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Globus Medical
Audubon, PA | Full Time
$62k-81k (estimate)
2 Months Ago
Contract Administrator
Globus Medical Audubon, PA
$62k-81k (estimate)
Full Time | Medical Technology 2 Months Ago
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Globus Medical is Hiring a Contract Administrator Near Audubon, PA

About Us:

At Globus Medical, we move with a sense of urgency to deliver innovations that improve the quality of life of patients with musculoskeletal disorders. Our team is inspired by the needs of these patients, and the surgeons and healthcare providers who treat them. We embrace a culture of exceptional response by partnering with researchers and educators to transform clinical insights into tangible solutions. Our solutions improve the techniques and outcomes of surgery so patients can resume their lives as quickly as possible.

Position Summary:

The Contract Administrator will be responsible for all aspects of domestic and international assigned regional healthcare account contracts within the Contracts group. The position will support domestic and international assigned regional field sales and partner closely with internal departments, both domestically and internationally, to support the sales teams by providing accurate and timely contract assistance. The position handles the entire contract process from pre-contract through post-signature phases and collaborates with the sales team and internal departments to ensure staff is informed of new contracts and changes or updates to existing contracts.

Essential Functions:

  • Coordinates and prepares quality Purchase contracts and ensuring timely, accurate, and effective submissions of RFPs, RFIs, Tenders, and responses to all domestic and international assigned healthcare accounts
  • Serves as a liaison between internal and external parties during contract development, negotiation, and execution stages
  • Coordinates for field sales members on all aspects of healthcare account contracts to ensure all contracts are properly reviewed, redlined, or revised for compliance with business terms and channeled through the Globus contract approval procedure in a timely manner
  • Interacts with Pricing Administration Team to ensure contract terms conform to pricing arrangement and final approved pricing is included in the contract
  • Administers and analyzes purchase contracts within the contract management database; assuring accurate data entry of contract specifications and terms into the database and completeness of all contracting processes
  • Negotiates business terms and conditions within the scope of responsibility. Ensuring contract provisions are clear and conform to company policy. Facilitating the approval process of all contract documents from pre-contract through post-signature phases as necessary
  • Maintains processes that provide timely notification of critical contract events (e.g. renewals, termination, and due dates contained within the agreements)
  • Reviews and updates or extends existing contracts; prepares amendments
  • Acts as a liaison to Pricing Committee and in-house executive management on all assigned healthcare account contract issues and assigned external healthcare account customers
  • Follows all procedures outlined in Globus Medical’s Quality Policy and Employee Handbook to ensure conformity with all laws, regulations, and government agency guidelines
  • This role may be involved in government contracting
  • Adheres to the letter and spirit of the company Code of Conduct, the AdvaMed Code, MedTech Code, and all other company policies. Ensure Compliance with applicable governmental laws, rules, and regulations, both in the United States and internationally, by completing introductory and annual training and maintaining knowledge of compliance as it applies to your role
  • Represents the company in a professional manner and upholding the highest standards of ethical business practices and socially responsible conduct in all interactions with other employees, customers, suppliers, and other third parties of Globus

Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

Qualifications:

  • Bachelor’s Degree in business or related field is required; may consider an equivalent of relevant business experience and education
  • 2-3 years of experience in a contract administration, paralegal, or similar position preferred. Specific experience with medical devices is a plus
  • Redlining experience is required
  • Understanding of basic contract administration principles and concepts
  • Advanced WORD skills required
  • Excellent relationship management skills required
  • Excellent problem resolution skills, written and verbal communications skills, and consistently display a high level of professional conduct
  • Results-driven, able to self-direct and work independently while showing initiative
  • Able to multi-task, pay close attention to detail, and be flexible in a fast-paced and growing organization
  • Strong organizational and analytical thinking skills
  • Strong interpersonal skills, including optimism, diplomacy, and flexibility, and the ability to interface effectively with personnel at many different levels throughout the company and with our customers and other business partners

Our Values:

Our Life Moves Us philosophy is built on four values: Passionate About Innovation, Customer Focused, Teamwork, and Driven.

  • Passionate about Innovation: Improving patient care by delivering advanced technology to our customers is at the core of what we do. We are passionate in our role in improving the lives of patients by continuously developing better solutions
  • Customer Focused: We listen to our customers’ needs and respond with a sense of urgency
  • Teamwork: Working together, anything is possible. We value every person on our team and treat each other with respect. We are accountable to one another and support each other. Together, we make each other stronger
  • Driven: We pursue our mission with energy and passion. We are nimble, results-oriented and decisive. We overcome obstacles that arise in our quest to deliver solutions that will improve the lives of our customers and patients. 

Physical Demands:

The physical demands listed here are representative of those that must be met by and employee to successfully perform the essential functions of this job.

  • Required to sit; climb or balance; and stoop, kneel, crouch or crawl
  • Required to regularly lift and/or move up to 10 pounds, and occasionally lift and/or move up to 25 pounds

Required to possess specific visons abilities, including: close vision, distance vision, color vision, peripheral vision, depth perception and capacity to adjust focus.

Equal Employment Opportunity:

Globus Medical is an equal opportunity employer. All applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, age, disability, marital status, pregnancy, national origin or citizenship. We are committed to a diverse workforce. We value all employees’ talents and support an environment that is inclusive and respectful.

Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Medical Technology

SALARY

$62k-81k (estimate)

POST DATE

03/28/2023

EXPIRATION DATE

07/13/2024

WEBSITE

globusmedical.com

HEADQUARTERS

AUDUBON, PA

SIZE

1,000 - 3,000

FOUNDED

2003

TYPE

Public

CEO

DAVID M DEMSKI

REVENUE

$500M - $1B

INDUSTRY

Medical Technology

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Globus Medical manufactures and commercializes musculoskeletal implants for the treatment of spinal disorders.

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The job skills required for Contract Administrator include Contract Management, Pricing, Initiative, Attention to Detail, Negotiating, Verbal Communication, etc. Having related job skills and expertise will give you an advantage when applying to be a Contract Administrator. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Contract Administrator. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Contract Administrator positions, which can be used as a reference in future career path planning. As a Contract Administrator, it can be promoted into senior positions as a Contracts Administration Supervisor that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Contract Administrator. You can explore the career advancement for a Contract Administrator below and select your interested title to get hiring information.

If you are interested in becoming a Contract Administrator, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Contract Administrator for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Contract Administrator job description and responsibilities

Thus, this entails working to ensure that the terms and conditions contained within the contract are adhered to and that all of a party’s contractual obligations are met satisfactorily.

03/18/2022: Pocatello, ID

Contract administrators should seek to extract and store key dates centrally.

04/03/2022: Colorado Springs, CO

Administrators need to ensure they are able to collaborate with other teams while having a reliable approach to version control.

02/05/2022: Knoxville, TN

A contract manager may be employed to oversee the contract, and their role begins as soon as talk of a contract begins.

01/06/2022: Syracuse, NY

Remote contract administrators often research existing and modified regulations, construct pricing exhibits, and create special contracts for customers or vendors offered a bargain.

01/31/2022: Fresno, CA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Contract Administrator jobs

With contract repository software, fragmented approaches to administration can be eliminated and seamless data capture and storing can be achieved.

03/28/2022: Utica, NY

After the contract has been accepted and executed, there can be amendments and revisions needed as projects and tasks get underway.

04/02/2022: Bellingham, WA

Set and measure contract management KPIs.

01/13/2022: Parkersburg, WV

Conduct regular compliance reviews.

02/06/2022: Huntsville, AL

Conduct an audit of all things contract related. Develop a formal contract management framework.

03/16/2022: Shreveport, LA

Step 3: View the best colleges and universities for Contract Administrator.

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