Contracts Specialist

3 - 8 years

5.5 - 13.0 Lacs P.A.

Bengaluru

Posted:1 month ago| Platform: Naukri logo

Apply Now

Skills Required

ProcurementRFXContract ManagementSourcingContract NegotiationsStrategic SourcingSupplier ManagementSap Ariba

Work Mode

Hybrid

Job Type

Full Time

Job Description

Role & responsibilities A contract specialist is responsible for managing the contract throughout their life cycle, ensuring compliance with legal and organizational policies and procedures. They negotiate terms, review contracts details, and collaborate with the internal teams and external vendors to secure favorable agreements. Drive innovation, efficiency, and ensure standardization across departments. Key responsibilities of this role: End-to-end contract management, including drafting, reviewing negotiation, executing and renewing the contract. Identify and mitigate the contractual risks, addressing potential liabilities and performance issues. Timely contract renewals in co-ordination with the business needs and strategies planned out by the category managers. Support audits and reporting by maintaining comprehensive contract documentation, contract records repositories etc. Work closely with the internal teams (Business, legal, finance and procurement) to align contractual terms with the organizational goals . Facilitate contract related discussions, readouts, negotiations and escalation when needed. End to end sourcing project (RFX) management, including collaborating with the business to identify requirements, drafting, evaluation/analysis of supplier responses Collaborate to standardize sourcing and procurement process within the COE framework to derive operational efficiency and cost savings. Drive consistency in procurement policies, procedures, use of procurement tools and templates to streamline operations. Experience & Qualifications: 3 -8 years of relevant experience in sourcing, procurement & contract management. Strong knowledge of Strategic sourcing, contract negotiation and supplier management. Excellent communication, negotiation and analytical skills. Ability to drive process improvement and standardization of the process. Ability to adapt to the changing business environment. Knowledge of procurement systems such as SAP and Ariba Experienced with CLM and E-Procurement Tools (SAP, Ariba) Work requirements: Willingness to work night shifts to support NA Team and ability to adapt to changes. This is not a contract of employment and job duties and responsibilities may change, and additional duties may be requested

RecommendedJobs for You

Chennai, Pune, Mumbai, Bengaluru, Gurgaon

Chennai, Pune, Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata

Pune, Bengaluru, Mumbai (All Areas)