Senior Contract Manager.
MedtronicAbout the role
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
Medtronic is seeking a Senior Contract Manager to join our dynamic team. This role is pivotal in leading a diverse team, ensuring effective contract management, and driving operational efficiency. The position will be based in Minneapolis but will cover all of the US, with minimal travel requirements.Key Responsibilities:
- Leadership: Attract, develop, and retain talent within the team. Provide performance evaluations and foster a diverse and inclusive workplace.
- Contract Management: Oversee contract acquisition and fulfillment, ensuring compliance with company policies and effective execution of pricing strategies.
- Process Improvement: Identify inefficiencies in workflows and collaborate with teams to implement process improvements.
- Business Partnership: Work closely with various internal stakeholders to implement pricing strategies and improve processes.
- Team Management: Manage a team of contract analysts, ensuring alignment with business goals and objectives.
Experience:
- Previous experience in the industry is highly preferred but not mandatory.
- Strong analytical skills, particularly in finance or pricing, are highly valued.
- Excellent communication skills, comfort with phone and email interactions, and customer-facing abilities.
- A strong desire to learn about our products and the ability to influence and negotiate effectively.
Minimum Requirements:
- Bachelor's degree with at least 7 years of relevant experience or an advanced degree with 5 years of experience, including 5 years in a managerial role.
This is an office-based position that will support our all-US Territory. This role is expected to be in the office 4 days per week from our Minneapolis offices.
PEOPLE MANAGEMENT FUNCTIONAL CAREER STREAM: Management and supervisory professionals with one or more employees who are focused on tactical, operational and some strategic activities within a specified area. Levels within the management career stream typically have six or more direct reports. The majority of time is spent overseeing their area of responsibility, managing performance, developing talent, engagement and inclusion, communicating business and operational developments, planning, prioritizing and / or directing the responsibilities of direct reports. Goal achievement is typically accomplished through performance of direct and / or indirect reports. A key responsibility of roles in this career stream is managing people. which includes: accountability for mentoring, developing and coaching staff on meeting/exceeding performance expectations and defined objectives, providing leadership to staff ensuring the prioritization of strategic and department level initiatives to include defining performance goals and targets, conducting performance reviews, and staff 1:1s to guide performance management and employee development efforts and manage toward departmental goals.
DIFFERENTIATING FACTORS
Autonomy: Manages large team which would typically consist of both experienced professionals and managers.
Turns the department strategy into a commercial reality by developing, communicating and implementing business plans to achieve business results .
Receives assignments in objective oriented terms; has latitude to reinterpret objectives.
Organizational Impact: Initiates programs or projects based on identified business and / or tactical needs.
Decisions impact projects or operations, affect the deadlines, resources, and funds, and the achievement of organizational objectives.
Typically has budget or P&L accountability for a department, function or geography.
Innovation and Complexity: Develops new objectives, new operating policies, products, processes and standards in support of the job function strategy.
Problems and issues faced are complex, difficult and undefined, and require detailed information gathering, analysis and investigation to understand the problem.
Communication and Influence: Communicates with internal and external customers and vendors concerning ongoing operations, programs or processes.
Influences across functions and businesses while balancing divergent objectives to gain cooperation of other parties .
May interact on issues that have externally divergent objectives.
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