Director, Contract Management and Development Outsourcing

Summary

Join Verona Pharma as their Director of Contract Management and Development Outsourcing and lead all aspects of vendor contracting, site budget development, and contract negotiations. This pivotal role requires managing relationships with external vendors, ensuring compliance, and meeting financial targets. The ideal candidate will have a strong background in contract management, vendor negotiations, and budget oversight within the pharmaceutical or CRO industry. While remote work is supported, a local presence in the Raleigh/Durham/Chapel Hill area is needed for in-person collaboration. This position offers strategic impact, a collaborative environment, and professional growth opportunities within a mission-driven organization focused on improving respiratory health. Verona Pharma offers a collaborative and inclusive culture, remote work flexibility, and competitive benefits.

Requirements

• 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

Responsibilities

• 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

Benefits

• 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