Sr. Contract Specialist, Procurement

McKesson Corporation
United States, Georgia, Alpharetta
Nov 13, 2024
McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve - we care. What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow's health today, we want to hear from you. ROLE DESCRIPTION Responsible for the overall quality of the service, accuracy, and consistency of contracts, as well as shepherding contracts through the final documentation and approval processes. Contract Specialist will also manage the day-to-day operations of Contract Management and make suggestions to improve the contracting process to drive efficiency. KEY RESPONSIBILITIES Contract Negotiation: Select and utilize appropriate contract templates for vendor negotiations, ensuring alignment with organizational goals and policies. Redlining Facilitation: Organize and manage the redlining process, coordinating with Legal and other Shared Services to ensure accurate and timely revisions of legal terms. Stakeholder Collaboration: Partner closely with Category Managers and Legal teams to establish contracting policies early in vendor engagement, ensuring clarity on non-negotiable terms. Contract Drafting and Execution: Draft, redline, and execute various contractual documents, including MSAs, Amendments, SOWs, change orders, and renewals, in collaboration with relevant stakeholders. Timely Updates: Monitor the contract lifecycle and provide regular status updates to business stakeholders, ensuring transparency and proactive management of contract timelines. Risk Management: Collaborate with Shared Services to finalize contracts using organizational templates and standard Terms and Conditions, with a focus on reducing contractual risk. Continuous Improvement: Lead initiatives to enhance the efficiency and effectiveness of Contract Management Services, driving continuous improvement within the contracting process. KEY COMPETENCIES Contract Lifecycle Management Skill in translating business requirements into legal terms, identifying potential risks, and managing contract dependencies to create robust legal agreements that protect and further McKesson's interests. Negotiation Proficiency in negotiating terms, exploring alternatives, and influencing outcomes to achieve mutually beneficial agreements that align with McKesson's strategic goals. Customer Relationship Management Ability to understand, define, and support McKesson's inter-business operations while fostering strong, collaborative relationships between S&P and its business partners. Category Management (Indirect Procurement) Ability to partner with Category Managers to drive value through supplier negotiations, strategic sourcing, and vendor management. JOB QUALIFICATIONS Education Minimum of 4-year degree in Business, Supply Chain, or Law Experience 4+ years of Supply Chain/Sourcing/Contract Negotiation Experience negotiating/managing commercial contracts We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered. For more information regarding benefits at McKesson, pleaseclick here. Our Base Pay Range for this position $68,400 - $114,000 McKesson is an Equal Opportunity Employer McKesson provides equal employment opportunities to applicants and employees and is committed to a diverse and inclusive environment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age or genetic information. For additional information on McKesson's full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page. Join us at McKesson!