Contracts Specialist - Budget Focus

Reposted 2 Days Ago
Be an Early Applicant
2 Locations
Remote
Mid level
Pharmaceutical
The Role
Prepare, amend and finalize contracts and project budgets from templates; negotiate and review client contractual documents; coordinate approvals; maintain contract databases; liaise with Finance, Legal, Project Management, Business Development and clients to ensure timely, compliant deliverables.
Summary Generated by Built In

When our values align, there's no limit to what we can achieve.
 
At Parexel, we all share the same goal - to improve the world's health. From clinical trials to regulatory, consulting, and market access, every clinical development solution we provide is underpinned by something special - a deep conviction in what we do.

Each of us, no matter what we do at Parexel, contributes to the development of a therapy that ultimately will benefit a patient. We take our work personally, we do it with empathy and we're committed to making a difference.

Parexel is looking for a Contracts Specialist to be based remotely in South Africa, Serbia, or Poland. In this role, you will amend, negotiate and finalise project budgets together with creating draft contractual documents.  You will have the opportunity to work closely with colleagues across various departments such as Finance, Legal, Project Management, Business Development and Operational Groups as well as build relationships with Clients and external vendors.
 

A significant portion of the Contracts Specialist role involves working with budget management tools, so we are primarily looking for people with strong Excel and budgeting experience.

Key Accountabilities

  • Prepare draft contract documents, including Start-up Agreements, Work Orders and Change Orders, from Parexel templates per guidance provided by the assigned Contract Manager or Line Manager, and in conjunction with relevant departments

  • Amend project budgets as required

  • Direct client interaction with established contacts per guidance provided by the assigned Contract Manager or Line Manager

  • Provide quality client deliverables to strict deadlines

  • Facilitate review and approval in accordance with relevant policies and procedures

  • Cooperation with Finance on ongoing budget changes and provide finance system load ready budget tools in accordance with relevant policies and procedures

  • Participate in contract review meetings with clients and internal customers

  • Review client contractual templates with support from Line Manager/ Contracts Director / LRM and edit as appropriate to ensure Parexel's 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

  • Ensure contractual documents are processed into and maintained in relevant databases

Skills and Experience required for the role:

  • University Degree (Preferably in Finance or Business) or equivalent

  • Strong budgeting experience

  • Knowledge of contract management principles

  • Advanced Excel user (experience working with formulas)

  • Fluent in English and local language, oral and written

  • CRO experience and Early Phase experience - nice to have

  • Highly organized with excellent communication skills

  • Excellent analytical, problem-solving skills and attention to detail

  • Experience dealing with senior stakeholders

  • Negotiation skills

Skills Required

  • University degree (or equivalent), preferably in Finance or Business
  • Knowledge of contract management principles
  • Experienced Excel user (experience working with formulas)
  • CRO experience and Early Phase experience
  • Highly organized with excellent oral and written communication skills
  • Excellent analytical and problem-solving skills with attention to detail
  • Experience dealing with senior stakeholders
  • Negotiation skills
  • Fluent in English, oral and written

Parexel Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Parexel and has not been reviewed or approved by Parexel.

  • Healthcare Strength Health coverage is described as comprehensive, including medical, dental, vision, HSA/FSA options, and company-paid disability insurance. Descriptions often portray the package as strong or “top notch,” adding meaningful value.
  • Retirement Support Retirement offerings include a 401(k) with company matching and, in some regions, generous pension contributions. Core financial protections are emphasized as a solid part of the total rewards.
  • Leave & Time Off Breadth Time-off programs include ample PTO or flexible/unlimited RTO alongside flexible schedules and remote/hybrid options. Work-life balance support from managers is highlighted as a practical advantage.

Parexel Insights

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The Company
HQ: Raleigh, NC
20,524 Employees

What We Do

Parexel is among the world’s largest clinical research organizations (CROs), providing the full range of Phase I to IV clinical development services to help life-saving treatments reach patients faster. Leveraging the breadth of our clinical, regulatory and therapeutic expertise, our team of more than 21,000 global professionals collaborates with biopharmaceutical leaders, emerging innovators and sites to design and deliver clinical trials with patients in mind, increasing access and participation to make clinical research a care option for anyone, anywhere. Our depth of industry knowledge and strong track record gained over the past 40 years is moving the industry forward and advancing clinical research in healthcare’s most complex areas, while our innovation ecosystem offers the best solutions to make every phase of the clinical trial process more efficient. With the people, insight and focus on operational excellence, we work With HeartTM every day to treat patients with dignity and continuously learn from their experiences, so every trial makes a difference. For more information, visit parexel.com. Community Guidelines Because Parexel’s social media channels are open to the general public and employees, we are not responsible for views expressed other than our own. However, we do not tolerate posts that are: • Abusive, harassing or threatening to others. • Defamatory, offensive, obscene, vulgar or depicting violence. • Hateful targeting by race/ethnicity, age, color, creed, religion, gender, sexual preference or orientation, nationality or political beliefs. • Sexually explicit or pornographic. • Fraudulent, deceptive, libelous, misleading or unlawful. • Referencing criminal or illegal activity. • Spamming. We reserve the right to remove any comments that do not adhere to our guidelines as well as report users who violate the rules of our page.

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