Medtronic
Healthcare
PrincipalContractSpecialist
Neural analysis suggests this role is
optimal for Senior candidates.
“Principal Contract Specialist at Medtronic. Skills: Contract negotiation, Risk mitigation, Legal guidance. Review commercial supply contracts. Identify key areas of risk”
Industry & Context.
Problem solving; Decision making
What They're Looking For.
Must Have
Tertiary qualifications in law or business, Team management experience, Proven relevant experience, Intermediate MS Excel skills
Nice to Have
Exposure to Project Management
What You'll Do.
Review commercial supply contracts
Identify key areas of risk
Distribute risks for assessment
Support Contracts Specialists team
Manage contracts across ANZ
Provide contractual guidance
Provide commercial guidance
Negotiate with customers
Ensure contract review
Ensure contract approval
Ensure contract execution
Provide drafting guidance
Maintain customer clauses detail
Provide support to Sales
Provide support to Marketing
Develop solutions to business issues
Liaise with Legal team
Resolve conflicting terms
Coach Contract Specialists
Support Contract Specialists
Prepare customer account reviews
Participate in internal meetings
Work on contract templates
Work through resource mailboxes
Attend customer meetings
Attend business review meetings
Facilitate internal meetings
Prioritize contract management activities
Allocate contract management activities
Coordinate contract management activities
Review contract agreements
Review customer agreements
Manage contract pricing
Mitigate commercial risk
Understand contractual terms
Understand contractual clauses
Understand contractual obligations
Meet business requirements
Meet internal team requirements
Maintain communication channel
Maintain contract log
Update internal trackers
Provide contract management support
Manage assigned territories
Participate in projects
Continuous education on market conditions
Continuous education on customer requirements
Exhibit Medtronic Mindset behaviours
Observe health & safety policies
Promote Medtronic mission
Promote corporate strategies
Promote Business Conduct Standards
How You'll Work.
Team & Collaboration
Support business functions; Work with Legal team; Work with Pricing Operations; Work with Sales; Work with Marketing; Work with customer procurement
Communication Scope
Contractual guidance; Commercial guidance
Process & Methodology
Project Management
Full Job Description
At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world. # **A Day in the Life** This position has the responsibility to support Medtronic business by minimizing risks through the review of all commercial supply contracts. Identify key areas of risk and non-compliance within customer supply contracts and distribute to business and support functions for assessment and approval. Support a team of Contracts Specialists and manage contracts across the ANZ for all ongoing contract management activities including day to day contract management of assigned territories to self. Support Tenders team with contract reviews and negotiations from time to time. Provide contractual and commercial guidance and advice under the support from the Legal team to ensure business units and functional areas are making informed decisions prior to approving/declining contractual clauses. Influence & negotiate with customers to progress contract development ensuring business compliance & commercial benefits are maintained. **Responsibilities may include the following and other duties may be assigned.** Contract Review: * Ensure contract review, approval and execution, in accordance with company guidelines and authorization levels. * Provide drafting guidance to the business around proposed departures to clauses. * Maintain & provide detail to the business around any previously accepted customer clauses. * Provide pro-active support to Sales and Marketing by providing guidance and advice on contractual trends in place by our customers. * Develop and provide recommended solutions to complex business issues. * Liaise with the Legal team to resolve terms and conditions that conflict with Medtronic’s standard terms and conditions * Coach and support a team of Contract Specialists in ensuring compliance across all a
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