Contract Analyst

AtlantiCare; Egg Harbor Township (NJ); On-site; USD 69,000 - 103,000; Full time

Benefits offered by this job

Generous Paid Time Off

Medical, Prescription Drug, Dental & V

Retirement Plans with employer contrib

Short-Term & Long-Term Disability

Life & Accidental Death & Dismembermen

Tuition Reimbursement

Flexible Spending Accounts (FSAs)

Wellness Programs

Voluntary Benefits (Pet Insurance)

Job summary

AtlantiCare is seeking a Contract Analyst I to monitor and analyze contract purchases and identify opportunities to reduce operating expenses for medical supplies and services. You will partner with Legal, vendors, and the Procurement & Analytics teams to enhance contracting processes.

Responsibilities include benchmarking, price analysis, and contract development, plus supporting department reporting and data tools. A strong Excel/Office background and a data-driven mindset are essential.

Qualifications

• Bachelor's degree in Business, Finance, Economics, Healthcare or related field required; Master's preferred.
• Solid experience in a variety of software programs; expert knowledge in Microsoft Excel and Office required.
• 2 years analytics experience preferred; Purchasing experience preferred.

Responsibilities

• Monitor and analyze contract purchases to identify opportunities to reduce operating expenses for med/surgical products, services and equipment.
• Develop, modify and monitor contract processing procedures and activities; liaise with vendors, Legal and Supply Chain leadership.
• Conduct benchmarking, price analyses and contracting in collaboration with Sourcing and Buying teams.
• Support item file function and Daily Exception Report for the department.

Skills

Analytical skills

Effective communication

Financial calculations

Data mining

Negotiation

Education

Bachelor's degree in Business/Finance/Economics/Healthcare or related field

Master's degree preferred

Tools

Microsoft Excel

Microsoft Office

Supply Chain Information Systems

Job description

Contract Analyst

Job Description

The Contract Analyst I will monitor and analyze trends within contract purchases to identify and target opportunities to reduce operating expenses related to med/surgical products, goods, services and/or equipment purchased by the organization. The Contract Coordinator develops, modifies and monitors contract processing procedures and activities, reviews contract requests and proposals, and serves as a liaison between departmental staff, vendors, Legal department and Supply Chain leadership team.

The Contract Analyst I is responsible for category and/or department specific benchmarking, price analyses and contracting and works in conjunction with the Sourcing and Buying teams to meet all procurement needs. This position supports the item file function and is responsible for the Daily Exception Report for the department.

The Contract Analyst I will maintain a current knowledge of available information databases and emerging tools and technology that will best support the procurement initiatives.

The Contract Analyst I has the ability to plan and analyze complex processes, proficiency in computer software programs and databases, data mining and extrapolation skills, effective negotiation skills, attention to detail, strong critical reasoning skills and the ability to interpret benchmark analytics to relay information.

The Contract Analyst I utilizes benchmarking tools to evaluate, compare and contract pricing on non-stock and stock items. Analyzes usage of supplies, equipment and services throughout assigned departments. Reviews and interprets analytical data generated via various data systems and acts upon opportunities as they are presented. Uses all resources available appropriately to source product and benchmark vendor offers. The Contract Analyst I supports the function of any web-based contract analytics tools for the department, such as GPO portals and the AtlantiCare Legal department system, Ntracts.

The Contract Analyst I may provide support through statistics, data and contracting information to both the Surgical Value Analysis and Hospital Value Analysis committees, as needed.

The Contract Analyst I oversees the maintenance of the HEMM Contract Module. The position is responsible for the implementation and compliance monitoring of all contracts for goods and services. The Contract Analyst upholds all AtlantiCare values.

Qualifications

• Bachelors degree in Business, Finance, and Economics, Healthcare or related field required. Masters degree preferred.
• CMRP preferred.
• Solid experience in a variety of software programs; expert knowledge in Microsoft Excel and Office required. 2 years analytics experience preferred. Purchasing experience preferred. Experience with Supply Chain Information Systems preferred.

Performance Expectations

• Demonstrates the technical competencies as established on the Assessment and Evaluation Tool.
• Demonstrates effective communication skills.
• Demonstrates ability to perform intermediate to advanced financial calculations and spreadsheet navigation.
• Exhibits strong critical reasoning skills.

Work Environment

Potential for exposure to the hazards and risk of the hospital environment, including exposure to infectious disease, hazardous substances, and potential injury.

Reporting Relationship

This position reports to the Director of Procurement & Analytics.

Job Details

Job Schedule: Full time

Job Shift: Day

Pay Range: $68,973.00-$103,477.00

Hrs Per Week: 40

Holidays Required: No

Weekends Required: No

Job Category: Legal

Benefits

• Generous Paid Time Off (POT)
• Medical, Prescription Drug, Dental & Vision Insurance
• Retirement Plans with employer contributions
• Short-Term & Long-Term Disability Coverage
• Life & Accidental Death & Dismemberment Insurance
• Tuition Reimbursement to support your educational goals
• Flexible Spending Accounts (FSAs) for healthcare and dependent care
• Wellness Programs to help you thrive
• Voluntary Benefits, including Pet Insurance and more

Benefits offerings may vary based on position and are subject to eligibility requirements.

Join a team that values your well-being and invests in your future.

Pay Transparency

In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law" in impacted states, which mandate employers to list salary ranges in job advertisements and promotions.

AtlantiCare is an Equal Opportunity Employer

Equal employment opportunity, including veterans and individuals with disabilities.

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