Job Description

Job Title

Contracts Specialist (Mississauga, Canada)

Philips is a global leader in health technology, committed to improving billions of lives worldwide and striving to make the world healthier and more sustainable through innovation. Driven by the vision of a better tomorrow. But it\xe2\x80\x99s not just what we do, it\xe2\x80\x99s who we are. We are 80,000, wonderfully unique individuals, with two things in common. An unwavering sense of purpose and a relentless determination to deliver on our customers\xe2\x80\x99 needs. It\xe2\x80\x99s what inspires us to create meaningful solutions \xe2\x80\x93 the kind that make a real difference \xe2\x80\x93 when it matters most. The world and our customers\xe2\x80\x99 needs are changing faster than ever before and while we are proud of what we do already, we know we can do more. That\xe2\x80\x99s why we need you, to help us tackle increasingly complex challenges posed by ever evolving health and well-being needs. In this role, you have the opportunity to make life better
Looking at the challenges the world is facing today Philips\xe2\x80\x99 purpose has never been more relevant. So whatever your role, if you share our passion for helping others, you\xe2\x80\x99ll be working towards creating a better and fairer future for all. Your Key Areas of Responsibilities:

• Utilize workflow tools and process, execute systematic administration of contract (creation, logistics tracking and archiving).
• Create contract solutions that minimize risk and provide value to Philips and its customers
• Partner with field personnel and internal departments to evaluate and negotiate sales/service contracts across the portfolio
• Recommend and implement improvements of policies and processes to ensure that proposal and contract documents are aligned with company\'s business controls, policies and procedures.
• Advise field teams and management of contractual rights, obligations; provide interpretation of terms and conditions identifying solutions
• Understand the contract content and drive related actions (e.g. fulfillment, invoicing) across all channels and ensure accuracy of calculations and payments within contractual terms and conditions can be operationalized.
• Support contract performance monitoring, assist with the evaluation of gaps between current contract value and required contract value to ensure customer meets its contract compliance obligations
• Support internal and external audits
• Contract review and control process \xe2\x80\x93 review sales contract completeness and ensure compliance with SOX ICS Audit controls
• Partner with sales support, order management, project manager, proposal management, and other functional groups to ensure efficiency and consistency in contract fulfillment and execution. Evaluate and Monitor Contract Execution
• Drives continuous improvements applying LEAN
• Behavioral: Daily demonstration of the highest level of Philips behaviors

Experience and Technical Requirements:

• Contract Negotiation for all modalities for Canada (includes Equipment and Service)
• Able to analyze and develop insights for assigned portfolio and meet business targets and timelines, by proactively driving contracts and files to completion
• Has knowledge of contract management processes and guidelines.
• Ability to draft various contract documents including MOAs, LOAs, Amendments, Addendums, Make Rights, Service and Sale Agreements, Master Agreements, notices, letters, and other binding and non-binding documentation etc. to ensure compliance as well as meet business and customer needs
• Retain accountability and oversight on overall contract compliance with internal and external guidelines, policies, and legislation
• Ability to evaluate contract risk
• Provide subject matter expertise and interpretation of contractual terms
• Contribute to RFP development by providing stakeholders with timely risk Assessment, mitigation and recommendations for transactions, contractual documents, and other obligations
• RFP & Contract Financial and Legal Review and First Level Approval
• Support RFP team by reviewing RFP responses and questions for compliance to Philips\xe2\x80\x99 legal, risk, financial and regulatory parameters
• Retain strong legal, regulatory and financial knowledge by interacting with and seeking guidance from the Legal Counsel, Director of Quality and Regulatory Affairs and Head of Finance for Philips Canada, in order to keep this knowledge up-to-date
• Understands when to initiate required internal actions, monitor the progress and push for the deliverables.
• Escalate effectively while actively providing recommendations
• Ability to Develop professional expertise, applies company policies and procedures to resolve a variety of issues.
• Ability to drive sales, finance, legal, and other contributors to conclude contracting and meet forecast by quarterbacking contracting initiatives
• Bachelor\xe2\x80\x99s degree, paralegal certification, or JD
• Commercial and Contract Management Practitioner Certification is preferred
• Ability to use tools such as SFDC, MS Office, Apttus, Teams

You are a part of
Philips North America Contracts Center of Excellence team supporting the business in providing the best customer experience in Health Care. To succeed in this role, you\xe2\x80\x99ll need a customer-first attitude and the following:

• Ability to work on problems of moderate scope where analysis of situations or data requires a review of a variety of factors.
• Ability to prioritize workload, pivot when needed, and manage escalations
• Exercises sound and independent judgment within defined procedures and practices to determine appropriate action.
• Apply critical thinking and problem-solving skills to propose business solutions
• Builds productive internal/external working relationships.
• Ability to propose custom solutions to problems
• Clear communication and presentation skills
• Effectively manage time to meet deliverable deadlines
• Lean or Continuous Improvement Certification is preferred
• Bilingual (English & French) is preferred

Why should you join Philips? Working at Philips is more than a job. It\xe2\x80\x99s a calling to create a healthier society through meaningful work, focused on innovative, customer-first health technology solutions. Help us improve the health and well-being of billions of people, every year. Ultimately creating a career that no one could have planned for. Even you. Visit our careers website to explore what it\xe2\x80\x99s like working at Philips, read stories from our employee blog, find information about our recruitment process and answers to some frequently asked questions. Philips Canada is committed to treating all people in a way that allows them to maintain their dignity and independence. We welcome and encourage applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.