Revenue Collections Consultant - Contract and Budget Negotiations

Introduction: Join [Company Name], a leader in [industry/sector], where your expertise in contract and budget negotiations will directly impact our success. We value innovation, dedication, and collaboration.

Summary:  We are seeking a detail-oriented and highly skilled Revenue Collections Consultant to handle all aspects of contract and budget negotiations, and collections services for our client engagements. This role requires a keen understanding of financial documents management, negotiation strategies, and client communication to ensure seamless integration of contractual and budgetary requirements.

Key Responsibilities:

• Act as the exclusive and sole negotiator for study contracts and budgets with the Sponsor/CRO before the initiation of the study, ensuring all contract terms and budget allocations are favorable to the client.
• Handle all communications and decision-making processes concerning contract terms and budget negotiations, maintaining transparency and alignment with client objectives.
• Collaborate closely with the client to integrate their specific contractual and budgetary requirements into the negotiation process.
• Manage, scan, and electronically store all budget and finance-related documents for studies awarded under the agreement and scope of work.
• Track and manage accounts receivable, perform ongoing study reconciliation, and handle invoicing based on data provided by the client.
• Conduct periodic collection calls and maintain regular communication with the client through meetings and updates to discuss trial-specific financials and overall receivables.
• Train on and promote the ongoing use of a financial portal, ensuring the client is comfortable with accessing and interpreting financial reports based on their data.
• Coordinate initial contract and budget negotiations and execute all necessary re-negotiations as applicable.
• Reconcile all financial transactions including monies received and fees paid, and manage invoicing and other financial documentation in accordance with client data.

Requirements

• Bachelor’s degree in Finance, Business Administration, or related field.
• Proven experience in finance or budget management, preferably within a clinical research or similar industry.
• Strong negotiation skills with a track record of successful contract and budget negotiations.
• Excellent organizational and project management skills to handle multiple negotiations and financial management tasks.
• Proficient in financial software and databases, with the ability to quickly learn and use new financial portals and reporting tools.
• Strong communication and interpersonal skills to effectively liaise with clients and stakeholders.

Benefits

What We Offer:

• Competitive salary and benefits package.
• Opportunities for professional growth and development.
• Dynamic and supportive work environment.
• Flexible working hours and remote work options.