Director Contract Management

Job Description

Through effective communication and collaboration with internal teams and external parties the Director of Contract Management contributes to and ensures the efficient and effective execution of business strategies.

The Director of Contract Management is responsible for coordination of System-Wide Contract negotiations methodologies, processes, and completeness of Contracting process and compliance.

Leading and ensuring the entire contract process from pre-contract through post-signature phases are followed and completed.

Contractual projects include but are not limited to contracts, NDAs, consulting agreements, statements of work, software as a service, master agreements, letters of commitment, business associates agreements, vendor compliance agreements, and capital purchases.

Supports the development and implementation of strategic value-based contract initiatives to meet sustainability, quality, financial goals and cost initiatives while minimizing risks and ensuring compliance.

Leads the Contract Analysts and contract processes with Lean methodology and works collaboratively with assigned Legal and IT representatives to refine and enhance Centra VCA, BAA, and processes.

Responsibilities

• Oversee the development, negotiation, and execution of business contracts across the organization to ensure they meet company policies and procedures as well as legal, risk, and compliance requirements.
• Lead the contracts team, including hiring, training, and performance evaluation, to ensure efficient and effective contract management processes.
• Implement and manage contract management tools, systems, and procedures to streamline operations and enhance productivity.
• Collaborate with internal departments, such as legal, finance, IT, and procurement, to align contract terms with company strategies and risk management policies.
• Review intake requests in the contract management system, for completeness, approvals, and assignment to Contract Analyst.
• Audit Contract requests and assist with removing barriers to ensure contracts are completed in a timely manner.
• Assist with and ensure financial review of Contracts and ROI
• Assist and make recommendations for savings and expense budgeting for Contract team.
• Ensure internal business owners and contract stakeholders are assisted with contract strategy and are provided recommendations for complex contracting needs to reduce spend, improve operational efficiencies and maximize delivered value.
• Conduct high level review and analysis, negotiate, and timely execute contracts of larger and more complex scale.
• Optimize interaction with assigned external and internal partners to facilitate relationships and ensure stakeholder needs are met.
• Collaborate with key and executive level internal stakeholders and business owners as well as industry peers to promote standardization and optimization.

Stay updated on industry trends, drive continuous improvement, and optimize processes using existing resources.

• Manage RFP / RFI / RFQ processes for the organization to ensure multi-source research in a goal-oriented pursuit of ultimate assessment of vendors and products for Centra to meet identified needs.
• Utilize strong written and verbal communication skills across organizational functions, including the ability to communicate effectively at all levels, convey messages persuasively, and write informatively in various formats.
• Lead outcome-focused data and information gathering discussions with key stakeholders on process improvement objectives while utilizing strong active listening skills to question and understand the business needs to ensure optimum contractual execution of appropriate solutions.
• Manage record keeping for contract-related correspondence and documentation; compile and analyze data about contracts to ensure cost containment, initiation of appropriate cost saving initiatives.
• Prioritize workflow to manage multiple responsibilities and processes in a fast-paced environment.

Other Functions :

• The Director of Contract Management collaborates with assigned Centra IT and Legal teams in the contract review, documents and process for ensuring compliance and process improvement.
• Performs other duties as assigned.

Travel Required

Travel is expected to be between 0%-10% of the time.

Qualifications

Required Qualifications :

• Associate Degree in Businesses related field
• 6+ Years of experience in purchasing and contract review and negotiations.
• Demonstrated understanding of contractual terminology.

Preferred Qualifications :

• 10+ Years of demonstrated healthcare contracting experience.
30+ days ago