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Senior Contract Manager, Strategic Sourcing

L7

mass general brighamSomerville, MA2 days ago

$79,560 - $115,721 per year

Occupations

Purchasing ManagersSupply Chain ManagersPurchasing Agents, Except Wholesale, Retail, and Farm Products

Industries

General Medical and Surgical HospitalsSpecialty HospitalsAll Other Miscellaneous Ambulatory Health Care Services
Senior Contract Manager An exciting opportunity to work with employees 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 in Finance, Healthcare Administration, or related field of study required
  • Master's Degree in a 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. 8+ years preferred Significant experience negotiating software, SaaS, technology, and data-related agreements. Demonstrated strategic sourcing leadership, including RFP execution and supplier consolidation initiatives. Documented savings achievements and measurable value delivery. Strong commercial negotiation skills focused on risk mitigation, business terms, and enterprise-level vendor management. Experience managing a high volume of complex contracts with minimal oversight.
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.
  • Working Schedule: Remote, Monday - Friday full time, eastern standard business hours. Remote hours require a quiet, secure, HIPAA-compliant working station
  • Onsite presence may be required due to business needs, approximately 1-2x monthly.
  • 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
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Level

ManagerL7

Salary

$79,560 - $115,721 per year

Location

Somerville, MA

Occupation

Purchasing Managers

Industry

General Medical and Surgical Hospitals

Posted

2 days ago

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