Contracts Manager - Master Data (CLM experience - Cambridge, MA or Bothell, WA)

Company: Philips
Location: Somerville
Posted on: June 13, 2022

Job Description:

Job TitleContracts Manager - Master Data (CLM experience - Cambridge, MA or Bothell, WA)Job DescriptionEffective -Tuesday, -January 4, 2022, all U.S.-based employees are required to be fully vaccinated against COVID as a condition of employment at Philips*.--- Employees may request a reasonable accommodation.*Montana employees are currently excluded from this requirement at this time.If you are a Colorado resident and this role is a field-based or remote role, you may be eligible to receive additional information about the compensation and benefits for this role, which we will provide upon request.--- -You may contact -888-367-7223, option 5, for assistance.US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa. -Candidates need to live within the territory or within commuting distance to Cambridge, MA or Bothell, WA (primary, preferred locations). - This position will support a hybrid work environment - with a blend of onsite-office and work-from-home days.Philips is a global leader in health technology, committed to improving billions of lives worldwide and striving to make the world healthier and more sustainable through innovation. Driven by the vision of a better tomorrow.But it's not just what we do, it's who we are. We are 80,000, wonderfully unique individuals, with two things in common: An unwavering sense of purpose and a relentless determination to deliver on our customers' needs. It's what inspires us to create meaningful solutions - the kind that make a real difference - when it matters most.The world and our customers' needs are changing faster than ever before and while we are proud of what we do already, we know we can do more. That's why we need you, to help us tackle increasingly complex challenges posed by ever evolving health and well-being needs.In this role, you have the opportunity to make life betterLooking at the challenges the world is facing today, Philips' purpose has never been more relevant. So, whatever your role, if you share our passion for helping others, you'll be working towards creating a better and fairer future for all.As an individual contributor, you will provide legal and business expertise in the evaluation, development, and negotiation of commercial transactions, contracts, proposals, and quotes while ensuring compliance with current policies and procedures and minimizing contractual risk. You will also ensure our North American Market (NAM) Contracts Center of Excellence (CoE) team utilizes our Master Data systems and processes, including our Contracts Lifecycle Management (CLM) tools at an optimal level in daily operations.In this role, you will be part of a team reporting to the Senior Manager of Contract Management - Sales and Service, you will work with a team of other Contracts Managers (CMs) and interface with Legal, Risk, Finance, Sales, the Global Business Services team as well as other internal Philips's customers and negotiate directly with external customers.You are responsible for Utilizing workflow tools and process, execute systematic administration of contract (creation, logistics tracking and archiving) -Creating contract solutions that minimize risk and provide value to Philips and customersWorking with field personnel and internal departments to evaluate and negotiate contracts for sales of Philips portfolioRecommending and implementing improvements of policies and process that will ensure that proposals and contractual documents are aligned with company's business controls, policies and procedures -Advising field teams and management of contractual rights, obligations, and provide interpretation of terms and conditions identifying solutions -Leading multiple projects across markets with the goal of contract master data management, and contract template design. Activities include managing to project scope, forecasting resources, and status reporting to internal service line leadershipLeveraging LEAN methodologies, high attention to detail, and proficiency with CLM tools, understanding of the use of Artificial Intelligence (AI) and its application in contract managementRecommending and implementing improvements of policies and process that will ensure that proposals and contractual documents are aligned with company's business controls, policies and procedures -Draft training materials and facilitating sessions for training and onboarding CoE team members onto our CLM/AI solutionCollaborate with CMs to support their daily evaluation and negotiation of contracts for sales/service (i.e., capital, consumables, Software as a Service (SaaS), service, consulting, etc.) as well as drafting and finalizing other related documentsInteract closely with internal technical resources and CoE leadership to ensure data migrations are architected Understanding the content of the contracts and driving related actions (e.g. fulfillment, invoicing) across all channels and ensure accuracy of calculations and payments within contractual terms and conditionsFacilitate Contract Performance Monitoring. Evaluate and communicate gaps between current contract value and required contract value to meet business goalsSupporting in compliance auditsContract review and control process - review sales contract completeness and approve sales contractsCooperate with sales support, order management, project manager and other functional groups to ensure efficiency and consistency in contract fulfillment and execution. Evaluate and Monitor Contract ExecutionDrives continuous improvements applying LEANBehavioral: Daily demonstration of the highest level of Philips Leadership competencies and 4 behaviorsOther related duties as assigned.You are part ofOur mission to improve the lives of 2.5 billion people per year by 2030. Every day we move closer to achieving our goal by creating state of the art solutions that lead to confident diagnosis, improved care, and increased quality of life for patients. We enable our employees to create a legacy in life through their work and support their development through people-centric learning, total rewards, and personalized development planning programs. Our research and business provide unique opportunities to develop cutting-edge clinical solutions and deliver meaningful solutions in the healthcare space.To succeed in this role, you'll need a customer-first attitude and the followingBachelor's degree required (relevant experience, particularly military service, may be considered in lieu of a bachelor's degree)Paralegal, Certified Contract Management (CCM) or other contract management certification5+ years of experience drafting, reviewing, and negotiating commercial contracts (or a combination of experience and education)Knowledge in applying health care Compliance laws (i.e., Medicare Fraud and Abuse, the Personal Services Safe Harbor, and Sunshine Law) to commercial activitiesProviding successful legal commercial/transactional support for the purchase and sale of IT products, services, and solutions; software; hardware; consulting services; and support servicesMust possess excellent communication skills, both written and verbalAbility to communicate clearly with employees at various levels within the organization, as well as customersHighly organized and comfortable working in a fast-paced, matrixed, high-energy deadline driven environmentMust be detail oriented, with the skills to multi-task and manage the day-to-day transactional and transformational work with projects, set priorities, and ensure completion of tasksComfortable working in a fast-paced, high-energy environment that requires strong organization, prioritization, and attention to detailProficient in MS Office; with the ability to learn and adapt to other programs such as Saleforce.com (SFDC), Contract Lifecycle Management (CLM) tools and Lean methodologyProject management; as well as, solid analytical and negotiation skills, requiredIn return, we offer youThe ability to collaborate with, learn and grow from colleagues in a highly complex, global organization where you can use your strengths to help drive strategic business initiatives for Philips. - Additionally, we provide you a dynamic working environment in an innovative business, paired with a competitive salary, excellent benefits, and a supportive atmosphere where you can sharpen your talents with new challenges and career opportunities.US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa. -Candidates need to live within the territory or within commuting distance to Cambridge, MA. - This position will support a hybrid work environment - with a blend of onsite-office and work-from-home days.How we work at PhilipsOur newly adopted hybrid work concept fuses flexibility with -collaboration to deliver great outcomes for our people and -our customers. -We are -embracing an approach wherein we -spend more time together than apart - which for full-time -employees translates to an average of at least 3 days -working from the office and up to 2 days from home - for -our hybrid roles.---Hybrid work flexibility means people can meet the changing -demands of work and home in the most balanced, -productive, and healthy way. -Our hybrid working model is defined in 3 ways:---We believe in the importance of -impactful collaboration: -There's a certain energy when everyone's in the same room -that can heighten idea generation and creative friction -needed for problem-solving.We -embrace flexibility: Choosing where, when, and how to -work can vary according to task and team schedules. -Flexibility -isn't -office or online, it means choosing the space -that works best for you, your teams, and our customers on a -case-by-case basis. ----We want to -be at our best: The way we -work, -and our -workspaces are designed to support our well-being, offer -career advancement opportunities, and enable us to be at -our best. ---Why should you join Philips?Working at Philips is more than a job. It's a calling to create a healthier society through meaningful work, focused on innovative, customer-first health technology solutions. Help us improve the health and well-being of billions of people, every year. Ultimately creating a career that no one could have planned for. Even you.Visit our careers website to explore what it's like working at Philips, read stories from our employee blog, find information about our recruitment process and answers to some frequently asked questions.#LI-PH1#IndeedCSIt is the policy of Philips to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status or a person's relationship or association with a protected veteran, including spouses and other family members, marital or domestic partner status, or any other category protected by federal, state and/or local laws.As an equal opportunity employer, Philips is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact 888-367-7223, option 5, for assistance.Equal Opportunity Employer/Disabled/VeteranJob SummaryJob number: 461797Date posted : 2022-06-02Profession: SalesEmployment type: Full time

Keywords: Philips, Somerville , Contracts Manager - Master Data (CLM experience - Cambridge, MA or Bothell, WA), Executive , Somerville, Massachusetts