[Hiring] Site Budgeting and Contracting Specialist @Fortrea

Role Description

Fortrea's FSP team is hiring Budget Builder & Site Contract Specialist! Home Based in USA or Canada. Must have 2+ years of budget/contract negotiation experience at CRO level, direct site facing experience and experience building global budget templates.

As part of a global team you will be responsible for:

• Preparing country site budgets and study financial appendices.
• Assisting with the negotiation of site agreement budgets and financial exhibits of a certain complexity.

Responsibilities include:

• Develop Clinical Trial Agreements (CTAs) utilizing standard templates and information from Contract Information Sheets.
• Ensure CTAs are executed in a timely manner to meet expected timelines for study start-up.
• Liaise with the legal departments to ensure any content changes to the CTAs are mutually agreeable and in accordance with client's legally approved standard agreement language.
• Participate in Study kick-off meetings to obtain necessary information required for effective CTA execution.
• Solid understanding of standard contract language to enable decision making pertaining to sections of CTAs when language modifications are proposed by external contract parties.
• Generate site budgets based on final approved country budget in preparation for distribution to sites and following up with investigators.
• Research medical procedure costs using local or global database to provide accurate data for development of the site level budgets.
• Manage CTAs ensuring all changes to agreements and corresponding components are updated according to client’s legal standards and client Global SOPs.
• Responsible to ensure annual review of all templates with the Legal department and Local Head of Monitoring and Site Management.
• Manage the contract tracking database, including coordination of timely updates with respect to CTA.
• Ensure accuracy of information and reconcile discrepancies between documents and the database.
• Responsible for posting of fully executed contracts in eFiliA and locally on the Clinical Operations secure drive.
• Process internal approval forms and other documents required to ensure compliance with the Internal Signatory Process and for annual audits.
• Ensure excellent communication and collaboration as point person among clinical trial site personnel, client’s Head, Clinical Operations, Legal Counsel and Manager, Insurance throughout the contract negotiation process.
• Responsible for preparing for internal audits by maintaining a complete and accurate paper trail for each site contract negotiation.
• Negotiate Master Services Agreements (MSAs) with Institutions where Clinical Trials have been conducted and ensure they are reviewed prior to their renewal dates.
• Support Country Study site budget template, parameter, and payment term building to ensure timely setup of individual site budgets.
• Manage and execute assigned study site budget maintenance activities through life of study.
• Negotiate directly with globally assigned sites master clinical trial agreements rate cards.
• Partner with site payment department to ensure site budget and payment terms compatibility with payment systems and EDC requirements.
• Partner with internal Study Startup team, Clinical Operations teams, and TAU partners to improve overall SB&C metrics and implement processes.
• Ensure standards are applied to the SB&C processes across projects, portfolios and support continuous improvement activities while developing TA-aligned strategies.
• Leverage leading industry tools and data sources to provide budget and payment terms feedback aligned with parameters and fair market value guidance.
• Promptly recognize and improve potential delays and escalate non-performance.

Qualifications

• Must have a Bachelors’ degree or an equivalent scientific or commercial Higher Vocational education.
• Experience in the healthcare field, pharmaceutical industry or clinical research preferred.
• 2 years of site budget & contract negotiation experience at CRO level.
• 2+ years of global experience building budget templates.
• Must be site facing.

Requirements

• Pay Range: 80,000k – 89,000K USD.

Benefits

• All job offers will be based on a candidate’s skills and prior relevant experience, applicable degrees/certifications, as well as internal equity and market data.
• Regular, full-time or part-time employees working 20 or more hours per week are eligible for comprehensive benefits including:
• Medical
• Dental
• Vision
• Life
• STD/LTD
• 401(K)
• ESPP
• Paid time off (PTO) or Flexible time off (FTO)
• Company bonus where applicable.
• For more detailed information, please click here.

Company Description

Applications will be accepted on an ongoing basis. Learn more about our EEO & Accommodations request here.