Contract & Budget Specialist Jobs

Hybrid Remote - Mississauga, ON
Must Work On-Site 3 Days/Week
As a leading contract research organization (CRO), Labcorp Drug Development provides comprehensive drug development solutions for a range of industries. Our services cover the preclinical, clinical and post-market phases of drug development, the product life cycles for medical device and diagnostics and development services paired with regulatory support for the chemical testing and crop protection industries.
Labcorp Drug Development is a global leader in nonclinical safety assessment, clinical trial testing and clinical trial management services. Our unique perspectives are based on decades of scientific, medical and regulatory expertise.
Did you know?
In July 2022, Labcorp announced its intention to spin off its clinical development business as a separate public company, subject to the satisfaction of certain customary conditions. Fortrea will become the new brand identity for our Clinical Development business in connection with the spin-off, which is expected in mid-2023.
We believe that the exceptional is possible when you have the right partner, so we are looking for the right people to help build a transformative force in Clinical Development. www.fortrea.com
We are seeking a Contract & Budget Specialist to be responsible for the commercial relationship with sites involved in clinical trials including work from contract and amendment language, budget negotiation within the established timeline parameters. The Contract & Budget Specialist is able to perform in a fast paced environment, able to create and reset priorities as the need arises, identify and raise issues before they become critical, and adjust quickly to the changes of a dynamic organization.
Additional Responsibilities Include

• Appraises contracts for completeness and accuracy and ensures adherence to department guidelines; corrects documents and files changes to contracts.
• Evaluates priorities and quickly readjusts priorities with the changing needs of business.
• Participates in local study team meetings for the purpose of expediting the contract signing process as directed.
• Works cross functionally with Clinical Operations and Project Management in support of timely site start up for the conduct of clinical trials including accurate forecast of contract execution timelines.
• Collaborates with the sponsor LM who will partner with other compliance departments to ensure country specific laws and regulations are followed to minimize risk in clinical trials.
• Tracks all site interaction in data base in a timely and accurate manner and ensures that status updates are fully descriptive.
• Exhibits proficiency in managing multiple projects with competing priorities.
• Ensures the successful negotiation and on-going management of clinical trial agreements with investigative sites.
• Reviews and evaluates client requested contract changes and based upon department guidelines escalates deviations as appropriate.
• Communicates and explains legal/ budgetary issues to internal and external parties per department guidelines.
• Exhibits increasing proficiency in executing documents that are complete and accurate delivered within shorter timeframes.
• Generates ideas and solutions to improve requested contract/budget changes while appropriately partnering with sponsor LM for feedback and execution.
• Creates and maintains files for each contract.
• Identifies and proactively raises issues prior to their becoming critical or creates risk.
• Advances consistency, timeliness and completeness of all interactions with site in database.

Requirements

• Creative problem solver, skilled in risk management
• Bachelor’s Degree or international equivalent
• COVID-19 vaccination required
• Understands project management and service delivery
• Familiarity with contracts
• Read write and speak fluent English; fluent in local language
• Two or more years relevant experience involving contracts and negotiation in the pharmaceutical or CRO environment

Great Benefits At Labcorp
Regular, full-time or part-time employees working 20 or more hours per week are eligible for comprehensive benefits including:

• Medical
• Company bonus where applicable
• Vision
• 401(K)
• Paid time off (PTO) or Flexible time off (FTO)
• Dental
• Life, STD/LTD
• Employee Stock Purchase Plan (ESPP)

Labcorp Is Proud To Be An Equal Opportunity Employer
As an EOE/AA employer, Labcorp strives for diversity and inclusion in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications of the individual and do not discriminate based upon race, religion, color, national origin, gender (including pregnancy or other medical conditions/needs), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. We encourage all to apply.
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