Contract Analyst II (CRO Services)
Caidya · United States
- Hybrid
- Full-time
- $95,000 / year
- United States
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Job highlights
- Manage contract development for clinical research.
- Create and revise contractual documents and budgets.
- Analyze and research contracts and budgets.
- Contribute to process improvements and team initiatives.
- Requires 2-4 years of relevant industry experience.
About the role
Contract Analyst II
Job Overview
Manage sponsor contract development process for medium to complex budgets and contracts to support an efficient, high-quality, and timely contracting process. The contract development process may include work orders, change orders, start-up agreements, and other contracts that may be assigned from time to time to support the delivery of sponsor studies. Supports team training and initiatives.
Job Duties And Responsibilities
- Lead and own the contract development process for the development of assigned deliverables that support contracting requirements with clients.
- Establish delivery timeline tables with internal stakeholders that support the efficient and timely delivery of client deliverables.
- Create and revise contractual documents for clients including LOIs, SUAs, Work Orders, Change Orders, CNFs, and ancillary documents, as required.
- Create and revise budgets for insertion in and in support of contractual documents, as required.
- Understand how to revise and remap client grids with management support.
- Review projected profit margins on budgets and escalate, as required.
- Maintain internal company trackers and CRM systems for assigned deliverables.
- Maintain departmental folders and filing for all assigned deliverables.
- Perform analysis and research on assigned budgets and/or contracts to support internal stakeholder and/or client inquiries.
- Contribute to process improvement initiatives, tool building, template refinement, and reporting and analysis efforts, as needed.
- Support team initiatives and process improvement efforts, as needed.
Job Requirements
Education
Bachelor's Degree: Life Sciences, Business, or similar degree preferred, but not required if relevant related experience in these fields has been achieved.
Experience
2-4 years of experience in proposal development, change order development, project financial analysis, or related functions. Experience in the Clinical Research industry required; CRO experience strongly preferred.
Skills/Competencies
- Independently, consistently, and successfully develop, manage, and deliver multiple contracts of varying types from medium to complex levels of complexity (inclusive of budgets, text, and ancillary documents) with intermediate support from the Line Manager.
- Lead the LOI, SUA, WO, CO, and CNF process for RSD, full service, and FSP opportunities, including gathering all approvals. Minimal process guidance from the Line Manager is needed.
- Multi-task and prioritize workload, be proactive and forward-thinking, and be comfortable challenging operational leadership input.
- Manage delivery timeline milestones with the contract input teams on any given deliverable and maintain clear communication throughout the contracting process for any shifts to the delivery timeline.
- Proactively seek out feedback, responses, and approvals (using email, Microsoft Teams messaging capability, and phone calls/meetings) from project teams in order to meet delivery timelines.
- Problem solve and investigate the source of errors/issues independently before seeking support from management.
- Subject matter expert on simple budget and contract construction and standard processes to the degree that allows effective training/Q&A responses for more junior team members.
Capabilities
- Experience with Microsoft Excel, Word, and Adobe. Able to link data and spreadsheets.
- Navigate MS Excel, customize Excel-driven formulas and trace dependencies, format Word documents and utilize Adobe PDF for deliverable finalization.
- Maintain CRM with relevant and accurate data, as required.
- Use SharePoint and Egnyte for file storage needs, as required.
Key skills/competency
- Contract Development
- Budget Management
- Clinical Research
- CRO Experience
- Proposal Development
- Change Order Development
- Project Financial Analysis
- Microsoft Excel
- Microsoft Word
- Adobe Acrobat
Skills & topics
- Contract Analyst
- Contract Management
- Clinical Research
- CRO
- Proposal Development
- Financial Analysis
- Remote
- Life Sciences
- Business Analysis
- Legal Contracts
How to get hired
- Tailor your resume: Highlight your 2-4 years of experience in proposal/change order development, financial analysis, and CRO experience.
- Showcase skills: Emphasize your proficiency in contract lifecycle management, budgeting, and specific software like Excel, Word, and Adobe.
- Address requirements: Clearly state your Bachelor's degree or equivalent experience in Life Sciences, Business, or related fields.
- Apply strategically: Use keywords from the job description in your application to align with Caidya's hiring process.
- Prepare for interviews: Be ready to discuss your experience with contract negotiation, problem-solving, and collaborating with internal stakeholders.
Technical preparation
Master Microsoft Excel: data linking, formulas, dependencies.,Practice Word formatting and Adobe PDF finalization.,Familiarize with CRM, SharePoint, and Egnyte.,Understand contract and budget construction basics.
Behavioral questions
Describe managing multiple contracts simultaneously.,How do you prioritize urgent tasks?,Tell me about a time you improved a process.,How do you handle disagreements with stakeholders?
Frequently asked questions
- What is the primary responsibility of a Contract Analyst II at Caidya?
- The primary responsibility of a Contract Analyst II at Caidya is to manage the sponsor contract development process for medium to complex budgets and contracts within the clinical research industry.
- What specific types of contractual documents will a Contract Analyst II create or revise?
- A Contract Analyst II will create and revise various contractual documents, including LOIs, SUAs, Work Orders, Change Orders, CNFs, and other ancillary documents as required by clients.
- What is the required educational background for this Contract Analyst role at Caidya?
- A Bachelor's Degree in Life Sciences, Business, or a similar field is preferred, but relevant related experience in these fields can substitute for the degree requirement.
- How much experience is needed to be considered for the Contract Analyst II position at Caidya?
- Caidya requires 2-4 years of experience in proposal development, change order development, project financial analysis, or related functions, with specific experience in the Clinical Research industry and a strong preference for CRO experience.
- What software proficiency is expected for this role?
- Proficiency is expected in Microsoft Excel (including linking data, customizing formulas, and tracing dependencies), Microsoft Word, and Adobe Acrobat for deliverable finalization.
- Does Caidya offer remote work for the Contract Analyst II position?
- Yes, the Contract Analyst II position at Caidya is a remote role based in the United States.
- What does 'CRO experience strongly preferred' mean for this role?
- It means that while experience in the Clinical Research industry is required, candidates with direct experience working for a Contract Research Organization (CRO) will be viewed more favorably.
- How does Caidya approach process improvement for contract development?
- Caidya encourages Contract Analysts to contribute to process improvement initiatives, tool building, template refinement, and reporting and analysis efforts, supporting team initiatives as needed.