What are the responsibilities and job description for the Senior Contracts Administrator position at HISTOSONICS INC?
HistoSonics is a medical device company, founded in 2009, that has developed a non-invasive, sonic beam therapy platform that uses histotripsy, which is capable of destroying targeted liver tumors. Our mission and passion are to advance the novel science of histotripsy and its powerful benefits, bringing meaningful and transformational change to physicians and their patients.
Location: Plymouth, MN, Ann Arbor, MI or Madison, WI - Hybrid
Position Summary:
We are seeking a Contracts Administrator to establish, manage, and continuously improve our contracting function within a rapidly growing medical device company. This role will be pivotal in building scalable systems and processes for contract intake, review, approval, and tracking. The ideal candidate will have a strong background in contract administration within the medical device or healthcare industry, with hands-on experience implementing contract lifecycle management tools and streamlining workflows in a fast-paced, regulated environment. The successful candidate will partner closely with Legal, Information Systems Management Security, Compliance, Procurement, Operations and Commercial teams to support efficient contracting processes that protect company interests while enabling business growth.
Contract Administration:
- Prepare, review, and administer various contracts, including customer contracts, Business Associate Agreements (BAAs) and customer sales quotations.
- Coordinate with Legal, Compliance, Procurement, Information Systems Management Security and Commercial teams to ensure accuracy, compliance, and alignment with company objectives.
- Maintain a centralized repository of executed contracts with version control and renewal tracking.
- Support internal audits and reporting related to contract status, obligations, and risk exposure.
Compliance and Risk Management:
- Ensure all contracts adhere to company policies and applicable regulations (e.g., FDA, HIPAA, GDPR).
- Identify process gaps and recommend improvements to enhance compliance and efficiency.
- Partner with stakeholders to manage third-party data privacy, confidentiality, and regulatory compliance obligations.
Continuous Improvement:
- Establish key performance metrics for contracting processes (e.g., cycle time, compliance rate, renewal timeliness).
- Serve as a subject matter expert for contract-related systems and workflows as the company scales.
Required:
- Bachelor’s degree in business administration, Legal Studies, or related field.
- 5 years of experience in contract administration, preferably within the medical device, life sciences, or healthcare industry.
- Exposure to commercial agreements, vendor contracts, and distributor relationships in global markets.
- Demonstrated experience setting up or scaling contract management systems and processes in a growing organization.
- Knowledge of healthcare compliance and regulatory requirements (FDA, HIPAA, GDPR).
- Experience implementing or managing contract lifecycle management (CLM) software (e.g., Salesforce, Ironclad, Conga, Agiloft, ContractWorks).
Benefits: We offer a comprehensive benefits package for full-time employees. This includes health, dental, and vision insurance, life, short-term and long-term disability insurance, 401(k), paid time off, and more.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
#LI-Hybrid
Salary : $110,000 - $140,000