this person need to be on site? If so, full time or part time? Primarily Remote. Option for hybrid.

Responsibilities may include the following and other duties may be assigned. Administers, extends, negotiates and terminates standard and nonstandard contracts. Conducts proposal preparation, contract negotiation, contract administration, and customer contact activities to provide for proper contract acquisition and fulfillment in accordance with company policies, legal requirements, and customer specifications. Examines estimates of material, equipment services, production costs, performance requirements, and delivery schedules to ensure accuracy and completeness. Prepares bids, processes specifications, progress, and other reports; advises management of contractual rights and obligations; compiles and analyzes data and maintains historical information. SPECIALIST CAREER STREAM: Typically an individual contributor with responsibility in a professional discipline or specialty. Delivers and/or manages projects assigned and works with other stakeholders to achieve desired results. May act as a mentor to colleagues or may direct the work of other lower level professionals. The majority of time is spent delivering and overseeing the projects from design to implementation while and adhering to policies, using specialized knowledge and skills normally acquired through advanced education (typically University). DIFFERENTIATING FACTORS Autonomy: Established and productive individual contributor. Works independently with general supervision on larger, moderately complex projects / assignments. Organizational Impact: Sets objectives for own job area to meet the objectives of projects and assignments. Contributes to the completion of project milestones . May have some involvement in cross functional assignments. Innovation and Complexity: Problems and issues faced are general, and may require understanding of broader set of issues or other job areas but typically are not complex . Makes adjustments or recommends enhancements in systems and processes to solve problems or improve effectiveness of job area. Communication and Influence: Communicates primarily and frequently with internal contacts . External interactions are less complex or problem solving in nature. Contacts others to share information, status, needs and issues in order to inform, gain input, and support decisionmaking. Leadership and Talent Management: May provide guidance and assistance to entry level professionals and / or employee in Support Career Stream. Required Knowledge and Experience: Requires practical knowledge and demonstrated competence within job area typically obtained through advanced education combined with experience. Requires a University Degree and minimum of 2 years of relevant experience, or advanced degree with 0 years of experience.

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