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Contracts Management - Outsourcing

Remote, NJ 00000

Posted: 09/08/2023 Employment Type: Contract Job Category: Professional Services Job Number: 581537 Is job remote?: Yes Country: United States

Job Description

This position requires a deep understanding of CRO and CMC vendor agreements, among others, with a primary focus on budgeting and financial aspects. The Outsourcing Consultant will collaborate closely with cross-functional teams to ensure successful vendor partnerships and contribute to the overall efficiency and success of our pharmaceutical projects.

Key Responsibilities:

Financial Analysis and Budget Management:
  • Analyze proposed CRO and CMC vendor budgets to ensure alignment with project requirements and financial guidelines.
  • Evaluate cost structures, resource allocations, and potential cost-saving opportunities within vendor agreements.
  • Collaborate with finance teams to develop accurate budget forecasts and track expenses throughout the project lifecycle.
  • Provide insights on financial implications and risks associated with outsourcing decisions.
Vendor Relationship Management:
  • Develop and maintain strong relationships with CROs and CMCs, serving as a point of contact for financial discussions and negotiations.
  • Engage in regular communication with vendors to discuss budget-related matters, including cost estimates, invoicing, and potential changes in scope.
  • Collaborate with vendor management teams to align expectations and resolve any financial disputes or discrepancies.
Contract Oversight:
  • Collaborate with legal and contract teams to review and validate financial terms within vendor agreements, ensuring alignment with budgetary goals.
  • Provide recommendations for contract improvements related to financial terms and obligations.
  • Support the negotiation process by offering insights on budget constraints and financial feasibility.
Cross-functional Collaboration:
  • Work closely with project managers, clinical development teams, and other internal teams to ensure that vendor agreements are consistent with project timelines and deliverables.
  • Participate in cross-functional meetings to discuss project progress, financial status, and potential adjustments to outsourcing strategies.

Qualifications:
  • Bachelor's degree in a relevant field (Business, Finance, Life Sciences, etc.); advanced degree preferred.
  • Several years of experience in pharmaceutical procurement, outsourcing, or vendor management, with a specific focus on CRO and CMC vendor agreements.
  • Strong financial acumen and proficiency in budget analysis, cost estimation, and financial forecasting.
  • In-depth knowledge of the pharmaceutical industry, including regulatory requirements and project lifecycle processes.
  • Excellent communication and negotiation skills, with the ability to build and maintain relationships with external vendors and internal stakeholders.
  • Analytical mindset with the ability to translate complex financial data into actionable insights.
  • Strong problem-solving skills and the ability to navigate through complex outsourcing scenarios.
  • Proficiency in relevant software tools and applications (e.g., Excel, project management software).



Pay Rate Range: 50-80/hr. Salary will be commensurate with experience

The staffing industry has seen an increase in people falsely representing themselves as recruiters to gather personal information from job seekers. For your safety, do not provide sensitive data to anyone you have not spoken with thoroughly and never provide banking information during the application process. Candidate safety is a top priority at Planet Pharma.

Planet Pharma and The Planet Group of Companies are equal opportunity employers. It is our practice not to discriminate against any employee or applicant based on any criteria, condition or basis protected by laws or regulations in the locations where we do business. All qualified applicants are encouraged to apply. We celebrate diversity and are committed to providing an environment of mutual respect. We believe that diversity, equity and inclusion enable us to better meet our mission and values while serving our clients across the globe. If you have a disability or handicap and would like us to accommodate you in any reasonable way, please inform your recruiter, or contact us, so that we can discuss the appropriate alternatives available.

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Although this hasn't been an issue at The Planet Group, the staffing industry has seen an increase in people falsely representing themselves as recruiters to gather personal information from job seekers. For your safety, do not provide sensitive data to anyone you have not spoken with thoroughly and never provide banking information during the application process. Candidate safety is a top priority at The Planet Group.

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