At a Glance
- Tasks: Manage contracts from start to finish, ensuring compliance and smooth operations.
- Company: Join Magnit, a leader in workforce management with over 30 years of experience.
- Benefits: Enjoy remote work, growth opportunities, and a collaborative team culture.
- Why this job: Make a real impact while working with passionate colleagues in a dynamic environment.
- Qualifications: Bachelor’s degree and 3-5 years in contract management required; staffing industry experience is a plus.
- Other info: This role is fully remote within the UK; diversity and inclusion are celebrated here.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Who We Are Magnit is the evolution of work. Serving hundreds of the world’s most recognizable brands for the past 30+ years, Magnit offers the industry’s first holistic platform for the modern workforce. Magnit’s integrated workforce management (IWM) platform supported by data, software, intelligence, and best-in-class services team is key to our clients’ success. It can adapt quickly to regional or industry economic shifts, and provides the speed, scale, flexibility, transparency, and expertise required to meet an organization’s contingent workforce management, talent strategy and broader organization goals. At Magnit, you’ll work with passionate colleagues who collaborate and deliver meaningful results that positively transform the largest companies around the globe.
About The Role THIS IS A REMOTE POSITION BASED IN THE UNITED KINGDOM ONLY
The Contracts Manager proactively manages all aspects of the contracting process and lifecycle for supplier and client related contracts. This role requires full contract administration responsibilities, including drafting, negotiating and administering contracts between Magnit and its suppliers and clients. This position will also ensure contract templates, RFPs, client implementations, projects, reports, and other departmental functions are accurately maintained and run seamlessly.
Additionally, the Contracts Manager will collaborate with management and advise as to the company’s contractual rights and obligations, to solve complex problems, and maintain negotiation and certification records. This role requires giving his/her team the support needed on negotiations, contractual terms and obligations, as well as other agreed upon deliverables. The Contracts Manager will maintain the department and company’s operational performance standards, quality work product in an efficient manner, and departmental initiatives.
What You Will Need
- Provide support on various new compliance reporting/data tracking requirements.
- Uphold Magnit’s principles, business controls, ethics, policies and procedures and professional standards.
- Serve as a key member of the contract review team with an emphasis on ensuring compliance with Magnit’s established policies, procedures, and tolerances and communicate non-conformance or areas of risk to management.
- Analyze contract requirements and determine use of appropriate contract structures/terms.
- Proven ability to manage high-value and high-complexity contracts in various industries (e.g. procurement, staffing, technology and commercial contracts).
- Provide key support for development and creation of new client contracts, independent contractor contracts, and staffing agency contracts for various international locations, which includes being responsible for the entire contract lifecycle, where applicable.
- Lead contract negotiations with clients, payrolled workers, independent contractors, and staffing agencies ensuring that compliance is achieved and consistency of contractual obligations are met.
- Responsible for reviewing, modifying, and finalizing all on-boarding/off-boarding documents (i.e., background screening/drug testing release forms, client policies and procedures, etc.).
- Draft and finalize amendments to the client, independent contractors, payroll workers, and suppliers, as needed.
- Collaborate with internal business partners including Sales, International Services, Client Services, and Implementation teams to meet customer deliverables and deadlines.
- Provide support and feedback for the development and implementation of international department processes and procedures.
- Assist with mentoring junior staff and departmental training including but not limited to: the contract process, complex legal issues, and international contracts.
- Provide ongoing support to the department/company including but not limited to leading special projects, reporting, distribution of contract templates to sales, SOP updates, etc.
- Update departmental client reports, as needed.
- Collaborate with the management team to support the development and implementation of the operational infrastructure designed to accommodate the business’ growth objectives.
- Deliver superior quality results with a continuous view of strategic objectives.
- Continually meet contractual service levels and maintain compliance with other contractual requirements.
What You Will Need
- Bachelor’s degree in law, Business Administration or related field.
- Fluent in English at a professional business level.
- Demonstrated proficiency in Word and Excel.
- Familiarity with international contract law and global compliance standards.
- Experience in the staffing industry is advantageous.
- Experience with international contracts.
- Experience with contract management software.
- At least 3-5 years of experience in contract management, with a focus on complex contractual structures is desirable.
What Magnit will Offer You At Magnit, you’ll be joining an innovative, high-growth environment and can quickly make an impact to help transform the largest companies in the world. You’ll work with passionate colleagues who collaborate and deliver. Magnit offers all employees the opportunity for growth and development, and we want individuals to fulfill their potential and blaze their own trails!
If this role isn’t for you Stay in touch, we will let you know when we have new positions on the team. To see a complete list of our open career opportunities please visit Magnit Careers. To do our best work we need different viewpoints. Therefore, we celebrate diversity and embrace inclusion. As an equal opportunity employer, we are dedicated to building a team that represents a variety of backgrounds, perspectives, and skills. We strive to ensure that we maintain a positive and enriching work environment for all.
Contract Manager employer: Magnit
Contact Detail:
Magnit Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Contract Manager
✨Tip Number 1
Familiarise yourself with international contract law and compliance standards, as this role requires a solid understanding of these areas. Consider taking online courses or attending workshops to enhance your knowledge and demonstrate your commitment to the field.
✨Tip Number 2
Network with professionals in the staffing industry and contract management sectors. Attend relevant webinars or local meetups to build connections that could provide insights into the role and potentially lead to referrals.
✨Tip Number 3
Prepare for potential interviews by practising your negotiation skills. Role-play scenarios where you negotiate contract terms, as this will help you articulate your approach and strategies effectively during the interview process.
✨Tip Number 4
Stay updated on industry trends and best practices in contract management. Subscribe to relevant publications or follow thought leaders on social media to ensure you can discuss current topics confidently during interviews.
We think you need these skills to ace Contract Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in contract management, particularly with complex contractual structures. Use specific examples that demonstrate your ability to draft, negotiate, and administer contracts.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role at Magnit and explain how your skills align with their needs. Mention your familiarity with international contract law and any experience in the staffing industry.
Showcase Relevant Skills: Emphasise your proficiency in Word and Excel, as well as any experience with contract management software. Highlight your ability to analyse contract requirements and ensure compliance with established policies.
Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Contracts Manager.
How to prepare for a job interview at Magnit
✨Know Your Contracts
Familiarise yourself with various types of contracts, especially those relevant to the staffing and procurement industries. Be prepared to discuss your experience managing complex contracts and how you ensure compliance with legal standards.
✨Demonstrate Negotiation Skills
Highlight your negotiation experience during the interview. Share specific examples where you successfully navigated contract terms and conditions, ensuring both parties' needs were met while maintaining compliance.
✨Showcase Your Analytical Abilities
Be ready to discuss how you analyse contract requirements and determine appropriate structures. Provide examples of how your analytical skills have led to successful contract outcomes in previous roles.
✨Emphasise Collaboration
Since this role involves working closely with various teams, be sure to illustrate your collaborative approach. Talk about how you've worked with sales, client services, or implementation teams to meet deliverables and deadlines.