Demo

Director, Contract Management and Development Outsourcing

Verona Pharma
NC Remote Full Time
POSTED ON 1/20/2025
AVAILABLE BEFORE 4/18/2025

We are seeking an experienced and strategic Director of Contract Management and Development Outsourcing to lead and oversee all aspects of vendor contracting, site budget development, and contract negotiations. This role is instrumental in managing relationships with external vendors and ensuring alignment with company goals, compliance standards, and financial targets. The ideal candidate will bring a strong background in contract management, vendor negotiations, and budget oversight, with significant experience in the pharmaceutical or CRO industry. While we value and support remote work, this position requires a local presence in the Raleigh / Durham / Chapel Hill area for periodic in-person collaboration, training, and important team meetings. Why You’ll Love This Role : Strategic Impact : You'll play a pivotal role in driving the success of clinical studies by ensuring vendor partnerships and budgets are optimized to meet organizational goals. Collaborative Environment : Work closely with cross-functional teams, including Clinical, Legal, and Finance, in a dynamic and supportive setting that values innovation and teamwork. Professional Growth : Take ownership of critical processes and build strong industry relationships, while contributing to the advancement of impactful healthcare solutions. Who We Are : At Verona Pharma, we are passionate about transforming the lives of millions of people living with chronic respiratory diseases. With our first product now approved by the US FDA, we’re just getting started. Our innovative respiratory pipeline targets a range of conditions, including non-CF bronchiectasis, cystic fibrosis (CF), and asthma, driven by a commitment to bringing relief to patients navigating the challenges of progressive respiratory conditions. Joining Verona means being part of a forward-thinking team that’s redefining what’s possible in drug development and commercialization. Guided by experienced leadership, we embrace a collaborative, diverse, and inclusive culture where your contributions can help shape a healthier future for patients worldwide. Be part of a mission-driven organization where your work has a direct impact on improving quality of life. What You’ll Do : Serve as the primary point of contact for vendors, managing the process from RFP issuance to final contract execution. Lead the development and negotiation of Scopes of Work (SoW), collaborating with cross-functional teams to ensure alignment with study requirements and budgets. Partner with Finance to manage overall study budgets, track Change Orders, and update budgets as needed. Negotiate contract terms, amendments, and discounts with vendors, ensuring compliance with Master Service Agreements (MSA). Review and refine template Investigator budgets, supporting alignment with study needs and fair market value (FMV). Coordinate bid defense meetings and vendor capability presentations to support vendor selection. Manage and nurture relationships with vendor business development representatives to foster strong partnerships. Ensure timely closure of invoicing and contracts, maintaining accuracy in financial and contractual records. What You’ll Bring : Minimum of 7 years’ experience in contract management, preferably within the pharmaceutical industry or a combination of CRO and pharma settings. Demonstrated expertise in managing vendor contracts, site budgets, and Change Orders. Proficient in financial planning and budget tracking, with a collaborative approach to working with Finance teams. Strong negotiation skills, with the ability to align contracts with business goals and legal standards. Familiarity with Grant Plan and FMV guidelines for Investigator grants. Advanced proficiency in Microsoft Office Suite (Word, Excel, PowerPoint). Exceptional organizational and communication skills, with the ability to manage multiple priorities and stakeholders effectively. Detail-oriented and results-driven, with a commitment to timely project delivery. Local presence in the Raleigh / Durham / Chapel Hill area Why Join Verona? At Verona, you’ll have the chance to be part of a team bringing first-in-class treatments to patients who need them most. We offer : A collaborative and inclusive culture that values your contributions. Remote work flexibility for a better work-life balance. Competitive benefits, including generous PTO and comprehensive health plans. An Equal Opportunity Employer : Verona Pharma is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. All employment decisions at Verona Pharma are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and / or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate.   Powered by JazzHR

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Director, Contract Management and Development Outsourcing?

Sign up to receive alerts about other jobs on the Director, Contract Management and Development Outsourcing career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$171,293 - $224,877
Income Estimation: 
$247,701 - $401,634
Income Estimation: 
$171,293 - $224,877
Income Estimation: 
$247,701 - $401,634
Income Estimation: 
$73,352 - $97,055
Income Estimation: 
$91,406 - $117,952
Income Estimation: 
$95,070 - $132,417
Income Estimation: 
$127,075 - $172,051
Income Estimation: 
$171,293 - $224,877
Income Estimation: 
$95,070 - $132,417
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Verona Pharma

Verona Pharma
Hired Organization Address NC Full Time
Are you ready to make a difference in a fast-paced, collaborative environment? Verona Pharma is seeking a Sr Manager, IT...
Verona Pharma
Hired Organization Address NC Full Time
Are you ready to make a difference in a fast-paced, collaborative environment? Verona Pharma is seeking a Sr Manager, En...

Not the job you're looking for? Here are some other Director, Contract Management and Development Outsourcing jobs in the NC area that may be a better fit.

Associate Director, Outsourcing Management

Bristol Myers Squibb, Madison, NJ

AI Assistant is available now!

Feel free to start your new journey!