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Sourcing Contract Specialist
Albany, NY
Job Description
Grounded by a compelling mission, core values, and compassion for people, CDPHP and its family of companies offer a strong foundation for a rewarding career. Established in 1984, CDPHP is a physician-founded, member-focused, and community-based not-for-profit health plan that offers high-quality affordable health insurance to members throughout New York. The company values people, quality, innovation, and community, and its corporate culture supports those values wholeheartedly. CDPHP is committed to fostering a culture of belonging and takes a wholistic approach to diversity, equity, and inclusion. At CDPHP, the employees have a voice and are encouraged to make an impact at both the company and community levels through engagement and volunteer opportunities. CDPHP invests in employees who share these values and invites you to be a part of that experience.
The Sourcing Contract Specialist will provide the CDPHP team with Strategic Sourcing support by performing all aspects of procurement. They will establish a working knowledge of the company, including business initiatives, spending, trends, and risk awareness. The Contract Specialist will serve as a trusted advisor, working with stakeholders to manage expenses, develop strategic negotiation plans, comply with regulatory entities, and mitigate risk for all projects. They will manage the lifecycle for low, medium and high risk contracts, educating business owners regarding best practices and ensuring compliance with the Sourcing Process. The Contract Specialist will also support the Sourcing Manager and Sourcing Director in establishing, reviewing, and implementing sourcing guidelines and policies.
QUALIFICATIONS:
The Sourcing Contract Specialist will provide the CDPHP team with Strategic Sourcing support by performing all aspects of procurement. They will establish a working knowledge of the company, including business initiatives, spending, trends, and risk awareness. The Contract Specialist will serve as a trusted advisor, working with stakeholders to manage expenses, develop strategic negotiation plans, comply with regulatory entities, and mitigate risk for all projects. They will manage the lifecycle for low, medium and high risk contracts, educating business owners regarding best practices and ensuring compliance with the Sourcing Process. The Contract Specialist will also support the Sourcing Manager and Sourcing Director in establishing, reviewing, and implementing sourcing guidelines and policies.
QUALIFICATIONS:
- Minimum three (3) years of experience in contract negotiation and vendor/contract administration required.
- Bachelor's degree or four (4) years of equivalent experience required.
- Experience leading sourcing projects required.
- Experience with risk mitigation and relationship management required.
- Experience in developing reporting tools, such as sourcing dashboards and corresponding reports required.
- Experience working with business expense controls required.
- Experience with database management and ERP systems preferred; Software as a Services (SaaS) preferred.
- Experience with Microsoft Office, including Word, Excel, Outlook, and PowerPoint is required.
- Excellent analytical skills.
- Demonstrated ability to pro-actively identify problems, as well as recommend and/or implement effective solutions.
- Demonstrated ability to manage conflict and suggest/drive toward resolutions.
- Demonstrated ability to provide excellent customer service and develop relationships both internally and externally.
- Demonstrated ability to work collaboratively with multiple partners at varying levels to positively affect outcomes at the team, department, and organization level.
- Demonstrated ability to manage and shift priorities to meet day-to-day operational needs.
- Must be detail-oriented with strong organizational skills, including the ability to coordinate workflow.
- Demonstrated ability to work with and maintain confidential information.
- Excellent verbal and written communication skills, including public speaking/presentation.
- Flexibility to adapt to a changing and fast-paced environment.
CDPHP salary ranges are designed to be competitive with room for professional and financial growth. Individual compensation is based on several factors unique to each candidate, such as work experience, qualifications, and skills. In addition to cash compensation, CDPHP employees may be eligible for an incentive payment, a discretionary cash reward based on employee and company performance. Some roles may also be eligible for overtime pay.
CDPHP compensation packages go far beyond just salary. The company offers a comprehensive total rewards package that includes award-winning health care coverage, health care dollars, a generous paid time off allowance, employee assistance programs, flexible work environment, and much more. Learn about all CDPHP employee benefits at https://www.cdphp.com/about-us/jobs/benefits.
As an Equal Opportunity / Affirmative Action Employer, CDPHP will not discriminate in its employment practices on the basis of race, color, creed, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, transgender status, age, national origin, marital status, citizenship, disability, criminal record, genetic information, predisposition or carrier status, status with respect to receiving public assistance, domestic violence victim status, protected veterans status, or any other characteristics protected under applicable law. To that end, all qualified applicants will receive consideration for employment without regard to any such protected status.
CDPHP and its family of companies include subsidiaries Strategic Solutions Management Consultants (SSMC), Practice Support Services (PSS), and ConnectRx Services, LLC.
As an Equal Opportunity / Affirmative Action Employer, CDPHP will not discriminate in its employment practices due to an applicant’s race, color, creed, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, transgender status, age, national origin, marital status, citizenship, physical and mental disability, criminal record, genetic information, predisposition or carrier status, status with respect to receiving public assistance, domestic violence victim status, a disabled, special, recently separated, active duty wartime, campaign badge, Armed Forces service medal veteran, or any other characteristics protected under applicable law.
Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Salary and Benefits
75000.00 To 95000.00 (USD) Annually
Required Education
Bachelor's Degree
Required Experience
3 years
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