Procurement Specialist
About The Position
The Procurement Specialist manages the end-to-end contract lifecycle in partnership with business owners, including contract creation, approval, execution, renewal, amendment, and termination. The role ensures contracts comply with company policies, legal requirements, and regulatory standards, and works with Legal, Procurement, Finance, Compliance, and business stakeholders to address contract issues and align terms with business objectives. The position maintains contract records and documentation in contract management systems and repositories, supports audits, and ensures documentation is complete, accurate, and accessible. It also identifies opportunities to improve processes, reduce costs, and mitigate risks within contract management activities. The role is a 12-month contract based in Research Triangle Park, North Carolina, with a hybrid work arrangement. The pay rate is $67–$76.35 per hour on W2.
Requirements
- Bachelor's degree in Business, Finance, Operations, or a related field, or an equivalent combination of education and relevant work experience.
- 3 to 5 years of relevant experience in the pharmaceutical, biotechnology, finance, procurement, or related industries.
- Experience in contract lifecycle management (CLM).
- Experience managing Procure-to-Pay (P2P) processes and purchase order administration.
- Experience with Oracle iProcurement, Coupa, and purchase order management.
Nice To Haves
- Experience working with external workforce management systems, such as Fieldglass.
Responsibilities
- Manage the end-to-end contract lifecycle with business owners, including contract creation, approval, execution, renewal, amendment, and termination.
- Ensure contracts comply with company policies, legal requirements, and regulatory standards.
- Collaborate with Legal, Procurement, Finance, Compliance, and business stakeholders to resolve contract issues and align contractual terms with business objectives.
- Maintain contract records and documentation in contract management systems and repositories.
- Support contract audits and ensure documentation is complete, accurate, and readily accessible.
- Identify opportunities for process improvements, cost savings, and risk reduction in contract management activities.
Benefits
- Comprehensive benefits package, subject to eligibility.
