Business Operations Associate - East Coast US - FSP

 Posted 2 hours ago
     
2-5 years experience
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AI Summary

The Business Operations Associate coordinates work orders, contract modifications, and purchase order processes to ensure efficient financial and resource management. The role involves partnering with FP&A and Procurement to provide budget forecasting, variance analysis, and FTE reporting for clinical engagements.

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.

Job Summary:

The Business Operations Associate serves as the internal coordinator for the work order, contract modification, contract management, and purchase order processes. This role works closely with the Director, Clinical Portfolio Services, Business Operations and key stakeholders to follow tight financial controls and is responsible for project management, and coordination required to drive the business to efficient and effective financial and resource management processes.

Key Accountabilities:

  • In partnership with FP&A, Procurement, Suppliers and Clinical Operations, ensure accurate, transparent, and timely contract and purchase order creation to support Clinical Operations;

  • In partnership with Clinical Portfolio Management Vendor Management, enter contracts, track POs, and change orders for Functional Service Provider (FSP) engagements.

  • Provides support to Clinical Business Operations team with:

    • budget, forecast and long-term planning.

    • generating variance analyses for projects.

    • decision-making and insights

    • development of forecasting and scenario support (e.g., what-if analyses, budget impacts)..

    • report generation such as, but not limited to, FTE reporting and financial variance reports. 

  • Data mapping projects to support transition to new databases and trackers

  • Contribute to continuous improvement and maintain a focus on value-add services relating to resource planning and financial planning.

Skills / Qualifications:

  • BA/ BS in Operations, Business, Finance or Data Science required.

  • 3 year’s experience in Pharma/CRO/Biotech, specifically with, clinical operations contracts, PO creation, and internal budget planning

  • Strong proficiency in Microsoft Excel (data manipulation) and PowerPoint (leadership presentations)

  • Demonstrated experience with Ariba, SAP, or other financial software 

  • Knowledge of clinical operations process, understand concept of clinical trials Phase I-III

  • Strong business acumen 

  • Strong problem solving and analytical skills 

  • Sound interpersonal, verbal and written communication skills 

  • Commitment to and performs consistently high quality work 

  • Ability to successfully work in a (‘virtual`) team environment 

  • Ability to identify and address issues proactively in a timely manner 

  • Ability to take work independently 

#LI-CF1

EEO Disclaimer
Parexel is an equal opportunity employer.  Qualified applicants will receive consideration for employment without regard to legally protected status, which in the US includes race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

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