At a Glance
- Tasks: Manage contracts from award to expiration, ensuring compliance and collaboration with stakeholders.
- Company: Join Medtronic, a leading medical technology company dedicated to improving global healthcare.
- Benefits: Enjoy a competitive salary, flexible benefits, and a hybrid work model.
- Other info: Work in a dynamic environment with opportunities for personal and professional growth.
- Why this job: Be part of a mission-driven team that innovates to alleviate pain and restore health worldwide.
- Qualifications: Bachelor's degree or equivalent experience; strong collaboration and multitasking skills required.
The predicted salary is between 28800 - 43200 £ per year.
As our Contract Management Specialist, you will be responsible for managing all contracts and agreements from tender award until contract expiration. You will ensure contracts are reviewed and interpreted to align with internal processes and commitment. This includes reviewing terms and conditions, negotiating terms that can impose a risk to Medtronic and managing changes or amendments upon conclusion. You will also be the go‑to person for contractual queries, and it is expected that you partner with your stakeholders and understand initiatives they are currently working on that could impact on existing contracts. This role is offered on our hybrid base model which means you will be required to attend Medtronic office in Watford 2 days a week.
Responsibilities
- Process, load and manage all contract extensions
- Collaborate with procurement and stakeholders to review and implement call‑offs and member agreements
- Be responsible for contract implementation ensuring compliance with the terms and conditions
- Proactively utilise available tools, systems, and resources to gather and provide comprehensive information when addressing requests. Ensure all relevant details are compiled and communicated before escalating or transferring tasks to other team members
- Serve as the Subject Matter Expert (SME) for enterprise accounts, providing expert guidance and support on all contractual matters
- Be the Gatekeeper and SME for Salesforce Contract Repository ensuring compliance and adherence
Qualifications
- Bachelor degree or equivalent in experience
- Self‑motivated and able to work with a minimum of supervision
- Ability to understand process flows, implement these and provide recommendations for improvement
- Be good at prioritising, a proactive person who can switch between different tasks, and handle multiple tasks in parallel
- Excellent collaboration skills to gather necessary information and build trust
- Demonstrable team player, outgoing with a \"can do\" attitude
- Customer relationship / Key Account management experience
- Able to work under pressure to meet tight deadlines.
Company Overview
At Medtronic you can begin a life‑long career of exploration and innovation, while helping champion healthcare access and equity for all. You\'ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world. Medtronic is among the largest medical technology companies in the world. Through innovation and collaboration, Medtronic helps to alleviate pain, restore health and extend life. Last year, our medical therapies for the treatment of over 40 major conditions improved the lives of more than 75 million people around the world. We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission - to alleviate pain, restore health, and extend life - unites a global team of 95,000+ passionate people. We are engineers at heart - putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves, and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary. Learn more about our business, mission, and our commitment to diversity here.
Medtronic offers a competitive salary and flexible benefits package. A commitment to our employees\' lives is at the core of our values. We recognize their contributions and share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
Contract Management Specialist in Watford employer: Medtronic
At Medtronic, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Our hybrid model allows for flexibility while working in our Watford office, where you will be part of a passionate team dedicated to improving healthcare access and equity. With a commitment to employee growth and a comprehensive benefits package, Medtronic is the ideal place for those seeking a meaningful career in medical technology.
StudySmarter Expert Advice🤫
We think this is how you could land Contract Management Specialist in Watford
✨Tip Number 1
Familiarise yourself with Medtronic's mission and values. Understanding their commitment to healthcare access and innovation will help you align your responses during interviews, showcasing how your personal values resonate with theirs.
✨Tip Number 2
Brush up on your contract management skills, particularly in the medical technology sector. Being able to discuss specific examples of how you've successfully managed contracts or navigated complex negotiations will set you apart from other candidates.
✨Tip Number 3
Network with current or former employees of Medtronic. Engaging with them can provide insights into the company culture and expectations for the Contract Management Specialist role, which can be invaluable during your interview.
✨Tip Number 4
Prepare to demonstrate your collaboration skills. Since the role involves working closely with procurement and stakeholders, think of examples where you've successfully collaborated across teams to achieve a common goal.
We think you need these skills to ace Contract Management Specialist in Watford
Some tips for your application 🫡
Understand the Role:Before applying, make sure you fully understand the responsibilities of a Contract Management Specialist at Medtronic. Tailor your application to highlight relevant experiences and skills that align with the job description.
Craft a Strong CV:Your CV should clearly outline your educational background, relevant work experience, and specific skills related to contract management. Use bullet points for clarity and ensure it is well-structured and easy to read.
Write a Compelling Cover Letter:In your cover letter, express your passion for healthcare technology and how your skills can contribute to Medtronic's mission. Be sure to mention any experience you have with contract negotiation and stakeholder collaboration.
Proofread Your Application:Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a role in contract management.
How to prepare for a job interview at Medtronic
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Contract Management Specialist. Familiarise yourself with contract terms, negotiation strategies, and compliance requirements, as these will likely be key discussion points during your interview.
✨Showcase Your Collaboration Skills
Since this role involves working closely with procurement and various stakeholders, be prepared to discuss examples of how you've successfully collaborated in the past. Highlight your ability to build trust and gather necessary information from different teams.
✨Demonstrate Problem-Solving Abilities
Be ready to share instances where you've identified process improvements or resolved contractual issues. This will showcase your proactive nature and ability to handle multiple tasks under pressure, which is crucial for this position.
✨Prepare Questions
Have thoughtful questions ready to ask your interviewers about Medtronic's approach to contract management and their expectations for the role. This shows your genuine interest in the company and helps you assess if it's the right fit for you.
