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Home Based, US

The Contract Specialist's role is a member of the commercial (sales) contracts team at Parexel. The role of a Contracts Specialist is to draft and negotiate contracts, as well as prepare, amend or update project budgets.

Key Accountabilities

• Prepare and able to finalize in a client-ready format draft contract document, including Start-up Agreements, Work Orders and Change Orders from Parexel or client templates per guidance provided by the assigned Contract Manager or Line Manager or autonomously and in conjunction with relevant departments
• Amend, finalize, and present project budgets as required
• May negotiate budget changes with client
• Prepare payment schedules as required, to support bids and for inclusion in contract documents
• Direct client interaction with established contacts in conjunction with the assigned Contract Manager or Line Manager
• Provide quality client deliverables to strict deadlines
• Facilitate review and approval of contractual documents and budgets in accordance with relevant policies and procedures
• Participate in contract review meetings with clients and internal customers
• Communicate with and inform the FBP of ongoing budget changes and provide finance system load ready budget tools in accordance with relevant policies and procedures
• Review client contractual templates with support from Line Manager/ Contracts Director / LRM and edit as appropriate to ensure Parexel positions are covered and to highlight areas of potential concern
• Ensure contracts with client edits received back from the client show all the appropriate changes
• Customize Parexel templates to meet client template requirements
• Ensure contractual documents are processed into and maintained in relevant databases
• May customize templates approved by Legal for the relevant entities and post current copies on the Business Operations intranet
• May have involvement in discussing legal terminology for contractual documents as appropriate

Skills

• Highly organized with excellent oral and written communication skills
• Excellent analytical skills, problem-solving skills and attention to detail
• Highly confident dealing with internal staff, and external if required

Knowledge And Experience

• Knowledge of contract management principles
• Comprehensive knowledge of relevant software (Windows, Word, Excel, Outlook, Databases).

Education

• Bachelor’s Degree in Life Science, Business, Languages or equivalent.