Manager, Clinical Cost Strategy, Hosur
Manager, Clinical Cost Strategy, Hosur
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Hosur, India
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Posted: less than a month ago
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Description
About the Company The Manager, Clinical Cost Strategy is responsible for designing, managing, and communicating robust analytical frameworks to translate the clinical delivery operating model into transparent and actionable cost structures for outsourced clinical work. The role works cross-functionally with Strategic Partnerships and Outsourcing, Clinical Operations, Procurement and other internal/external stakeholder groups to ensure that cost modeling and analytics drive strategic decision-making, financial predictability and accuracy for clinical trials.About the Role The Manager, Clinical Cost Strategy is responsible for designing, managing, and communicating robust analytical frameworks to translate the clinical delivery operating model into transparent and actionable cost structures for outsourced clinical work. Responsibilities Analytical Cost Structure&Modeling Translate operating models, resourcing plans, and partnership arrangements into detailed cost frameworks for internal review and external supplier negotiations. Ensure frameworks are flexible and fit for purpose. Support development of contracting strategies with differing operating model approaches.Optimize and refine cost templates, standards, and analytical tools to support accurate, data-driven cost design, forecasting and accuracy for outsourced clinical activities. Identify opportunities for workflow automation, improved data clarity, and increased productivity using technology solutions.Design, develop, and maintain tools—primarily in Excel using VBA—to support SPO/CPO deliverables. Build seamless integrations between Excel (via VBA) and external/commercial databases, enabling bi-directional data flows and robust automation. Develop technical solutions to meet cost data needs from service providers, includingtranslating business requirements through close communication with stakeholders.Stakeholder Engagement&Influence Act as a conduit between Strategic Partnerships and Outsourcing, Clinical Operations, Procurement, Finance, and external suppliers to ensure alignment on cost assumptions and transparency to develop contracting strategies. Collaborate with functional leads to translate scientific and operational requirements into clinical pricing tool(s); facilitate consensus on cost structure for outsourced work.Present analytical findings and recommendations to stakeholders at all organizational levels, supporting negotiation, scenario planning, and strategic investment decisions. Qualifications Bachelor’s degree required (BA/BS), ideally in a quantitative, scientific, or business field. Advanced degree or relevant certifications (e.g., MBA, CPA) preferred.Required Skills 5+ years of experience in financial analysis, including clinical budget creation, negotiations, clinical cost modeling, or similar roles within pharma/biotech R&D or CRO. Demonstrated experience translating business/operating models into actionable cost structures. Strong skills in database design and management. Strong analytical skills and the ability to think/act strategically. Proven ability to synthesize complex operating and scientific data into clear, strategic financial recommendations.Advanced skills with analytical, visualization, and business systems/tools (AI/ML, MS Excel, SharePoint, Tableau, SmartSuite, etc). Experienced VBA Programmer. Exceptional stakeholder engagement, communication, and presentation skills. Experience working in a global, matrixed environment with cross-functional teams and external vendors.Preferred Skills Advanced degree or relevant certifications (e.g., MBA, CPA) preferred. Pay range and compensation package Compensation details are not provided in the job description. Equal Opportunity Statement We are committed to diversity and inclusivity in our hiring practices.
Highlights
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Company nameCosMicIT
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Job positionManager, Clinical Cost Strategy
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