Enterprise Procurement Contracts Manager

We're building a world of health around every individual , shaping a more connected, convenient and compassionate health experience.

As an Enterprise Procurement Contracts Manager, you will be responsible for supporting the CVS Health enterprise in drafting, negotiating, and finalizing IT and Non-IT deals and contractual documents for the purchase of all categories and commodities of non-merchandise goods and services.

Hybrid Work Model: The Enterprise Procurement Contracts Manager is required to report to work on Tuesdays and Wednesdays each week.

Responsibilities:

• Draft, prepare and review contract documents in accordance with established company policies and procedures designed to minimize potential exposure while maximizing benefits.
• Negotiate all key terms of a variety of contract documents, including but not limited to Legal and business terms to provide the appropriate level of risk mitigation as well as value for the enterprise.
• Analyze all contract requirements, special provisions, terms and conditions to ensure compliance with appropriate laws, regulations, corporate policies and business unit procedures and requirements.
• Perform work on special projects as assigned by management with direct line of sight to senior leadership.
• Implement change and lead larger projects by managing larger group of Contract Analysts to effectuate progress for highly visible engagements.
• Effectively communicate the importance and intent of all required terms and conditions to both internal and external stakeholders, which is crucial to success in this role.
• Regularly communicate with internal team members and business partners to draft and negotiate pertinent provisions and accurately memorialize specific terms and conditions into appropriate scopes of work, service level agreements, financial incentives, turn-around-times or similar documents.
• Interact consistently with key CVS subject matter experts from areas such as Legal, Sourcing (both IT and Non-IT), Information Security, Risk Management, Privacy, Tax, various Finance areas i.e. IT Finance, FP&A, External Reporting among others) to ensure all current policies and procedures are reflected in contract documents and vendor communications.
• Partner with Sourcing colleagues to support development of RFP requests by providing the necessary contractual documentation for participants to review as components of the exercise.
• Act as the key point of contact and communication between Legal, Finance, Senior Leadership, and business teams, as well as the vendor concerning status and resolution of escalated contract issues and disputes that cannot be resolved at the Senior Contracts Negotiator level.
• Mentor and guide staff where appropriate to drive continuous improvement.
• Collaborate with other staff to maintain Enterprise Procurement Process Manual and templates: manages changes to the current Enterprise Procurement Process Manual and templates working directly with other internal stakeholders as necessary.
• Accurately and comprehensively identify contractual risks and associated dangers (e.g, limitation of liability, waiver of consequential damages, etc.) for purposes of escalation to Senior Leadership to properly investigate and advise various levels of CVS management on contractual issues thoroughly.
• Work with various areas of the company Legal, Sourcing (both IT and Non-IT), Information Technology Security Team, Risk Management, Privacy Legal Team, Compliance, Internal Audit, Tax, various Finance areas i.e. IT Finance, FP&A, External Reporting to discuss new developments warranting inclusion in contract templates.
• Routinely participate in presentations, webinars and roundtable discussions to engage and educate business departments enterprise-wide to promote compliance with Corporate Purchasing and Contracts Policies.
• Demonstrate established proficiency utilizing all evolving technological tools (e.g., Microsoft Office, Word, Excel, PowerPoint, SAP/Ariba Contract Management, etc. to streamline daily tasks and communications.
• Act as a subject matter expert when presenting to Senior Leadership on complex deal concepts and non-standard provisions requiring executive approval.
• Act as initial liaison with business units in compliance efforts to enforce adherence to Corporate Contract and Purchasing policies.
• Manage multiple high visibility, high-priority contracts/projects on a regular basis and closeout a variety of initiatives expeditiously with minimal oversight.
• Work both independently/autonomously and as part of a team to identify and analyze unique contractual relationships and craft terms to best fit the business relationship and protect CVS.

Required Qualifications:

• 5+ years of related contract negotiations experience
• 5+ years reviewing, editing and drafting contractual terms and conditions
• 5+ years professional experience with Microsoft Office
• Ability to prioritize multiple tasks & high volume of contractual negotiations simultaneously
• Experience advising senior leadership in a corporate environment

Preferred Qualifications:

• Experience as a recurring user of Ariba Contract Management platform (or similar tool) is highly preferred.
• Certified Commercial Contracts Manager (CCCM) is a plus
• Experience negotiating non-merchandise/indirect commodity purchases of goods and/or services deals/contracts is preferred.

Education:

• Verifiable Bachelor's degree from an accredited four-year college or university; equivalent years of work experience may substitute.
• Master's degree and/or JD are both highly desired.

Anticipated Weekly Hours: 40

Time Type: Full time

Pay Range: $66,330.00 - $145,860.00