Contract Analyst (Solventum)

Thank you for your interest in working for our Company. Recruiting the right talent is crucial to our goals. On April 1, 2024, 3M Healthcare underwent a corporate spin-off leading to the creation of a new company named Solventum. We are still in the process of updating our Careers Page and applicant documents, which currently have 3M branding. Please bear with us. In the interim, our Privacy Policy here: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/ continues to apply to any personal information you submit, and the 3M-branded positions listed on our Careers Page are for Solventum positions. As it was with 3M, at Solventum all qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Description:

Contracts Analyst (Solventum)

3M Health Care is now Solventum

At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers’ toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue.

We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.

The Impact You’ll Make in this Role

As a Contracts Analyst, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here, you will make an impact by:

• Working closely with sales to drive revenue and contract compliance through sound government contracting principles and practices.
• Contributing to the overall team strategic vision and coaching of government contracts support team members for optimal engagement and performance.
• Providing subject matter expertise and guidance on government contracts, proposals and business opportunities, including applicable federal government terms and regulations.
• Consulting with senior-level sales business partners on negotiations strategy; develops outside-the-box solutions for and compromises with customers; and at times participates directly in customer negotiations.
• Developing contract implementation plan to: (i) address internal system processing implications and requirements; (ii) document contract files; (iii) implement data and tracking elements within confines of contract management system; (iv) communicate key contract information to executive leadership and key business stakeholders; and (v) support contract execution meetings with impacted business stakeholders.
• Utilizing sound business judgment to manage time and resources and to identify opportunities for improving contract development and execution processes in order to deliver accurate and timely results in a fast-paced, customer-focused environment.
• Identifying critical pre and post-execution contractual issues and escalates them to the appropriate business or legal partners to mitigate, reduce, and eliminate risks for the US business; drives cross-functional team discussions to build consensus and implements the necessary resolution of such issues.
• Being accountable for the lifecycle management of assigned portfolio of contracts utilizing a contract management system: accurate and current contract file documentation, timely contract updates through system changes and modifications, reporting and obligation management, regular contract compliance reviews, and contract close-out.

Your Skills and Expertise

To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:

• Bachelor’s Degree in Business from an accredited institution AND a minimum of eleven (11) years of experience

OR

• High School Diploma/GED or higher from an accredited institution AND a minimum of fifteen (15) years of experience

AND

In addition to the above requirements, the following are also required:

• Eight (8) years of experience in US federal government contracting within the government and/or within commercial industry
• Intermediate level of proficiency with Microsoft Office applications, particularly Excel and Outlook

Additional qualifications that could help you succeed even further in this role include

• JD or Master’s degree in Business or related field
• Twelve (12) years of experience in government contracting within the government and/or within commercial industry
• Attention to detail, collaboration, organization, and strong prioritization skills
• Ability to multi-task and appropriately prioritize work in a high-volume, quick deadline environment
• Ability to deal effectively with all employees, while conveying a positive service-oriented attitude
• Ability to build key relationships with team members across the organization and develop an informal network of internal consultants
• Strong analytical, project management and leadership skills

Work location: Remote

Travel: May include up to 10% domestic

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Supporting Your Well-being

Solventum offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, Solventum regularly benchmarks with other companies that are comparable in size and scope. 

Applicable to US Applicants Only:The expected compensation range for this position is $106,331 - $129,960, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate’s relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.solventum.com/en-us/home/our-company/careers/#Total-Rewards

Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.

Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process.  Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers.

Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of @solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.

Solventum is an equal opportunity employer.  Solventum  will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

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Please access the linked document by clicking here, select the country where you are applying for employment, and review. Before submitting your application you will be asked to confirm your agreement with the
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