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Associate Contracts Manager, Procurement

Best Buy
  • Minneapolis, Minnesota
    25 days ago

    Job Description

    As an Associate Contract Manager with the Procurement team, you'll be responsible for leading commercial contracting activities across a broad range of enterprise supplier engagements. This role serves as a subject matter expert in contract development, negotiation, and risk management, partnering closely with Category Managers, Legal, Finance, and business stakeholders to structure and execute agreements that protect Best Buy while enabling business objectives. This position focuses on complex service and consulting agreements and technology contracts, including master-level agreements, statements of work, amendments, and renewals. You will work directly with senior stakeholders and strategic suppliers to negotiate commercial terms, manage contractual risk, and drive consistency across procurement contracting practices.

    This role is hybrid, which means you will be required to work on site Monday through Thursday at the Best Buy corporate office in Richfield, Minnesota. You can work virtually from home or another non‑Best Buy location on Friday. The recruiter or hiring manager will provide more details during the hiring process.

    What you'll do
    • Draft, review, negotiate, and manage a broad range of commercial contracts, including master service agreements, statements of work, software agreements, professional services agreements, amendments, and renewals.
    • Develop and execute negotiation strategies that balance business objectives, risk mitigation, supplier relationships, and financial outcomes.
    • Serve as a trusted advisor to Procurement and business stakeholders on contract structures, commercial terms, and negotiation approaches.
    • Support strategic sourcing and procurement initiatives by providing contract expertise throughout supplier evaluation, negotiation, and award processes.
    • Collaborate with Legal, Finance, Compliance, Information Security, Risk Management, and business teams to facilitate contract review, execution, issue resolution, and contract interpretation.
    • Drive continuous improvement by developing contract templates, playbooks, and best practices, while analyzing contract trends to identify opportunities for standardization, simplification, and enhanced commercial outcomes.
    Basic Qualifications
    • 3+ years of experience in procurement, contracting, legal operations, or supplier management
    • 2+ years of experience negotiating and managing complex commercial agreements.

    Numbers & Facts

    LocationMinneapolis, Minnesota
    IndustryRetail
    Company Size10,000 employees or more
    Year Founded1966
    Websitehttp://www.bestbuy-jobs.com/

    About Company

    Energetic teams. Fun atmosphere. Exciting opportunities.

    That’s what you’ll find at Best Buy. Care to join us?

    You can feel the energy here. And we’re not talking about the hum of electronics (there’s that, too). We’re talking about people.

    Best Buy employees are friendly, enthusiastic and willing to help you succeed. Sure, we’re a big company — the world’s largest consumer electronics retailer — but that doesn’t stop us from having fun while doing what we love: bringing technology into people’s lives in meaningful ways.

    When you join our team, we consider you part of our Best Buy family. And what you do here every day will support our goal to make people’s lives better, easier and more enjoyable through the great products we sell.

    So if you’d like using your talents to help improve people’s lives, bring it! We’d love to have your energy here.

    Skills

    • Best Practicesunmatched
    • Candidate Sourcingunmatched
    • Category Managementunmatched
    • Consultingunmatched
    • Continuous Improvementunmatched
    • Contract Analysisunmatched
    • Contract Creationunmatched
    • Contract Managementunmatched
    • Contract Negotiationunmatched
    • Contract Reviewunmatched
    • Financeunmatched
    • Financial Complianceunmatched
    • Information/Data Security (InfoSec)unmatched
    • Legalunmatched
    • Negotiation Skillsunmatched
    • Problem Solving Skillsunmatched
    • Process Improvementunmatched
    • Procurement Managementunmatched
    • Procurement Strategyunmatched
    • Professional Servicesunmatched
    • Purchasing/Procurementunmatched
    • Riskunmatched
    • Risk Managementunmatched
    • Sourcing Strategyunmatched
    • Statement of Work (SOW)unmatched
    • Trend Analysisunmatched
    • Vendor/Supplier Evaluationunmatched
    • Vendor/Supplier Managementunmatched
    • Vendor/Supplier Planningunmatched
    • Vendor/Supplier Relationsunmatched
    • Work From Homeunmatched

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