CRO Pricing & Contracts Specialist

Parexel
Richmond, VA

Home Based, US

Parexel's Pricing & Contracts Specialist role is to amend, negotiate and finalize project budgets, support change in scopes and work on contract development with established templates. Previous experience in contracts within a CRO environment is required.

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'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
  • May customize templates approved by Legal for the relevant entities and post current copies on the Business Operations intranet
  • Participate in the development and testing of tools and procedures
  • Potential training and mentoring of other Business Operations team members May have involvement in discussing legal terminology for contractual documents as appropriate

Skills

  • Ability to lead internal meetings
  • 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
  • Established negotiation skills

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. MBA or Paralegal certification preferred.

#LI-REMOTE

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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Posted 2026-05-04

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