Enterprise Procurement Contracts Manager

CVS Health•Woonsocket, RI

6d•Hybrid

About The Position

The Enterprise Procurement Contracts Manager supports CVS Health by drafting, negotiating, and finalizing IT and non-IT contracts and related documents for purchases of non-merchandise goods and services, in accordance with corporate contract and purchasing policies. The role leads or represents Enterprise Procurement on enterprise-wide strategic initiatives, savings efforts, policy and regulatory compliance, supplier diversity, and supplier integration associated with mergers and acquisitions. The manager prepares and reviews contract documents, negotiates legal and business terms, evaluates contractual risks, and coordinates with stakeholders including Legal, Sourcing, Information Security, Risk Management, Privacy, Compliance, Tax, Finance, and business teams. The role is a key contact for escalated contract issues, supports RFP and award processes, maintains contract templates and procurement procedures, and communicates policy requirements to internal and external stakeholders. It also involves leading projects, mentoring and developing staff, educating business departments, and presenting complex deal matters to senior leadership. This is a hybrid role requiring in-office work on Tuesdays and Wednesdays. It is full-time, with 40 anticipated weekly hours. The stated pay range is $66,330 to $145,860, and the role is eligible for a CVS Health bonus, commission, or short-term incentive program. A comprehensive benefits package is available based on eligibility.

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; equivalent years of work experience may substitute.

Nice To Haves

Recurring experience using the Ariba Contract Management platform or a similar tool.
Certified Commercial Contracts Manager (CCCM) certification.
Experience negotiating non-merchandise or indirect commodity purchase contracts for goods and/or services.
Master’s degree and/or JD.

Responsibilities

Draft, prepare, and review contract documents in accordance with company policies and procedures to minimize exposure and maximize benefits.
Negotiate legal and business terms across a variety of contract documents to mitigate risk and provide value to the enterprise.
Analyze contract requirements, provisions, terms, and conditions for compliance with applicable laws, regulations, corporate policies, and business-unit procedures.
Perform special projects assigned by management, including work with direct visibility to senior leadership.
Lead larger projects and manage groups of Contract Analysts to advance highly visible engagements.
Explain the importance and intent of required contract terms to internal and external stakeholders.
Coordinate with internal team members and business partners to draft and negotiate provisions and memorialize terms in scopes of work, service-level agreements, financial incentives, turnaround times, and similar documents.
Work with Legal, Sourcing, Information Security, Risk Management, Privacy, Tax, Finance, and other subject-matter experts to ensure contract documents and vendor communications reflect current policies and procedures.
Support Sourcing colleagues with RFP requests by providing contractual documentation for participants to review.
Answer questions from participants’ legal counsel during RFP negotiations and raise problematic provisions with business leaders for award consideration.
Serve as a key point of contact among Legal, Finance, senior leadership, business teams, and vendors on escalated contract issues and disputes that cannot be resolved at the Senior Contracts Negotiator level.
Mentor and guide staff, and support individual and team development through appraisal, development planning, coaching, and mentoring.
Maintain and update the Enterprise Procurement Process Manual and templates in collaboration with internal stakeholders.
Identify contractual risks and associated dangers for escalation to senior leadership and advise CVS management on contractual issues.
Coordinate discussions and revisions to contract language when new developments require template updates, and finalize templates with appropriate internal subject-matter experts.
Participate in presentations, webinars, and roundtable discussions to educate business departments and promote compliance with Corporate Purchasing and Contracts Policies.
Use evolving technological tools to streamline work and communications.
Present complex deal concepts and non-standard provisions requiring executive approval to senior leadership as a subject-matter expert.
Act as an initial liaison with business units on compliance efforts to enforce Corporate Contract and Purchasing policies.
Manage multiple high-visibility, high-priority contracts and projects, and close out initiatives with minimal oversight.
Work independently and as part of a team to analyze contractual relationships and craft terms that fit business needs and protect CVS.
Support enterprise-wide savings initiatives, supplier diversity, and supplier integration efforts related to CVS mergers and acquisitions.