Contract Management Specialist
1 day ago
About the Role:
The Contracts Manager will be responsible for ensuring the consistent management of all contracts through the effective management of the contract management process, development of account-specific standards, documentation, and negotiations. This role will serve as the primary interface for clients regarding contractual issues.
Key Responsibilities:
- Manage the contract process for specific or varied accounts, including coordination with Operations, Project Management, Legal, Business Development, and Finance to prepare, review, and negotiate contracts.
- Serve as the primary client contact during the negotiation phase.
- Interface with clients regarding contractual issues during the lifetime of a project.
- Establish and maintain direct client contact.
- Create, negotiate, and finalize budget and contractual documents, including Start-up Agreements, Work Orders, and Change Orders.
- Establish partnerships with key clients.
- Develop account-specific standards for contracts, including presentation of budget, payment terms, standard contract language, etc., and discussion/negotiation with clients as appropriate.
- Proactively involve project management in reviewing project status, including review of contractual status to ensure compliance with contractual terms and milestones and identification of CIS changes to contracts.
- Communicate with and inform the FBP of ongoing budget changes and provide finance system load-ready budget tools in accordance with relevant policies and procedures. Ensure information relating to contractual documents is processed into and maintained in relevant databases.
- Customize Parexel templates to meet client template requirements.
- Lead or participate in the development and testing of tools and procedures.
- May have line management responsibilities, including performance management, staff development, training, and mentoring, workflow management.
Requirements:
- Broad experience in contract management.
- Knowledge of clinical trials and/or industry experience.
- Knowledge of ICH/GCP in the provision of clinical trials.
- Comprehensive knowledge of cash flow and revenue recognition.
- Comprehensive knowledge of relevant software (Windows, Word, Excel, Outlook, Databases).
Education:
- Bachelor's Degree in Life Science, Business, or equivalent.
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