Enterprise Strategic Contract Leader

Koninklijke Philips N.V.

Job Overview

Location

Indiana, USA

Job Type

Full-time

Full Job Description

📋 Description

• As an Enterprise Strategic Contract Leader at Koninklijke Philips N.V., you will play a pivotal role in optimizing and strengthening our contracting processes with key partners, specifically focusing on Group Purchasing Organizations (GPOs) and strategic health systems.
• Your primary responsibility will be to enhance the effectiveness of these critical customer relationships through meticulous contract review, expert drafting, and skillful negotiation of complex agreements.
• You will be instrumental in developing and implementing forward-thinking contracting strategies that align with Philips' business objectives and market positioning.
• This role demands a proactive approach to identifying opportunities for improvement within our existing contracting policies, procedures, and template frameworks.
• You will lead initiatives to refine these foundational elements, ensuring they are robust, compliant, and efficient for widespread adoption.
• A significant aspect of your role will involve providing expert advice and comprehensive training to a diverse range of cross-functional teams, including legal, finance, business units, and sales, on best practices in contracting strategy and execution.
• You will collaborate closely with these internal stakeholders to ensure a unified and strategic approach to all contractual engagements.
• Your ability to work independently with minimal supervision and effectively engage with senior and executive leadership will be crucial for success.
• You will be expected to manage a portfolio of high-value contracts, ensuring that all terms and conditions are favorable and strategically aligned with Philips' long-term goals.
• This involves a deep understanding of the healthcare industry, particularly the dynamics of GPOs and large health systems, and how contractual frameworks can be leveraged for mutual benefit.
• You will contribute to the continuous improvement of contracting processes, identifying bottlenecks, and implementing solutions to streamline workflows and reduce turnaround times.
• The role requires a keen eye for detail in reviewing contract language, identifying potential risks, and proposing mitigation strategies.
• You will be a key advisor in shaping the commercial terms of agreements, ensuring they reflect market standards while protecting Philips' interests.
• Developing and maintaining strong relationships with internal legal counsel, finance departments, and business unit leaders will be essential for successful contract lifecycle management.
• You will be responsible for ensuring that all contracts adhere to relevant regulations and compliance standards.
• The ability to translate complex legal and commercial terms into clear, actionable guidance for non-legal stakeholders is a vital component of this position.
• You will actively participate in strategic planning sessions, contributing insights on how contracting can support broader business development initiatives.
• This role offers a unique opportunity to influence the commercial landscape of healthcare contracting and make a tangible impact on Philips' market presence and financial performance.
• You will be at the forefront of shaping how Philips engages with its most important strategic partners, ensuring mutually beneficial and sustainable relationships.
• The position requires a blend of legal acumen, commercial savvy, and strategic thinking to navigate the complexities of enterprise-level contracts.
• You will be empowered to drive change and implement best practices in contract management and negotiation.
• Your contributions will directly impact the company's ability to secure and maintain vital partnerships within the healthcare ecosystem.
• This is a remote-based role, offering flexibility while demanding a high degree of self-discipline and proactive engagement.
• You will be expected to manage your time effectively and maintain strong communication channels with your team and stakeholders across different locations.
• The role is designed for an individual who thrives in a dynamic environment, can adapt to evolving business needs, and is passionate about achieving excellence in contract leadership.
• You will be a key player in ensuring that Philips remains a preferred partner for GPOs and strategic health systems through superior contracting practices.
• Your expertise will help mitigate risks and unlock new opportunities within these critical customer segments.
• This position offers a significant opportunity for professional growth and development within a leading global health technology company.
• You will be part of a team dedicated to improving healthcare outcomes through innovative solutions and strategic partnerships.
• The ability to think critically, solve complex problems, and drive consensus among diverse stakeholders is paramount.
• You will be a trusted advisor, influencing decisions at various levels of the organization regarding contractual matters.
• Your work will directly contribute to the company's mission of improving lives through accessible and quality healthcare.
• This role is ideal for a seasoned professional seeking to leverage their extensive contract negotiation and strategy experience in a impactful, remote-based capacity.
• You will be empowered to shape the future of contracting at Philips, driving efficiency and strategic advantage.
• The role requires a deep understanding of commercial agreements and the ability to articulate complex concepts clearly and concisely.
• You will be a champion for best practices in contract management, fostering a culture of excellence within the organization.
• Your strategic insights will be invaluable in navigating the competitive landscape of the healthcare industry.
• This is an opportunity to do the work of your life and contribute to a healthier world.

🎯 Requirements

• Juris Doctor (JD) degree.
• 5+ years of experience in drafting and negotiating contracts, preferably with Group Purchasing Organizations (GPOs).
• Strong business and commercial acumen, with a proven ability to manage the contract lifecycle and understand contracting processes and strategy.
• Demonstrated ability to seek out and drive improvement and change with limited instruction, operate effectively with limited oversight, and work collaboratively to creatively solve problems.
• Ability to balance competing priorities in a fast-paced environment and remain calm under pressure.

🏖️ Benefits

• Competitive salary within a defined pay range ($117,000 - $208,000 depending on location).
• Annual incentive bonus and potential for sales commission or long-term incentives.
• Comprehensive Philips Total Rewards benefits program.
• Generous Paid Time Off (PTO).
• 401k with up to a 7% company match.
• Health Savings Account (HSA) with company contribution.
• Stock purchase plan.
• Education reimbursement.
• Remote-based work flexibility within the contiguous United States.

Skills & Technologies

Senior

Remote

Ready to Apply?

Apply Externally

You will be redirected to an external site to apply.

Koninklijke Philips N.V.

Visit Website

About Koninklijke Philips N.V.

Royal Philips is a diversified Dutch multinational founded in 1891. It focuses on health technology, providing diagnostic imaging systems, patient monitoring, image-guided therapy devices, and consumer health products. It spun off its lighting division in 2016 and now operates in 100 countries, selling medical equipment, software, and services to hospitals and consumers.

View Company Profile