The Senior Contracts Administrator is responsible for supporting the preparation, review, execution, and administration of a wide range of US and International commercial and operational agreements in support of Madrigal's business objectives. This role partners cross-functionally with Legal, Procurement, Finance, Commercial, Clinical Operations, Compliance, and other internal stakeholders to facilitate efficient contract processing, maintain contract records, and support compliance with company policies and procedures. The Contracts Administrator plays a key role in ensuring timely contract execution and effective contract lifecycle management. Responsibilities - Prepare, review, process, and administer a variety of agreements, including confidentiality agreements, consulting agreements, vendor and service agreements, statements of work, master service agreements, and amendments. - Coordinate contract routing, review, and approval workflows with internal stakeholders. - Support contract execution activities and ensure all required documentation is complete and properly maintained. - Maintain contract records, templates, amendments, renewals, and related documentation within the contract lifecycle management system. - Monitor contract status, key dates, expiration timelines, and deliverables. - Assist internal stakeholders with contract-related questions, documentation requests, and process guidance. - Ensure contracts comply with company policies, procedures, and approval requirements. - Escalate contractual issues or non-standard terms to Legal or management as appropriate. - Assist with maintaining standard templates, clause libraries, and contract administration procedures. - Support audits, inspections, and compliance-related activities involving contract documentation. - Prepare reports and maintain accurate contract metrics and tracking information. - Maintain confidentiality and handle sensitive information with professionalism and discretion. Qualifications Education and Experience - Bachelor's degree required; paralegal certification preferred. - Minimum of 3-5 years of experience in contract administration, procurement operations, legal operations, or related function, preferably within the biotechnology, pharmaceutical, healthcare, or life sciences industry. - Experience supporting regulated environments preferred. Knowledge, Skills, and Abilities - Basic understanding of commercial contracting principles and contract terminology. - Strong organizational and time management skills with the ability to manage multiple priorities. - Excellent attention to detail and accuracy. - Strong written and verbal communication skills. - Ability to work collaboratively across functions and interact effectively with internal stakeholders. - Familiarity with contract lifecycle management systems and document management platforms preferred. - Proficiency in Microsoft Office Suite and related business systems. - Strong problem-solving skills and ability to exercise sound judgment. - Ability to maintain confidentiality and professionalism in handling sensitive information. Competencies - Collaboration and teamwork - Attention to detail - Organizational and administrative excellence - Effective communication skills - Accountability and reliability - Adaptability and flexibility - Customer-service orientation Working Conditions - Hybrid or remote work environment as applicable. - Occasional travel may be required. Madrigal's Total Rewards strategy is based on a biotech industry peer group comparator and is inclusive of base pay, bonus and equity. Our equity offers meaningful opportunity allowing our employees to share in the success they help create. By aligning individual and company performance, we empower employees to think like owners, giving them a stake in the organization. All employees receive equity, which we believe reinforces our ownership culture. Base salary is determined by several factors including the candidate's qualifications, skills, education, experience, business needs and market demands. As of the date of this posting, a good faith estimate of the current pay scale for this position, applicable to all candidates, is $107,000 - $131,000 per year. We comply with all applicable minimum wage laws. All full-time employees receive equity, which reinforces our ownership culture and offers meaningful opportunity for our employees to share in the success they help create. By aligning individual and company performance, we empower employees to think like owners, giving them a stake in the organization. Full-time employees are also eligible for comprehensive benefits, including flexible paid time off, medical, dental, vision and life/disability insurance, and 401(k) offerings (i.e., traditional, Roth, and employer match) in accordance with applicable plans. We also offer additional voluntary benefits like supplemental life insurance, legal services, and other offerings. In addition, we offer mental health benefits through our Employee Assistance Program for employees and their family. The company also provides other benefits in accordance with applicable federal, state, and local laws.