Sr Associate Contract Management @ Innova Solutions | Jobright.ai
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Sr Associate Contract Management jobs in Thousand Oaks, CA
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Innova Solutions ยท 2 days ago

Sr Associate Contract Management

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Responsibilities

Lead the review, drafting, and negotiation of contracts for members of the healthcare community.
Responsible for moderately complex agreements, requiring a working knowledge of healthcare regulations, business requirements and legal compliance.
Maintain contract documentation and ensure compliance with contractual terms and conditions.
Coordinate contract execution and distribution.
Triage intake from Client's R&D or other supported functions to appropriate contract managers, as needed.
Cross-Functional Collaboration: Collaborate with sourcing, accounts payable, and other relevant teams to streamline financial processes and resolve any issues or discrepancies.
Process invoices, reimbursements, and payments related to healthcare contracts.
Verify accuracy of invoices and resolve discrepancies with suppliers and providers.
Ensure timely payments and adherence to payment terms.
Ensure compliance with internal controls, policies, and regulations.
Develop and enforce policies and procedures related to contracting and payment operations.
Participate in audits and assist with compliance-related activities as required.
Contribute to the development and implementation of strategic initiatives to optimize contracting and payment processes.

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Contract ManagementSAPHealthcare RegulationsComplianceAribaC3SalesforceInvoice ProcessingFinancial AccountingAnalytical SoftwareHealthcare Compliance PolicyLegal Document ReviewProject ManagementData EntryMS OfficeDocument ManagementCross-Functional Collaboration

Required

Bachelor's degree
OR Associate degree and 2 years of related resource management, paralegal, contracting and/or financial accounting experience.
OR 4 years of related resource management, paralegal, contracting and/or financial accounting experience.
OR High school diploma / GED and 6 years of related resource management, paralegal, contracting and/or financial accounting experience.
Lead the review, drafting, and negotiation of contracts for members of the healthcare community.
Responsible for moderately complex agreements, requiring a working knowledge of healthcare regulations, business requirements and legal compliance.
Maintain contract documentation and ensure compliance with contractual terms and conditions.
Coordinate contract execution and distribution.
Triage intake from Client's R&D or other supported functions to appropriate contract managers, as needed.
Cross-Functional Collaboration: Collaborate with sourcing, accounts payable, and other relevant teams to streamline financial processes and resolve any issues or discrepancies.
Process invoices, reimbursements, and payments related to healthcare contracts.
Verify accuracy of invoices and resolve discrepancies with suppliers and providers.
Ensure timely payments and adherence to payment terms.
Ensure compliance with internal controls, policies, and regulations.
Develop and enforce policies and procedures related to contracting and payment operations.
Participate in audits and assist with compliance-related activities as required.
Contribute to the development and implementation of strategic initiatives to optimize contracting and payment processes.
Excellent computer and MS Office skills
Excellent writing skills; detail-oriented
Familiarity with SAP
Knowledge of current and legally binding contractual language and terminology.
Solid understanding of purchasing and supply chain procedures.
Solid understanding of standard operating procedures (SOPs) and healthcare regulations.
Solid understanding of standard contracting legal principles.
Ability to process moderately complex transactions from end to end, engaging business partners where appropriate.
Operates with some degree of autonomy, requiring supervision for more complex agreements.
Identify and escalate business issues needing resolution, as well as identifying potential process improvements and manage multiple assignments at one time.
Review and either approve payments or triage errors to the appropriate Client's staff member.
Review invoice/expenses related to Fee for Service Arrangements (i.e. CARFs) and triage any issues.
Review invoice/expenses related to Advisory Board Arrangements (i.e. ABCARFs) and triage any issues.
Communicate and escalate contractual and/or payment challenges to leadership team.
Exercises good judgment.
Interact with business partners to ensure compliance processes and standards are understood and followed.
Review proposed arrangements via Client's healthcare compliance operations system of record (C3).
Support Client's staff members with any related questions and/or concerns such as C3 system support.
Ability to read legal documents and facilitate legal review, interpret financial reports and technical documents.
Manage payment inquiries that are received via the HCC Payment Requests mailbox from RAEs, Service Providers etc. Outcome may include further reviews, research and/or triage.
Proofread, edit and fact-check legal documents for accuracy and consistency.
Time management and problem-solving skills.

Preferred

Familiarity with research and clinical development in biopharmaceutical industry as well as medical and scientific terminology.
Experience with analytics software (Microsoft Access, Spotfire, Tableau, Smartsheet), document management applications, portfolio planning tools, supply chain and financial systems (Planisware, Veeva, SAP, Ariba).
Intermediate Microsoft Office user (Excel, Word, PowerPoint, Outlook).
Experience working with virtual teams and using collaborative tools and platforms.
Ability to work in a highly cross matrixed environment.
Strong planning and project management skills with the demonstrated ability to work effectively in a fast-paced environment with multiple high priority projects and minimal supervision.

Benefits

Medical & pharmacy coverage
Dental/vision insurance
401(k)
Health saving account (HSA)
Flexible spending account (FSA)
Life Insurance
Pet Insurance
Short term and Long term Disability
Accident & Critical illness coverage
Pre-paid legal & ID theft protection
Sick time
Other types of paid leaves (as required by law)
Employee Assistance Program (EAP)

Company

Innova Solutions

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Innova Solutions is an IT company that specializes in data analytics, cloud computing, cyber security, and machine learning.

H1B Sponsorship

Innova Solutions has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (248)
2022 (74)
2021 (32)
2020 (79)

Funding

Current Stage
Late Stage

Leadership Team

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Raj Sardana
Founder, Chairman and CEO
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Company data provided by crunchbase
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