Contract Specialist II - Sourcing/Procurement

About the role

Our team members are at the heart of everything we do. At Cencora, we are united in our responsibility to create healthier futures, and every person here is essential to us being able to deliver on that purpose. If you want to make a difference at the center of health, come join our innovative company and help us improve the lives of people and animals everywhere. Apply today!

Job Details

The Contract Specialist II - Sourcing/Procurement is responsible for reviewing agreements, handling the administration and customer contact activities associated with contract execution, and processing in accordance with company policies, legal and compliance requirements, and customer specifications.

This role is responsible for the accuracy and consistency of contract content through coordination and validation with internal and external stakeholders. Additionally, this role is responsible for the tracking and reporting of contract status, and for maintaining and updating systems to ensure accuracy, integrity and timeliness of data. This role will also train stakeholders on contractual requirements.

Primary Duties and Responsibilities

• Reviews, prepares, and evaluates agreements prior to signature to ensure accuracy and interpret and influence performance requirements, livery obligations, timelines, costs, and payment schedules with the goal of minimizing Cencora's exposure to risk.
• Works closely with other members of the Legal Department, Finance and other subject matter experts to validate content and context of contract to resolve inconsistencies in a timely manner.
• Assesses and identifies the need for legal review and engages internal legal counsel, as needed; assists internal legal counsel, by setting and managing continuously changing priorities as well as customer expectations.
• Assists Senior Manager, Contract Management with complex contracting issues.
• Develops and conducts training in contract acumen and policies for new hires and stakeholders.
• Support inquiries from Cencora's business stakeholders regarding contracting and compliance policies, procedures, risks, and contract status.
• Responsible for Pramata legal repository reporting.
• Responsible for the development and maintenance of playbooks, clause library of commonly used contract language, special terms and conditions, and other client-specific requirements.
• Conducts daily maintenance and troubleshooting of files, logs, trackers, and documentation to maintain accuracy in tracking systems.
• Management of contractual documents across all business platforms with strong proficiency in reviewing contracts using Microsoft Word tracked changes and redlining, performing contract comparisons, managing file versions, and proofreading edits for accuracy and consistency.
• Leads weekly contracting status calls with business leaders, if applicable.
• Manages the contract administration email box.
• Helps to implement digitization of contracting into legal repository.
• Collaborates with legal repository vendor as it relates to new features, updates, roll outs, etc. and makes recommendations to Senior Manager, Contract Management.
• Performs related duties as assigned.
• Must be willing to do minimal travel, as required.

Experience and Educational Requirements

• Requires training and understanding in fields such as legal, business administration, and/or contract management.
• Completion of a four (4) year Bachelor's Degree Program or Paralegal Certification.
• Requires five (5) to seven (7) direct experience in contracting and/or law firm experience; working knowledge of reading, writing and understanding the effect of contractual/legal terms and conditions.
• Experience in procurement environment and/or sourcing indirect goods and services preferred.

Minimum Skill, Knowledge and Ability Requirements

• Ability to handle multiple projects and priorities simultaneously
• Ability to analyze, identify, and draft contractual language when sections are missing
• Impeccable proofreading skills - attention to detail
• Strong problem-solving ability
• Advanced analytical skills relative to contract information and related matters
• Strong communication skills, both orally and in writing
• Ability to evaluate risk, urgency and prioritize tasks
• Strong presentation skills
• Excellent interpersonal and organizational skills
• Working knowledge of computers and software programs necessary to operate effectively with company systems and programs, especially MS Word, MS Excel and SharePoint. Experience with iCertis and/or Pramata software also preferred.
• Ability to offer and implement ideas to improve efficiency and effectiveness of contracting team

What Cencora offers

We provide compensation, benefits, and resources that enable a highly inclusive culture and support our team members' ability to live with purpose every day. In addition to traditional offerings like medical, dental, and vision care, we also provide a comprehensive suite of benefits that focus on the physical, emotional, financial, and social aspects of wellness.

• This encompasses support for working families, which may include backup dependent care, adoption assistance, infertility coverage, family building support, behavioral health solutions, paid parental leave, and paid caregiver leave.
• To encourage your personal growth, we also offer a variety of training programs, professional development resources, and opportunities to participate in mentorship programs, employee resource groups, volunteer activities, and much more.
• Full time

Salary Range* $62,400 - 97,900

*This Salary Range reflects a National Average for this job. The actual range may vary based on your locale. Ranges in Colorado/California/Washington/New York/Hawaii/Vermont/Minnesota/Massachusetts/Illinois State-specific locations may be up to 10% lower than the minimum salary range, and 12% higher than the maximum salary range.