Contract Management Specialist

Contract Management Specialist

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Analyse contracts, recommend improvements, and collaborate with teams to optimise contract management.
  • Company: Join a global leader in Market Research committed to diversity and inclusion.
  • Benefits: Enjoy remote work flexibility with occasional travel to London and competitive pay.
  • Why this job: Make a real impact by driving savings and improving contract processes globally.
  • Qualifications: No specific experience required; just bring your analytical skills and a passion for improvement.
  • Other info: This is a 12-month contract role with a focus on modernising operations.

The predicted salary is between 36000 - 60000 £ per year.

This client is a global leader in Market Research, the role offers the possibility of being fully remote, with occasional (once monthly) travel to London.

The client is looking to implement significant savings on their external contract spends, and this role will play a major part in delivering those savings globally by analysing contracts, making strategic recommendations, and working with partners.

Location: UK, London

Length: 12 months

Key Responsibilities:

  • Contract Review and Analysis:
    • Design and implement a scalable audit process for all contracts across global markets.
    • Conduct in-depth audits of third-party contracts, prioritizing high-volume markets and those with significant spend.
    • Assess and improve the current state of contract management, rationalize agreements, standardize formats, and update clauses as needed, including regulatory and cyber security considerations.
    • Evaluate contracts for outdated terms, incorrect supplier data, and missing KPIs or SLAs.
  • Process Evaluation and Improvement:
    • Identify inefficiencies in supplier contracts and propose strategies for streamlining.
    • Recommend solutions for consistent contract templates, supplier performance metrics, and compliance requirements.
    • Develop processes to ensure contract details remain up-to-date, including supplier data, contract ownership, and regulatory compliance.
  • Cross-Functional Collaboration:
    • Work closely with procurement, legal, and finance teams to ensure alignment in contract management.
  • Efficiency and Compliance Optimization:
    • Create recommendations for a consistent process to negotiate, sign, and store contracts across global markets.
    • Ensure all contracts adhere to legal and regulatory standards (e.g., GDPR, cyber security).
    • Suggest improvements to supplier management, including the incorporation of KPIs and reporting.

Success Measures:

  • Delivery of KPIs and SLAs related to the Operations Modernisation Programme, with specific focus on third-party contracts.
  • Implementation of effective, end-to-end contract management practices within the Operations team.
  • Adherence to procurement governance processes.
  • Establishment of a framework to ensure ongoing health and compliance of procurement processes.

The closing date for applications is COB 07/02, apply now!

Seniority level: Not Applicable

Employment type: Contract

Job function: Project Management

Industries: Market Research

Contract Management Specialist employer: Career Moves Group I B Corp™

At Career Moves Group I B Corp, we pride ourselves on being an exceptional employer, offering a dynamic work culture that champions diversity, equity, and inclusion. As a Contract Management Specialist, you'll enjoy the flexibility of remote work with the opportunity for occasional travel to London, alongside comprehensive employee growth opportunities and a commitment to professional development. Join us in making a meaningful impact in the market research industry while benefiting from a supportive environment that values your contributions and fosters innovation.
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Contact Detail:

Career Moves Group I B Corp™ Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Contract Management Specialist

✨Tip Number 1

Familiarise yourself with the latest trends in contract management and market research. Understanding current best practices and technologies can give you an edge during discussions with our team.

✨Tip Number 2

Network with professionals in the field of contract management. Engaging with industry peers can provide insights into the role and may even lead to referrals, increasing your chances of landing the job.

✨Tip Number 3

Prepare to discuss specific examples of how you've improved contract processes in previous roles. Being able to articulate your experience with measurable outcomes will demonstrate your value to us.

✨Tip Number 4

Showcase your ability to collaborate across departments. Highlighting your experience working with procurement, legal, and finance teams will illustrate that you can thrive in a cross-functional environment like ours.

We think you need these skills to ace Contract Management Specialist

Contract Review and Analysis
Audit Process Design
Strategic Recommendations
Regulatory Compliance Knowledge
Cyber Security Awareness
Supplier Performance Metrics
Process Evaluation and Improvement
Cross-Functional Collaboration
Negotiation Skills
Attention to Detail
Data Management
Project Management
Problem-Solving Skills
Communication Skills
Knowledge of GDPR

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly read the job description for the Contract Management Specialist position. Understand the key responsibilities and required skills, as this will help you tailor your application.

Tailor Your CV: Customise your CV to highlight relevant experience in contract management, analysis, and cross-functional collaboration. Use specific examples that demonstrate your ability to deliver savings and improve processes.

Craft a Compelling Cover Letter: Write a cover letter that addresses how your skills align with the responsibilities outlined in the job description. Mention your experience with contract audits, compliance, and any relevant achievements that showcase your expertise.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for a role focused on contract management.

How to prepare for a job interview at Career Moves Group I B Corp™

✨Understand the Role

Make sure you thoroughly understand the responsibilities of a Contract Management Specialist. Familiarise yourself with contract review processes, compliance requirements, and how to analyse contracts effectively. This will help you answer questions confidently and demonstrate your knowledge.

✨Prepare Examples

Think of specific examples from your past experience that showcase your skills in contract management, process improvement, and cross-functional collaboration. Be ready to discuss how you've successfully navigated challenges in these areas, as this will illustrate your capability for the role.

✨Research the Company

Learn about the company’s values, mission, and recent projects, especially those related to market research and contract management. This will not only help you tailor your answers but also show your genuine interest in the organisation and its goals.

✨Ask Insightful Questions

Prepare thoughtful questions to ask at the end of the interview. Inquire about their current contract management processes, challenges they face, or how success is measured in this role. This demonstrates your proactive mindset and eagerness to contribute to their team.

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