Job Description
The Costing Manager I is a position that sits within the Costing Department, as part of the Enterprise Client Solutions group. The role is primarily charged to develop proposals and pricing solutions for Biometrics services, working individually and/or with the Costing Directors and will predominantly liaise with the Biometrics Management teams and the Costing Directors on a daily basis. Interactions with other functional roles from Strategy and Planning, Therapeutic Area Business Units, Project Management Centre of Excellence, Client Services, Business Development, Global Clinical Trial Organization (GCTO), Biometrics, Drug Safety and Global Regulatory Services will also be necessary in accomplishing the job.
Essential Job Duties
Serves as a Costing Manager to support the costing department to ensure clear alignment of project costings to customized delivery strategy by performing but not limited to the following tasks:
• Review RFP scope and specs and initiate the costing process by initial update of the pricing tool and ensure that this is updated and accurate on an ongoing basis during the cost finalization process
• Review, update and adjust the initial system generated default budget independently or after feedback and direction from costing director/s and other stakeholders
• Attend all team meetings during the RFP process like but not limited to- risk assessment for RBM, strategy, pricing specification, pricing delivery or challenge call, senior management call and bid defense preparation
• Lead and deliver the full proposal, ballpark, abbreviated response, letter and/or re-cost estimates by accomplishing the complete RFP process independently with administrative support from Proposals Associate.
• Deliver individually or under supervision from the Costing Director and manage all delegated aspects of costing compilations for RFP responses and non-compete awarded projects.
• Determine appropriate Biometrics scope and deliverables for new RFPs based on available Protocol and/or Synopsis and schedule of events (SoE)
• Establish and maintain a close relationship with Biometric leadership to ensure new technologies and platforms are accurately reflected in proposal response.
• Review proposed pass through items and costs for new RFPs and request adjustments if required to ensure accurate pass through costs
• Review and respond to queries from vendors during RFP phase, review proposed vendor quotes and request adjustments in consultation with costing director/s if required to ensure accurate vendor costs
• Support writing and review of the assumptions document included in RFP response to ensure accuracy and alignment with the proposed budget
• Support writing and review of RFI response to ensure questions have been accurately addressed and aligned to current business practices as defined in Standard Operating Procedures
• Liaise with Biometrics management for project resource assignments and handover requirements during the RFP or on award as necessary.
• Negotiate for team assignments with relevant experience and availability after review of the proposed CVs.
• Review and coordinate with pricing to ensure accurate mapping and finalization of client budget grid with Fortrea WBS codes
• Support and contribute to ongoing updates of Biometrics algorithms by working in close coordination with the costing director/s, Biometrics Management and other relevant stakeholders.
• Contribute to the costing director team in any strategic process improvement initiatives
• Perform other duties as assigned by management of the Costing Department
Qualifications (Minimum Required)
• Bachelor's degree or equivalent and relevant formal academic qualification
Experience (Minimum Required)
• A minimum of 6 years of experience in either Data Management or Biostatistics or Statistical programming with a CRO/pharma/other related experience to successfully perform the essential job duties
• Excellent customer service skills, attention to detail and ability to be persistent while maintaining tact
• Demonstrated computer skills – requires excellent MS Office experience (specifically Excel, Word, Outlook)
• Demonstrated text editing and writing skills (based on business unit and/or team expectations)
• Demonstrated ability to plan, multi-task and prioritize
• Demonstrated teamwork, communication (written and verbal), and organizational skills
• Proven ability to work independently
• Ability to work to deadlines
• Strong analytical skills
• Ability to communicate appropriately and effectively with internal stakeholders, clients and Fortrea senior management
• Positive attitude and sense of urgency
• Ability to work across Fortrea Business Units
• Should be comfortable working in the 2nd shift (2 – 11 pm IST)
Learn more about our EEO & Accommodations request here.
Essential Job Duties
Serves as a Costing Manager to support the costing department to ensure clear alignment of project costings to customized delivery strategy by performing but not limited to the following tasks:
• Review RFP scope and specs and initiate the costing process by initial update of the pricing tool and ensure that this is updated and accurate on an ongoing basis during the cost finalization process
• Review, update and adjust the initial system generated default budget independently or after feedback and direction from costing director/s and other stakeholders
• Attend all team meetings during the RFP process like but not limited to- risk assessment for RBM, strategy, pricing specification, pricing delivery or challenge call, senior management call and bid defense preparation
• Lead and deliver the full proposal, ballpark, abbreviated response, letter and/or re-cost estimates by accomplishing the complete RFP process independently with administrative support from Proposals Associate.
• Deliver individually or under supervision from the Costing Director and manage all delegated aspects of costing compilations for RFP responses and non-compete awarded projects.
• Determine appropriate Biometrics scope and deliverables for new RFPs based on available Protocol and/or Synopsis and schedule of events (SoE)
• Establish and maintain a close relationship with Biometric leadership to ensure new technologies and platforms are accurately reflected in proposal response.
• Review proposed pass through items and costs for new RFPs and request adjustments if required to ensure accurate pass through costs
• Review and respond to queries from vendors during RFP phase, review proposed vendor quotes and request adjustments in consultation with costing director/s if required to ensure accurate vendor costs
• Support writing and review of the assumptions document included in RFP response to ensure accuracy and alignment with the proposed budget
• Support writing and review of RFI response to ensure questions have been accurately addressed and aligned to current business practices as defined in Standard Operating Procedures
• Liaise with Biometrics management for project resource assignments and handover requirements during the RFP or on award as necessary.
• Negotiate for team assignments with relevant experience and availability after review of the proposed CVs.
• Review and coordinate with pricing to ensure accurate mapping and finalization of client budget grid with Fortrea WBS codes
• Support and contribute to ongoing updates of Biometrics algorithms by working in close coordination with the costing director/s, Biometrics Management and other relevant stakeholders.
• Contribute to the costing director team in any strategic process improvement initiatives
• Perform other duties as assigned by management of the Costing Department
Qualifications (Minimum Required)
• Bachelor's degree or equivalent and relevant formal academic qualification
Experience (Minimum Required)
• A minimum of 6 years of experience in either Data Management or Biostatistics or Statistical programming with a CRO/pharma/other related experience to successfully perform the essential job duties
• Excellent customer service skills, attention to detail and ability to be persistent while maintaining tact
• Demonstrated computer skills – requires excellent MS Office experience (specifically Excel, Word, Outlook)
• Demonstrated text editing and writing skills (based on business unit and/or team expectations)
• Demonstrated ability to plan, multi-task and prioritize
• Demonstrated teamwork, communication (written and verbal), and organizational skills
• Proven ability to work independently
• Ability to work to deadlines
• Strong analytical skills
• Ability to communicate appropriately and effectively with internal stakeholders, clients and Fortrea senior management
• Positive attitude and sense of urgency
• Ability to work across Fortrea Business Units
• Should be comfortable working in the 2nd shift (2 – 11 pm IST)
Learn more about our EEO & Accommodations request here.
💡 Quick Summary
Seeking a career-building opportunity? The Costing Manager position is now open for candidates interested in the Database Administrator sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Database Administrator is a plus.
