Contract Specialist

Posted 6 Days Ago
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Boston, MA
Entry level
Healthtech
The Role
The Contract Specialist is responsible for drafting, reviewing, and managing a variety of commercial contracts. This role liaises with the sales organization to ensure contract compliance, assists in contract documentation, and maintains internal tracking systems. The specialist also evaluates risks and collaborates with legal departments as needed, while identifying areas for process improvement.
Summary Generated by Built In

We are constantly looking to add to our core talent. If you are seeking a career that is challenging and rewarding, a work environment that is diverse and dynamic, look no further — Haemonetics is your employer of choice.

Job Details

This position is responsible for drafting, reviewing, negotiating, and administration of a broad range of tenders, proposals, and other commercial contracts. The position acts as primary liaison with sales organization to ensure contract compliance and optimization; interfaces directly with sales team or sales support resources within the divisions to generate customer contracts; and proactively manages existing contract base. The ideal candidate is self-motivated, has strong business acumen, has strong attention to detail, is capable of re-prioritizing workloads with little notice, and possesses a willingness to work in a fast-paced, challenging environment. This position will interact with appropriate business units to streamline activities that affect contracts and delivery of services.

Responsibilities:

  • Revise, edit, and prepare redlines of complex commercial contracts, including master services agreements, product purchase agreements, quotes, Group Purchasing agreements, tenders, RFP/Is, Distribution, and other commercial supply agreements.

  • Ensure completion and follow through of all contract requirements including prompt communication and follow-through to internal and external customers.

  • Assist in maintaining Company’s internal tracking system of all pending contracts and matters. Maintains and updates SalesForce.com and/or equivalent tools related to sales processes.

  • Advise sales and management of contractual rights and obligations per contract. Facilitate the resolution of contractual issues.

  • Coordinate the collection and preparation of the full documentation required in conjunction with Product Managers, Technical Service, Customer Support, Sales Department and Consultants to obtain all necessary information to prepare and submit bids.

  • Effectively manage the contract management system and ensure on-time processing of all contracts from initial request through execution.

  • Analyze the legal and business obligations set forth within contracts and elevate any issues to internal stake holders as appropriate.

  • Effectively evaluate the commercial and legal risk to the Company and suggest appropriate contract structures or terms that will provide effective risk management, collaboration with Legal Department when necessary.

  • Contribute to formulation of policies and procedures within contract administration.

  • Responsible for oversight and administration of Distributor and/or Group Purchasing agreements. Partners with Corporate sales account managers in support of achieving targets for designated contracts

  • Proactively manage contract compliance including actions for customers out of compliance. Responsible for achieving contract compliance metrics.

  • Draft template contracts, correspondence, memoranda, and other documentation as needed.

  • Identifies continuous process improvements, develops recommendations, influences the business units accordingly and may participate in the implementation of such initiatives.

Education/Requirements:

  • Bachelor's Degree or equivalent experience, including experience in complex tender handling where applicable. Paralegal degree preferred, but not required

  • Preference for advanced university degree in law, or related business field

  • 5 or more years prior experience in corporate legal and/or contract administration setting required - Required

  • Strong understanding of field sales and sales support requirements (lead generation, quoting, contracts administration, order processing, contract compliance)

  • Oracle knowledge preferred; advanced knowledge of Microsoft Office suite of applications required

  • Demonstrated analytical skills, problem solving skills, written communication skills, strong verbal communication and listening skills

  • Develops and delivers effective presentations

  • Ability to simultaneously handle multiple priorities

  • Excellent collaboration and team building skills and ability to influence internal and/or external constituents

EEO Policy Statement

The Company
HQ: Boston, MA
1,993 Employees
On-site Workplace
Year Founded: 1971

What We Do

Haemonetics (NYSE: HAE) is a global healthcare company dedicated to providing a suite of innovative medical products and solutions for customers, to help them improve patient care and reduce the cost of healthcare. Our technology addresses important medical markets: blood and plasma component collection, the surgical suite, and hospital transfusion services. To learn more about Haemonetics, visit www.haemonetics.com.

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