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CVS Health · 2 months ago

Procurement Contracts - Lead Director

Irving, TX

Full-time

Hybrid

Director/Executive

$100K/yr - $232K/yr

6+ years exp

CVS Health is a leading health solutions company dedicated to transforming health care. The Procurement Contracts Lead Director will be responsible for the overall strategy, direction, and execution of the contracts management function, including supplier negotiations and collaboration with key stakeholders.

Health CareMedicalPharmaceuticalRetailSales

Responsibilities

Establish and develop contract negotiation playbooks, clause libraries, policies and processes to independently support and advance specific categories

Provide dedicated training and education to members of the Procurement Contracts organization to better support and augment contract category specific needs

Serve as the primary point for your assigned categories for business leaders in the procurement planning and contracts process. Proactively build, establish and maintain relationships with key stakeholders, subject matter experts and decision-makers to appropriately deliver exceptional results compliant with corporate mandates

Review and comment on all RFI, RFP, RFQ and contracts created by Enterprise Procurement on behalf of CVS Health

Initiate processes to communicate effectively and succinctly with a diverse range of constituents, both verbally and on paper, and with all levels of a large organization

Develop a continuous performance improvement culture

Implement contract modifications to accommodate regulatory, legislative, industry or legal changes

Work with various areas of the company Legal, Sourcing (both IT and Non-IT), Information Technology Security Team, Risk Management Dept., Privacy Legal Team, Vendor Assessment Team, Compliance Dept., Internal Audit Dept., Tax Dept., various Finance areas i.e. IT Finance, FP&A, External Reporting to discuss new developments warranting inclusion in contract templates. Lead discussions and revisions to contract language reflecting new requirements and finalize new contract template documents through appropriate internal subject matter experts

Regularly anticipate the needs of internal stakeholders of assigned categories throughout the organization to proactively support key initiatives to execute against tight deadlines and targets in a fast-paced environment focused on innovation

Potentially manage a diverse group of individuals, in multiple locations, to ensure that all projects are completed accurately, completely and within timelines

Regularly lead presentations, webinars and roundtable discussions to engage and educate business departments enterprise-wide to promote compliance with Corporate Purchasing and Contracts Policies

Lead activities which ensure suppliers meet defined requirements, goals and targets

Demonstrate established proficiency utilizing all evolving technological tools (e.g., Microsoft Office, Word, Excel, PowerPoint, SAP/Ariba Procure to Pay Suite of Applications i.e. eSourcing, Ariba Contract Management and Ariba Buyer, Microsoft Teams, etc.) to streamline daily tasks and communications

Support the Contract Administration function, including aspects of Contract Administration Document Management, Process Workflows, and Reporting & Compliance requirements

Update and maintain contract templates and other required documents as necessary

Qualification

Contract negotiationContracts managementSupplier relationship managementAriba Contract ManagementProject managementLegal degreeHealthcare industry experienceTeam managementConflict resolutionCommunication skills

Required

6+ years of experience working in a contracts support environment

6+ years of experience drafting complex contractual documents, memorandum, and other relevant correspondence

A legal degree or degree in contract administration, public administration, business management or a closely related field is required

Masters or JD degree required

Preferred

Proven ability to effectively manage efficient teams and/or large-scale, highly visible arrangements simultaneously

Experience within the PBM, Retail and/or Healthcare Industries is preferred

Experience in negotiating non-merchandise/indirect commodity purchases of goods and/or services deals/contracts is preferred

Experience with Ariba Contract Management or a similar contracts management system tool / platform is strongly preferred

Ability to balance project management, conflict resolution and potentially people management

Ability to manage multiple cross-functional efforts simultaneously and effectively prioritize in order to maximize business impact in a fast-paced environment

Benefits

Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.

No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.

Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.