Commercial Project Manager

2 weeks ago

London, Greater London, United Kingdom Richmond Pharmacology Full time

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Job Title: Commercial Project Manager

Location: On-Site (London Bridge)

Term: Permanent, Full-time

Salary: Competitive Salary + Benefits (Private Medical, Private Dental, Pension, 33 days Annual leave (Inclusive of bank holidays & Many more)

Richmond Pharmacology is a leading Contract Research Organisation (CRO) specialising in early-phase clinical trials for pharmaceutical and biotechnology sponsors. With a commitment to excellence and innovation, we strive to advance medical research and contribute to the development of life-changing therapies.

The Role:

The main purpose of the Commercial Project Manager position within Richmond Pharmacology is to provide efficient oversight and coordination of commercial projects to ensure their successful execution. With a focus on contract management, financial tracking and project planning, the role is pivotal in driving project efficiency and seamless communication among stakeholders.

By preparing and updating contracts, managing financial aspects, and coordinating vendors, the Commercial Project Manager contributes significantly to the organisations ability to deliver projects on time and within budget.

Main duties and responsibilities

  • Prepare, update, and arrange reviews for various contracts, including Confidentially Disclosure Agreements, Letters of Agreement, Statements of Work, Master Service Agreements and Work Orders.
  • Develop and prepare the initial high-level timelines prior to contract execution, working with relevant stakeholders to outline the key milestones, deliverables and major activities that are to be accomplished throughout the duration of the study.
  • Define and outline the specific roles and responsibilities of both internal team members and external sponsors involved in the execution of studies. This is to include the creation of a study contact list to ensure efficient communication throughout the study lifecycle.
  • Manage study budgets by reviewing the finalised protocol to ensure accurate financial planning. Prepare change orders as required to guarantee financial alignment and effective resource utilisation.
  • Issue Task Orders to the study team in accordance with the contractual requirements and agreed deliverables.
  • Maintain and update the Payment Schedule Calculator on a monthly basis to ensure the financial aspects of the project are well managed and both Richmond Pharmacology and the sponsor have a clear understanding of the payment schedule throughout the project's lifecycle.
  • Track and report monthly PV, external monitoring, screen failure and other project related costs and liaising with finance to create invoice reports and ensuring the invoices are paid by the sponsor.
  • Update the monitoring visit tracker to maintain accurate records and facilitate oversight of study progress.
  • Manage the setup of vendor contracts and ensure seamless uploading of study and vendor (study-related) contracts into eMS and Prefect systems.
  • Handle the preparation of indemnity forms, coordinating reviews and managing statements of Insurance Cover and certificates for both Richmond Pharmacology and the sponsor and maintain a well organised list to facilitate seamless communication.

Additional responsibilities

  • Prepare and actively participate in Commercial/Contract kick-off meetings, ensuring there is an in depth understanding of project requirements and objectives from the outset.
  • Conduct a review of The Doctor Laboratory Pricing/Supplemental Agreement (TDL PSA) from a budget perspective, contributing to the optimisation of project financial planning and management.

Qualifications and Experience:

  • BSc or above in life Sciences, Accounting, Commercial/Business Management
  • Minimum of 5 year's experience working within a Commercial PM position
  • Extensive experience in managing projects
  • Demonstrable experience in contract management
  • Good financial acumen

Application:

If you are interested in the role, please register your details, including a copy of your CV. Please note, while we try to respond to every candidate, the high volume of applications anticipated may make this impossible and we ask for your patience and understanding.

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