Sourcing Contracts Manager

How will this role have an impact?

The Sourcing and Contracts Manager position will be working with a diverse group of stakeholders across the organization to ensure financial success of projects and initiatives for departments and/or categories supported. The Sourcing and Contracts Manager will work closely with key Product, Operations and IT teams meeting their fast-paced needs in relation to strategic sourcing strategies and key strategic supplier agreements.

This position is an individual contributor and will be a critical role within the Finance team reporting to the VP of Strategic Sourcing.

What will you do?

• Develop, own and execute category sourcing strategies inclusive of market and trend analysis, supplier selection, contract negotiation and supplier relationship management.
• Cultivate strong collaborative relationships with stakeholders
• Analyze spend data, internal requirements and external markets to develop short- and long-term strategies that align with company objectives
• Serve as a sourcing subject matter expert; prepare sourcing documents, contracts and SOWs
• Negotiate contracts and agreements.
• Interact with, and lead cross-functional teams
• Establish strategic relationships with key suppliers
• Challenge operational procedures. Through financial analysis and Total Cost of Ownership modeling process, research and/or identify ways to improve the pricing, quality, service and technology. Using collaborative creativity, bring new ideas to the table and challenge the current operational routines to identify opportunities to build positive impact changes within the organization.
• Drive cost reduction initiatives through best in class processes and negotiation techniques
• Foster a culture of continuous improvement
• Prepare monthly and quarterly project reviews and pipeline presentations
• Develop negotiating strategy with input from internal customers, acts as key commercial expert during negotiations, acts as primary contact for target suppliers.
• Negotiate legal and commercial terms to achieve optimal business results. Identify key contract risks and the associated mitigation strategies
• Increase the overall value to the company. Through the use of financial analysis and TCO modeling, negotiate hard savings and/or benefits to lower the overall operational cost to the organization.
• Take the lead in the implementation process. Follow the negotiations process through from "cradle to grave" including implementation to ensure that completed negotiations are fully utilized within the company and that maximum savings and benefits are realized.
• Develop the negotiations plan. Work closely with key stakeholders and leadership teams to develop and refine the negotiations strategy and plans.
• Research and understand macroeconomic indicators to determine the prevailing market conditions and evaluate potential savings and benefits that should be realized.
• Professionally communicate and interact with all levels of management both inside and outside of Procurement.
• Perform other job responsibilities as assigned by management

We are looking for someone with:

• Bachelor's degree in Business, Finance, Procurement, Supply Chain, Accounting, Management or related field
• 2-5 years of relevant healthcare category management, sourcing or consulting experience.
• Self-motivated, proactive, detail oriented and able to manage multiple tasks while still meeting deadlines.
• Upbeat attitude that embraces process improvement and change management activities
• Authorization to work in the United States
• High level of proficiency in Microsoft Office Suite
• High level of curiosity

About Us:

Signify Health is helping build the healthcare system we all want to experience by transforming the home into the healthcare hub. We coordinate care holistically across individuals' clinical, social, and behavioral needs so they can enjoy more healthy days at home. By building strong connections to primary care providers and community resources, we're able to close critical care and social gaps, as well as manage risk for individuals who need help the most. This leads to better outcomes and a better experience for everyone involved.

Our high-performance networks are powered by more than 9,000 mobile doctors and nurses covering every county in the U.S., 3,500 healthcare providers and facilities in value-based arrangements, and hundreds of community-based organizations. Signify's intelligent technology and decision-support services enable these resources to radically simplify care coordination for more than 1.5 million individuals each year while helping payers and providers more effectively implement value-based care programs.

To learn more about how we're driving outcomes and making healthcare work better, please visit us at www.signifyhealth.com.

Diversity and Inclusion are core values at Signify Health, and fostering a workplace culture reflective of that is critical to our continued success as an organization.

We are committed to equal employment opportunities for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.