Contract Analyst

Memorial Healthcare System; Town of Florida (NY); On-site; USD 70,000 - 90,000; Full time

Job summary

A healthcare organization is seeking a Contract Analyst to analyze and negotiate complex contracts, ensuring compliance with policies and legal standards. This role requires collaboration with legal and procurement teams. Candidates should have a Bachelor's degree in Business Administration or a related field, with three years of hands-on contract experience. This position offers an opportunity to train team members and contribute to effective contract administration, making a significant impact within the organization.

Qualifications

• Bachelor's degree in required; Master's or Juris Doctorate preferred.
• Three years of hands-on contract experience, preferably in healthcare.
• Strong understanding of healthcare and government contracting laws.

Responsibilities

• Analyze, draft, and negotiate complex contracts.
• Collaborate with internal stakeholders to align contract language.
• Monitor regulatory changes for compliance.
• Train and support new team members in contract administration.
• Ensure accurate maintenance of contract records.

Skills

Analytical skills

Legal drafting skills

Collaboration

Knowledge of healthcare laws

Proficiency in Microsoft Office

Contract management software

Education

Bachelor's degree in Business Administration or related field

Tools

Contract management software

Job description

The Contract Analyst is responsible for analyzing, drafting, negotiating complex contracts to ensure compliance with Memorial’s policies, departmental protocols, legal requirements, regulatory standards, and business objectives. This role involves conducting thorough contract reviews, identifying risks, drafting and amending contract language, and collaborating with internal stakeholders, including legal, procurement, and finance teams.

Responsibilities

• Maintains deep knowledge of healthcare and government contracting laws to ensure regulatory and policy compliance.
• Collaborates with internal stakeholders to incorporate feedback and align contract language with business preferences.
• Monitors regulatory changes to align internal processes and policies with evolving legal and industry standards.
• Ensures accurate data entry and maintenance of contract records in compliance with organizational policies.
• Trains and supports new team members, sharing best practices and tools for effective contract administration.
• Applies strong analytical, and legal drafting skills to develop precise, compliant contractual documents while meeting or exceeding key performance indicators.
• Provides proactive updates and guidance to internal clients throughout the contract drafting stages and lifecycle to ensure transparency and progress.
• Conducts due diligence by collaborating with Legal, Compliance, and Business teams to ensure alignment with legal and organizational policies.
• Interprets and explains contract terms clearly to non-legal internal stakeholders to support informed decision-making.
• Demonstrates expert proficiency in Microsoft Office and contract management software to optimize workflow accuracy and efficiency.

Education and Certification Requirements

Bachelors (Required)

Required Work Experience

Three (3) years of “hands on” contract experience required, preferably in healthcare.

Other Information

Additional Education Information: Bachelor\'s degree in Business Administration or related field required; Master\'s degree or Juris Doctorate preferred