Costing Manager II (EMEA or LATAM)

The Costing Manager is a position that sits within the Costing Department, as part of the ECS group. The role is primarily charged with supporting the Costing Directors in the delivery of clinical study costings and will predominantly liaise with 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 Site Services, Biometrics, Drug Safety and Global Regulatory Services will also be necessary in accomplishing the job. Responsibilities: Serves as a Costing Manager and 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 RBQM, 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 or by supporting the assigned Costing Director/s as per triage. 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 If required create and deliver the customized monitoring strategy using the monitoring calculator. Finalize and apply to the costing and if required after review and finalization in consultation with costing director/s 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 Coordinate with key stakeholders like resourcing, senior directors, clinical operations, GCTO to ensure timely assignment of project team. Review and coordinate with pricing to ensure accurate mapping and finalization of client budget grid with WBS codes Support and contribute to ongoing updates of country/ region/ client specific costing rules/ algorithms by working in close coordination with the costing director/s, regional and country SMEs 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 Provide mentoring and onboarding trainings to other Costing team and other members of the team Perform quality check review of completed tasks by Costing Managers like but not limited to monitoring strategy, budget review, Grants, etc. Track the details of Win/Loss opportunities by compiling data on ongoing basis and present it to senior management as and when required. Experience: Moderate industry knowledge preferred Experience in budgeting and finance preferred Good communication skills Good time management skills Good written and verbal communication Sound excel experience Good analytical skills Demonstrated ability to work remotely A Starter and completer Education/Qualifications: Bachelor's degree in life science or business field preferred Learn more about our EEO & Accommodations request here. Didn’t find what you were looking for? Join our Global Talent Network to stay connected with Fortrea, drive innovation and contribute to our mission of advancing life-saving therapies for patients worldwide. Follow us and stay updated about Fortrea on LinkedIn, Facebook, X, Instagram, YouTube and Glassdoor. At Fortrea, we're all about turning the “impossible” into "I'm possible." Together, we break barriers to deliver exceptional service to our patients, fueled by a shared commitment to teamwork and excellence. Regardless of your role, we're all family, working together to achieve extraordinary results. At Fortrea, your career isn't just a job – it's a journey of making the exceptional possible, every day.