Enterprise Procurement Contracts Manager

CVS Health•Hartford, CT
•$66,330 - $145,860•Hybrid

About The Position

The Enterprise Procurement Contracts Manager supports CVS Health enterprise procurement by drafting, negotiating, and finalizing IT and non-IT contracts for purchases of non-merchandise goods and services in accordance with corporate contract and purchasing policies. The role helps minimize contractual exposure while protecting enterprise value, ensuring compliance with applicable laws, regulations, policies, and business requirements. The manager leads or represents Enterprise Procurement on strategic, enterprise-wide initiatives, including savings efforts and supplier integration related to mergers and acquisitions. The role engages with senior leadership and cross-functional stakeholders, advises on escalated contractual risks and disputes, and supports supplier diversity and CVS growth objectives. This position follows a hybrid work model, with required onsite work on Tuesdays and Wednesdays each week.

Requirements

  • At least 5 years of related contract negotiation experience.
  • At least 5 years of experience reviewing, editing, and drafting contractual terms and conditions.
  • At least 5 years of professional experience with Microsoft Office.
  • Ability to prioritize multiple tasks and a high volume of contract negotiations simultaneously.
  • Experience advising senior leadership in a corporate environment.
  • Verifiable bachelor’s degree from an accredited four-year college or university, or equivalent years of work experience as a substitute.

Nice To Haves

  • Recurring-user experience with the Ariba Contract Management platform or a similar tool is highly preferred.
  • Certified Commercial Contracts Manager (CCCM) certification is a plus.
  • Experience negotiating non-merchandise or indirect-commodity purchases of goods and/or services is preferred.
  • A master’s degree and/or JD is highly desired.

Responsibilities

  • Draft, prepare, and review contract documents in accordance with company policies and procedures.
  • Negotiate key legal and business terms across a variety of contract documents to mitigate risk and deliver value.
  • Analyze contract requirements, provisions, and terms to ensure compliance with laws, regulations, corporate policies, and business-unit requirements.
  • Perform special projects and lead larger, high-visibility initiatives, including managing groups of Contract Analysts.
  • Communicate the purpose and importance of contract terms and conditions to internal and external stakeholders.
  • Work with internal teams and business partners to draft and negotiate provisions and document terms in scopes of work, service-level agreements, financial incentives, turnaround times, and similar documents.
  • Coordinate with Legal, Sourcing, Information Security, Risk Management, Privacy, Tax, Finance, and other subject matter experts to ensure contracts and vendor communications reflect current requirements.
  • Support Sourcing colleagues in developing RFP requests by providing contractual documents, responding to participant legal counsel, and surfacing problematic provisions for business leaders’ consideration.
  • Serve as the key communication point among Legal, Finance, Senior Leadership, business teams, and vendors on escalated contract issues and disputes.
  • Mentor and guide staff and support their development through appraisal, development planning, coaching, and mentoring.
  • Maintain the Enterprise Procurement Process Manual and templates, coordinating changes with internal stakeholders.
  • Identify contractual risks and explain them to Senior Leadership and CVS management for investigation and advice.
  • Lead discussions and revisions to contract language when new developments warrant template changes, and finalize updated templates with appropriate subject matter experts.
  • Participate in presentations, webinars, and roundtable discussions to educate business departments and promote compliance with purchasing and contracts policies.
  • Use technological tools, including Microsoft Office and SAP/Ariba Contract Management, to support work and communications.
  • Present complex deal concepts and non-standard provisions requiring executive approval to Senior Leadership.
  • Act as an initial liaison with business units on compliance with corporate contract and purchasing policies.
  • Manage multiple high-priority, high-visibility contracts and projects and close initiatives with minimal oversight.
  • Work independently and collaboratively to analyze contractual relationships and develop terms that suit the business relationship and protect CVS.
  • Support enterprise-wide strategic initiatives, savings initiatives, supplier diversity, and supplier integration efforts related to mergers and acquisitions.

Benefits

  • Medical coverage
  • Dental coverage
  • Vision coverage
  • Paid time off
  • Retirement savings options
  • Wellness programs
  • CVS Health bonus, commission, or short-term incentive program, subject to eligibility
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