POSITION SUMMARY:
The Contract Manager uses their skills and experience to devise negotiation strategies for vendor goods and services aimed at the risk mitigation and cost management goals of the organization and in accordance with laws, regulations, and corporate policies and procedures. Through collection, analysis, and interpretation of data and knowledge of healthcare operations, the Contract Manager will advise internal business teams on options and best practices, drive implementations, and deliver results.
Position: Contract Manager
Department: Supply Chain Corp
Schedule: Full Time
ESSENTIAL RESPONSIBILITIES / DUTIES:
- Negotiates and drafts/edits moderate to complex, non-routine contracts; able to effectively manage contract activity with moderate to high risk to the business unit.
- Prepares complex requests for proposals.
- Reviews complex solicitations and prepares specialized and/or non-routine response for proposals, bids, and contract modifications.
- Provides contractual and authoritative guidance to internal business team members for appropriate Statement of Work; connects to corporate goals and objectives relating to contract activity.
- Develops negotiation strategy and leads negotiations on complex contractual issues.
- Manages contract change control process.
- Engages stakeholders in contracting and RFP decisions that benefit BMC and align with business objectives; determines and resolves barriers to achieve execution of best value and favorable outcomes.
- Has solid understanding of the business case and financial implications of contract decisions; can advise internal business teams on best course of action.
- Conducts market research to maintain knowledge of current industry trends, pricing, and products/services utilized by the health system.
- Holds vendors accountable to performance expectations; uses sound judgment in business analysis as well as issue identification, resolution and appropriate escalation.
- Mentors and trains less experienced contracting staff.
(The above statements in this job description are intended to depict the general nature and level of work assigned to the employee(s) in this job. The above is not intended to represent an exhaustive list of accountable duties and responsibilities required).
JOB REQUIREMENTS
EDUCATION:
Bachelor’s degree in business administration, finance, law, or similar. Master’s degree preferred.
CERTIFICATES, LICENSES, REGISTRATIONS REQUIRED:
Certification from National Contract Management Association (NCMA) or International Association for Contract and Commercial Management (IACCM) or similar credential preferred.
EXPERIENCE:
5+ years progressive experience in contract negotiation and/or category management
KNOWLEDGE, SKILLS & ABILITIES (KSA):
- Excellent verbal and written communication skills; detail oriented in all notes and documentation.
- Skilled at researching, interpreting, and communicating complex issues in a clear and succinct manner.
- Intermediate to advanced skill in use of Microsoft products including Word, Excel, PowerPoint, Forms, etc.
- Proficient using contract lifecycle management and ERP systems.
- Broad knowledge of legal principles and procedures as they relate to vendor contracts.
- Able to achieve targeted results through influence and negotiation.
- Proficient at spend analysis and forecasting necessary to make sound recommendations based on data.
- Able to develop accurate and precise summary information for executive review and approval.
- Knowledge of various hospital operations functions including clinical, facilities, IT, support services, materials management, value analysis, and vendor management functions.
Equal Opportunity Employer/Disabled/Veterans
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What We Do
Boston Medical Center, located in Boston’s historic South End, is a private, not-for-profit, 567-bed, academic medical center and the primary teaching affiliate for Boston University School of Medicine.
Recognized for its high-quality, nationally ranked and comprehensive medical care for the entire family, patients have access to the most current treatment and advancements at BMC. BMC physicians lead the way in pioneering new therapies that impact the care of patients locally and worldwide.
In 2013, BMC made the decision to invest in a four-year campus redesign that includes additions to buildings, upgrades to existing structures, and an expansion of the Emergency Department. Once completed, the redesign will provide clinical workspaces with state-of-the-art facilities and equipment to solve BMC's most pressing care delivery needs.
Already complete, the hospital’s Shapiro Center is Boston’s newest outpatient care facility and features a quarter-million square feet of clinic space, key support services, one of the region’s most technologically advanced pharmacies, and a bright, spacious café. Housed in a facility that provides world-class, patient-centered care at every visit, BMC doctors are among the best in their field. Many are recognized annually as “Top Doctors” in their medical and surgical specialties by publications such as U.S. News & World Report and Boston magazine.
Boston Medical Center is also the largest safety net hospital in New England and extends into the community as a founding partner of Boston HealthNet, a network of 15 community health centers throughout Boston serving more than a quarter million people annually.
No matter whom you meet at BMC, all are committed to providing every patient and family member with the highest quality of care, respect, warmth and compassion.
