At a Glance
- Tasks: Analyse contracts and implement strategies for cost savings in a global market.
- Company: Join a leading global market research firm with a focus on innovation.
- Benefits: Fully remote work, competitive pay, and opportunities for professional growth.
- Other info: Collaborate with diverse teams and enjoy flexible working arrangements.
- Why this job: Make a real impact by optimising contract management and driving efficiency.
- Qualifications: Strong analytical skills and experience in contract management.
The predicted salary is between 36000 - 60000 £ per year.
Career Moves Group I B Corp provided pay range
This range is provided by Career Moves Group I B Corp. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
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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:
As a Contract Management Specialist, your responsibilities will fall into four key areas:
- 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- Evaluate contracts for outdated terms, incorrect supplier data, and missing KPIs or SLAs.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
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Contract Management Specialist employer: Career Moves Group I B Corp™
As an Executive Assistant to C-Suite in a dynamic Tech company located in Central London, you will thrive in a fast-paced environment that fosters innovation and collaboration. The hybrid work model offers flexibility while being part of a global network, providing ample opportunities for professional growth and development. With a strong emphasis on employee well-being and a culture that values diversity and inclusion, this role promises a rewarding experience for those looking to make a meaningful impact.
Contact Details:
Career Moves Group I B Corp™ Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Contract Management Specialist
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work in contract management. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by researching the company and its contract management practices. Show them you know your stuff and can bring value to their team right from the get-go!
✨Tip Number 3
Practice your negotiation skills! As a Contract Management Specialist, you'll need to demonstrate your ability to negotiate effectively. Role-play with a friend or use online resources to sharpen those skills.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Contract Management Specialist
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Contract Management Specialist role. Highlight relevant experience in contract review, analysis, and process improvement. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of how you've successfully managed contracts or improved processes in the past.
Showcase Your Collaboration Skills:Since this role involves working closely with various teams, make sure to mention any experience you have in cross-functional collaboration. We love seeing candidates who can work well with others to achieve common goals!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the whole process smoother for everyone involved.
How to prepare for a job interview at Career Moves Group I B Corp™
✨Know Your Contracts
Before the interview, brush up on your knowledge of contract management principles. Familiarise yourself with common terms and clauses, especially those related to compliance and regulatory standards like GDPR. This will help you speak confidently about your expertise and how it aligns with the role.
✨Showcase Analytical Skills
Prepare examples of how you've successfully analysed contracts in the past. Be ready to discuss specific instances where your recommendations led to cost savings or improved compliance. This will demonstrate your ability to deliver on the key responsibilities outlined in the job description.
✨Collaboration is Key
Highlight your experience working cross-functionally with teams like procurement, legal, and finance. Think of examples where you’ve collaborated to streamline processes or improve contract management. This will show that you understand the importance of teamwork in achieving organisational goals.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s current contract management practices and challenges they face. This not only shows your interest in the role but also your proactive approach to identifying areas for improvement. It’s a great way to engage with the interviewers and leave a lasting impression.
