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Contracts Administrator
Globus Medical • Audubon, PA 19407 • Posted 3 days ago
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In-person • Full-time • Mid Level
Job Highlights
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The Contracts Administrator at Globus Medical is responsible for managing all aspects of domestic and international healthcare account contracts within the Contracts group. This role involves coordinating and preparing contracts, serving as a liaison during contract development and execution, administering contracts, and ensuring compliance with company policies and regulations. The position requires close collaboration with internal departments and field sales to provide accurate and timely contract assistance.
Responsibilities
- Coordinates and prepares quality Purchase contracts and ensures timely, accurate, and effective submissions of RFPs, RFIs, Tenders, and responses to all domestic and international assigned healthcare accounts
- Serves as a liaison between internal and external parties during contract development, negotiation, and execution stages
- Coordinates for field sales members on all aspects of healthcare account contracts to ensure all contracts are properly reviewed, redlined, or revised for compliance with business terms and channeled through the Globus contract approval procedure in a timely manner
- Interacts with Pricing Administration Team to ensure contract terms conform to pricing arrangement and final approved pricing is included in the contract
- Administers and analyzes purchase contracts within the contract management database; assuring accurate data entry of contract specifications and terms into the database and completeness of all contracting processes
- Negotiates business terms and conditions within the scope of responsibility. Ensuring contract provisions are clear and conform to company policy. Facilitating the approval process of all contract documents from pre-contract through post-signature phases as necessary
- Maintains processes that provide timely notification of critical contract events (e.g. renewals, termination, and due dates contained within the agreements)
- Reviews and updates or extends existing contracts; prepares amendments
- Acts as a liaison to Pricing Committee and in-house executive management on all assigned healthcare account contract issues and assigned external healthcare account customers
- Follows all procedures outlined in Globus Medical's Quality Policy and Employee Handbook to ensure conformity with all laws, regulations, and government agency guidelines
- Adheres to the letter and spirit of the company Code of Conduct, the AdvaMed Code, MedTech Code, and all other company policies
- Ensure Compliance with applicable governmental laws, rules, and regulations, both in the United States and internationally, by completing introductory and annual training and maintaining knowledge of compliance as it applies to your role
- Represents the company in a professional manner and upholding the highest standards of ethical business practices and socially responsible conduct in all interactions with other employees, customers, suppliers, and other third parties of Globus
Qualifications
Required
- Bachelor's degree in business or related field is required
- 2-3 years of experience in a contract administration, paralegal, or similar position preferred
- Specific experience with medical devices is a plus
- Redlining experience is required
- Understanding of basic contract administration principles and concepts
- Advanced WORD skills required
- Excellent relationship management skills required
- Excellent problem resolution skills, written and verbal communications skills, and consistently display a high level of professional conduct
- Results-driven, able to self-direct and work independently while showing initiative
- Able to multi-task, pay close attention to detail, and be flexible in a fast-paced and growing organization
- Strong organizational and analytical thinking skills
- Strong interpersonal skills, including optimism, diplomacy, and flexibility, and the ability to interface effectively with personnel at many different levels throughout the company and with our customers and other business partners
Full Job Description
At Globus Medical, we move with a sense of urgency to deliver innovations that improve the quality of life of patients with musculoskeletal disorders. Our team is inspired by the needs of these patients, and the surgeons and healthcare providers who treat them. We embrace a culture of exceptional response by partnering with researchers and educators to transform clinical insights into tangible solutions. Our solutions improve the techniques and outcomes of surgery so patients can resume their lives as quickly as possible.
Position Summary:
The Contract Administrator will be responsible for all aspects of domestic and international assigned regional healthcare account contracts within the Contracts group. The position will support domestic and international assigned regional field sales and partner closely with internal departments, both domestically and internationally, to support the sales teams by providing accurate and timely contract assistance. The position handles the entire contract process from pre-contract through post-signature phases and collaborates with the sales team and internal departments to ensure staff is informed of new contracts and changes or updates to existing contracts.
Essential Functions:
Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.
Qualifications:
Our Values:
Our Life Moves Us philosophy is built on four values: Passionate About Innovation, Customer Focused, Teamwork, and Driven.
Equal Employment Opportunity:
Globus Medical is an equal opportunity employer. All applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, age, disability, marital status, pregnancy, national origin or citizenship. We are committed to a diverse workforce. We value all employees' talents and support an environment that is inclusive and respectful.
Other Duties:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Position Summary:
The Contract Administrator will be responsible for all aspects of domestic and international assigned regional healthcare account contracts within the Contracts group. The position will support domestic and international assigned regional field sales and partner closely with internal departments, both domestically and internationally, to support the sales teams by providing accurate and timely contract assistance. The position handles the entire contract process from pre-contract through post-signature phases and collaborates with the sales team and internal departments to ensure staff is informed of new contracts and changes or updates to existing contracts.
Essential Functions:
- Coordinates and prepares quality Purchase contracts and ensuring timely, accurate, and effective submissions of RFPs, RFIs, Tenders, and responses to all domestic and international assigned healthcare accounts
- Serves as a liaison between internal and external parties during contract development, negotiation, and execution stages
- Coordinates for field sales members on all aspects of healthcare account contracts to ensure all contracts are properly reviewed, redlined, or revised for compliance with business terms and channeled through the Globus contract approval procedure in a timely manner
- Interacts with Pricing Administration Team to ensure contract terms conform to pricing arrangement and final approved pricing is included in the contract
- Administers and analyzes purchase contracts within the contract management database; assuring accurate data entry of contract specifications and terms into the database and completeness of all contracting processes
- Negotiates business terms and conditions within the scope of responsibility. Ensuring contract provisions are clear and conform to company policy. Facilitating the approval process of all contract documents from pre-contract through post-signature phases as necessary
- Maintains processes that provide timely notification of critical contract events (e.g. renewals, termination, and due dates contained within the agreements)
- Reviews and updates or extends existing contracts; prepares amendments
- Acts as a liaison to Pricing Committee and in-house executive management on all assigned healthcare account contract issues and assigned external healthcare account customers
- Follows all procedures outlined in Globus Medical's Quality Policy and Employee Handbook to ensure conformity with all laws, regulations, and government agency guidelines
- This role may be involved in government contracting
- Adheres to the letter and spirit of the company Code of Conduct, the AdvaMed Code, MedTech Code, and all other company policies.
- Ensure Compliance with applicable governmental laws, rules, and regulations, both in the United States and internationally, by completing introductory and annual training and maintaining knowledge of compliance as it applies to your role.
- Represents the company in a professional manner and upholding the highest standards of ethical business practices and socially responsible conduct in all interactions with other employees, customers, suppliers, and other third parties of Globus
Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.
Qualifications:
- Bachelor's degree in business or related field is required; may consider an equivalent of relevant business experience and education
- 2-3 years of experience in a contract administration, paralegal, or similar position preferred. Specific experience with medical devices is a plus
- Redlining experience is required
- Understanding of basic contract administration principles and concepts
- Advanced WORD skills required
- Excellent relationship management skills required
- Excellent problem resolution skills, written and verbal communications skills, and consistently display a high level of professional conduct
- Results-driven, able to self-direct and work independently while showing initiative
- Able to multi-task, pay close attention to detail, and be flexible in a fast-paced and growing organization
- Strong organizational and analytical thinking skills
- Strong interpersonal skills, including optimism, diplomacy, and flexibility, and the ability to interface effectively with personnel at many different levels throughout the company and with our customers and other business partners
Our Values:
Our Life Moves Us philosophy is built on four values: Passionate About Innovation, Customer Focused, Teamwork, and Driven.
- Passionate about Innovation: Improving patient care by delivering advanced technology to our customers is at the core of what we do. We are passionate in our role in improving the lives of patients by continuously developing better solutions.
- Customer Focused: We listen to our customers' needs and respond with a sense of urgency.
- Teamwork: Working together, anything is possible. We value every person on our team and treat each other with respect. We are accountable to one another and support each other. Together, we make each other stronger.
- Driven: We pursue our mission with energy and passion. We are nimble, results-oriented and decisive. We overcome obstacles that arise in our quest to deliver solutions that will improve the lives of our customers and patients.
Equal Employment Opportunity:
Globus Medical is an equal opportunity employer. All applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, age, disability, marital status, pregnancy, national origin or citizenship. We are committed to a diverse workforce. We value all employees' talents and support an environment that is inclusive and respectful.
Other Duties:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
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