Contract Analyst II

Fortrea

Bengaluru

On-site

INR 600,000 - 800,000

Full time

14 days+

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Job summary

A leading pharmaceutical company is seeking a Contract Analyst II in Bengaluru, India. This role involves managing contract processes for various projects, negotiating agreements, and ensuring compliance with contract management guidelines. Ideal candidates will have a degree in business or life sciences and experience in contract management within the pharmaceutical or CRO industry. The position offers full-time employment with opportunities for career growth.

Qualifications

4 years in the pharmaceutical or CRO industry preferred with a minimum of 2 years of contract management related experience.
Demonstrated ability to plan, multi-task and prioritize.
Experience and comfort in a high volume, fast paced environment is essential.

Responsibilities

Perform contract management tasks on medium complexity projects.
Serve as contract management lead for strategic accounts.
Independently develop and review Agreements including Master Services Agreements.

Skills

Contract management

Negotiation

Problem solving

Customer service

Attention to detail

Teamwork

Education

BA or BS in business or life sciences

Tools

Excel

Word

Job description

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Perform contract management tasks on medium complexity projects, as assigned.
Serve as contract management lead for strategic accounts, as assigned.
Independently develop and review Agreements including Master Services Agreements (Fortrea multi-unit, single unit Client or single unit Fortrea templates).
Lead negotiations for all assigned Agreements with moderate management support.
Develop and apply a working knowledge of the various Fortrea business units to insure proper contract terms for all types of studies.
Develop (including budgeting if required) and negotiate medium complexity Change Orders for assigned projects with management support.
Generate cash flow analysis and payment schedules for the above-mentioned agreements in accordance with Contract Management guidelines for review by senior members of the department.
Follow up on outstanding contract issues for resolution to meet internal and external deadlines and to minimize business and legal risk.
Work cross-functionally with Contract Analysts, Client Services, Finance, Pricing and Sales to resolve contract issues in a timely manner.
Assist management and subject matter experts (SME) in maintaining harmonized contract processes and client relationships.
Participate in process improvement initiatives intended to improve global delivery of contracts.
Adhere to Contract Management policies and process.
Ensure Sarbanes Oxley compliance from a contracting perspective.
Perform accurate data entry into SFDC, Apttus, CMS and/or other tools required for reporting.
Provide accurate updates on all outstanding contractual documents to management as required through required systems or tracking mechanisms.
Assist/mentor junior staff including providing pre-submission review and approval of junior staff’s signature documents in accordance with the Contract Management review guidelines, as assigned.
Participate in project review meetings, as necessary.
Other duties as assigned.

Summary Of Responsibilities

Perform contract management tasks on medium complexity projects, as assigned.
Serve as contract management lead for strategic accounts, as assigned.
Independently develop and review Agreements including Master Services Agreements (Fortrea multi-unit, single unit Client or single unit Fortrea templates).
Lead negotiations for all assigned Agreements with moderate management support.
Develop and apply a working knowledge of the various Fortrea business units to insure proper contract terms for all types of studies.
Develop (including budgeting if required) and negotiate medium complexity Change Orders for assigned projects with management support.
Generate cash flow analysis and payment schedules for the above-mentioned agreements in accordance with Contract Management guidelines for review by senior members of the department.
Follow up on outstanding contract issues for resolution to meet internal and external deadlines and to minimize business and legal risk.
Work cross-functionally with Contract Analysts, Client Services, Finance, Pricing and Sales to resolve contract issues in a timely manner.
Assist management and subject matter experts (SME) in maintaining harmonized contract processes and client relationships.
Participate in process improvement initiatives intended to improve global delivery of contracts.
Adhere to Contract Management policies and process.
Ensure Sarbanes Oxley compliance from a contracting perspective.
Perform accurate data entry into SFDC, Apttus, CMS and/or other tools required for reporting.
Provide accurate updates on all outstanding contractual documents to management as required through required systems or tracking mechanisms.
Assist/mentor junior staff including providing pre-submission review and approval of junior staff’s signature documents in accordance with the Contract Management review guidelines, as assigned.
Participate in project review meetings, as necessary.
Other duties as assigned.

Qualifications (Minimum Required)

BA or BS in business or life sciences (or equivalent experience).

Experience (Minimum Required)

4 years in the pharmaceutical or CRO industry preferred with minimum of 2 years of contract management related experience (or equivalent).
Demonstrated ability to plan, multi-task and prioritize.
Demonstrated teamwork, communication, and organizational skills.
Proficient in Excel and Word (intermediate).
Demonstrated problem solving skills.
Excellent customer service skills, attention to detail and ability to be persistent while maintaining tact.
Proven ability to work independently.
Experience and comfort in a high volume, fast paced environment is essential.
Ability to negotiate.

Preferred Qualifications

Experience working with the contracts management team of a CRO

Physical Demands/Work Environment

Flexibility to participate in meetings across various time zones outside core working hours.
Occasionally working extended hours in order to adhere to client deliverable timelines.
May be required to attend client meetings off-site as directed by management.

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Seniority level