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Contract Analyst (100% Remote)


PayCompetitive
LocationRemote
Employment typeContract

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  • Job Description

      Req#: 9236
      Job Title: Contract Analyst (100% Remote)

      Client: Medical Device Manufacturing Company
      Duration: 02 years contract
      Location: Virtual Minnesota 55448


      Shift: 1ST Shift

      HM's Top Needs:
      1. Strong Communication Skills
      2. Ability to think critically in a matrixed environment
      3. Dual familiarity with legal terms/conditions and budget/finance basics.

      Position Overview:
      Typically, an individual contributor with responsibility in a professional discipline or specialty. Delivers and/or manages deliverables assigned and works with other stakeholders to achieve desired results. May own a project and collaborate closely to make decisions with colleagues or may direct the work of other lower-level professionals. The majority of time is spent delivering and overseeing the individual deliverables assigned - from drafting to execution - while adhering to policies, using specialized knowledge and skills normally acquired through advanced education. It may include leading smaller projects in support of Contracts from design stage to implementation.

      Responsibilities:
      • Using customer service skills such as clear and persuasive communication skills, time management, adaptability, patience, and effective listening.
      • 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 drafting, development, negotiation, contract administration, and supplier contact activities.
      • Tracking progress of contract activities, providing status updates, compiling and analyzing contract data, and maintaining historical contract information.
      • Thorough understanding and application of clinical trial industry practices, including clinical trial agreements and budgeting processes.
      • Managing moderately complex contract negotiations with guidance from senior-level professionals. Escalating negotiations as needed.
      • Using critical thinking skills to review contract redlines for understanding and intent. Making recommendations regarding how to proceed.
      • Serving as a project leader for smaller, new or existing studies (with manager and senior-level professional review/input).
      • Frequently interacting with internal customers/clients, including senior management, and external parties.
      • Administering, extending, negotiating, and terminating standard and nonstandard contracts.
      • Examining estimates of material, equipment services, production costs, performance requirements, and delivery schedules for accuracy and completeness.

      Nice to Have:
      • Experience supporting clinical research or similar experience in a medical/scientific area.
      • Good Clinical Practices (GCP) background.
      • Clinical and/or vendor agreement and management experience.
      • Experience working in a matrix environment with proven cross-functional experience.
      • Previous experience in a customer-facing role.
      • Project Management experience.
      • Experience with Microsoft Office (e.g., Word, Excel, PowerPoint).

      Education Required:
      Bachelor's degree with a minimum of 4 years working with contracts and/or contract negotiation experience, or advanced degree (e.g., JD, Masters) with a minimum of 2 years working with contracts and/or contract negotiation experience.
      Juris Doctorate (JD) a plus.
      Bi-lingual a plus (Spanish, French, Italian, Other).

      Responsibilities may include the following and other duties may be assigned:
      Administers, extends, negotiates, and terminates standard and nonstandard contracts. Conducts proposal preparation, contract negotiation, contract administration, and customer contact activities in accordance with company policies and legal requirements. Examines estimates of material, equipment services, production costs, performance requirements, and delivery schedules to ensure accuracy. Prepares bids, processes specifications, and advises management of contractual rights and obligations.

      Specialist Career Stream: Typically an individual contributor with responsibility in a professional discipline or specialty. Delivers and/or manages projects assigned and works with other stakeholders to achieve desired results. May act as a mentor or direct the work of lower-level professionals. The majority of time is spent delivering and overseeing projects from design to implementation.

      Differentiating Factors:
      • Autonomy: Works independently with general supervision on larger, moderately complex projects/assignments.
      • Organizational Impact: Sets objectives for own job area to meet project objectives.
      • Innovation and Complexity: Problems faced are general and may require understanding of broader issues.
      • Communication and Influence: Communicates primarily with internal contacts; external interactions are less complex.
      • Leadership and Talent Management: May provide guidance to entry-level professionals.

      Required Knowledge and Experience:
      Requires practical knowledge and demonstrated competence within the job area typically obtained through advanced education combined with experience. Requires a University Degree and a minimum of 2 years of relevant experience, or an advanced degree with 0 years of experience.

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