Fortrea logo

FSP Site Budget & Contracts Specialist

Fortrea
Full-time
Remote friendly (Durham, NC)
United States
$80,000 - $89,000 USD yearly
Clinical Research and Development

Want to see how your resume matches up to this job? A free trial of our JobsAI will help! With over 2,000 biopharma executives loving it, we think you will too! Try it now β€” JobsAI.

Role Summary

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

Responsibilities

  • Develop Clinical Trial Agreements (CTAs) utilizing standard templates and information from Contract Information Sheets. Ensure CTAs are executed in a timely manner to meet study start-up timelines. Liaise with legal departments to ensure content changes to CTAs are mutually agreeable and in accordance with client-approved standard language. Participate in Study kick-off meetings to obtain necessary information for CTA execution.
  • Understand standard contract language to enable decision-making on CTA sections when language modifications are proposed by external parties; if non-compliant, discuss with legal and coordinate with legal, sites, contractors or vendors to resolve.
  • Generate site budgets based on final approved country budget for distribution to sites and follow up with investigators. Research medical procedure costs using local/global databases to provide data for site budgets, enabling Country Lead Monitors/Study Managers to calculate latest average costs for procedures.
  • Manage CTAs ensuring changes to agreements and components are updated per client 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 for CTAs, reconcile discrepancies, and post fully executed contracts in eFiliA and local secure drive.
  • Process study-specific internal approval forms and other documents to ensure compliance with Internal Signatory Process and annual audits.
  • Maintain excellent communication and collaboration as the point of contact among clinical trial site personnel, clientβ€šΓ„Γ΄s Head, Clinical Operations, Legal Counsel, and Manager, Insurance throughout the contract negotiation process.
  • Prepare 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 renewal dates.

Qualifications

  • Education: Must have a Bachelor's degree or equivalent scientific or commercial Higher Vocational education.
  • Experience: 2+ years in budget/contract negotiation at CRO level with direct site-facing experience; experience in healthcare, pharmaceutical industry, or clinical research preferred.

Skills

  • Contract negotiation
  • Budget preparation and financial modeling for clinical trials
  • Legal and regulatory alignment of CTAs
  • Documentation control and audit readiness
  • Stakeholder management and cross-functional collaboration

Additional Requirements

  • Location: Home-based in the USA or Canada
  • Travel: Not specified
Apply now
Share this job