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Careers

Contracts Manager

Irvine, CA

Job Type

Full time

Workspace

Hybrid

About the Role

This position is responsible for the full contract lifecycle and ongoing management of HCP agreements, including partnering closely with the CEO and internal stakeholders to develop and manage the execution of a variety of HCP agreements while applying legal and contracting expertise.  These contracts include but are not limited to pricing agreements for Hospital, IDN’s, and Government, capital equipment agreements, service agreements, evaluation agreements, and rental agreements This position will support pricing initiatives and contract data integrity.

Responsibilities

  • Manage and oversee all aspects of contract matters, including the lifecycle of contracts, from contract request to execution.

  • Manage negotiations on Master Agreements and custom templates or those requiring extensive modifications and identify potential risks to the business

  • Prepare, review, and respond to new contract submissions and amendments to existing contracts with customers, which may include distributors, GPOs, and hospital organizations.

  • Develop and maintain contract templates, ensuring compliance with company policies and legal requirements.

  • Independently perform 1st pass redline responses to agreements utilizing common contracting methods and approved processes.

  • Ensure efficient fulfillment of contract requirements while aligning with company policies, legal standards, and customer specifications

  • Evaluate contractual terms, mitigate risks, and negotiate on behalf of the company. 

  • Serve as the primary point of contact for diagnosing and resolving escalations, ensuring swift and effective resolution

  • Track and drive contracts to resolution, including identifying remaining contracting issues, identifying appropriate stakeholders to reach decisions, and convening meetings to drive efficient decision-making.

  • Regularly audit and maintain comprehensive contract records to ensure compliance

  • Monitor contract performance, including tracking key milestones, deliverables, and payments.

  • Manager process improvement projects (templates, standard terms, system updates, etc.) to drive operational efficiencies and standardization throughout the organization

  • Maintain accurate and up-to-date contract records and documentation. 

  • Follow ethical standards in all activities. Ensure compliance with laws and company policies during contract negotiations and daily tasks.

  • Provide leadership and support to functional and cross-functional teams to ensure project timelines are met and work is performed to high-quality standards and in an efficient manner.

Experience Required

  • Bachelor's degree in Business Administration, Legal Studies, or relevant field

  • Experience in contract management, preferably in a similar industry or organization

  • 5 + years of experience in biotech/pharma drafting and negotiating a wide variety of contracts

  • Must have experience with the healthcare contracting landscape, including knowledge of Group Purchasing Organizations (GPOs), Integrated Delivery Networks (IDNs), or experience within the medical device industry

Experience Preferred

  • Juris Doctor or Paralegal certificate 

  • Experience working with contract management systems platforms. 

  • Knowledge and experience with healthcare compliance and ethics guidelines

Skills, Knowledge and/or Abilities

  • Thorough understanding of contract law, including formation, interpretation, and execution

  • Full knowledge of medical terminology and healthcare regulations (e.g. HIPAA and Sunshine Act)

  • Strong negotiation skills with a focus on achieving favorable terms while nurturing positive relationships and achieving win-win outcomes

  • Strong knowledge of contract law and legal principles

  • Evidence of strong strategic thinking, analytical, planning, and organizational skills.

  • Strong communication skills, both written and verbal, with the ability to effectively communicate complex information to stakeholders at all levels

  • Proficient in using contract management software or tools

For California, the base pay range for this position is $90,000 to $130,000 (highly experienced). The pay for the successful candidate will depend on various factors (e.g., qualifications, skills, education, prior experience).

About the Company

Induce Biologics USA Inc. was founded to develop the next evolution of bone regeneration products. Its founders and management team have previously developed and launched several very successful orthobiologics (bone and tissue repair) products, including several bone graft substitutes.

Induce Biologics is commercializing a family of bioimplants that includes Natural Matrix Protein (NMP™) which replicates the body’s native healing capabilities in order to create natural bone regeneration. The NMP™ proprietary process unlocks the growth factors naturally found in bone, making them bioavailable.

Induce Biologics USA Inc. is a small business in Irvine, CA. We are professional, agile and innovative.

Our work environment includes:
- Modern office setting
- Growth opportunities

Benefits

  • 401(k)

  • Dental insurance

  • Health insurance

  • Paid time off

  • Vision insurance

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