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1. Strong Communication Skills
2. Ability to think critically in a matrixed environment
3. Dual familiarity with legal terms/conditions and
budget/finance basics.
Typically, an individual contributor with responsibility in a professional discipline or specialty. Delivers and/or manages deliverables assigned and works with other stakeholders to achieve desired results. May own a project and collaborate closely to make decisions with colleagues or may direct the work of other lower-level professionals. The majority of time is spent delivering and overseeing the individual deliverables assigned – from drafting to execution - while and adhering to policies, using specialized knowledge and skills normally acquired through advanced education. It may include leading smaller projects in support of Contracts from design stage of the project to implementation.
Responsibilities may include the following and other
duties may be assigned.
·Using customer service skills such as clear and persuasive communication skills, time management skills, adaptability, patience, effective listening.
·Analysis of Fair Market Value (FMV) supporting budget development, negotiation, and documentation.
·Liaising with clinical teams, legal, reimbursement, and other functional groups on clinical agreements and informed consents as appropriate.
·Conducting outsourcing proposal preparation and analysis, contract drafting, development, and negotiation, contract administration, and supplier contact activities to provide for proper outsourcing contract execution and fulfillment.
·Tracking progress of contract activities, providing status updates to internal and external parties, compiling and analyzing contract data, and maintaining historical contract information.
·Thorough understanding and solid application of clinical trial industry practices, including thorough understanding of clinical trial agreements and budgeting process and/or vendor and consulting agreements and processes.
·Manages moderately complex contract negotiations with guidance from senior-level professionals. Escalates negotiations from email to telephone and to higher methods in an effort to effectively progress contract negotiations while managing cycle times. Involves other internal parties in negotiations as needed, including manager.
·Uses sound critical thinking skills to review contract redlines for understanding and intent. Makes recommendations regarding how to proceed and secures additional input from legal, manager, and/or clinical team as needed before responding to other party(ies).
·May serve as a project leader for smaller, new or existing studies (with manager and senior-level professional review/input).
·Frequently interacts and communicates with internal customer/client, including senior management, and external other party.
·Administers, extends, negotiates, and terminates standard and nonstandard contracts.
·Examines estimates of material, equipment services, production costs, performance requirements, and delivery schedules to ensure accuracy and completeness.
Nice to Have
·Experience supporting clinical research or similar experience in a medical/scientific area
·Good Clinical Practices (GCP) background
·Clinical and/or vendor agreement and management experience
·Experience working in a matrix environment with proven cross-functional experience.
·Previous experience in customer-facing role
·Project Management experience
·Experience with Microsoft Office (e.g. Word, Excel, PowerPoint)
Education Required: Bachelor’s degree with a minimum
of 4 years working with contracts and/or contract negotiation experience or
advanced degree (e.g. JD, Masters) with a minimum of 2 years working with
contracts and/or contract negotiation experience
Juris Doctorate (JD) a plus
Bi-lingual a plus (Spanish, French, Italian, Other)
Actalent is a global leader in engineering and sciences services and talent solutions. We help visionary companies advance their engineering and science initiatives through access to specialized experts who drive scale, innovation and speed to market. With a network of almost 30,000 consultants and more than 4,500 clients across the U.S., Canada, Asia and Europe, Actalent serves many of the Fortune 500.
At Actalent, diversity and inclusion are a bridge towards the equity and success of our people. DE&I are embedded into our culture through:
The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email actalentaccommodation@actalentservices.com for other accommodation options.
Other
$61k-80k (estimate)
01/13/2024
06/02/2024
The job skills required for Contract Analyst include Contract Management, Initiative, Contract Negotiation, etc. Having related job skills and expertise will give you an advantage when applying to be a Contract Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Contract Analyst. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Contract Analyst positions, which can be used as a reference in future career path planning. As a Contract Analyst, it can be promoted into senior positions as a Contracts Administrator IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Contract Analyst. You can explore the career advancement for a Contract Analyst below and select your interested title to get hiring information.
If you are interested in becoming a Contract Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Contract Analyst for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Contract Analyst job description and responsibilities
They must also be able to manage their time efficiently, as many contracts and deals are time sensitive.
04/26/2022: Chico, CA
Contract analysts help companies avoid contractual disputes and financial losses.
04/03/2022: Appleton, WI
A top-notch contract analyst will be someone who can prevent contractual disputes and negotiate favorable terms on behalf of their companies.
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They review contract terms and conditions before contracts are signed, negotiate favorable terms with other parties on behalf of their employers, and draft contractual provisions and amendments.
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They negotiate terms and conditions after reviewing contracts to prevent potential disputes and financial risk. Contract analysts examine contract clauses, liabilities, stipulations, and obligations, and recommend and draft provisions and amendments accor
03/26/2022: Manchester, NH
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Contract Analyst jobs
NFL Analyst Adam Schefter had a strong opinion on Lamar’s contract situation.
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That has led to companies hiring various compliance officers and compliance analysts.
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But, there are some duties, roles, and responsibilities that overlap for both the compliance officer and compliance analyst.
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Every compliance analyst has slightly different duties, tasks, and responsibilities due to varying job descriptions.
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Compliance analysts can have varying duties and tasks, but the skills, qualifications, and abilities required remain the same.
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Step 3: View the best colleges and universities for Contract Analyst.