At a Glance
- Tasks: Manage complex contracts and collaborate with various teams to drive business success.
- Company: Join Entergy, a leader in the energy sector with a commitment to safety and innovation.
- Benefits: Enjoy a hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Dynamic work environment with potential for career advancement and networking.
- Why this job: Make an impact in the energy industry while developing your skills in contract management.
- Qualifications: Bachelor's degree or 4+ years of relevant experience in supply chain or contracting.
The predicted salary is between 40500 - 49500 £ per year.
Work Place Flexibility: Hybrid
Legal Entity: Entergy Services, LLC
Note: This is a hybrid role requiring three days a week of in-office work and is based in our offices in New Orleans, LA, Little Rock AR, The Woodlands, TX, or Jackson, MS. Selected candidates from outside the area will be required to relocate. Relocation assistance is not available for this position.
JOB SUMMARY/PURPOSE: The Contracts Specialist utilises and applies significant supply chain and contracting knowledge and experience to contract for complex services, with variable scopes of work, across multiple business areas (projects, operations, etc.). The role is responsible for assisting with complex business contracting strategies, recognising and integrating relevant market conditions. Key interfaces for this position are internal business customers such as a business unit, Tax, Finance, Risk Management, Safety, Human Resources and Legal, and external suppliers. Within SC, common interfaces for this role are Procurement Operations, Category Management, Capital Projects & Decommissioning, Supplier Diversity and Warehousing and Inventory Management.
JOB DUTIES/RESPONSIBILITIES:
- Safety/Human Performance: Actively promote strong safety behaviours and ensure the team always puts safety first; Utilise key tools, programs, and proactive field visits to assure standards and behaviours; Monitor and influence suppliers to proactively identify any safety concerns.
- Incident Response: Perform storm role duties as assigned through the Storm Assignment Management System (SAMS) and/or the nuclear Emergency Response Organization (ERO). Write storm contracts proactively and partner with category management specialists on bid events for storm contracting.
- Work Processes: Assist with pre-award contract development and post-award contract administration; assist with creating and lead the RFx bid process; develop negotiation strategies, optimal pricing methodology, establish KPIs when appropriate, and warranty protection; Perform detailed market and financial analyses to determine potential business risk associated with a supplier or contract; coordinate with Credit Risk as required; Identify and evaluate new and current sources of supply, including local suppliers, to ensure the most competitive and advantageous offering to Entergy is achieved; Work with Legal, Tax, and Risk Management to ensure any deviations from standard contract language are within Entergy’s Legal and Risk tolerance levels. Process Purchase Orders and complete other works assignments as necessary to ensure the success of the Procurement organisation.
- Value Creation: Deliver and document savings to Entergy through competitive bidding, direct negotiations, cost avoidance, etc.
- Partnership/Relationships: Develop and maintain relationships with stakeholders to ensure SC is addressing contractual needs pro-actively and in the most beneficial way for Entergy; Work with stakeholders to analyse and develop company position on claims and disputes; Establish/maintain relationships with suppliers/partners, based on the ethical business practices as set forth in the Standards of Conduct and Integrity and Entergy's SC Policies.
- Process and Reporting Compliance: Ensure all requirements for savings, diversity, document retention, bidding, contractor safety and other areas of compliance are met.
- Communications: Maintain open communications between stakeholders and within SC to ensure that prompt, thorough, accurate, pertinent and complete information is provided.
Minimum Requirements - Education/Experience:
- Contract Specialist I: Bachelor’s degree in Supply Chain, Business, Accounting, Engineering, Legal, or other related discipline OR in lieu of a degree, minimum 4+ years of supplier contracting, vendor management, or other related supply chain experience.
Preferred Education/Experience:
- Prior contracting experience in support of the energy industry.
- SC Certification from an industry accreditation organisation such as CPSM, APICS, etc.
Knowledge, Skills and Abilities:
- Technical: Advanced understanding of customer business drivers, objectives, budgets, needs and plans, and key interfaces inside and outside SC; Skillful application of commercial management processes (plan, strategy, source and perform); including supplier diversity, safety metrics and tools; Skillful application of market intelligence to assess supply market status and evolution; Skillful in developing contract strategies, incorporating relevant market conditions, based on customer objectives; including multi-contracting strategies with contractual responsibilities and liabilities allocated between each contract; Skillful in building negotiation strategies and leading negotiations for moderate to complex commercial contracts with minimal support; Skillful application of pre-award and post-award contract management processes, including ability to identify and mitigate contractual risks to Entergy; Skillful in building draft and final agreements with a range of compensation vehicles (e.g., lump sum, unit rates, time and materials); Understands the criteria required to create a contract at the local, regional or enterprise level; one-off applications or master agreement; Advanced knowledge of business and SC operations within Entergy; including how Entergy buys and pays (HEBAP); advanced understanding of supply chain systems and processes; Ability to engage with suppliers and facilitate other relevant parties to resolve obligation gaps and identify and make recommendations on legal issues; Proficient at supplier performance management.
- Professional: Skillful application of project management principles to ensure systematic, thorough completion of each assignment, identifying critical pathways and risks to delivery; Skillful application of commercial skills and financial acumen, understanding the key business drivers and impact to Entergy on outcomes; Skillful application of data analysis methods/techniques to provide detailed reports and insights; propose conclusions, use data trends and present in meaningful ways; Ability to coach other supply chain personnel in technical tools and techniques; Skillful at internal and external stakeholder communications; operates independently with stakeholders; apply influencing skills to develop best outcomes for Entergy; Skillful at building relationships and networks with all stakeholders; including with suppliers; Strong understanding of the management of change in post-award contract management; Strong understanding of how to effectively manage the costs of the business; Strong communication skills in presenting concise/relevant information to stakeholders.
WORKING CONDITIONS: As a provider of essential services, Entergy expects its employees to be available to work additional hours, to work in alternate locations, and/or to perform additional duties in connection with storms, outages, emergencies, or other situations as deemed necessary by the company. Exempt employees may not be paid overtime associated with such duties.
Contract Specialist I employer: Entergy
Entergy Texas, Inc. is an exceptional employer that prioritises employee development and safety in a collaborative work environment. With a strong focus on mentorship and training, employees have ample opportunities for growth while contributing to meaningful projects that impact the community. Located in a vibrant area, the company fosters a culture of teamwork and innovation, making it an ideal place for those seeking a rewarding career in distribution design.
StudySmarter Expert Advice🤫
We think this is how you could land Contract Specialist I
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like Entergy.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Contract Specialist I
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to Entergy:Your cover letter should read like you’re chatting directly to Entergy. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like Entergy.
How to prepare for a job interview at Entergy
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at Entergy!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at Entergy. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into Entergy's culture.