Manager, Clinical Contracts & Finance - II*

Innova Solutions is immediately hiring for an Manager, Clinical Contracts & Finance - II, Position type: Full time Contract Duration: 12+ months Location: Parsippany, NJ (HM Site), Seattle, WA, Foster City, California, Santa Monica, CA As an Manager, Clinical Contracts & Finance - II, you will: Summary: HYBRID - Onsite 3 days a week - T/W/Th A research-based biopharmaceutical company founded in 1987. Together we deliver life-saving therapies to patients in need. With the commitment and drive you bring to the workplace every day, you will be part of a team that is changing the world and helping millions of people live healthier, more fulfilling lives. Our worldwide staff is a close community where you can see the tangible results of your contributions, where every individual matters, and everyone has a chance to enhance their skills through ongoing development. As part of our rapidly growing science-driven organization, colleagues are revolutionizing healthcare by bringing urgently needed medicines to patients in the areas of Virology, Inflammation and Oncology conditions. We are proud to have some of the most talented colleagues from across the research, healthcare, pharmaceutical, biotechnology & business sectors, working together and supporting each other to help make a real difference to the lives of patients. Currently seeking an industry leader for Manager, Vendor Outsourcing within our Development Business Operations department. The Manager will have the opportunity to lead sourcing and contracting for full service CRO contracts within Oncology. This position will be responsible to develop and maintain sourcing plans, as well as sourcing events and contracting in a clinical research environment. This role will be responsible for the sourcing, contracting, including, facilitating vendor selection, RFI, RFP, contracting, and qualification with a focus on CRO services outsourced in support of clinical trials. The core responsibilities and skills required for this position include but is not limited to: Delivery Excellence * Is an expert in contract management and had a history of implementing and executing category roadmaps and sourcing plans * Develops global clinical development vendor strategy for a program or therapeutic areas * Manages contract and sourcing activities for clinical development programs providing consistent customer service and delivering quantitative value through cost savings and transformation/innovation * Manages the contract negotiation process across the entire life cycle including RFI, vendor identification, RFP, vendor selection decision, contracting negotiation, performance monitoring, change orders, and ensures proper closeout of agreements to maximize contract value and achieve target savings * Ensure the vendor selection process is compliant by managing risks * Partners with other functions such as Compliance, Legal and Regulatory as necessary * Collaborates with internal customers in vendor bidding and proposal development (RFP creation and analysis) * Partners with internal customers to develop study specifications and leverages benchmarking tools as appropriate * Translates business requirements into vendor capabilities and develops recommendations for vendor selection for a program or therapeutic area * Is an SME in resolving complex issues relating to contract negotiation and management? * Oversees the identification, selection and management of global external service providers * Leads Vendor bid defense meetings * Manages the contract negotiation process for complex or high value contracts * Demonstrates strong understanding of regulatory and legal issues pertinent to clinical development * Is project focused and works with a sense of urgency Strategic Thinking * Ability to understand, analyze and develop recommendations from multiple complex sources such as financial and operational perspectives * Influence vendor selection with stakeholders at the project team level Innovation * Identifies, develops, and deploys best practices in vendor selection, cost containment, and category management practices * Leverages prior experience with external benchmarking, industry best practices, and technology for continuous improvement Problem Solving * Takes ownership of issues from problem identification to successful resolution, testing recommendations for reasonableness * Triages study-level vendor management issues; escalates high-risk issues to appropriate stakeholders * Translates trends in operational and systematic issues and develops solutions with sustainability in mind to ensure roadblocks are removed during study start-up Influence and Partnership * Engage with study team leadership to drive sourcing strategy, compliance, and continued partnership *To view the full job description, click here>