Contract Manager

Contract Manager

Newcastle upon Tyne Full-Time 36000 - 60000 ÂŁ / year (est.) Home office possible
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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 is a remote position based in the UK only.

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

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.

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.

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. 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

Magnit is an exceptional employer that fosters a dynamic and inclusive work culture, allowing employees to thrive in a high-growth environment. As a Contracts Manager, you will have the opportunity to collaborate with passionate colleagues while managing complex contracts that drive meaningful results for some of the world's largest companies. With a strong emphasis on professional development and a commitment to diversity, Magnit empowers its employees to fulfil their potential and make a significant impact from the comfort of their remote UK location.
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Contact Detail:

Magnit Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Contract Manager

✨Tip Number 1

Familiarise yourself with Magnit's values and principles. Understanding our commitment to ethics and compliance will help you align your approach during interviews and discussions, showcasing that you're a good cultural fit.

✨Tip Number 2

Brush up on your knowledge of international contract law and compliance standards. Being able to discuss these topics confidently will demonstrate your expertise and readiness to handle the complexities of the role.

✨Tip Number 3

Network with professionals in the staffing industry. Engaging with others who have experience in contract management can provide insights and potentially valuable connections that may help you stand out in the application process.

✨Tip Number 4

Prepare to discuss specific examples from your past experiences where you've successfully managed complex contracts. Highlighting your problem-solving skills and negotiation successes will be key in demonstrating your capability for this role.

We think you need these skills to ace Contract Manager

Contract Drafting
Negotiation Skills
Contract Administration
Compliance Management
Analytical Skills
Attention to Detail
Project Management
Communication Skills
Problem-Solving Skills
Familiarity with International Contract Law
Experience with Contract Management Software
Knowledge of Global Compliance Standards
Ability to Manage High-Value Contracts
Mentoring and Training Skills
Proficiency in Microsoft Word and Excel

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Contracts Manager at Magnit. Highlight your relevant experience in contract management and your ability to handle complex contractual structures.

Tailor Your CV: Customise your CV to reflect the skills and experiences that align with the job description. Emphasise your proficiency in contract negotiation, compliance, and any relevant software tools you've used.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific examples from your past work that demonstrate your ability to manage high-value contracts and collaborate with various teams.

Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, and that your documents are formatted professionally. A polished application reflects your attention to detail.

How to prepare for a job interview at Magnit

✨Understand the Contract Lifecycle

Make sure you have a solid grasp of the entire contract lifecycle, from drafting to negotiation and administration. Be prepared to discuss your experience managing complex contracts and how you've navigated challenges in previous roles.

✨Showcase Your Compliance Knowledge

Since compliance is crucial for this role, brush up on Magnit's principles and policies. Be ready to explain how you've ensured compliance in past positions and how you would approach it at Magnit.

✨Prepare for Scenario-Based Questions

Expect questions that require you to think on your feet. Prepare examples of how you've handled difficult negotiations or resolved conflicts in contract management. Use the STAR method (Situation, Task, Action, Result) to structure your responses.

✨Highlight Collaboration Skills

This role involves working closely with various teams. Be prepared to discuss how you've successfully collaborated with different departments in the past, and provide examples of how you contributed to achieving common goals.

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