Director - Contract Administration

A leading healthcare organization is seeking a Director, Contract Administration to lead the contracting process for Medical Products and Services, Pharmaceutical, or Business Products and Services. This person will prepare, coordinate, and manage contract negotiations and coordinate with Business Partners on newrenewal agreements, productprice change notifications, and amendments.Salary: Up to 145k base + bonusLocation: Morristown, NJResponsibilities:Strong understanding of compliance requirements and regulations (HIPAA, Anti-Kickback Statute, and regulations for post-acute care providersEnsure all contracts are in compliance. Identify opportunities for growth, optimize contract portfolios, and ensuring that all contracts support their strategic objectivesEnsure contracts are fully executed and communicated to all relevant parties, providing visibility and facilitating seamless implementationMaintain ongoing contracts, including product additions, price changes, renewals, and extensions, ensuring contracts remain relevant and effectiveIdentify risks associated with contracts including assessing legal, operational and financial risks and addressing those risks and protecting the interests of the organizationNegotiate favorable terms and manage the lifecycle of contracts. Draft, review, and execute contracts, ensuring that all terms benefit the organizationA strong understanding of financial principles is necessary to evaluate the financial implications of contracts (budgeting, forecasting, cost-benefit analysis)Strong analytical skills to interpret complex data and identify trends that could impact contract performance, address issues that arise during the contract lifecycleEnsures that contracts are fulfilled by tracking progress, analyzing performance metrics, and resolving disputes effectivelyLead and manage a team of contract managers, perform peer review functions on contract amendments, and ensure that the team operates efficientlyFamiliarity with contract management software and other technologies for operational efficiencyQualifications:BABS degree (MBA preferred)8+ years with experience in contract management, customer service, operations, or analytics in the healthcare or pharmaceutical industries5-7 years managerial experienceStrong negotiation skillsStrong contracting strategy and administration experience in the healthcare or pharmaceutical industriesRequires excellent planning, organizational, analytical, follow-through, and self-management skillsEffective communication and interpersonal skillsSound working knowledge of Microsoft Office applications and client-server-based applications and databases

Created: 2025-02-21