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Contracts and Procurement Manager

Iodine Software

Austin, TX, US / Onsite/Remote
  • Job Type: Full-Time
  • Function: Legal
  • Industry: Data & Analytics
  • Post Date: 06/10/2024
  • Website: iodinesoftware.com
  • Company Address: 6850 Austin Center Boulevard, Suite 350, Austin, TX 78731 United States

About Iodine Software

Iodine Software is a healthcare AI company that has pioneered a new machine learning approach — Cognitive Emulation™ — to help healthcare finance leaders build resilient organizations. Founded in 2010, Iodine’s technology unifies clinical concepts, evidence-based medicine, and deep machine learning to power revenue cycle solutions that maximize capture and data accuracy. To date, the Iodine AwareCDI™ Suite has helped nearly 500 hospitals recognize $1.5 billion in additional appropriate reimbursement annually.

Job Description

Join Us. Let’s make a direct impact in healthcare.
Being an Iodine employee means becoming part of something bigger: using clinical AI technology to drive smarter healthcare processes and positively impact patient care.

Who We Are:
Iodine is an enterprise AI company that is championing a radical rethink of how to create value for healthcare professionals, leaders, and their organizations: automating complex clinical tasks, generating insights and empowering intelligent care. Powered by one of the largest sets of clinical data and use cases available, our groundbreaking clinical machine-learning engine, Cognitive ML, constantly ingests the patient record to generate real-time, highly focused, predictive insights that clinicians and hospital administrators can leverage to dramatically augment the management of care delivery.

What we’re looking for:
As a Contracts and Procurement Manager you will understand, develop, manage, and control all facets of contract formation, negotiation, and management and provide technical guidance and oversight of the procurement function to all levels of staff and management. You will lead and support the legal review for the entire procurement life cycle for all goods and services that the organization procures. You will apply professional purchasing concepts, standards, and organizational objectives to complete complex procurement/contracting assignments. You will lead and collaborate with business units and offices in establishing quality improvements and process efficiencies.

What you’ll do:
  • Provide day-to-day contract administration support and support the legal aspect of the procurement and contracts processes.
  • Assist staff in negotiating contract terms and conditions ensuring that they are as favorable to Iodine's business interests as possible, minimize risk and follow applicable laws, regulations, policies and procedures.
  • Assess, evaluate, analyze, and interpret contract or agreement terms and conditions and recommend alternative language, solutions and/or assist in resolving any supplier risk compliance, or performance issues, as necessary.
  • Exercise good judgment in selecting best contracting methods, techniques and evaluation criteria for obtaining results.
  • Serve as a subject matter expert in procurement and contracting and develop standards for legally binding agreements, contracts, policies, procedures, templates, tools and systems.
  • Examine, evaluate and participate in developing and negotiating contracts, and provide technical advice and guidance to minimize risk, ensure compliance with laws, regulations, and policies, and realize operational effectiveness and efficiency in these functional areas.
  • Provide subject matter expertise, advice, recommendations, training and guidance to staff and management on contractual and procurement related issues, policies, procedures, issues, and systems, to Iodine employees.
  • Assist clients in ensuring that for all contracts and procurement actions, appropriate documentation is obtained, tracked and maintained within corporate databases, contracts or purchasing (business) systems in an accurate, systematic and timely manner.
  • Provide quality assurance and oversight to global contract and procurement-related functions by evaluating and identifying gaps in legal instruments, policies, procedures, business systems, processes or tools, and recommend and implement updates and/or improvements ensuring organizational efficiency, effectiveness and standardization.
  • Research unique legal or contractual issues impacting the organization regarding contract, procurement, regulatory, trademark, intellectual property and other international and corporate issues by identifying related best practices statutes, regulations, judicial decisions or codes - Have the ability to understand and interpret basic legal concepts and explain legal language to staff.
  • Establish and maintain positive working relationships with internal and external clients and stakeholders.
  • Other duties as assigned.
  • Supports commercial or other litigation as assigned.
  • Updates shared drives and document storage systems or tools with appropriate documents.
  • Assists with the document retention program.
  • Reviews document requests and assists with response.
  • Tracks and prepares legal filings.
  • Other incidental assignments related to the position.
     
What we’d love to see:
  • Bachelor’s Degree in Business Administration, Supply Chain Management or related field or equivalent experience
  • Minimum of three (3) years progressive, demonstrated professional contract/procurement experience including, but not limited to, sourcing, contract negotiation, monitoring and reporting contract performance
  • Paralegal or other legal specialist certification preferred
  • Ability to effectively communicate complex information to others both verbally and in writing and ability to satisfactorily resolve issues with customers
  • Ability to accurately read, interpret, develop and negotiate terms and conditions of contracts
  • Strong negotiating skills
  • Working knowledge of the Uniform Commercial Code and/or commercial contracting business terms
  • Working knowledge of strategic sourcing concepts and methodologies
  • Excellent oral and written communication skills
  • Proficient in the use of Microsoft Office Suite, specifically Microsoft Excel, Word, and PowerPoint
  • Extensive experience utilizing judgment and learned knowledge to plan and accomplish goals
  • Experience in project or program management 
  • Experience working in a fast-paced corporate legal environment preferred
Knowledge/Skills
  • Knowledge of all aspects of company standard contracts and agreements
  • Knowledge of legal terminology, principles, and regulatory processes
  • Knowledge of records retention statutes, policies, and management systems
  • Requires specialized depth and/or breadth of expertise in own job discipline or field
  • Interprets internal/external business challenges and recommends best practices to improve products, processes or services
  • Demonstrated research skills
  • Ability to make administrative and procedural decisions and judgments on sensitive, confidential issues
  • Advanced interpersonal skills and ability to effectively communicate technical and compliance information with a wide range of individuals
  • Ability to recognize and analyze complex legal issues and understand business requirements
  • Excellent communication skills, verbal and written; and demonstrated ability to effectively interface with colleagues and clients
  • Excellent writing/drafting skills
  • Excellent skills in use of legal reference materials, including electronic resources
  • Demonstrated skill in MS Office, including Word, PowerPoint, and Excel
  • Advanced time management skills and demonstrated skills in tracking and executing against deadlines
  • Able to handle multiple simultaneous and complex tasks and projects effectively and efficiently

Why should you join Iodine?
This is a unique opportunity to join a close-knit, rapidly growing team and help us improve a key piece of the organization. You will have the opportunity to drive smarter healthcare processes through technology, so hospitals can stay focused on patient care. You will join a passionate and ambitious team, with a proven record of success building multiple companies. Learn more about our company culture on Built In Austin   and on our website at www.iodinesoftware.com.

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