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FSP Site Budget & Contracts Specialist

Fortrea
Full-time
Remote friendly (Durham, NC)
United States
$80,000 - $89,000 USD yearly
Corporate Functions

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Role Summary

FSP Site Budget & Contracts Specialist based in the USA or Canada, with 2+ years of budget/contract negotiation experience at CRO level and direct site-facing experience. Responsible for preparing country site budgets and study financial appendices, and assisting with negotiation of site agreement budgets and financial exhibits of a certain complexity.

Responsibilities

  • Develop Clinical Trial Agreements (CTAs) using standard templates and information from Contract Information Sheets; ensure CTAs are executed timely to meet study start-up timelines; liaise with legal departments to ensure content changes are mutually agreeable and in line with client-approved standard language; participate in study kick-off meetings to obtain necessary information.
  • Understand standard contract language to enable decision making on CTA sections when language modifications are proposed; coordinate with legal, sites, contractors or vendors to resolve non-compliant language.
  • Generate site budgets based on final approved country budget; distribute to sites and follow up with investigators; research medical procedure costs to provide accurate data for site-level budgets.
  • Manage CTAs ensuring changes are updated according to client legal standards and Global SOPs.
  • Ensure annual review of all templates with Legal and Local Head of Monitoring and Site Management.
  • Manage contract tracking database, coordinate timely updates related to CTAs, ensure accuracy, reconcile discrepancies, and post fully executed contracts in eFiliA and on the Clinical Operations drive.
  • Process internal approval forms and other documents to ensure compliance with Internal Signatory Process and annual audits.
  • Maintain excellent communication as the point of contact among clinical trial site personnel, clientโ€šร„รดs Head, Clinical Operations, Legal Counsel, and Manager, Insurance throughout contract negotiations.
  • Prepare for internal audits by maintaining a complete 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 renewal dates.

Qualifications

  • Education: Must have a Bachelor's degree or equivalent scientific or commercial higher education.
  • Experience: Experience in healthcare, pharmaceutical industry, or clinical research preferred.

Skills

  • Budgeting and financial analysis for clinical trials
  • Contract negotiation and management
  • CTAs and MSA familiarity
  • Legal and regulatory document coordination
  • Stakeholder management and cross-functional collaboration
  • Strong written and verbal communication

Education

  • Bachelorโ€šร„รดs degree or equivalent

Additional Requirements

  • Location: Home-based in USA or Canada
  • Travel: Not specified; work is primarily home-based
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