Contract Specialist III at Thermo Fisher Scientific

Hillsboro, Oregon, United States

Thermo Fisher Scientific Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Life Sciences, Scientific InstrumentsIndustries

Requirements

  • Bachelor’s degree in business or legal, or comparable experience
  • Preferred minimum of five years of experience in government contracting and contract negotiation
  • Excellent judgment in balancing business needs with potential risks and customer requests
  • Diligent with high integrity and intensity
  • Ability to handle pressure both independently and as part of a team
  • Collaborative and integrative communication style
  • Flexibility and receptiveness to workplace changes
  • Proficiency in written and verbal communication
  • Familiar with Microsoft Office and CRM
  • Demonstrate Thermo Fisher Scientific 4i Values – Integrity, Intensity, Innovation, Involvement

Responsibilities

  • Review, evaluate, draft, and negotiate sales-related documents, ensuring compliance with corporate and divisional policies
  • Understand commercial sales basics such as pricing, delivery, warranty, and payment terms
  • Demonstrate foresight in understanding legal terms related to liability issues
  • Coordinate government-public contracts at various levels, including review, approval, reporting, fee payment, and compliance
  • Administration of government-public contracts at the federal, state and local levels, including review/approval process for contracts, reporting, fee payment and compliance
  • Review complete package of bid documents to assess terms requiring approval, collaborate with functional owners to accept or propose alternate terms
  • Assess and communicate potential legal, financial, regulatory and business risks within contracts
  • Assess risk profile for product families based on company guidelines and address blocking issues by seeking approval for agreement terms
  • Collaborate with functional owners to propose alternate terms when necessary
  • Support SSOC with tasks related to price reasonableness, questionnaire responses, and FAR requests
  • Understand revenue recognition and book and ship activities
  • Maintain centralized contract files and a database of finalized documents
  • Participate in Practical Process Improvement (PPI) initiatives

Skills

Contract Negotiation
Contract Drafting
Contract Review
Government Contracts
FAR Compliance
Risk Assessment
Revenue Recognition
Bid Evaluation
PPI

Thermo Fisher Scientific

Provides life sciences products and services

About Thermo Fisher Scientific

Thermo Fisher Scientific offers a variety of products and services that support scientific research and healthcare, including laboratory equipment, reagents, and software solutions. Their products are used in applications like protein biology, real-time PCR, and sequencing, serving clients such as academic institutions and pharmaceutical companies. Unlike competitors, Thermo Fisher emphasizes customer support and education, helping clients optimize their experiments. The company's goal is to be a leading provider of life sciences solutions that contribute to a healthier and safer world.

Waltham, MassachusettsHeadquarters
1956Year Founded
$17MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
10,001+Employees

Risks

Increased competition in single-use bioprocessing may impact market share.
Sale of anatomical pathology business could create a temporary product gap.
Investment in miDiagnostics may face regulatory challenges affecting returns.

Differentiation

Thermo Fisher offers a comprehensive range of life sciences products and services.
Their well-known brands include Thermo Scientific, Applied Biosystems, and Invitrogen.
They provide strong customer support and educational resources to optimize client workflows.

Upsides

Expansion of biologics production facility enhances capacity for precision biologics monitoring.
Investment in miDiagnostics aligns with demand for rapid diagnostic solutions in BioPharma.
Collaboration with Mainz Biomed positions them in the growing cancer detection market.

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