Arthrex is a global medical device company and leader in orthopedics medical education. With a corporate mission of Helping Surgeons Treat Their Patients Better™, Arthrex has pioneered the field of arthroscopy and develops more than 1,000 innovative products and procedures each year that support all aspects of orthopedics. Arthrex is actively searching for a VMO Contracts Supervisor. The successful candidate will work alongside a department of expert orthopedic healthcare professionals, world class faculty, and product management.

Main Objective:

To oversee and manage the entire lifecycle of contracts, ensuring compliance with legal and regulatory requirements, while optimizing contract performance and mitigating risks. The Contracts Supervisor will lead a team to negotiate, draft, review, and administer contracts, fostering strong relationships with stakeholders and ensuring that all contractual obligations are met efficiently and effectively.

Essential Duties and Responsibilities:

• Manage the contract lifecycle from initiation to closure, ensuring all terms and conditions are fulfilled, and renewals and terminations are handled promptly.
• Establish standard operating procedures (SOPs) to ensure contract negotiations with vendors and other stakeholders to secure favorable terms.
• Establish standards for contract draft, review, and revision of contracts to ensure accuracy and completeness.
• Identify and mitigate risks associated with contracts, ensuring all contractual obligations are met.
• Ensure compliance of contracts with company policies, industry standards, and relevant laws and regulations.
• Supervise and mentor VMO Contracts and/or VMO Specialist staff, providing guidance to support their continuous development.
• Monitor contract performance, implement improvements, and maintain and drive KPIs supporting efficiency and effectiveness.

Professional Services:

• Oversees and participates in negotiating and managing professional technical consulting agreements. 
• Oversees the team to work extensively with internal customers, external vendors, and legal to ensure effective contract administration and that an accurate, detailed SOW is included in contracts.
• Contracts can range from commodity products and services to highly complex outsourcing relationships with multiple vendors, contracts, and contract schedules.
• Oversees the creation and maintenance of professional service contracts in Apttus to track key engagement milestones (expirations, renewals). 
• Facilitates scorecard reviews and performance improvement plans for professional service vendors

Technology Agreements:

• Negotiates and manages contract life cycles, with an emphasis on technology agreements. 
• Works extensively with internal customers, external vendors, and legal to ensure effective contract administration. These could include IT management, application managers, project managers, and strategy and planning organizations. Contracts range from End-User License Agreements to Software as a Service. 
• Oversees the maintenance of technology agreements to track renewals. 
• Provides oversight to vendor-directed software audits where required, and direct true-up/reconciliation schedules in concert with the renewals team.

Education and Experience:

• Bachelor’s degree in business administration or a related field required
• 8+ years relevant experience in contract management required
• Certified Commercial (CCCM) and/or Professional Contracts Manager (CPCM) a plus
• Software contract experience preferred
• Proven experience in contract negotiations required

Knowledge and Skill Requirements/Specialized Courses and/or Training:

• Ability to leverage experience to provide training for assigned learners
• Proficient in drafting Service Level Agreements (SLAs)
• Familiarity with data protection regulations such as GDPR
• High level of accuracy in reviewing and drafting contracts to ensure all terms are clear and compliant
• Advanced knowledge and application of contracting principles
• Ability to report on contract performance indicators
• Mentor junior VMO team members and business partners through the contract lifecycle
• Strong negotiation skills to secure favorable terms
• Ability to build and maintain strong relationships with internal and external stakeholders
• Ability to analyze key external trends used to support sourcing initiatives
• Exceptional analytical, collaboration, communication, organizational, project management, and strategic thinking skills
• Strong organizational and time management skills, with the ability to manage multiple priorities and deadlines
• Excellent verbal and written communication skills to effectively convey contract terms and address any issues with stakeholders

Machine, Tools, and/or Equipment Skills:

Virtual machines and laptops. Microsoft environment. Work with standard current computer applications, including but not limited to collaboration tools, email, word processing, spreadsheets, and databases.

Arthrex Benefits

• Medical, Dental and Vision Insurance
• Company-Provided Life Insurance
• Voluntary Life Insurance
• Flexible Spending Account (FSA)
• Supplemental Insurance Plans (Accident, Cancer, Hospital, Critical Illness)
• Matching 401(k) Retirement Plan
• Annual Bonus
• Wellness Incentive Program
• Gym Reimbursement Program
• Tuition Reimbursement Program
• Trip of a Lifetime
• Paid Parental Leave
• Paid Time Off
• Volunteer PTO
• Employee Assistance Provider (EAP)

All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other status protected by law.