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Supervisor - Grant Payments

3 months ago

Bengaluru, Karnataka, India Fortrea Full time

As a leading global contract research organization (CRO) with a passion for scientific rigor and decades of clinical development experience, Fortrea provides pharmaceutical, biotechnology, and medical device customers a wide range of clinical development, patient access and technology solutions across more than 20 therapeutic areas.

With over 19,000 staff conducting operations in more than 90 countries, Fortrea is transforming drug and device development for partners and patients across the globe.


Essential Job Duties:

  • Knowledge Transfer of Grant Payments activities to the team.
  • Establish SOPs, processes, define system and other requirements.
  • Direct line management responsibility for Grant Payments team members: recruitment, training, development, allocation, supervision, utilization, and performance review.
  • Effectively network with others throughout Fortrea (i.e. Finance, Global Process Organization (GPO), Business Process & Solutions (BPS), Business Development, Contract Management).
  • Develop and maintain expertise with respect to Grant Payments regulations.
  • Provide insights for project specific plans that include Grant Payments input.
  • Determine strategies for responding to problems and queries.
  • Coordinate completion of clientrelated special projects (requested by management or client).
  • Assess ongoing resource requirements and inform management.
  • Anticipate and monitor project requirements and institute appropriate actions to ensure timelines and budget needs are met.
  • Track the status of payments, generate metrics, pursue issue resolution and provide business solutions for cross functional issues around Grant Payments activities.
  • Maintain Internal Controls while processing payments, like Segregation of Duties, adhering to processes and policies.
  • Assess workload and staffing needs of group (resource allocation).
  • Interact with internal and external work groups to evaluate and forecast workload and resource needs.
  • Present at internal and external meetings, including client meetings, as required.
  • Ensure appropriate communication on projectrelated matters with the clinical project team.
  • Perform other duties as assigned by management.
  • Review and, in accordance with Fortrea standards and assigned authority, approve payments for Grant Payments activities.
  • II

Experience:


Required:

  • Minimum of 5 years' transactional accounting experience (AP, Billing etc.) or 2 years experience in Investigator Grant Payments in CRO industry.
  • Minimum of 2 years line management experience and ability to oversee the work of others.
  • This is Bangalore office based role working in 2nd shift hours
  • Working knowledge of payments processing in ERP systems.
  • Ability to network, negotiate and liaise face to face and remotely with high level internal and external stakeholders in a professional manner.
  • Demonstrated strong team working and team leadership skills.
  • Ability to manage multiple competing priorities and projects without supervision, including strong communication, planning & organizational skills.
  • Ability to inspire and lead by example and motivate teams to seek solutions and get results.
  • Abilities to review/analyze and report relevant data to assist in building evidencebased clinical trial strategies.
  • Strong computer skills including MS Office, with an ability to understand, access and leverage technology alternatives.

Preferred:

  • 5 years' experience supervising a transactional Investigator Grant Payable accounting team in CRO industry. Demonstrated Site Services experience. Demonstrated Finance experience in a Shared Service environment. Understanding of aspects surrounding Fortrea business development and financial control (time and cost estimates, bid defense, contracts) Understanding of relevant Fortrea procedures, including Standard Operating Procedures Understanding of IRS, ICH GCP, US FDA regulations, regulations applicable to local office, guidelines, and practices regarding Good Clinical Practices. Understanding of global drug development and the clinical trial project management process, with emphasis on investigator sites, site activation processes, patient recruitment and retention and site grant and nongrant payments.
  • II
I. Education/Qualifications/Certifications and Licenses

Minimum

Required:

  • Bachelor's degree (Life Sciences or Business or Commerce & Accounting)
  • Strong computer skills with an ability to understand, access and leverage technology alternatives.
Fortrea is proud to be an Equal Opportunity Employer:

As an EOE/AA employer, Fortrea strives for diversity and inclusion in the workforce and does not tolerate harassment or discrimination of any kind.

We make employment decisions based on the needs of our business and the qualifications of the individual and do not discriminate based upon race, religion, color, national origin, gender (including pregnancy or other medical conditions/needs), family or parental status, marital, civil union or domestic partnership