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Fortrea · 2 days ago

Budget Builder & Site Contract Specialist, FSP

United States

Full-time, Contract

Remote

Entry, Mid Level

$80K/yr - $89K/yr

2+ years exp

Fortrea's FSP team is hiring a Budget Builder & Site Contract Specialist. In this role, you will be responsible for preparing country site budgets, negotiating site agreements, and ensuring compliance with legal standards throughout the contract negotiation process.

Clinical TrialsHealth Care

H1B Sponsor Likely

Responsibilities

Develop Clinical Trial Agreements (CTAs) utilizing standard templates and information from Contract Information Sheets. Ensure CTAs are executed in a timely manner in order to meet expected timelines for study start-up. Liaise with the legal departments to ensure any content changes to the CTAs are mutually agreeable, and in accordance with client's legally approved standard agreement language. Participate in Study kick-off meetings to obtain necessary information required for effective CTA execution

Solid understanding of standard contract language to enable decision making pertaining to sections of CTAs when language modifications are proposed by external contract parties. If language is not compliant, discuss issues with legal and work with the legal department, sites, contractors or vendors to resolve them

Generate site budgets based on final approved country budget in preparation for distribution to sites and following up with investigators. Research medical procedure costs using local or global database in order to provide accurate data for development of the site level budgets to allow Country Lead Monitors/Study Managers to calculate the latest average costs on procedures for their new studies

Manage CTAs ensuring all changes to agreements and corresponding components are updated according to client’s legal standards and client Global SOPs

Responsible to ensure annual review of all templates with the Legal department and Local Head of Monitoring and Site Management

Manage the contract tracking database, including coordination of timely updates with respect to CTA. Ensure accuracy of information and reconcile discrepancies between documents and the database. Responsible for posting of fully executed contracts in eFiliA and locally on the Clinical Operations secure drive

Process for each study, internal approval forms and other documents which are required to ensure compliance with the Internal Signatory Process and are also required for annual audits

Ensure excellent communication and collaboration as point person among clinical trial site personnel (Investigator, Study Coordinator, Institution's Legal Counsel) client’s Head, Clinical Operations, Legal Counsel and Manager, Insurance, throughout the contract negotiation process

Responsible for preparing for internal audits by maintaining a complete and accurate paper trail for each site contract negotiation

Negotiate Master Services Agreements (MSAs) with Institutions where Clinical Trials have been conducted and ensure they are reviewed prior to their renewal dates

Support Country Study site budget template, parameter, and payment term building to ensure timely setup of individual site budgets

Manage and execute assigned study site budget maintenance activities through life of study

Negotiate directly with globally assigned sites master clinical trial agreements rate cards

Partner with site payment department to ensure site budget and payment terms compatibility with payment systems and EDC requirements

Partner with internal Study Startup team, Clinical Operations teams, and TAU partners to improve overall SB&C metrics and implement processes

Ensure standards are applied to the SB&C processes across projects, portfolios and support continuous improvement activities while developing TA-aligned strategies

Leverage leading industry tools and data sources to provide budget and payment terms feedback aligned with parameters and fair market value guidance

Promptly recognize and improve potential delays and escalate non-performance

Qualification

Budget negotiationContract negotiationGlobal budget templatesClinical Trial AgreementsHealthcare experienceCommunicationCollaboration skills

Required

Must have 2+ years of budget/contract negotiation experience at CRO level

Direct site facing experience

Experience building global budget templates

Must have a Bachelors' degree or an equivalent scientific or commercial Higher Vocational education

Preferred

Experience in the healthcare field, pharmaceutical industry or clinical research preferred

2 years of site budget & contract negotiation experience at CRO level

2+ years of global experience building budget templates

Benefits

Medical

Dental

Vision

Life

STD/LTD

401(K)

ESPP

Paid time off (PTO) or Flexible time off (FTO)

Company bonus where applicable

Company

Fortrea

Fortrea is a provider of comprehensive Phase I through IV clinical trial management, clinical pharmacology, patient access solutions.

Founded in 2023

Durham, North Carolina, USA

10001+ employees

https://www.fortrea.com

H1B Sponsorship

Fortrea has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (14)

2024 (25)

2023 (6)