Senior Budget and Contract Analyst

Company: Covance
Location: Raleigh
Posted on: January 14, 2021

Job Description:

Job DescriptionJob Overview: Covance is now part of LabCorp. LabCorp, an S&P 500 company, is a leading global life sciences company that is deeply integrated in guiding patient care, providing comprehensive clinical laboratory and end-to-end drug development services. With a mission to improve health and improve lives, LabCorp delivers world-class diagnostic solutions, brings innovative medicines to patients faster and uses technology to improve the delivery of care. LabCorp reported net revenues of over $10 billion in 2017. We are currently recruiting for a Senior Contract Analyst who has strong budget experience. This is a remote based role anywhere in the USA. Duties - * Perform contract management tasks on medium to high complexity projects, as assigned * Serve as contract management lead for strategic accounts, as assigned * Independently develop and review Agreements including Master Services Agreements (Client multi-unit, Covance multi-unit, single unit Client or single unit Covance templates) * Lead negotiations for all assigned Agreements with minimal management support * Effectively lead Pan-CVD negotiations and demonstrate a thorough understanding of different BU term nuances * Develop and apply a working knowledge of the various Covance business units to insure proper contract terms for all types of studies * Develop (including budgeting if required) and negotiate complex Change Orders for assigned projects with minimal management support * Generate cash flow analysis and payment schedules for the above mentioned agreements in accordance with Contract Management guidelines * 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 * Lead 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 * 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 is project review meetings as necessary * Other duties as assigned Education/Qualifications: * BA or BS in business or life sciences (or equivalent experience) Experience: * 6 years in the pharmaceutical or CRO industry preferred with minimum of 4 years of contract management related experience (or equivalent) * Strong budget experience is a MUST * 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

Keywords: Covance, Raleigh , Senior Budget and Contract Analyst, Professions , Raleigh, North Carolina