Contract Administrator

Terumo Medical Corporation; New Jersey; On-site; USD 51,160 - 68,000; Full time

Job summary

A global medical device company located in New Jersey is looking for a Contract Administrator to manage administrative processing for Group Purchasing Organizations and other corporate accounts. Responsibilities include tracking fee payments, maintaining membership lists, and investigating pricing discrepancies. Ideal candidates should have an associate’s degree and at least three years of contract administration experience, preferably with ERP systems like JD Edwards. This role requires strong communication skills, attention to detail, and a commitment to compliance and quality.

Qualifications

• Minimum of 3 years of contract administration experience with legal terms.
• Experience with a contracting ERP system preferred.
• Experience or certifications in accounting or finance preferred.

Responsibilities

• Track contractually required administrative fee payments.
• Maintain membership lists for assigned GPOs.
• Assist in the investigation of pricing discrepancies.
• Run and analyze ad-hoc reports.
• Manage contractual price list files for GPO contracts.

Skills

Strong written, verbal and interpersonal skills

Detail-oriented

Ability to manage multiple priorities

Proficient in Microsoft Office

Ability to handle confidential information

Ability to quickly learn products, procedures and systems

Education

Associate’s degree or equivalent work experience

Tools

JD Edwards

SAP

Microsoft Excel

Microsoft Word

Job description

Terumo Medical Corporation (TMC) develops, manufactures, and markets a complete, solutions-based portfolio of high-quality medical devices used in a broad range of applications for numerous areas of the healthcare industry. TMC places a premium on providing customers with world‑class products, training and education programs that drive clear economic value, better clinical outcomes and improved quality of life for patients. TMC is part of Tokyo-based Terumo Corporation; one of the world’s leading medical device manufacturers with $6+ billion in sales, 30,000+ employees worldwide and operations in more than 160 nations. Terumo Medical Corporation is comprised of two strategic business divisions: Terumo Interventional Systems and Terumo Medical Products.

We believe that the future is bright for everyone at Terumo. We work with the future in mind to generate lasting change, create a bigger impact and produce greater outcomes for today, and for decades to come.

Job Summary

The Contract Administrator is responsible for managing the administrative processing requirements for Group Purchasing Organization (GPO), Integrated Delivery Network (IDN) and Individual Account Purchase Agreements (IPA). This position reports to the Corporate Accounts Strategic Business Manager and works closely with the Field Sales Organization, GPO and IDN Corporate Account management as well as TIS cross‑functional departments such as the Marketing and Finance as required.

Responsibilities

1. Track contractually required administrative fee payments and issue accurate and timely forecasts.
2. Maintain membership lists for assigned GPOs through LOC administration and by downloading and/or obtaining membership lists regularly from the GPO; post and communicate data for internal users.
3. Assist in the investigation of pricing discrepancies and issues and determine the root cause for resolution purposes.
4. Run and analyze ad‑hoc reports to support pricing and contract initiatives.
5. Manage contractual price list files for GPO contracts.
6. Update contractual price list files on a timely basis.
7. Develop and maintain master customer database in JD Edwards / HAL 9000.
8. Continually evaluate relevant internal processes, procedures and systems and propose recommended improvements to management.
9. Demonstrate a commitment to patient safety and product quality by maintaining compliance with all TMC Quality Systems requirements. This includes but is not limited to the prompt recognition and forwarding of customer complaints (i.e. adverse events, product performance reports, etc.) to Quality Assurance (QA), and by ensuring all promotional messaging (i.e. branding strategies, product claims, etc.) and materials (i.e. literature) discussed or presented to customers are clinically accurate and adhere to AdvaMed guidelines and Terumo's policy on Interactions with Healthcare Professionals.
10. Perform other job‑related duties as assigned.

Working Conditions

This position exists in an office environment. Approximately 10% overnight travel is required.

Knowledge, Skills and Abilities (KSA)

• Ability to quickly learn Terumo's products, procedures and systems.
• Strong written, verbal and interpersonal skills.
• Ability to manage multiple priorities and deadlines while working under minimal supervision.
• Strong computer skills including Microsoft Office and ability to run recurring and ad‑hoc reports through an ERP system.
• Ability to handle confidential information.
• Detail-oriented.

Qualifications / Background Experience

• Typically requires an associate’s degree or equivalent work experience and a minimum of 3 years of contract administration experience with contracts including legal terms and conditions.
• Experience with a contracting ERP system (i.e. JD Edwards, SAP, etc.) is preferred.
• Experience with Microsoft Excel and Microsoft Word is preferred.
• Experience or certifications in accounting or finance is preferred.

Salary

The salary range is $51,160 - $68,000 based on experience plus a 5% target bonus.