Director, Contract Administration
About The Position
The Director of Contract Administration oversees the comprehensive management and administration of contracts across medical and non-medical categories. The role leads a dedicated team, conducts vendor assessments and supplier negotiations, and ensures contracts are diligently maintained and monitored. This is a hybrid position. The selected candidate is expected to work on-site at the Inova Center for Personalized Health in Fairfax, Virginia, two to three days per week. The director oversees the assigned department or functional area to ensure effective performance. This may include developing and implementing business strategy, ensuring legal compliance, collaborating with stakeholders, managing team employment decisions and contributions, and managing the departmental budget and fiscal success. The role also supports Inova’s overall business goals by collaborating across departments and reporting on contract status, performance, and departmental activity.
Requirements
- Eight years of related experience.
- Two years of management or supervisory experience.
- Bachelor’s degree in a related field.
Nice To Haves
- Experience in contract administration, sourcing, procurement, or vendor management within a large, complex healthcare system or similarly regulated organization.
- Demonstrated experience managing contracts across clinical/medical and non-clinical categories.
- Experience partnering with legal, finance, clinical, operational, and executive stakeholders.
- Experience leading, mentoring, and developing contract management or procurement teams.
- Experience with iService Contract Lifecycle Management (CLM) or a comparable contract management system, including contract intake, workflow, approvals, document management, reporting, renewals, amendments, and obligation tracking.
Responsibilities
- Oversee the assigned department or functional area, including business strategy, legal compliance, stakeholder collaboration, team contributions and employment decisions, and departmental budget and fiscal success.
- Supervise and mentor contract managers and analysts, providing guidance and support to achieve departmental goals.
- Assist sourcing teams in defining project and proposal requirements.
- Evaluate potential vendors and suppliers based on capabilities, reliability, and compliance with Inova standards and requirements.
- Negotiate supplier terms and conditions aligned with Inova’s objectives and assist SCM Sourcing with price negotiations.
- Draft, review, and finalize contracts to ensure they meet legal, regulatory, and organizational standards and reflect negotiated terms.
- Oversee contract amendments, renewals, and terminations to maintain contract relevance and compliance.
- Implement and maintain systems to track contract performance, compliance, and adherence to agreed terms.
- Identify and mitigate contract risks and advise on corrective actions to protect Inova’s interests.
- Prepare reports on contract status, performance metrics, and departmental activities for senior management.
- Collaborate with other departments to align contract management strategies with Inova’s business goals and objectives.
Benefits
- Professional development opportunities
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What This Job Offers
Job Type
Full-time
Career Level
Director
