Senior Contracts Analyst

Summary of Job Duties

The Senior Contract Analyst reports to the Contracts Manager and is responsible for the effective maintenance of contract data files and the integrity of contract pricing. The role includes coordinating and performing analyses of product usage and pricing to optimize Group Purchasing Organization (“GPO”), GPO Enhanced, State, and Local Contracts with an emphasis on identifying cost-saving and expense reduction. The individual in this position will ensure the adherence to best practices in contract management, analysis, and reporting, ensuring all contracts and databases remain accurate and current. Responsible for verifying contract compliance with Arkansas State Procurement Law, DFA Policies, relevant Board of Trustees and U of A Systemwide Policies, and Procedures and UAMS Administrative Guide Policies and Procedures, as applicable. Furthermore, this role assists with financial analysis, contract negotiations, and the execution of purchase agreements/contracts for the procurement of goods, services, and equipment for clinical and non-clinical areas, while proactively identifying opportunities for cost savings, cost avoidance, standardization and enhanced utilization.

Qualifications

• Minimum: Bachelor’s degree in supply chain management, business administration, or related field plus 6 years of experience in healthcare supply chain contracting, procurement or relevant work experience
• or associate’s degree plus 8 years of experience in healthcare supply chain contracting, procurement or relevant work experience
• or high school diploma plus 10 years of experience in healthcare supply chain contracting, procurement or relevant work experience
• Preferred: Clinical experience preferred. (Surgical Technologist, RN, LPN)
• Experience in healthcare contracts management or financial analytics/auditing
• CPSM (Certified Professional in Supply Management) or CPCM (Certified Professional Contracts Manager)
• Advanced skills in Microsoft Office Suite. Strong Excel, Access and PowerPoint skills preferred.

Responsibilities

• Manages a portfolio of contracts ensuring that all documentation is current, complete, accurate and maintained in the appropriate databases.
• Serves as the Subject Matter Expert (SME) for contract interpretation, often resolving complex issues with minimal guidance.
• Ensures all contracts and related documents are fully compliant with Arkansas State Procurement Law, UAMS policies, and guidelines.
• Leads audits and provides advanced reports on contract performance, compliance, and opportunities for process improvements.
• Researches equipment, products and services as required, to maximize the Group Purchasing Organization (GPO) and local contracts to align with the organizational and state requirements.
• Maintains centralized roster of preferred suppliers for UAMS departments and locations.
• Lead and strategize for future cost-saving, standardization, and procurement improvement opportunities.
• Provides high-level strategic recommendations to leadership on long-term procurement goals and contracting strategies.
• Maintains abreast of all industry trends, market conditions, technological innovation and ethical standards to maintain UAMS’ competitive edge in contracting.
• Coordinates and leads training and educational events for other staff on compliance and contract management best practices.
• Serves as the internal expert on all state procurement, accounting regulations, and the University of Arkansas System’s procedures and regulations.
• Performs other duties as assigned.

Salary Information

Commensurate with education and experience

Required Documents to Apply

• List of three Professional References (name, email, business title), Resume

Optional Documents

• Special Instructions to Applicants: Recruitment Contact Information Please contact askrecruitment@uams.edu for any recruiting related questions.
• All application materials must be uploaded to the University of Arkansas System Career Site https://uasys.wd5.myworkdayjobs.com/UASYS Please do not send to listed recruitment contact.
• Pre-employment Screening Requirements Criminal Background Check This position is subject to pre-employment screening (criminal background, drug testing, and/or education verification).