Senior Budget and Contract Analyst
Company: Covance
Location: Raleigh
Posted on: January 14, 2021
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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
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