Sr Associate Contract Management Professional
3 weeks ago
Job Title: Sr Associate Contract Management
Job Summary: We are seeking a highly skilled Sr Associate Contract Management professional to join our team at Innova Solutions. As a key member of our Contract Management team, you will be responsible for overseeing and processing healthcare compliance related contracting and payments of proposed arrangements by our staff with members of the global healthcare community.
Key Responsibilities:
- Lead the review, drafting, and negotiation of contracts for members of the healthcare community.
- Responsible for moderately complex agreements, requiring a working knowledge of healthcare regulations, business requirements, and legal compliance.
- Maintain contract documentation and ensure compliance with contractual terms and conditions.
- Coordinate contract execution and distribution.
- Triage intake from our R&D or other supported functions to appropriate contract managers, as needed.
- Cross-Functional Collaboration: Collaborate with sourcing, accounts payable, and other relevant teams to streamline financial processes and resolve any issues or discrepancies.
- Process invoices, reimbursements, and payments related to healthcare contracts.
- Verify accuracy of invoices and resolve discrepancies with suppliers and providers.
- Ensure timely payments and adherence to payment terms.
- Ensure compliance with internal controls, policies, and regulations.
- Develop and enforce policies and procedures related to contracting and payment operations.
- Participate in audits and assist with compliance-related activities as required.
- Contribute to the development and implementation of strategic initiatives to optimize contracting and payment processes.
Requirements:
- Excellent computer and MS Office skills.
- Excellent writing skills; detail-oriented.
- Familiarity with SAP.
- Knowledge of current and legally binding contractual language and terminology.
- Solid understanding of purchasing and supply chain procedures.
- Solid understanding of standard operating procedures (SOPs) and healthcare regulations.
- Solid understanding of standard contracting legal principles.
- Problem Solving: Ability to process moderately complex transactions from end to end, engaging business partners where appropriate.
- Operates with some degree of autonomy, requiring supervision for more complex agreements.
- Identify and escalate business issues needing resolution, as well as identifying potential process improvements and manage multiple assignments at one time.
Preferred Requirements:
- Familiarity with research and clinical development in biopharmaceutical industry as well as medical and scientific terminology.
- Experience with analytics software (Microsoft Access, Spotfire, Tableau, Smartsheet), document management applications, portfolio planning tools, supply chain and financial systems (Planisware, Veeva, SAP, Ariba).
- Intermediate Microsoft Office user (Excel, Word, PowerPoint, Outlook).
- Experience working with virtual teams and using collaborative tools and platforms.
- Ability to work in a highly cross-matrixed environment.
- Strong planning and project management skills with the demonstrated ability to work effectively in a fast-paced environment with multiple high-priority projects and minimal supervision.
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