Contract Execution Analyst
Company: millenniumsoft
Location: Franklin Lakes
Posted on: April 1, 2026
|
|
|
Job Description:
Position : Contract Execution Analyst Location : Franklin Lakes,
NJ Duration : 12 Months Contract Total Hours/week : 40.00 1st shift
Description: Reporting to the Manager, Contract Execution, this
position is responsible for maintaining accurate contract pricing
and membership (Locals on GPO agreements) as defined by the terms
and conditions of our GPO (National & Regional), Local, and Direct
agreements of client Commercial Consumable Sales Contracts for all
US business segments and Capital products Local and Direct
Agreements (currently excluding Biosciences, Diabetes Care and
Pharmaceutical Systems). This information is provided to customers,
distributors, and to both internal and external client Sales and in
response to direct and indirect inquiries. Engaging and
collaborating with our Distributor Partners, GPO’s, BD/CFN Business
Unit Sales, Contract Offer Development pillar, and Commercial
Customers (Healthcare Delivery and Channel Partners), this position
will support best in class, innovative, enterprise operational
capabilities and policy, process and governance to ensure the
effective implementation of complex, critical contracting
activities which manage business opportunities appropriately.
Candidates must have strong communication, technical, and
organizational skills and be accountable for achieving key metrics.
Scope includes operationalizing all commercial sales contracts
including National and Regional GPO contracts (consumables and
capital), other Nationals (Reference Lab, CRO and Non-Acute),
Regional Network (e.g., IDN) and other Regional/Local contracts,
and Distribution Agreements (Principle and Self-Distributing).
Excludes DS and MMS customized capital contracts and DS consumable
contracts structured as financing for capital equipment There are
no direct reports, but significant matrix managing required across
contracting operations. Essential Responsibilities: Prepare Dealer
Notifications and notify servicing distributors of all contract
pricing and membership information including new contracts,
renewals, addendums, extensions, and expirations as defined by
contract policy. Proactively operationalizing the contract renewal
process, utilizing contract reports to help drive discussion with
sales managers and/or business units around approaching contracting
expirations Load and process new business/renewal contracts and
addendums efficiently and accurately in order to meet customer
expectations. Ensure that proper guidelines are enforced, and
approvals are received, as defined by the Business units. Maintain
contract pricing, making changes or additions to pricing based on
the request of the Business Units and/or Sales Managers to maintain
market competitiveness. Perform price comparisons, identifying any
gaps, and communicating to requestor before executing in SAP. Serve
as functional investigator for submitted Service Complaints related
to direct contract pricing. Collaborate with responsible contract
administators and/or membership team to resolve complaints and
document into the complaints database. Significant collaboration
with our Distributor and GPO partners to drive change around our
contracting processes in order to facilitate effective policies and
procedures that will deliver sustainable results Assist leadership
with creating and implementing governance processes to ensure
standardization and efficient contracting policies, procedures, and
processes to harmonize all aspects of contract execution and
operations with the appropriate flexibility to meet customer/market
needs and dynamics across all business offerings Resolve chargeback
errors for contract specific error types, including membership
error types for local contracts, in accordance with OLA’s and SLA’s
utilizing advanced technical skills to assist in analyzing
outstanding chargeback disputes. Support and propose continuous
process/system improvement initiatives across the Commercial
Contract Operations teams while playing an active role on
workstream teams and projects Be accountable for key metrics; KPI’s
(key performance indicators), SLA’s (service level agreements), and
IIG’s in order to meet the strategic goals of the organization
Identify and understand key areas of change management with the
ability to recognize and communicate the impact of change to
Contract Operations Ability to resolve any customer pricing related
issues and perform sales analysis when necessary (BI sales
reporting, price calculations, flat credit process, etc.)
Collaborate with Contract Offer Development team and sales
managers, ensuring proper documents/signatures are in place before
contracts are executed in SAP. Ongoing collaboration with
membership team, ensuring GPO customers are properly attached to
qualified pricing tiers. Coordinate dispute information with
Chargeback Analyst and Distributor partners as needed to resolve
contract error discrepancies. Manage follow up communications with
distributors to ensure errors are resolved on the front end. Manage
and resolve all distributor and sales rep adhoc inquiries
(phone/e-mail) in a timely manner Responsible for maintaining all
Contract Membership related training material and updating desktop
procedures to support management Document any identified gaps in
contracting procedures and work with the commercial contracting
team leaders and managers to find resolution
Keywords: millenniumsoft, White Plains , Contract Execution Analyst, Sales , Franklin Lakes, New York