Contract Analyst

Location: Mounds View, Minnesota
Posted On: 6/14/2017
Job Code: CA_MN2128
Job Description
The Contract Analyst is responsible for executing high-quality clinical agreements in a timely manner that balances the needs of all parties while maintaining internal and external relationships. Responsibilities include, but are not limited to:
• Drafting, issuing, negotiating and finalizing a variety of clinical agreements (including budgets) utilizing enterprise-wide contracting processes.
• 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 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.

All clinical agreement work will be done in accordance with company policies, Standard Operating Procedures (SOPs), legal and regulatory requirements, and using fair market valuation.

• Frequently uses general knowledge of clinical contracting practices, techniques and industry practices/standards.
• Understands and applies general clinical contracting principles, theories and concepts. Understands the intent of contractual languages and is able to represent and defend client's position.
• Manages contract negotiations of moderate scope and complexity. Escalates contract negotiations to higher levels while managing cycle times. Regularly involves other internal parties in negotiations as needed, including manager.
• Refers to established Client policies and practices for guidance.
• Works under general supervision and work may be reviewed by manager or senior-level team members for adequacy and accuracy. May draft less complex agreements using legal-approved templates and approved alternative language with guidance and/or review from manager and/or senior-level team members and legal as required. Seeks necessary input and guidance from manager and/or senior-level contracting team member(s).
• Uses critical thinking skills to review contract redlines for understanding and intent. Secures additional input from legal, manager, and/or clinical team as needed before responding to the other party.
• Effectively manages multiple contracting priorities in a timely manner to meet the internal and external customers' needs and proactively provides status updates on contracting activities to internal customers.
• Effectively manages workload in accordance with study milestones. .
• Regularly communicates with internal customer/client and external other party.
• Takes on process improvement projects as assigned and seeks regular input from manager regarding project direction.

• 2 years job experience with Bachelors or
• 0 years job experience with Advanced Degree (e.g. JD, Masters)
• Experience with MS Office (e.g. Word, Excel, PowerPoint)
• Previous experience in customer-facing role
• Proven cross-functional experience
• Contract negotiation experience

• Experience supporting clinical research or similar experience in a medical/scientific area
• Experience working in a matrix environment
• Good Clinical Practice (GCP) background
• Project Management experience
• Vendor agreement and management experience
Category:IT  code:new
Job Requirements
J2ME, MS Office, MS Word, Management, Research, MS Excel, Project Management, Java

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Contact Details
Ebrahim Sayarwala