Company

Cognitive Medical SystemsSee more

addressAddressLittle Rock, AR
type Form of workFull-time
salary Salary$150,000 - $175,000 a year
CategoryInformation Technology

Job description

Summary


As the Director of Contracts, you are a key member of the senior management team and will be expected to provide contract support and advice to other senior leaders across the organization. You will play an active role in our continued growth by providing guidance, knowledge, mentorship, and oversight to a team of contract administrators and managers who will support leaders across the company.


Position Overview:
The Director of Contracts is responsible for leading the contracts management function within the organization. This role involves the development, negotiation, execution, and management of Contracts to support the organization's business objectives while minimizing legal and financial risks. The Director of Contracts also oversees a team of contract professionals, ensuring that contracts are compliant with applicable laws, regulations, and internal policies.
Main Responsibilities

  • Contract Strategy and Policy Development:
    • Develop and implement a comprehensive contract management strategy and policies that align with the organization's goals and objectives.
    • Provide sound interpretation and application of Federal Acquisition Regulations (FAR)/Defense Federal Acquisition Regulations (DFARS), Cost Accounting Standards (CAS) compliance, and commercial item rules and regulations.
  • Contract Drafting and Negotiation:
    • Draft, review, and negotiate a wide range of Contracts, including sales agreements, vendor contracts, partnership agreements, and employment contracts.
    • Collaborate with internal stakeholders, including legal counsel, business development, and finance teams, to reach favorable contract terms.
  • Contract Lifecycle Management:
    • Oversee the entire contract lifecycle, from initiation through to contract renewal or termination.
    • Implement systems and processes for efficient contract creation, tracking, and reporting.
  • Risk Management:
    • Identify and assess contractual risks and propose strategies to mitigate them.
    • Monitor and ensure compliance with contract terms and obligations, including performance metrics and service-level agreements.
  • Team Leadership:
    • Manage a team of contract professionals, providing guidance, coaching, and mentoring.
    • Foster a collaborative and efficient work environment.
  • Vendor and Partner Relationships:
    • Establish and maintain strong relationships with vendors, partners, and clients.
    • Resolve disputes and conflicts related to contracts.
  • Legal Compliance:
    • Stay current with changes in laws and regulations that may impact contract management.
    • Ensure all contracts adhere to legal requirements and are filed appropriately.
  • Contract Performance Analysis:
    • Monitor and report on contract performance, ensuring that both parties meet their obligations.
    • Identify opportunities for contract optimization or renegotiation.
  • Contract Repository Management:
    • Maintain a centralized contract repository and document management system.
    • Ensure that all contracts are organized, easily accessible, and properly archive
  • Pricing
    • Develop pricing strategies and structures for all new business proposals, change proposals, and task orders including, but not limited to, fixed price, cost type, time and materials, and IDIQ contracts
    • Make decisions and provide cost strategy and problem solving guided by policies, procedures, and business plans

Required qualifications, skills, and experience

  • Bachelor’s degree in business administration, Law, or a related field (Master's or Juris Doctorate preferred).
  • 10 years of experience in contract management within the Federal Marketplace, with a proven track record of drafting, negotiating, and managing contracts.
  • Working knowledge of Firm Fixed Price (FFP), Cost Reimbursable (CPFF0, and Time and Materials (T&M) type contracts and subcontracts
  • Strong knowledge of contract law, legal terminology, and best practices.
  • Excellent negotiation, communication, and interpersonal skills.
  • Leadership and team management experience.
  • Analytical and problem-solving skills.
  • Attention to detail and strong organizational abilities.
  • Proficiency in contract management software and Microsoft Office Suite
  • (Optional) Certified Federal Contracts Manager (CFCM)
Refer code: 8232023. Cognitive Medical Systems - The previous day - 2024-02-20 01:22

Cognitive Medical Systems

Little Rock, AR
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