What are the responsibilities and job description for the Contract Management, Business Process Expert position at Philips?
Job Title
Contract Management, Business Process Expert
Job Description
Contract Management, Business Process Expert
Contract Management, Business Process Expert leads negotiation and management of complex, high-value contracts, ensuring terms align with company objectives and legal requirements while implementing advanced frameworks and serving as the organization's subject-matter expert. They conduct thorough risk assessments and dispute resolution, mentor a diverse team, contribute to policy formulation, and collaborate cross-functionally to align contract strategy with business goals while providing detailed analyses for executive decision-making.
Your Role
We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company’s facilities. Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.
This is an office role.
About Philips
We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help improve the lives of others.
The pay range for this position in Nashville, TN is $117,000 to $187,000
The pay range for this position in Cambridge, MA and Bothell, WA is $131,040.00 to $209,664.00
The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.
In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here.
At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case.
Additional Information
US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.
Company relocation benefits will not be provided for this position. For this position, you must reside in Nashville, TN or Cambridge, MA or Bothell, WA.
This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.
Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace.
Contract Management, Business Process Expert
Job Description
Contract Management, Business Process Expert
Contract Management, Business Process Expert leads negotiation and management of complex, high-value contracts, ensuring terms align with company objectives and legal requirements while implementing advanced frameworks and serving as the organization's subject-matter expert. They conduct thorough risk assessments and dispute resolution, mentor a diverse team, contribute to policy formulation, and collaborate cross-functionally to align contract strategy with business goals while providing detailed analyses for executive decision-making.
Your Role
- Serves as the subject-matter expert for high-value, complex contracts—leading negotiation, drafting, execution, and dispute resolution to ensure alignment with company objectives and legal standards.
- Designs and implements advanced contract management frameworks, policies, and best practices to meet industry standards and regulatory requirements.
- Conducts comprehensive risk assessments and develops robust mitigation strategies to protect the company’s interests.
- Partners with executive leadership and cross-functional teams to align contract strategy with business goals and provide strategic input for decision-making.
- Coaches and mentors a diverse team, prepares executive-level analyses and reports on contract performance and opportunities, and continuously integrates industry and legal developments.
- Bachelor's/ Master's Degree in Business Administration, Law or equivalent.
- 5 years of experience with Bachelor's OR Minimum 3 years of experience with Master's in areas such as Sales, Contract Management or equivalent.
- Expertise in contract lifecycle management: drafting and negotiating contracts, defining contractual terms, ensuring regulatory compliance, conducting document audits and data management, and implementing risk mitigation and KPI-driven performance monitoring.
- Strategic commercial and stakeholder leadership: applying commercial acumen to align contract strategy with business goals, managing stakeholders, driving strategy implementation, and fostering continuous improvement.
- You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.
We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company’s facilities. Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.
This is an office role.
About Philips
We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help improve the lives of others.
- Learn more about our business.
- Discover our rich and exciting history.
- Learn more about our purpose.
- Learn more about our culture.
The pay range for this position in Nashville, TN is $117,000 to $187,000
The pay range for this position in Cambridge, MA and Bothell, WA is $131,040.00 to $209,664.00
The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.
In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here.
At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case.
Additional Information
US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.
Company relocation benefits will not be provided for this position. For this position, you must reside in Nashville, TN or Cambridge, MA or Bothell, WA.
This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.
Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace.
Salary : $117,000 - $187,000