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Job Requirements of Contracts Specialist I:
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Employment Type:
Contractor
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Location:
Basking Ridge, NJ (Remote)
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Contracts Specialist I
Employment as a Contingent Worker aligns well with individuals seeking career flexibility and non-traditional work arrangements, while also being motivated to produce exceptional results in prominent roles. Magnit Direct Source is a service provided by Magnit Global that connects top-tier talent directly to an industry-leading company. Daiichi Sankyo, Inc. and Magnit Global, in collaboration, offer flexible contingent assignments across diverse projects creating opportunities for engaging work. As a Contingent Worker, you will not be employed Daiichi Sankyo, Inc. You will be employed by our Managed Service Provider, Magnit Global, which oversees the majority of our temporary contract recruitment.
Location: Preference will be given to local candidates who are able to report 1-2 times a week if needed but remote candidates will be considered as well.
This position is responsible for contract creation and review including: (A) overseeing the day-to-day operation of contract management procedure for the Commercial and Development divisions; (B) Providing employee training on the contract management policy and procedures (C) implements contract negotiations processes by preparing first drafts of a variety of contracts. Conducts moderately complex contract drafting and negotiations, working directly with attorneys on negotiation of legal language of contracts and vendor negotiation, (D) tracking all contract status in electronic contract lifecycle management system and creating contract reports for management, and (E) assisting in the implementation of enhancements to the contract management system.
Responsibilities
- Oversees and provides day-to-day operation of the contract management process for the Commercial and Development Divisions.
- Acts as a contact person for the process, intakes contract requests, creates database files of requests and maintains and updates database as necessary, prepares contracts, works directly with internal clients (varying levels) and external vendors.
- Works with company attorneys to review legal language for company agreements.
- As necessary, negotiates with opposing party with support from manager or attorneys to resolve contract language disputes.
- Provides support to update Contract Management policies and procedures and training materials.
- Responsible for updating and maintaining resource guidance and other helpful documentation to assist employees with the contract management process.
- Reviews key proposals for modification, training, concerns or issues with Manager, Contract Management.
- Provides continuous training on contract management process and technology to ensure compliance by all Commercial employees, including new hires.
- Assists in conducting of company-wide training and trains smaller groups of employees (administrative staff), and also provides one on one training.
- Assist in the implementation of system updates and maintenance of the electronic contract lifecycle management system.
- Will assist in any necessary training of internal staff as well as business units on the system.
- Responsible for updating certain elements of electronic contract lifecycle management system including, but not limited to contract templates, component libraries, and term libraries.
- Provides support for other projects within Legal and Corporate Affairs including coordinating and drafting agenda for Legal Affairs Meetings held periodically throughout the year.
- MS Office skills, contract management experience, Position requires strong organizational skills, a demonstrated ability to manage multiple tasks, and excellent client relation skills.
- Associate's Degree required, Bachelor's Degree preferred
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4 or More Years relevant corporate and/or pharmaceutical contracting experience required
Hourly Pay Rate Range (dependent on location, experience, expectation)
The pay range that Magnit reasonably expects to pay for this position is: $ 25-$32/hr
Benefits: Medical, Dental, Vision, 401K (provided minimum eligibility hours are met)
#REMOTE
QUALIFICATION/LICENSURE
Work Authorization : US Citizen
Preferred years of experience : 1 years
Travel required : No travel required
Shift timings :
