Contract Specialist

Overview Job Overview The Contract Specialist ensures that in every agreement with vendors, providers, or partners, the contract is compliant, cost effective, and aligned with the organization’s goals and mission. This position protects the organization’s financial, legal, and operational interests. Job Status : Full-time, Salaried. Shift : Days. Monday - Friday, 8:00am - 5:00pm. No holidays or weekends. Essential Functions Administers the entire contract lifecycle, from creation to execution using the contract database, ensuring final executed agreements are stored with the contract database. Performs onboarding for new vendors following CHCO policies. Assists with implementing strategy used in contract negotiation and finalizes contracts that meet CHCO contract standards and cost targets in partnership with Category Management Specialist. Engages internal and external stakeholders as needed to achieve optimal outcomes on behalf of CHCO. Ensures necessary workflows and approvals are followed as per CHCO policies. Generates and sends communications to stakeholders regarding workflow questions as needed. Participates in business reviews of contractual performance for strategic vendors to ensure compliance with terms and to identify conflicts or changes requiring resolution at contract renewal. Builds strategic relationships maintaining a positive working relationship with internal customers and other stakeholders to obtain cooperation and support during negotiations and future business reviews. Provides guidance and may participate in Requests for Proposals (RFPs) and Requests for Information (RFI). Executes contract termination procedures or renewals as needed. Updates and maintains contract record data in the contract database. Contributes ideas and makes impactful changes to current processes. Fosters a professional and team-oriented environment. Scope and Level Guidelines: Developmental, standard, or intermediate level. Guidelines are generally numerous, well established, and directly applicable to the work assignment. Work assignment and desired results are explained by general oral or written instructions. Complexity: Falls between the entry and full performance/senior level. Duties assigned are generally repetitive and restricted in scope but may be of substantial intricacy. Employee primarily applies standardized practices. Decision Making: Decisions or recommendations on non-standardized situations are limited to relating organizational policies to specific cases. Brings non-routine issues to supervisor. Problems not covered by guidelines or without precedent are taken up with the supervisor. Communications: Contacts with team members, clients, or the public where explanatory or interpretive information is exchanged, gathered, or presented with some discretion and judgment within job function parameters. Supervision Received: Under normal supervision, within a standardized work situation, the employee performs duties common to the line of work without close supervision or detailed instruction. Work product is subject to continual review. Minimum Qualifications Education: Bachelor’s degree in business administration or a related field is required. Experience: Minimum two (2) years of category management, contract administration and/or purchasing experience required. Healthcare experience preferred. Equivalency: Four (4) years of experience, beyond stated requirements, may substitute for the Bachelor’s degree. Certifications: Paralegal certification preferred. Salary Information Pay is dependent on applicant's relevant experience. Annual Salary Range (Based on 40 hours worked per week): $88,253.00 to $132,379.50 Benefits Information As a Children’s Hospital Colorado team member, you will receive a competitive pay and benefits package designed to take care of your needs. This includes base pay, incentives, paid time off, medical/dental/vision insurance, company-provided life and disability insurance, paid parental leave, 403b employer match (retirement savings), a robust wellness program, and access to professional development tools, including an education benefit to help you advance your career. As part of our Total Rewards package, Children’s Colorado offers an annual employee bonus program that rewards eligible team members based on organizational performance. If organizational goals are met for the year, the bonus is paid out the following April. Children’s Colorado delivers annual base pay increases to eligible team members based on their performance over the previous year. EEO Statement It is our intention that all qualified applicants be given equal opportunity and that selection decisions be based on job-related factors. We do not discriminate on the basis of race, color, religion, national origin, sex, age, disability, or any other status protected by law or regulation. Be aware that none of the questions are intended to imply illegal preferences or discrimination based on non-job-related information. The position is expected to stay open until the posted close date. Please submit your application as soon as possible as the posting is subject to close at any time once a sufficient pool of qualified applicants is obtained. Colorado Residents: In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of attendance at or graduation from an educational institution. You will not be penalized for redacting or removing this information. #J-18808-Ljbffr