Jobs · New Jersey

Senior Associate, Commercial Contracts (USA Rare Disease)

Alfasigma · Morristown, NJ · 1 mo ago
Hybrid$90k–$120k/yrFull-time

About Alfasigma

Alfasigma is a privately held global healthcare company founded over 75 years ago in Italy, where it remains headquartered today in Bologna and Milan. The Group operates in over 100 markets spanning Europe, North and South America, Asia, and Africa. Over three years ago, we embarked on a transformative journey to become a truly global innovative healthcare company with a leading focus on Gastrointestinal (GI) health. We have experienced remarkable growth, nearly doubled our revenues, expanded geographically, and integrated several key acquisitions. We have also evolved our portfolio, expanded into rare and specialty segments, and strengthened our pipeline and people's capabilities. This role is part of the USA Rare Disease team (Intercept Pharmaceuticals subsidiary).

About the Role

The Senior Associate of Commercial Contracts reports to the Vice President of Strategic Market Insights, Analytics & Operations, and represents the needs of the Commercial organization through initiation, review, and approval of contracts for all business activities. This position liaises across Commercial, Legal, Compliance, Procurement, and Finance to ensure proper adherence to policies and delivery of contracts and financial approval according to business need. The role supports contract administration for the Commercial organization (Strategic Marketing, Operations, Market Access, and Sales) and manages approval processes through our contract lifecycle management (CLM) system, DocuSign, and enterprise resource planning (ERP) system, Workplace.

Responsibilities

  • Observe and follow all Finance, Supply Chain, Vendor Management, and Quality SOPs.
  • Maintain CLM/ERP-related matters; ensure prompt and accurate processing of contracts, requisitions, purchase orders, and invoices in support of department and financial goals.
  • Review contracts to verify accuracy, terminology, and specifications; ensure timely legal review for operations requirements.
  • Liaise with both internal and external customers to ensure prompt and correct data entry of all contracts.
  • Provide timely follow-up of all correspondence between the CLM system, Intercept Legal Team, and vendors to ensure contracts are correctly executed, signed, and filed.
  • Resolve vendor or contractor grievances and claims against suppliers.
  • Monitor CLM system daily for contract status and action items.
  • Maintain accurate purchasing standards in conjunction with the Finance department.
  • Review PO requisitions to verify accuracy, terminology, and specifications when required.
  • Track the status of requisitions, contracts, and orders.
  • Assist in the sourcing of suppliers, obtaining quotes, and negotiation of contracts.
  • Perform other duties as assigned.
  • Work with the Sales, Legal, and Finance departments to input contracts, proposals, and CDAs into the contract management software system and ensure all needs are met per organizational timelines.
  • Work with Finance in onboarding vendors and managing purchase orders (POs) and statements of work (SOWs), ensuring payment of suppliers and financial approval of contracts.
  • Proactively collaborate across stakeholders to ensure the needs of the Commercial organization are met in line with documented policies and standard operating procedures (SOPs).

Requirements

  • Bachelor’s degree required.
  • 3+ years of prior contract and/or procurement experience.
  • 2+ years of experience with CLM, ERP, and requisition systems.
  • Formal paralegal training and/or experience preferred.
  • Prior experience working in the pharmaceutical/biotechnology or medical device industry preferred.
  • Ability to work onsite in the Morristown, NJ office on a hybrid basis (minimum 3 days per week) highly preferred.
  • Proven negotiation skills with suppliers, cost reduction efforts, and experience with contract negotiation.
  • Experience with DocuSign CLM, Workplace ERP, and Great Plains is a plus.

Why Join Alfasigma

At Alfasigma, we foster a culture where the courage to innovate is key to our success. We offer a competitive salary, comprehensive benefits, and extensive opportunities for professional growth and development. Our commitment to people and patients is at the heart of everything we do. We value diversity and welcome individuals with unique perspectives and experiences. We believe that open-mindedness, collaboration, and a shared passion for innovation are essential to achieving meaningful progress.

Pay

This position is non-exempt/hourly with an anticipated annualized salary range of $90,000 to $120,000. Actual salaries may vary based on experience, skillset, and performance.

Benefits

  • 401(k) plan with company match.
  • Rewards and recognition program.
  • Health care benefits (medical, prescription drugs, dental, and vision insurance).
  • Short and long-term disability coverage provided.
  • Plan coverage for domestic partners.
  • Paid parental leave benefits and adoption assistance.
  • Tuition reimbursement assistance.
  • Generous Paid Time Off program: 20 vacation days, 11 holidays, 4 personal days, and 2 volunteer days per calendar year.
  • Numerous well-being and work/life programs.

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