Manager, R&D Procurement – Pharma/Biotech Clinical Trial Contracts
JobtomeJob Title: Manager, R&D Procurement (Level II or Level III) - based on years of experience.
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Location: Basking Ridge, NJ/Hybrid
Duration:12+ Months Contract with possibility to extend.
Job Schedule:Manager highly prefers a local candidate to be based in NJ and come onsite 1-4 times a week as needed (ave
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rage is onsite 2 days a week). However, for super strong candidate;
they would consider a remote based candidate.
Interviewing: 1st Round: HM would have 30 min MS teams video screen;
2nd Round - 45 Min MS team video screen with 2-3 individuals including HM.
Job Description:
The purpose of this job is to work with DS teams to assess, select, negotiate and execute clinical trial vendor contracts. Performs financial reconciliation and negotiation of Vendor contracts prior to study termination and contract closure. Manages all aspects of sourcing and negotiating Vendor contracts to ensure that the contracts are cost effective. Provides oversight of Vendor contracts, change orders and works with the Vendor for resolution of all issues/ discrepancies.
Expertise in complex outsourcing models supporting Clinical R&D and PhI to PhIV outsourced services (e.G., CRO, core labs, Biomarker, central labs);
Must have strong problem-solving skills and is able to work in complex categories. Follow all processes, procedures and/or systems to improve organizational efficiencies and cost controls.
Procurement - Manages all Outsourcing activities from vendor assessment, RFP, selection, contract budget, payment schedule & scope negotiation through to contract execution. Supports internal customers to help ensure that vendors meet required service level.
Demonstrates expanded understanding of procurement principles, legal language, vendor selection criteria. May assist with the development of a sourcing strategy by spending category that reduces costs, reduces timelines and improves quality. Develops detailed bid analysis for the R&D functional group’s review. May be involved in other ad hoc special projects as they arise.
Communication - Leads contracts related communication with vendors. Respond to questions from internal staff regarding status of contracts. Interacts with vendors on standard administrative matters and contract terms. Appropriately escalates issues and conflicts. This position will work cross-functionally to execute the outsourcing process.
Contract Execution- Builds content of the contract, verifies the unitized budget against the needs, conducts rigorous negotiation of business terms with validation of rates from service providers. Making sure the payment schedules are cash neutral and in-line with deliverable timelines. Responsible for the negotiation, preparation, and execution of contracts on a timely basis. Management and oversight of clinical development contracting process, review and approval in accordance with company policies.
egotiations - Advanced negotiation skills to drive cost savings. Thinking and acting strategically to drive continuous improvement.
Ensure optimal partnerships with internal stakeholders and outside vendors to deliver commitments with a high level of value, quality and performance.
Interpersonal skills - Manage and maintain collaborative relationships within R&D, Legal, Quality and Finance, as well as with external parties. Ability to eliminate barriers to resolve procurement and contract issues in a timely manner.
Skills:
Minimum 5 years in clinical trial outsourcing, health sciences or related field (clinical trials). * US is globalizing and interfacing with other departments/functional areas based in Japan.
Advanced WORD and Excel skills - i.E. ability to modify/re-format documents in MS Word;
create a final contractin MS Word;
in MS excel - write formulas in excel and analyze data.
Must have good organizational skills;
able to prioritize workload and tasks;
excellent time management skills.
Must be ab