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 50000 - 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 Evaluate contracts for outdated terms, incorrect supplier data, and missing KPIs or SLAs.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™
As a Contract Management Specialist at this global leader in Market Research, you will thrive in a fully remote work environment with the flexibility of occasional travel to London. The company fosters a collaborative culture that prioritises employee growth and development, offering opportunities to enhance your skills while contributing to significant cost-saving initiatives. With a strong commitment to diversity, equity, and inclusion, this employer stands out as an excellent choice for those seeking meaningful and rewarding employment.
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 noticed. 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 passionate about contract management and how you can contribute to our goals. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills:Since this role involves a lot of contract analysis, make sure to showcase your analytical skills in your application. Provide examples of how you've successfully evaluated contracts or improved processes in the past.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss any important updates from us!
How to prepare for a job interview at Career Moves Group I B Corp™
✨Know Your Contracts Inside Out
Before the interview, make sure you thoroughly understand contract management principles and the specific responsibilities of a Contract Management Specialist. Familiarise yourself with common terms, KPIs, and SLAs that are relevant to the role. This will help you confidently discuss your insights and experiences.
✨Showcase Your Analytical Skills
Be prepared to discuss how you've previously analysed contracts and identified inefficiencies. Bring examples of how you've implemented changes that led to cost savings or improved compliance. This will demonstrate your ability to deliver on the key responsibilities outlined in the job description.
✨Highlight Cross-Functional Collaboration
Since this role involves working closely with procurement, legal, and finance teams, be ready to share examples of how you've successfully collaborated across departments. Discuss any challenges you faced and how you overcame them to ensure alignment in contract management.
✨Stay Updated on Compliance Standards
Make sure you're aware of current legal and regulatory standards, such as GDPR and cyber security requirements. Being knowledgeable about these topics will show that you take compliance seriously and can contribute to the company's goals of maintaining high standards in contract management.
