Contract Management Professional
2 days ago
Job Overview:
We are seeking a skilled Contract Management Professional to join our Contract Management team. This role involves managing high-value, complex contracts and routine contract renewals across various procurement categories.
Key Responsibilities:
- Contract Strategy & Development: Develop and execute strategies for high-value contracts, collaborating with cross-functional teams to address user challenges and draft vendor obligations.
- Negotiations & Renewals: Drive contract negotiations to secure favorable terms and manage high-volume contract renewals efficiently.
- Risk Management: Ensure compliance with legal and regulatory requirements, proactively identify potential risks, and develop governance frameworks.
- Vendor and Stakeholder Management: Build strong relationships with vendors and stakeholders, act as the main point of contact for contract inquiries, and oversee vendor performance.
- Post-Contract Administration: Oversee contract execution, monitor performance, resolve disputes, and facilitate drafting of amendments as needed.
Accountabilities:
- Strategic Leadership: Demonstrate proactive leadership, timely contract negotiations, and driving for closure, guide process improvements, and mentor junior team members.
- Performance Metrics: Meet and exceed targets related to contract savings, risk mitigation, and vendor performance. Implement and track KPIs.
- Continuous Development: Stay updated on industry trends, participate in training programs, and foster a culture of improvement.
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