Vertex Pharmaceuticals is looking for a Contract Specialist to join our Sourcing and Contracts group in Boston. The Contract Specialist will be responsible for the completion of agreements relating to the support of outsourced services for general and administrative (G&A) services, including but not limited to confidential disclosure, consulting, outsourced services, master services, service statements (SOWs), licenses, amendments and other external activities associated with Vertex's corporate needs.
The successful candidate will manage the generation of agreements using legal templates; negotiate terms and conditions with third party providers; coordinate the final execution of the agreements and associated procurement for IT, facilities, HR and other professional services; as well as produce progress reports as required.
The Contract Specialist will also help manage certain collaborations and strategic vendor relationships to drive continuous improvement, resolve complex issues, and coordinate new opportunities of mutual benefit to all parties. This may involve identifying and executing upon cost and Strategic Sourcing saving initiatives.
The successful candidate will also contribute to efforts to streamline and optimize the process for more effective and efficient outsourcing and contracting.
Day to day duties include:
Drafting and negotiation of various corporate agreements using legal templates
Manage vendor relationships and negotiations
Supports cross-functional relationships with Global Information Services, Human Resources, Quality, Corporate
Communications, Facilities and Operations, Legal, Corporate Compliance (OBIE), Finance and Strategic Sourcing groups
Schedule and lead meetings and contract negotiations with business representatives, draft meeting minutes when appropriate
Keep track of terms and key issues relating to ongoing agreements
Enter agreements and associated data into a database and financial management systems
Keep updated files and prepare reports as required
Supplier management and negotiations related to cost, terms, etc.
Performs follow-up activities for accounts payable/procurement issues as necessary for relevant functional groups
Bachelor s Degree required
Strong negotiation and organizational skills and attention to detail
Excellent verbal and written communication skills
Proficient with standard office software applications (MS Excel/Word/PowerPoint)
Ability to work well independently and with others
Effective cross-disciplinary communication skills and an eagerness to creatively engage the Vertex legal team and business leaders to fully understand complex issues and craft innovative solutions
The intellectual curiosity, critical thinking, systems experience and drive to offer comprehensive solutions to the team, consisting of Finance, Legal representatives, etc., to ensure the successful, standardized organization of G&A agreements
Demonstrated ability to work successfully in a fast-paced environment
Contracts management experience and experience with outsourcing and competitive bids highly desirable
Experience in pharmaceutical/biotech companies is preferred
Experience with SharePoint and iManage or other similar tools desirable
Experience working with external groups towards a goal where timelines are met or exceeded
Proven track record of building relationships with cross-functional stakeholders; internal and external