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Senior Contract Manager, Strategic Sourcing

Mass General Brigham
22 hours ago
Full-time
Remote friendly (Somerville, MA, United States)
United States
$79,560 - $115,720.80 USD yearly
Indeed

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 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 org…

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