Enterprise Procurement Senior Contracts Manager

CVS Health

136d • $82,940 - $182,549

About The Position

At CVS Health, we’re building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care. As the nation’s leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues – caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day. As an Enterprise Procurement Senior Contracts Manager, you will be responsible for supporting the CVS Health enterprise by leading a team of talented & diverse professionals responsible for drafting, negotiating, and finalizing IT and Non-IT deals and contractual documents for the purchase of all categories and commodities of non-merchandise goods and services. You will perform these tasks in accordance with corporate contract and purchasing policies.

Requirements

• Minimum 7 years of professional work experience.
• Minimum 5 years of experience working in a contracts support environment.
• Minimum 5 years drafting complex contractual documents, memorandum, terms and conditions.
• Minimum 3 years of professional experience and knowledge advising senior leaders/executives on contract law and risks.
• Ability to prioritize multiple tasks & high volume of contractual negotiations simultaneously.

Nice To Haves

• Experience as a recurring user of Ariba Contract Management platform (or similar tool).
• Experience negotiating non-merchandise/indirect commodity purchases of goods and/or services deals/contracts.
• Experience within the Retail and/or Healthcare Industries.
• A legal degree or degree in contract administration, public administration, business management or a closely related field.
• Certified Purchasing Manager (C.P.M.) or Certified Public Purchasing Officer (C.P.P.O), Certified Federal Contracts Manager (C.F.C.M.), Certified Professional Contracts Manager (C.P.C.M.) designations.
• Professional experience managing, training and developing of people.

Responsibilities

• Draft, prepare and review contract documents in accordance with established company policies and procedures designed to minimize potential exposure while maximizing benefits.
• Lead all aspects of supplier contract exercises by negotiating all key terms of a variety of contract documents, including but not limited to legal and business terms to provide the appropriate level of risk mitigation as well as value for the enterprise.
• Analyze all contract requirements, special provisions, terms and conditions to ensure compliance with appropriate laws, regulations, corporate policies and business unit procedures and requirements.
• Effectively communicate the importance and intent of all required terms and conditions to both internal and external stakeholders.
• Interact consistently with key CVS subject matter experts from areas such as Legal, Sourcing, Global Security, Information Governance, Risk Management, Privacy, Tax, and various Finance areas.
• Partner with Sourcing colleagues to support development of RFP requests by providing the necessary contractual documentation.
• Answer questions posed by participants’ legal counsel in the course of RFP negotiations.
• Act as the key point of contact and communication between Legal, finance, senior leadership, and business teams as well as the vendor concerning status and resolution of escalated contract issues.
• Accurately and comprehensively identify contractual risks and associated dangers for purposes of escalation to Senior Leadership.
• Routinely participate in presentations, webinars and roundtable discussions to engage and educate business departments enterprise-wide.
• Demonstrate established proficiency utilizing all evolving technological tools to streamline daily tasks and communications.
• Serve as a subject matter expert when presenting to Senior Leadership on complex deal concepts and non-standard provisions.
• Manage multiple high visibility, high priority contracts/projects on a regular basis.
• Monitor and lead a group of individuals, in multiple locations, to ensure that all projects are completed accurately, completely and within timelines.
• Review and comment on all RFI, RFP, RFQ and contracts created by Enterprise Procurement.
• Make sound business decisions based on available information relating to sourcing opportunities for CVS Health.
• Determine strategy for negotiations of expense and capital items to achieve savings goals for CVS Health.
• Represent Enterprise Procurement and CVS Health with internal customers, vendors and outsiders.
• Become a role model for the department. Mentor and guide staff where appropriate.
• Collaborate with other staff to maintain Enterprise Procurement Manual and templates.
• Perform work on special projects as assigned by management.
• Obtain feedback, build business relationships and reduce to contract language addressing specific issues raised by internal stakeholders.
• Lead the development and maintenance of terms and conditions for purchasing agreements and contracts.
• Support supplier improvement targets in cost, quality and on time delivery to existing agreements.
• Provide analysis, documentation and interpretations of contractual rights and obligations.
• Implement contract modifications to accommodate regulatory, legislative, industry or legal changes.
• Schedule and attend meetings with key internal stakeholders related to the Sourcing process.

Benefits

• Affordable medical plan options.
• 401(k) plan (including matching company contributions).
• Employee stock purchase plan.
• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs.
• Confidential counseling and financial coaching.
• Paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree