Contract Analyst II

Employer
Labcorp Drug Development - USA
Location
Madison, Wisconsin, United States
Salary
Competitive
Start date
14 Jan 2023
Closing date
13 Feb 2023

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Discipline
Sales / Commercial, Business Development
Hours
Full Time
Contract Type
Permanent
Experience Level
Experienced (non-manager)
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Job Details

We have an exciting opportunity as a Contract Analyst II within our Early Development team. This is a fast paced role in which high attention to detail is very much needed to be successful in this role.

This is a full time remote based role in the US.

The ideal candidate would have experience already with MSAs, payment schedules, budgets and working with clients to negotiate terms.

Essential Job Duties:
  • Perform contract management tasks on medium complexity projects, as assigned
  • Serve as contract management lead for strategic accounts, as assigned
  • Independently develop and review Agreements including Master Services Agreements (Labcorp multi-unit, single unit Client or single unit Labcorp templates)
  • Lead negotiations for all assigned Agreements with moderate management support
  • Develop and apply a working knowledge of the various Labcorp business units to insure proper contract terms for all types of studies
  • Develop (including budgeting if required) and negotiate medium complexity Change Orders for assigned projects with management support
  • Generate cash flow analysis and payment schedules for the above mentioned agreements in accordance with Contract Management guidelines for review by senior members of the department
  • Follow up on outstanding contract issues for resolution to meet internal and external deadlines and to minimize business and legal risk
  • Work cross-functionally with Contract Analysts, Client Services, Finance, Pricing and Sales to resolve contract issues in a timely manner
  • Assist management and subject matter experts (SME) in maintaining harmonized contract processes and client relationships
  • Participate in process improvement initiatives intended to improve global delivery of contracts
  • Adhere to Contract Management policies and process
  • Ensure Sarbanes Oxley compliance from a contracting perspective
  • Perform accurate data entry into SFDC, Apttus, CMS and/or other tools required for reporting
  • Provide accurate updates on all outstanding contractual documents to management as required through required systems or tracking mechanisms
  • Assist/mentor junior staff including providing pre-submission review and approval of junior staff’s signature documents in accordance with the Contract Management review guidelines, as assigned
  • Participate in project review meetings as necessary
  • Other duties as assigned


Experience:

  • 4 years in the pharmaceutical or CRO industry preferred with minimum of 2 years of contract management related experience (or equivalent)
  • Demonstrated ability to plan, multi-task and prioritize
  • Demonstrated teamwork, communication and organizational skills
  • Proficient in Excel and Word (intermediate)
  • Demonstrated problem solving skills
  • Excellent customer service skills, attention to detail and ability to be persistent while maintaining tact
  • Proven ability to work independently
  • Experience and comfort in a high volume, fast paced environment is essential
  • Ability to negotiate


Education/Qualifications/Certifications and Licenses

Recommended:

  • BA or BS in business or life sciences (or equivalent experience)


Special Factors:
  • Flexibility to participate in meetings across various time zones outside core working hours
  • Occasionally working extended hours in order to adhere to client deliverable timelines
  • May be required to attend client meetings off-site as directed by management

Labcorp is proud to be an Equal Opportunity Employer:

As an EOE/AA employer, Labcorp strives for diversity and inclusion in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications of the individual and do not discriminate based upon race, religion, color, national origin, gender (including pregnancy or other medical conditions/needs), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. We encourage all to apply.

For more information about how we collect and store your personal data, please see our Privacy Statement .

Company

Labcorp Drug Development, a leading contract research organization (CRO), is a global leader in nonclinical safety assessment, clinical trial testing and clinical trial management services. Our unique perspectives are based on decades of scientific, medical and regulatory expertise.

Together with our clients, we support the development of innovative, life-changing treatments. We look to the future and work tirelessly to test new drugs, treatments and therapies. Labcorp supports clinical trial activity in approximately 100 countries, generating more safety and efficacy data to support drug approvals than any other company.

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