Senior Contract Manager at Mass General Brigham

Somerville, Massachusetts, United States -

Full Time

Start Date

Immediate

Expiry Date

05 Sep, 26

Salary

115720.8

Posted On

07 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Contract Negotiation, Strategic Sourcing, Vendor Management, Risk Mitigation, Commercial Contracting, Healthcare Compliance, RFP Evaluation, Market Analysis, Financial Analysis, Stakeholder Management, Problem Solving, Microsoft Office, Written Communication, Oral Communication, Project Management, Digital Literacy

Industry

Hospitals and Health Care

Description

Site: Mass General Brigham Incorporated Mass General Brigham relies on a wide range of professionals, including doctors, nurses, business people, tech experts, researchers, and systems analysts to advance our mission. As a not-for-profit, we support patient care, research, teaching, and community service, striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham. Job Summary An exciting opportunity to work with employees across across the Mass General Brigham system to execute high risk contracts with a variety of vendors in support of our mission to deliver patient care, teaching, research and commitment to the community. Reporting directly to the Corporate Manager of Non-Clinical Strategic Sourcing in Supply Chain Management, the Senior Contract Manager will manage a large portfolio of contracts that range in size, scope, value and complexity. The Senior Contract Manager will focus on delivering high value commercial and business terms in each contract that align with organizational objectives, and identifies and manages organizational risk by negotiating favorable contractual terms. The Senior Contract Manager will assist with determining and developing goals and objectives for the services provided by Supply Chain Management. Essential Functions: - Negotiate agreements/contracts with vendors, ensuring timely completion, accurate terms, and market competitive rates. - Build strategies to reach contract and savings targets in line with organizational expense management objectives. - Deliver savings, risk mitigation, and operational efficiencies as a result of successful contract negotiations. - Provides advice and guidance to the various contracts team members regarding contract development and negotiations. - Create, edit, and review the most complex contracts. Signature authority negotiates contracts with significant complexities. - Assist management in the development of goals and objectives for the contracts team. - Find opportunities to improve business processes and/or savings opportunities and devise plans to implement these changes. - Participate in RFP evaluation, market analyses, contract negotiation, and contract execution. - Assist management with Leadership/Committees across the organization to develop category, vendor, and portfolio strategy. Qualifications Education Bachelor's Degree Finance, Healthcare Administration, or related field of study required Master's Degree Related Field of Study preferred Equivalent experience may be accepted in lieu of degree Experience 5+ years of strategic sourcing, commercial contracting or contract management in healthcare experience required Knowledge, Skills and Abilities Strong understanding of commercial contractual language in a healthcare setting including PHI, PI, data use, intellectual property rights, copyright issues, and compliance Expertise in contract negotiations, cost savings, vendor management, and customer service. Experience working in fast-paced environment and managing a high volume of work effectively Accountable, self-driven and responsible individual who thrives in a team environment Demonstrated ability to identify and lead critical initiatives Experience negotiating with vendors in the related service line Must possess excellent written and oral communication skills Exemplify creative problem solving abilities Possesses strong organizational skills and the ability to handle multiple projects with shifting deadlines. Strong digital literacy and knowledge of common programs such as Microsoft Office. Superior communication skills, crafting proposals, and delivering presentations to diverse stakeholders. Exceptional problem-solving, developing innovative solutions for complex vendor and customer challenges. Highly autonomous, mentoring teams and adapting swiftly to evolving industry trends. Additional Job Details (if applicable) Remote Type Hybrid Work Location 399 Revolution Drive Scheduled Weekly Hours 40 Employee Type Regular Work Shift Day (United States of America) Pay Range $79,560.00 - $115,720.80/Annual Grade 7 At Mass General Brigham, we believe in recognizing and rewarding the unique value each team member brings to our organization. Our approach to determining base pay is comprehensive, and any offer extended will take into account your skills, relevant experience if applicable, education, certifications and other essential factors. The base pay information provided offers an estimate based on the minimum job qualifications; however, it does not encompass all elements contributing to your total compensation package. In addition to competitive base pay, we offer comprehensive benefits, career advancement opportunities, differentials, premiums and bonuses as applicable and recognition programs designed to celebrate your contributions and support your professional growth. We invite you to apply, and our Talent Acquisition team will provide an overview of your potential compensation and benefits package. EEO Statement: 0100 Mass General Brigham Incorporated is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law. We will ensure that all individuals with a disability are provided a reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. To ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veteran’s Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants who require accommodation in the job application process may contact Human Resources at (857)-282-7642. Mass General Brigham Competency Framework At Mass General Brigham, our competency framework defines what effective leadership “looks like” by specifying which behaviors are most critical for successful performance at each job level. The framework is comprised of ten competencies (half People-Focused, half Performance-Focused) and are defined by observable and measurable skills and behaviors that contribute to workplace effectiveness and career success. These competencies are used to evaluate performance, make hiring decisions, identify development needs, mobilize employees across our system, and establish a strong talent pipeline. Combat disease. Hold a hand. Help people. Impact the world. Mass General Brigham is a passionate, welcoming community where minds meet caring hearts. Come be a part of the world’s most powerful force in medicine, where every role is important in changing lives. Are you ready? Our history includes New England hospitals founded over 200 years ago, some of the first and most prestigious hospitals in the world. Built on the legacy of two leading academic medical centers, we’re more than a system—we’re leaders in the practice of medicine. Mass General Brigham is committed to serving the community. We are dedicated to enhancing patient care, teaching and research, and taking a leadership role as an integrated health care system. We recognize that increasing value and continuously improving quality are essential to maintaining excellence.

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Responsibilities

Manage a large portfolio of high-risk non-clinical contracts to deliver high-value commercial terms and align with organizational objectives. Negotiate agreements with vendors to achieve savings targets, mitigate risk, and improve operational efficiencies.