Clinical Research Budgets And Contracts Specialist

Job Description

Mission of the Role:

The Budget and Contracts Specialist will be responsible for supporting a portfolio of work within the organization. This portfolio of work will include:

1. negotiating clinical trial agreements for studies awarded to Wake Clinical Research sites
2. negotiating Confidentiality Agreements (CDAs), master CDAs or Non-Disclosure Agreements (NDAs)
3. negotiating vendor services agreements (VSA) or Master Service Agreements (MSAs) with M3 Wake Research approved vendors

The person in this role will work directly with a Vice President of Business Development to understand and follow through on all contractual aspects of Clinical Research. This includes collaborating to prepare and review contracts, and implementing the approval, filing, and compliance processes. The Budget & Contracts Associate is also responsible for the appropriate compensation procedures for select contracts.

Essential Duties and Responsibilities:

Including, but not limited to the following:

• Assist with the creation, administration and overall management of M3 Wake research site contracts and budget activities
• Preparation of contracts and contract amendments including budget development
• Compile and maintain a library of procedural costs to for budget development and feasibility
• Compile and maintain library of contract terms from key customer accounts to facilitate more efficient contract negotiations
• Accurate and timely tracking and reporting of contract and proposal data network wide
• Submission of final deliverables in accurate and timely manner
• Assist with the management of the negotiation process, proactively escalating issues or proposing solutions in order to expedite the process
• Use commercial, fiscal and budgetary skills to develop budgets that match the service offering while ensuring costs are accurate and justifiable including all variables required
• Create payment terms to ensure cash neutrality and conform with company standards
• Liaise, directly or indirectly with Sponsors and CROs representing the site as it relates to contracts and Budgets and making necessary revisions
• Work closely with Business Development and study start-up team to ensure timely completion of start-up activities relating to Budgets and Contracts
• Work closely with site clinical staff to collect study details to facilitate budget development
• Work closely with internal finance team to assist as a resource for interpreting contractual language and budgets for billing and revenue recognition

Qualifications

Requirements

Experience:

• Bachelor's degree in a business field or life science degree with equivalent work experience
• Experience in a CRO, pharma/biotech, site network outsourcing, or equivalent paralegal/legal contract experience for at least 2 years

Knowledge, Skills, Abilities:

• Excellent analytical skills including use of advanced MS Excel software, oral and written communications, strong attention to detail, prioritization and time management proficiencies
• Ability to work effectively with minimal supervision
• Ability to multi-task constantly
• Comfortable with financial calculations
• Ability to read and understand legal documents would be advantageous
• Ability to understand finance budget documents would be advantageous

Additional Information

A career opportunity with M3 Wake Research offers competitive wages, and benefits such as:

• 401(k), 401(k) matching
• Dental insurance
• Disability insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

*M3 reserves the right to change this job description at any time.

M3 USA is an equal opportunity employer, committed to the principles of inclusion and diversity for all employees and to providing employees with a work environment free of discrimination and harassment.

All employment decisions at M3 USA are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical or mental disability, medical history or genetic information, sexual orientation, gender identity and/or expression, marital status, past or present military service, family or parental status, or any other status protected by the federal, state or local laws or regulations in the locations where we operate.

All your information will be kept confidential according to EEO guidelines.

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